Company: LIN
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-007990
Chunk: 6

Company: LINDE PLC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 6
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,773 488,191 499,736 Diluted shares outstanding482,092 492,290 504,038 

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

45

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

LINDE PLC AND SUBSIDIARIES

(Dollar amounts in millions) 

Year Ended December 31,202420232022NET INCOME (INCLUDING NONCONTROLLING INTERESTS)$6,737 $6,341 $4,281 OTHER COMPREHENSIVE INCOME (LOSS)Translation adjustments:Foreign currency translation adjustments(1,638)399 (1,725)Reclassifications to net income— — (110)Income taxes6 1 — Translation adjustments(1,632)400 (1,835)Funded status - retirement obligations (Note 16):Retirement program remeasurements674 (480)1,349 Reclassifications to net income— (14)80 Income taxes(155)114 (359)Funded status - retirement obligations519 (380)1,070 Derivative instruments (Note 12):Current year unrealized gain (loss)(38)(80)107 Reclassifications to net income22 13 (129)Income taxes3 12 9 Derivative instruments(13)(55)(13)TOTAL OTHER COMPREHENSIVE INCOME (LOSS)(1,126)(35)(778)COMPREHENSIVE INCOME (INCLUDING NONCONTROLLING INTERESTS)5,611 6,306 3,503 Less: noncontrolling interests(135)(130)(90)COMPREHENSIVE INCOME - LINDE PLC$5,476 $6,176 $3,413 

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

46

CONSOLIDATED BALANCE SHEETS

LINDE PLC AND SUBSIDIARIES

(Dollar amounts in millions) 

December 31,20242023AssetsCash and cash equivalents$4,850 $4,664 Accounts receivable - net4,622 4,718 Contract assets263 196 Inventories1,946 2,115 Prepaid and other current assets1,264 927 Total Current Assets12,945 12,620 Property, plant and equipment - net24,775 24,