Company: LIN
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-007990
Chunk: 65

Company: LINDE PLC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 65
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 depreciation and amortization$3,780 $3,816 $4,204 

85

Income Before Income Taxes and Equity InvestmentsThe table below reconciles total operating profit disclosed in the table above to consolidated income before income taxes and equity investments as reflected on our consolidated statements of income:(Millions of dollars)202420232022Total segment operating profit$9,720 $9,070 $7,904 Cost reduction program and other charges145 40 1,029 Purchase accounting impacts - Linde AG940 1,006 1,506 Interest expense - net256 200 63 Net pension and OPEB cost (benefit), excluding service cost(190)(164)(237)Total consolidated income before income taxes and equity investments$8,569 $7,988 $5,543 Geographic InformationThe geographic information presented below is based on country of origin.Sales by Major Country(Millions of dollars)202420232022United States$11,497 $10,566 $10,553 China2,649 2,585 2,643 Germany (a)2,509 2,827 3,662 United Kingdom1,540 1,507 1,954 Australia1,354 1,303 1,372 Mexico1,346 1,292 1,044 Brazil1,263 1,302 1,158 Other – non-U.S.10,847 11,472 10,978 Total Sales$33,005 $32,854 $33,364 (a)Sales in Germany include Engineering sales to third parties, locally and internationally, which represent 28%, 35%  and 44% of Germany sales in  2024, 2023 and 2022, respectively.Long-lived Assets(Millions of dollars)202420232022United States$9,663 $8,490 $7,663 China2,022 2,063 2,176 Germany1,386 1,584 1,678 Brazil738 836 720 Mexico704 768 707 United Kingdom668 684 704 Australia573 654 688 Other – non-U.S.9,021 9,473 9,212 Total long-lived assets (a)$24,775 $24,552 $23,548 

(a)Long-lived assets