Company: LIN
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001628280-25-021379
Chunk: 30

Company: LINDE PLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 30
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OtherTotal%Merchant$1,117 $686 $529 $— $55 $2,387 29 %On-Site782 441 668 — — 1,891 23 %Packaged Gas1,607 951 322 — 7 2,887 36 %Other54 13 72 539 257 935 12 %Total$3,560 $2,091 $1,591 $539 $319 $8,100 100 %Remaining Performance ObligationsAs described above, Linde's contracts with on-site customers are under long-term supply arrangements which generally require the customer to purchase their requirements from Linde and also have minimum purchase requirements. Additionally, plant sales from the Linde Engineering business are primarily contracted on a fixed price basis. The company estimates the consideration related to future minimum purchase requirements and plant sales was approximately $58 billion. This amount excludes all on-site sales above minimum purchase requirements, which can be significant depending on customer needs. In the future, actual amounts will be different due to impacts from several factors, many of which are beyond the company’s control including, but not limited to, timing of newly signed, terminated and renewed contracts, inflationary price escalations, currency exchange rates, and pass-through costs related to natural gas and electricity. The actual duration of long-term supply contracts ranges up to twenty years. The company estimates that approximately half of the revenue related to minimum purchase requirements will be earned in the next six years and the remaining thereafter.

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