Company: LIN
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-007990
Chunk: 138

Company: LINDE PLC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 138
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 AG (c)220232Add: Pension settlement charges23Add: Cost reduction program and other charges3681Total adjustments 258316Adjusted income taxes $2,260$2,130Adjusted Effective Tax Rate (a)Reported income before income taxes and equity investments$8,569$7,988Add: Pension settlement charge1016Add: Purchase accounting impacts - Linde AG (c)937990Add: Cost reduction program and other charges14540Total adjustments 1,0921,046Adjusted income before income taxes and equity investments$9,661$9,034Reported Income taxes $2,002$1,814Reported effective tax rate23.4%22.7%Adjusted income taxes $2,260$2,130Adjusted effective tax rate23.4%23.6%Income from Equity InvestmentsReported income from equity investments$170$167Add: Purchase accounting impacts - Linde AG (c)7272Adjusted income from equity investments $242$239Adjusted Noncontrolling InterestsReported noncontrolling interests$(172)$(142)Add: Purchase accounting impacts - Linde AG (c)(12)(12)Add: Cost reduction program and other charges16—Total adjustments4(12)Adjusted noncontrolling interests$(168)$(154)Adjusted Net Income - Linde plc (b)Reported net income$6,565 $6,199 Add: Pension settlement charge8 13 Add: Cost reduction program and other charges125 (41)Add: Purchase accounting impacts - Linde AG (c)777 818 Total adjustments910 790 Adjusted net income - Linde plc$7,475 $6,989 Adjusted Diluted EPS (b)Reported diluted EPS$13.62 $12.59 

36

(Dollar amounts in millions, except per share data)Year Ended December 31,20242023Add: Pension settlement charge0.02 0.03 Add: Cost reduction program and other charges0.26 (0.08)Add:  Purchase accounting impacts - Linde AG (c)1.61 1.66 Total adjustments1.89 1.61 Adjusted diluted EPS$15.51 $14.20 Reported percentage change8 %Adjusted percentage change9 %Adjusted EBITDA and % of SalesNet Income - Linde plc$6,565 $6,199 Add: Noncontrolling interests172