Company: LIN
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001628280-25-037164
Chunk: 28

Company: LINDE PLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 1
Chunk 28
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iles total operating profit disclosed in the table above to consolidated income before income taxes and equity investments as reflected on our consolidated statement of income:Quarter Ended June 30,Six Months Ended June 30,2025202420252024Total segment operating profit$2,556 $2,422 $4,994 $4,763 Cost reduction program and other charges— — 55 — Purchase accounting impacts - Linde AG (a)202 238 401 484 Total 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)Total consolidated income before income taxes and equity investments$2,346 $2,163 $4,526 $4,243 (a)To adjust for purchase accounting impacts related to the merger.

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10. Equity

A summary of the changes in total equity for the quarter and six months ended June 30, 2025 and 2024 is provided below:Quarter Ended June 30,(Millions of dollars)20252024ActivityLinde plcShareholders’EquityNoncontrollingInterestsTotalEquityLinde plcShareholders’EquityNoncontrollingInterestsTotalEquityBalance, beginning of period$38,032 $1,418 $39,450 $38,829 $1,387 $40,216 Net income (a)1,766 40 1,806 1,663 37 1,700 Other comprehensive income (loss)518 23 541 (266)(10)(276)Noncontrolling interests:Additions (reductions)(4)18 14 — — — Dividends and other capital changes— (41)(41)— (55)(55)Dividends to Linde plc ordinary share holders ($1.50 per share in 2025 and $1.39 per share in 2024)(704)— (704)(665)— (665)Issuances of ordinary shares:For employee savings and incentive plans(25)— (25)(15)— (15)Purchases of ordinary shares(1,114)— (1,114)(1,407)— (1,407)Share-based compensation46 — 46