Company: LIN
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-007990
Chunk: 28

Company: LINDE PLC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 28
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2023, respectively. Gross other receivables were $148 million and $154 million at December 31, 2024  and December 31, 2023, respectively. Receivables aged greater than one year are generally fully reserved unless specific circumstances warrant exceptions, such as those backed by federal governments.Provisions for expected credit losses were $180 million, $175 million and $163 million for the twelve months ended December 31, 2024, 2023 and 2022, respectively. The allowance activity in the twelve months ended December 31, 2024 related to write-offs of uncollectible amounts, net of recoveries and currency movements is not material.December 31,20242023InventoriesRaw materials and supplies$529 $614 Work in process371 390 Finished goods1,046 1,111 $1,946 $2,115 December 31,20242023Prepaid and Other Current AssetsPrepaid and other deferred charges (b)$579 $583 VAT recoverable177 178 Unrealized gains on derivatives (Note 12)302 73 Other (c)206 93 $1,264 $927 December 31,20242023Other Long-term AssetsPension assets (Note 16)$1,106 $380 Insurance contracts (d)32 38 Long-term receivables, net (e)28 163 Lease assets (Note 4)989 938 Deposits73 76 Investments carried at cost (f) (Note 17)106 187 Deferred charges58 60 Deferred income taxes (Note 5) 428 226 Unrealized gains on derivatives (Note 12)4 8 Other206 223 $3,030 $2,299 

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December 31,20242023Other Current LiabilitiesAccrued expenses$1,321 $1,494 Payroll618 678 VAT payable256 253 Pension and postretirement (Note 16)37 31 Interest payable227 129 Lease liability (Note 4)230 227 Insurance reserves20 21 Unrealized losses on derivatives (Note 12)92 41 Cost reduction programs and other charges (Note 3)175 146 Other950 1,136 $3,