Company: LIN
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001628280-25-037164
Chunk: 82

Company: LINDE PLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 82
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 out in the final terms for the relevant issue of notes. The current European debt issuance program will be valid for a period of one year from May 8, 2025 after which it will require updating prior to any further issuance of notes. 

For further information about the guarantees of the debt securities registered under the Registration Statement (including the ranking of such guarantees, limitations on enforceability of such guarantees and the circumstances under which such guarantees may be released), see “Description of Debt Securities – Guarantees” and “Description of Debt Securities – Ranking” in the Registration Statement, which subsections are incorporated herein by reference.

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The following tables present summarized financial information for Linde plc, Linde Inc., Linde GmbH and Linde Finance on a combined basis, after eliminating intercompany transactions and balances between them and excluding investments in and equity in earnings from non-guarantor subsidiaries.

(Millions of dollars)Statement of Income DataSix Months Ended June 30, 2025Twelve Months Ended December 31, 2024Sales$4,249 $7,995 Operating profit785 1,526 Net income(102)3,553 Transactions with non-guarantor subsidiaries1,715 7,177 Balance Sheet Data (at period end)Current assets (a)$5,427 $7,827 Long-term assets (b)16,057 14,481 Current liabilities (c)10,486 10,309 Long-term liabilities (d)71,104 64,848 (a) From current assets above, amount due from non-guarantor subsidiaries$1,912 $4,425 (b) From long-term assets above, amount due from non-guarantor subsidiaries927 1,031 (c) From current liabilities above, amount due to non-guarantor subsidiaries2,202 1,841 (d) From long-term liabilities above, amount due to non-guarantor subsidiaries46,749 45,378 

Item 3. Quantitative and Qualitative Disclosures About Market Risk

Refer to Item 7A. to Part II of Linde's 2024 Annual Report on Form 10-K for discussion.

Item 4. Controls and Procedures

(a)Based on an evaluation of the effectiveness of Linde's disclosure controls and procedures, which was made under the supervision and with the participation of management, including Linde's principal executive officer and principal financial officer, the principal executive officer and principal financial officer