Company: LIN
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-007990
Chunk: 64

Company: LINDE PLC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 64
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633 33 96 2,825 Operating Profit (e)4,244 2,486 1,806 491 43 9,070 Expenditures for long-lived assets$2,999 $635 $975 $24 $107 $4,740 2022Sales (a)$13,874 $8,443 $6,480 $2,762 $1,805 $33,364 Variable Costs (b)6,002 4,034 3,423 1,263 892 15,614 Fixed Costs and other (c)2,820 1,735 794 911 863 7,123 Depreciation and amortization (d)1,320 661 593 33 116 2,723 Operating Profit (e)3,732 2,013 1,670 555 (66)7,904 Expenditures for long-lived assets$1,698 $550 $889 $28 $118 $3,283 (a)Sales reflect external sales only. Intersegment sales from Engineering to the industrial gases segments, were $1,958 million, $1,479 million and $1,035 million for the year ended December 31, 2024, 2023 and 2022, respectively. Intersegment sales from Helium, were $477 million, $509 million, $442 million for the year ended December 31, 2024, 2023 and 2022, respectively.(b)Variable costs represents the variable portion of cost of sales, exclusive of depreciation and amortization.(c)Fixed costs and other represents the fixed portion of cost of sales, exclusive of depreciation and amortization, selling, general and administrative, research and development and other income (expenses) - net.(d)Refer to reconciliation of depreciation and amortization to consolidated results below.(e)Refer to reconciliation of operating profit to consolidated results below.Reconciliations to Consolidated ResultsDepreciation and AmortizationThe table below reconciles total depreciation and amortization disclosed in the table above to consolidated depreciation and amortization as reflected on our consolidated statements of income:(Millions of dollars)202420232022Total segment depreciation and amortization$2,857 $2,825 $2,723 Purchase accounting impacts - Linde AG923 991 1,481 Total