Company: LIN
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001628280-25-037164
Chunk: 34

Company: LINDE PLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 34
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067 $— $98 $4,972 30 %On-Site1,766 852 1,365 — — 3,983 24 %Packaged Gas3,189 1,928 666 — 14 5,797 35 %Other113 16 96 1,116 514 1,855 11 %Total$7,478 $4,193 $3,194 $1,116 $626 $16,607 100 %2024Merchant$2,295 $1,377 $1,096 $— $107 $4,875 30 %On-Site1,589 853 1,336 — — 3,778 23 %Packaged Gas3,222 1,920 670 — 14 5,826 36 %Other109 32 146 1,083 518 1,888 11 %Total$7,215 $4,182 $3,248 $1,083 $639 $16,367 100 %Remaining Performance ObligationsAs described above, Linde's contracts with on-site customers are under long-term supply arrangements which generally require the customer to purchase their requirements from Linde and also have minimum purchase requirements. Additionally, plant sales from the Linde Engineering business are primarily contracted on a fixed price basis. The company estimates the consideration related to future minimum purchase requirements and plant sales was approximately $61 billion. This amount excludes all on-site sales above minimum purchase requirements, which can be significant depending on customer needs. In the future, actual amounts will be different due to impacts from several factors, many of which are beyond the company’s control including, but not limited to, timing of newly signed, terminated and renewed contracts, inflationary price escalations, currency exchange rates, and pass-through costs related to natural gas and electricity. The actual duration of long-term supply contracts 

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ranges up to twenty years. The company estimates that approximately half of the revenue related to minimum purchase requirements will be earned in the next six years and the remaining thereafter.

12. Subsequent Events

On July 4, 2025, H.R.1 - One Big Beautiful Bill Act was enacted into law (OBBBA). The Bill makes permanent key elements of the 2017 Tax Cuts and Jobs Act, including