Company: LIN
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-007990
Chunk: 0

Company: LINDE PLC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
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Table of Contents

ITEM 8.     FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

 PageManagement’s Statement of Responsibility for Financial Statements42Management’s Report on Internal Control Over Financial Reporting42Report of Independent Registered Public Accounting Firm [PCAOB ID 238]43Audited Consolidated Financial StatementsConsolidated Statements of Income for the Years Ended December 31, 2024, 2023 and 202245Consolidated Statements of Comprehensive Income for the Years Ended December 31, 2024, 2023 and 202246Consolidated Balance Sheets as of December 31, 2024 and 202347Consolidated Statements of Cash Flows for the Years Ended December 31, 2024, 2023 and 202248Consolidated Statements of Equity for the Years Ended December 31, 2024, 2023 and 202249Notes to Consolidated Financial StatementsNote 1.  Summary of Significant Accounting Policies50Note 2.  Acquisitions and Divestitures53Note 3.  Cost reduction program and other charges54Note 4.  Leases56Note 5.  Income Taxes57Note 6.  Earnings Per Share – Linde plc Shareholders60Note 7.  Supplemental Information61Note 8.  Property, Plant and Equipment – Net64Note 9.  Goodwill65Note 10.  Other Intangible Assets65Note 11.  Debt66Note 12.  Financial Instruments68Note 13.  Fair Value Disclosures71Note 14.  Equity and Noncontrolling Interests72Note 15.  Share-Based Compensation73Note 16.  Retirement Programs75Note 17.  Commitments and Contingencies82Note 18.  Segment Information84Note 19.  Revenue Recognition86Note 20.  Subsequent Events89

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Table of Contents

MANAGEMENT’S STATEMENT OF RESPONSIBILITY FOR FINANCIAL STATEMENTS

Linde’s consolidated financial statements are prepared by management, which is responsible for their fairness, integrity and objectivity. The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America applied on a consistent basis, except for accounting changes as disclosed, and include amounts that are estimates and judgments.