Linde plc (LIN) Financial Statements (2023 and earlier)

Company Profile

Business Address FORGE, 43 CHURCH STREET WEST
WOKING SURREY, GU216HT
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 281 - Industrial Inorganic Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,8233,7542,7004,4660
Cash and cash equivalents2,8233,7542,7004,4660
Receivables4,4994,1674,3224,297 
Inventory, net of allowances, customer advances and progress billings1,7331,7291,6971,651 
Inventory1,7331,7291,6971,651 
Contract with customer, asset134162368283✕
Disposal group, including discontinued operation  1255,498 
Other current assets9701,1121,1401,0779
Total current assets:10,15910,92410,35217,2729
Noncurrent Assets
Property, plant and equipment  29,06429,717 
Long-term investments and receivables2,6192,0612,0271,792 
Long-term investments2,6192,0612,0271,838 
Accounts and financing receivable, after allowance for credit loss   (46) 
Intangible assets, net (including goodwill)40,84044,38543,15643,097 
Goodwill27,03828,20127,01926,874 
Intangible assets, net (excluding goodwill)13,80216,18416,13716,223 
Other noncurrent assets1,9842,1482,0131,462 
Other undisclosed noncurrent assets26,00328,711 46 
Total noncurrent assets:71,44677,30576,26076,114 
TOTAL ASSETS:81,60588,22986,61293,3869
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,9323,6373,6363,8762
Accounts payable3,5033,0953,2663,219 
Accrued liabilities    2
Taxes payable429542370657 
Deferred revenue2,9401,7691,758✕✕
Debt2,8724,0023,2633,008 
Due to related parties    10
Disposal group, including discontinued operation  2768 
Contract with customer, liability✕✕✕1,546✕
Other liabilities3,8994,3323,5013,758 
Total current liabilities:13,64313,74012,16012,95611
Noncurrent Liabilities
Long-term debt and lease obligation, including:11,33512,15210,69312,288 
Long-term debt, excluding current maturities11,33512,15210,69312,288 
Finance lease, liability129125117✕✕
Operating lease, liability618669716✕✕
Other undisclosed long-term debt and lease obligation(747)(794)(833)  
Liabilities, other than long-term debt10,42712,22312,01211,046 
Accounts payable and accrued liabilities  235  
Contract with customer, liability✕✕✕7,611✕
Deferred income tax liabilities6,2396,7046,889✕✕
Other liabilities4,1885,5194,8883,435 
Other undisclosed noncurrent liabilities759532112  
Total noncurrent liabilities:22,52124,90722,81723,334 
Total liabilities:36,16438,64734,97736,29011
Temporary equity, carrying amount131311316 
Stockholders' equity
Stockholders' equity attributable to parent, including:44,03547,31749,07451,596(2)
Common stock11110
Treasury stock, value(9,808)(5,374)(3,156)(629) 
Additional paid in capital40,18040,20240,20140,1510
Accumulated other comprehensive loss(5,048)(4,690)(4,814)(4,456)(0)
Retained earnings (accumulated deficit)18,71017,17816,84216,529(2)
Receivable from shareholders or affiliates for issuance of capital stock    (0)
Other undisclosed stockholders' equity attributable to parent    0
Stockholders' equity attributable to noncontrolling interest1,3932,2522,4485,484 
Total stockholders' equity:45,42849,56951,52257,080(2)
TOTAL LIABILITIES AND EQUITY:81,60588,22986,61293,3869

Income Statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues30,79327,24328,22814,900 
Cost of revenue
(Cost of Goods and Services Sold)		(17,543)(15,383)(16,644)  
Gross profit:13,25011,86011,58414,900 
Operating expenses(7,967)(7,971)(8,152)(278) 
Other operating income (expense), net(26)(61)6818 
Other nonrecurring (income) expense(273)(506)(567)(309) 
Other undisclosed operating loss(273)(506)(567)(9,393) 
Operating income:4,9843,3222,9335,247 
Nonoperating income
(Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component)		192177324 
Interest and debt expense(77)(115)(38)(202) 
Income from continuing operations before equity method investments, income taxes:5,0993,3842,9275,049 
Income from equity method investments1198511456 
Income from continuing operations before income taxes:5,2183,4693,0415,105 
Income tax expense(1,262)(847)(769)(817) 
Income from continuing operations:3,9562,6222,2724,288 
Income from discontinued operations54109117 
Income before gain (loss) on sale of properties:3,9612,6262,3814,405 
Other undisclosed net loss  (2)  
Net income:3,9612,6262,3794,405 
Net loss attributable to noncontrolling interest  (2)(3) 
Other undisclosed net loss attributable to parent(135)(125)(92)(21) 
Net income available to common stockholders, diluted:3,8262,5012,2854,381 

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:3,9612,6262,3794,405 
Other comprehensive income (loss)(358)157(435)(206) 
Other undisclosed comprehensive income (loss)  2(93) 
Comprehensive income:3,6032,7831,9464,106 
Comprehensive loss, net of tax, attributable to noncontrolling interest(135)(158)(19)(83) 
Comprehensive income, net of tax, attributable to parent:3,4682,6251,9274,023 

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: