Company: LIN
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001628280-25-047710
Chunk: 78

Company: LINDE PLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 8
Chunk 78
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 supplement investors’ understanding of the company’s financial information by providing measures which investors, financial analysts and management use to help evaluate the company’s operating performance and liquidity.  Items which the company does not believe to be indicative of on-going business trends are excluded from these calculations so that investors can better evaluate and analyze historical and future business trends on a consistent basis.  Definitions of these non-GAAP measures may not be comparable to similar definitions used by other companies and are not a substitute for similar GAAP measures. 

Quarter Ended September 30,Nine Months Ended September 30,2025202420252024Adjusted Operating Profit and Operating MarginReported operating profit$2,367 $2,086 $6,905 $6,365 Add: Cost reduction program and other charges(11)145 44 145 Add: Purchase accounting impacts - Linde AG (c)202 246 603 730 Total adjustments191 391 647 875 Adjusted operating profit$2,558 $2,477 $7,552 $7,240 Reported percentage change13 %8 %Adjusted percentage change3 %4 %Reported sales$8,615 $8,356 $25,222 $24,723 Reported operating margin27.5 %25.0 %27.4 %25.7 %Adjusted operating margin29.7 %29.6 %29.9 %29.3 %Adjusted Depreciation and amortizationReported depreciation and amortization$961 $960 $2,813 $2,867 Less: Purchase accounting impacts - Linde AG (c)(202)(240)(591)(717)Adjusted depreciation and amortization$759 $720 $2,222 $2,150 Adjusted Other Income (Expense) - netReported Other Income (Expense) - net$14 $51 $47 $111 Add: Purchase accounting impacts - Linde AG (c)— (6)(12)(13)Adjusted Other Income (Expense) - net$14 $57 $59 $124 Adjusted Net Pension and OPEB Cost (Benefit), Excluding Service CostReported net pension and OPEB cost (benefit), excluding service cost$(57)$(45)$(172)$(144)Add: Pension settlement charges(2)(6)(2)(6)Adjusted Net Pension