Company: LIN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001628280-25-021379
Chunk: 24

Company: LINDE PLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 24
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 dollars)AmericasEMEAAPACEngineeringOtherTotal2025Sales (a)$3,666 $2,031 $1,539 $565 $311 $8,112 Variable Costs (b)1,395 721 748 215 114 3,193 Fixed Costs and other (c)767 429 178 228 160 1,762 Depreciation and amortization (d)367 159 162 8 23 719 Operating Profit (e)$1,137 $722 $451 $114 $14 $2,438 2024Sales (a)$3,560 $2,091 $1,591 $539 $319 $8,100 Variable Costs (b)1,324 798 792 188 109 3,211 Fixed Costs and other (c)790 447 190 243 169 1,839 Depreciation and amortization (d)358 159 162 8 22 709 Operating Profit (e)$1,088 $687 $447 $100 $19 $2,341 (a)Sales reflect external sales only. Intersegment sales from Engineering to the industrial gases segments, were $601 million and $391 million for the three months ended March 31, 2025 and 2024, respectively. Intersegment sales from Helium, were $112 million and $123 million for the three months ended March 31, 2025 and 2024, respectively.(b)Variable costs represents the variable portion of cost of sales, exclusive of depreciation and amortization.(c)Fixed costs and other represents the fixed portion of cost of sales, exclusive of depreciation and amortization, selling, general and administrative, research and development and other income (expenses) - net.(d)Refer to reconciliation of depreciation and amortization to consolidated results below.(e)Refer to reconciliation of operating profit to consolidated results below.Reconciliations to Consolidated ResultsDepreciation and AmortizationThe table below reconciles total depreciation and amortization disclosed in the table above to consolidated depreciation and amortization as reflected on our consolidated statement of income:Quarter Ended March 31,(Millions of dollars)20252024Total segment depreciation and amortization$719 $709 Purchase accounting impacts - Linde AG191 240 Total depreciation and amortization$910 $949