Company: LIN
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001628280-25-037164
Chunk: 78

Company: LINDE PLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 78
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573 $508 $1,084 $971 Add: Purchase accounting impacts - Linde AG (c)46 56 90 116 

36

Quarter Ended June 30,Six Months Ended June 30,2025202420252024Add: Cost reduction program and other charges— — 18 5 Total adjustments 46 56 108 121 Adjusted income taxes $619 $564 $1,192 $1,092 Adjusted Effective Tax Rate (a)Reported income before income taxes and equity investments$2,346 $2,163 $4,526 $4,243 Add: Purchase accounting impacts - Linde AG (c)202 237 401 481 Add: Cost reduction program and other charges— — 55 — Total adjustments 202 237 456 481 Adjusted income before income taxes and equity investments$2,548 $2,400 $4,982 $4,724 Reported Income taxes $573 $508 $1,084 $971 Reported effective tax rate24.4 %23.5 %24.0 %22.9 %Adjusted income taxes $619 $564 $1,192 $1,092 Adjusted effective tax rate24.3 %23.5 %23.9 %23.1 %Income from Equity InvestmentsReported income from equity investments$33 $45 $71 $93 Add: Purchase accounting impacts - Linde AG (c)18 18 36 36 Adjusted income from equity investments $51 $63 $107 $129 Adjusted Noncontrolling InterestsReported noncontrolling interests$(40)$(37)$(74)$(75)Add: Purchase accounting impacts - Linde AG (c)(3)(3)(6)(6)Adjusted noncontrolling interests$(43)$(40)$(80)$(81)Adjusted Net Income - Linde plc (b)Reported net income$1,766 $1,663 $3,439 $3,290 Add: Cost reduction program and other charges— — 37 (5)Add: Purchase accounting impacts - Linde AG (c)171 196 341 395 Total adjustments171 196 378 390 Adjusted net income - Linde plc$1,937