Company: LIN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001628280-25-021379
Chunk: 66

Company: LINDE PLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 66
---
 AG (c)199 244 Add: Cost reduction program and other charges55 — Total adjustments 254 244 Adjusted income before income taxes and equity investments$2,434 $2,324 Reported Income taxes $511 $463 Reported effective tax rate23.4 %22.3 %Adjusted income taxes $573 $528 Adjusted effective tax rate23.5 %22.7 %Income from Equity InvestmentsReported income from equity investments$38 $48 Add: Purchase accounting impacts - Linde AG (c)18 18 Adjusted income from equity investments $56 $66 Adjusted Noncontrolling InterestsReported noncontrolling interests$(34)$(38)Add: Purchase accounting impacts - Linde AG (c)(3)(3)Total adjustments(3)(3)Adjusted noncontrolling interests$(37)$(41)Adjusted Net Income - Linde plc (b)Reported net income$1,673 $1,627 Add: Cost reduction program and other charges37 (5)Add: Purchase accounting impacts - Linde AG (c)170 199 Total adjustments207 194 Adjusted net income - Linde plc$1,880 $1,821 

35

Quarter Ended March 31,20252024Adjusted Diluted EPS (b)Reported diluted EPS$3.51 $3.35 Add: Cost reduction program and other charges0.08 (0.01)Add:  Purchase accounting impacts - Linde AG (c)0.36 0.41 Total adjustments0.44 0.40 Adjusted diluted EPS$3.95 $3.75 Reported percentage change5 %Adjusted percentage change5 %Adjusted EBITDA and % of SalesNet Income - Linde plc$1,673 $1,627 Add: Noncontrolling interests34 38 Add: Net pension and OPEB cost (benefit), excluding service cost(56)(50)Add: Interest expense60 65 Add: Income taxes511 463 Add: Depreciation and amortization910 949 EBITDA$3,132 $3,092 Add: Cost reduction program and other charges55 — Add: Purchase accounting impacts - Linde AG (c)26 24 Total adjustments81 24 Adjusted EBITDA$3,213