Company: LIN
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001628280-25-037164
Chunk: 21

Company: LINDE PLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 21
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$3,439 $3,290 Denominator (Thousands of shares)Weighted average shares outstanding470,091 479,130 471,011 480,246 Shares earned and issuable under compensation plans774 843 846 697 Weighted average shares used in basic earnings per share470,865 479,973 471,857 480,943 Effect of dilutive securitiesStock options and awards2,708 3,204 2,834 3,423 Weighted average shares used in diluted earnings per share473,573 483,177 474,691 484,366 Basic Earnings Per Share $3.75 $3.46 $7.29 $6.84 Diluted Earnings Per Share$3.73 $3.44 $7.24 $6.79 The weighted-average of antidilutive securities excluded from the calculation of diluted earnings per share was 665 thousand and 533 thousand for the quarter and six months ended June 30, 2025, respectively, and 353 thousand and 226 thousand for the respective 2024 periods.

7. Retirement Programs

The components of net pension and postretirement benefits other than pensions (“OPEB”) costs for the quarter and six months ended June 30, 2025 and 2024 are shown below: Quarter Ended June 30,Six Months Ended June 30,(Millions of dollars)2025202420252024Amount recognized in Operating Profit  Service cost$21 $21 $41 $42 Amount recognized in Net pension and OPEB cost (benefit), excluding service costInterest cost89 91 175 182 Expected return on plan assets(140)(137)(274)(275)Net amortization and deferral (gain) loss(8)(3)(16)(6)(59)(49)(115)(99) Net periodic benefit cost (benefit)$(38)$(28)$(74)$(57)Components of net periodic benefit expense for other post-retirement plans for the quarter and six months ended June 30, 2025 and 2024 were not material. 

Linde estimates that 2025 required contributions to its pension plans will be in the range of approximately $25 million to $35 million, of which $15 million have been made through June 30, 2025. 

8. Commitments and Contingencies