Company: LIN
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-007990
Chunk: 31

Company: LINDE PLC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 31
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 amount of goodwill for the years ended December 31, 2024 and 2023 were as follows:(Millions of dollars)AmericasEMEAAPACEngineeringOtherTotalBalance, December 31, 2022$9,136 $9,492 $4,550 $2,349 $290 $25,817 Acquisitions (Note 2)550 — 3 — — 553 Foreign currency translation and other17 347 (54)73 3 386 Disposals— (5)— — — (5)Balance, December 31, 20239,703 9,834 4,499 2,422 293 26,751 Acquisitions (Note 2)191 — 17 — — 208 Foreign currency translation and other(56)(538)(253)(150)(21)(1,018)Disposals (Note 2)— — (4)— — (4)Balance, December 31, 2024$9,838 $9,296 $4,259 $2,272 $272 $25,937 Linde performs its goodwill impairment tests annually as of October 1 or more frequently if events or circumstances indicate that an impairment loss may have been incurred. For the fourth quarter 2024 test, the company applied the FASB's accounting guidance which allows the company to first assess qualitative factors to determine the extent of additional quantitative analysis, if any, that may be required to test goodwill for impairment. Based on the qualitative assessments performed, the company concluded that it was more likely than not that the fair value of each reporting unit substantially exceeded its carrying value and therefore, further quantitative analysis was not required. As a result, no impairment was recorded. There were no indicators of impairment since the annual goodwill impairment test was performed through December 31, 2024.

NOTE 10. OTHER INTANGIBLE ASSETS

The following is a summary of Linde’s other intangible assets at December 31, 2024 and 2023:   (Millions of dollars) For the year ended December 31, 2024Customer RelationshipsBrands/TradenamesOther Intangible AssetsTotalCost:Balance, December 31, 2023$11,479 $2,609 $1,913 $16,001 Additions22 — 28 50