Company: LIN
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-007990
Chunk: 137

Company: LINDE PLC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 137
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’s financial leverage and operating performance. Special items which the company does not believe to be indicative of on-going business performance 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.

The non-GAAP measures in the following reconciliations are presented in this MD&A.

Adjusted Amounts

(Dollar amounts in millions, except per share data)Year Ended December 31,20242023Adjusted Operating Profit and Operating MarginReported operating profit$8,635 $8,024 Add: Cost reduction program and other charges145 40 Add: Purchase accounting impacts - Linde AG (c)940 1,006 Total adjustments1,085 1,046 Adjusted operating profit$9,720 $9,070 Reported percentage change8 %Adjusted percentage change7 %Reported sales$33,005 $32,854 Reported operating margin26.2 %24.4 %Adjusted operating margin29.5 %27.6 %Adjusted Depreciation and amortizationReported depreciation and amortization$3,780 $3,816 Less: Purchase accounting impacts - Linde AG (c)(923)(991)Adjusted depreciation and amortization$2,857 $2,825 Adjusted Other Income (Expense) - netReported Other Income (Expense) - net$185 $(41)Add: Purchase accounting impacts - Linde AG (c)(17)(15)Adjusted Other Income (Expense) - net$202 $(26)Adjusted Net Pension and OPEB Cost (Benefit), Excluding Service CostReported net pension and OPEB cost (benefit), excluding service cost$(190)$(164)Add: Pension settlement charges(10)(16)Adjusted Net Pension and OPEB cost (benefit), excluding service costs$(200)$(180)Adjusted Interest Expense - NetReported interest expense - net$256 $200 Add: Purchase accounting impacts - Linde AG (c)3 16 Adjusted interest expense - net$259 $216 

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(Dollar amounts in millions, except per share data)Year Ended December 31,20242023Adjusted Income Taxes (a)Reported income taxes$2,002$1,814Add: Purchase accounting impacts - Linde