Company: LIN
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001628280-25-037164
Chunk: 77

Company: LINDE PLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 77
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 financial information by providing measures which investors, financial analysts and management use to help evaluate the company’s operating performance and liquidity.  Items which the company does not believe to be indicative of on-going business trends are excluded from these calculations so that investors can better evaluate and analyze historical and future business trends on a consistent basis.  Definitions of these non-GAAP measures may not be comparable to similar definitions used by other companies and are not a substitute for similar GAAP measures. 

Quarter Ended June 30,Six Months Ended June 30,2025202420252024Adjusted Operating Profit and Operating MarginReported operating profit$2,354 $2,184 $4,538 $4,279 Add: Cost reduction program and other charges— — 55 — Add: Purchase accounting impacts - Linde AG (c)202 238 401 484 Total adjustments202 238 456 484 Adjusted operating profit$2,556 $2,422 $4,994 $4,763 Reported percentage change8 %6 %Adjusted percentage change6 %5 %Reported sales$8,495 $8,267 $16,607 $16,367 Reported operating margin27.7 %26.4 %27.3 %26.1 %Adjusted operating margin30.1 %29.3 %30.1 %29.1 %Adjusted Depreciation and amortizationReported depreciation and amortization$942 $958 $1,852 $1,907 Less: Purchase accounting impacts - Linde AG (c)(198)(237)(389)(477)Adjusted depreciation and amortization$744 $721 $1,463 $1,430 Adjusted Other Income (Expense) - netReported Other Income (Expense) - net$15 $2 $33 $60 Add: Purchase accounting impacts - Linde AG (c)(4)(1)(12)(7)Adjusted Other Income (Expense) - net$19 $3 $45 $67 Adjusted Interest Expense - NetReported interest expense - net$67 $70 $127 $135 Add: Purchase accounting impacts - Linde AG (c)— 1 — 3 Adjusted interest expense - net$67 $71 $127 $138 Adjusted Income Taxes (a)Reported income taxes$