Company: LIN
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-007990
Chunk: 63

Company: LINDE PLC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 63
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 distribution methods: on-site or tonnage; merchant or bulk; and packaged or cylinder gases. The distribution methods are generally integrated in order to best meet the customer’s needs and very few of its products can be economically transported outside of a region. Therefore, the distribution economics are specific to the various geographies in which the company operates and are consistent with how management assesses performance.The CODM consists of the CEO, CFO and senior or executive vice president of each respective segment. The company’s measure of profit/loss for segment reporting is segment operating profit. Segment operating profit is defined as operating profit excluding purchase accounting impacts of the Linde AG merger, cost reduction and other charges, and items not indicative of ongoing business trends. The CODM uses operating profit to assess overall segment performance, which 

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includes monitoring opportunities for growth and to make capital decisions across the respective segments, while assessing both industry and macroeconomic conditions. Total assets have not been included as this is not provided to the CODM for their assessment.The table below presents information about reportable segments for the years ended December 31, 2024, 2023 and 2022.(Millions of dollars)AmericasEMEAAPACEngineeringOtherTotal2024Sales (a)$14,442 $8,352 $6,632 $2,322 $1,257 $33,005 Variable Costs (b)5,375 3,129 3,304 920 408 13,136 Fixed Costs and other (c)3,067 1,803 769 959 694 7,292 Depreciation and amortization (d)1,450 640 641 33 93 2,857 Operating Profit (e)4,550 2,780 1,918 410 62 9,720 Expenditures for long-lived assets$2,805 $702 $1,059 $25 $223 $4,814 2023Sales (a)$14,304 $8,542 $6,559 $2,160 $1,289 $32,854 Variable Costs (b)5,524 3,614 3,317 676 433 13,564 Fixed Costs and other (c)3,113 1,802 803 960 717 7,395 Depreciation and amortization (d)1,423 640