Company: LIN
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001628280-25-037164
Chunk: 7

Company: LINDE PLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 7
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LINDE PLC AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF INCOME

(Millions of dollars, except per share data)

(UNAUDITED) 

 Quarter Ended June 30,Six Months Ended June 30, 2025202420252024Sales$8,495 $8,267 $16,607 $16,367 Cost of sales, exclusive of depreciation and amortization4,306 4,251 8,463 8,467 Selling, general and administrative870 840 1,656 1,700 Depreciation and amortization942 958 1,852 1,907 Research and development38 36 76 74 Cost reduction program and other charges— — 55 — Other income (expense) - net15 2 33 60 Operating Profit2,354 2,184 4,538 4,279 Interest expense - net67 70 127 135 Net pension and OPEB cost (benefit), excluding service cost(59)(49)(115)(99)Income Before Income Taxes and Equity Investments2,346 2,163 4,526 4,243 Income taxes573 508 1,084 971 Income Before Equity Investments1,773 1,655 3,442 3,272 Income from equity investments33 45 71 93 Net Income (Including Noncontrolling Interests)1,806 1,700 3,513 3,365 Less: noncontrolling interests(40)(37)(74)(75)Net Income – Linde plc$1,766 $1,663 $3,439 $3,290 Per Share Data – Linde plc ShareholdersBasic earnings per share$3.75 $3.46 $7.29 $6.84 Diluted earnings per share$3.73 $3.44 $7.24 $6.79 Weighted Average Shares Outstanding (000’s):Basic shares outstanding470,865 479,973 471,857 480,943 Diluted shares outstanding473,573 483,177 474,691 484,366  

The accompanying notes are an integral part of these financial statements.

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LINDE PLC AND SUBSIDIARIES

CONSOLIDATED STATEMENT