Company: LIN
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001628280-25-037164
Chunk: 51

Company: LINDE PLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 8
Chunk 51
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 quality of construction and assembly work, responsibilities falling under the scope of Nipigas. On October 29, 2024, Gazprom submitted a claim to the Arbitration State Court in the Amur Region, Russia (“Amur Court”) against Linde claiming damages and lost profits arising from the fire incidents.As of June 30, 2025, Linde has a contingent liability of $0.7 billion for this and other Amur GPP contract matters. It is difficult to estimate the timing of resolution of this matter. The company intends to vigorously defend its interests in this case.

9. Segment Information

For a description of Linde plc's operating segments and information on how the Chief Operating Decision Maker assesses performance and allocates resources, refer to Note 18 to the consolidated financial statements on Linde plc's 2024 Annual Report on Form 10-K. The company’s measure of profit/loss for segment reporting is segment operating profit. Segment operating profit is defined as operating profit excluding purchase accounting impacts of the Linde AG merger, cost reduction and other charges, and items not indicative of ongoing business trends.The table below presents sales and operating profit information about reportable segments and Other for the quarter and six months ended June 30, 2025 and 2024. 

16

Quarter Ended June 30,(Millions of dollars)AmericasEMEAAPACEngineeringOtherTotal2025Sales (a)$3,812 $2,162 $1,655 $551 $315 $8,495 Variable Costs (b)1,424 733 803 206 112 3,278 Fixed Costs and other (c)805 480 194 247 191 1,917 Depreciation and amortization (d)374 169 168 8 25 744 Operating Profit (e)$1,209 $780 $490 $90 $(13)$2,556 2024Sales (a)$3,655 $2,091 $1,657 $544 $320 $8,267 Variable Costs (b)1,337 777 824 200 112 3,250 Fixed Costs and other (c)787 453 199 240 195 1,874 Depreciation and amortization (d)372 157 160 8 24 721 Operating Profit (e)$1,159 $