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
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,357 | 4,962 | 5,436 | 3,756 | 3,655 | 4,464 | |||
| Cash and cash equivalents | 3,357 | 4,962 | 5,436 | 3,756 | 3,655 | 4,464 | |||
| Receivables | 4,799 | 4,753 | 4,559 | 4,599 | 4,803 | 4,845 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,079 | 2,054 | 1,978 | 1,855 | 1,786 | 1,766 | |||
| Inventory | 2,079 | 2,054 | 1,978 | 1,855 | 1,786 | 1,766 | |||
| Contract with customer, asset, after allowance for credit loss | 156 | 175 | 124 | 104 | 78 | 100 | |||
| Other current assets | 1,020 | 960 | 950 | 889 | 950 | 1,082 | |||
| Total current assets: | 11,411 | 12,904 | 13,047 | 11,203 | 11,272 | 12,257 | |||
| Noncurrent Assets | |||||||||
| Long-term investments and receivables | 368 | 333 | 2,350 | 285 | 283 | 278 | |||
| Long-term investments | 2,350 | ||||||||
| Accounts and financing receivable, after allowance for credit loss | 368 | 333 | 285 | 283 | 278 | ||||
| Intangible assets, net (including goodwill) | 38,966 | 39,056 | 38,237 | 36,375 | 38,312 | 40,328 | |||
| Goodwill | 26,456 | 26,418 | 25,817 | 24,565 | 25,678 | 26,822 | |||
| Intangible assets, net (excluding goodwill) | 12,510 | 12,638 | 12,420 | 11,810 | 12,634 | 13,506 | |||
| Other noncurrent assets | 4,533 | 4,552 | 2,476 | 4,159 | 4,308 | 4,587 | |||
| Other undisclosed noncurrent assets | 23,440 | 23,463 | 23,548 | 22,301 | 23,710 | 25,317 | |||
| Total noncurrent assets: | 67,307 | 67,404 | 66,611 | 63,120 | 66,613 | 70,510 | |||
| TOTAL ASSETS: | 78,718 | 80,308 | 79,658 | 74,323 | 77,885 | 82,767 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,977 | 2,941 | 3,608 | 3,067 | 3,360 | 3,387 | |||
| Accounts payable | 2,977 | 2,941 | 2,995 | 3,067 | 3,360 | 3,387 | |||
| Accrued liabilities | 613 | ||||||||
| Deferred revenue | 3,246 | 3,070 | 3,073 | 2,902 | 2,933 | 3,035 | |||
| Debt | 3,962 | 7,033 | 5,716 | 4,730 | 4,866 | 3,623 | |||
| Other liabilities | 4,367 | 4,741 | 4,082 | 4,362 | 4,136 | 4,461 | |||
| Total current liabilities: | 14,552 | 17,785 | 16,479 | 15,061 | 15,295 | 14,506 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 13,528 | 11,744 | 12,198 | 10,608 | 11,177 | 12,833 | |||
| Long-term debt, excluding current maturities | 13,528 | 11,744 | 12,198 | ||||||
| Finance lease, liability | 114 | ||||||||
| Other undisclosed long-term debt and lease obligation | (114) | 10,608 | 11,177 | 12,833 | |||||
| Liabilities, other than long-term debt | 9,390 | 9,443 | 9,221 | 9,715 | 10,373 | 11,038 | |||
| Deferred income tax liabilities | 5,886 | ||||||||
| Other liabilities | 9,390 | 9,443 | 2,795 | 9,715 | 10,373 | 11,038 | |||
| Operating lease, liability | 540 | ||||||||
| Other undisclosed noncurrent liabilities | 373 | ||||||||
| Total noncurrent liabilities: | 22,918 | 21,187 | 21,792 | 20,323 | 21,550 | 23,871 | |||
| Total liabilities: | 37,470 | 38,972 | 38,271 | 35,384 | 36,845 | 38,377 | |||
| Temporary equity, carrying amount | 13 | 13 | 13 | 13 | 13 | 13 | |||
| Equity | |||||||||
| Equity, attributable to parent | 39,911 | 39,970 | 40,028 | 37,628 | 39,674 | 42,963 | |||
| Common stock | 1 | 1 | 1 | 1 | |||||
| Treasury stock, value | (1,011) | (171) | (14,737) | (14,135) | (12,998) | (11,459) | |||
| Additional paid in capital | 39,797 | 39,859 | 40,005 | 40,011 | 39,978 | 39,972 | |||
| Accumulated other comprehensive loss | (5,899) | (5,810) | (5,782) | (8,094) | (6,466) | (4,938) | |||
| Retained earnings | 7,024 | 6,092 | 20,541 | 19,845 | 19,159 | 19,387 | |||
| Equity, attributable to noncontrolling interest | 1,324 | 1,353 | 1,346 | 1,298 | 1,353 | 1,414 | |||
| Total equity: | 41,235 | 41,323 | 41,374 | 38,926 | 41,027 | 44,377 | |||
| TOTAL LIABILITIES AND EQUITY: | 78,718 | 80,308 | 79,658 | 74,323 | 77,885 | 82,767 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8,204 | 8,193 | 7,899 | 8,797 | 8,457 | 8,211 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (4,316) | (4,431) | (4,427) | (5,285) | (4,940) | (4,798) | ||
| Gross profit: | 3,888 | 3,762 | 3,472 | 3,512 | 3,517 | 3,413 | ||
| Operating expenses | (1,850) | (1,824) | (1,781) | (1,865) | (2,892) | (1,949) | ||
| Other operating income (expense), net | (27) | (5) | (4) | (34) | (36) | 12 | ||
| Other nonrecurring (income) expense | 4 | |||||||
| Other undisclosed operating income | 4 | |||||||
| Operating income: | 2,011 | 1,933 | 1,687 | 1,613 | 589 | 1,480 | ||
| Nonoperating income (Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component) | 45 | 45 | 58 | 53 | 62 | 64 | ||
| Interest and debt expense | (9) | |||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (52) | (37) | (31) | (18) | (5) | |||
| Income from continuing operations before equity method investments, income taxes: | 2,004 | 1,941 | 1,714 | 1,648 | 646 | 1,535 | ||
| Income from equity method investments | 46 | 41 | 35 | 43 | 50 | 44 | ||
| Income from continuing operations before income taxes: | 2,050 | 1,982 | 1,749 | 1,691 | 696 | 1,579 | ||
| Income tax expense | (438) | (430) | (388) | (391) | (286) | (369) | ||
| Income from continuing operations: | 1,612 | 1,552 | 1,361 | 1,300 | 410 | 1,210 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 1,300 | 410 | 1,210 | |
| Net income: | 1,612 | 1,552 | 1,361 | 1,300 | 410 | 1,210 | ||
| Other undisclosed net loss attributable to parent | (37) | (36) | (33) | (27) | (38) | (36) | ||
| Net income available to common stockholders, diluted: | 1,575 | 1,516 | 1,328 | 1,273 | 372 | 1,174 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 1,612 | 1,552 | 1,361 | 1,300 | 410 | 1,210 | ||
| Other comprehensive income (loss) | (112) | (30) | 2,337 | (1,668) | (1,545) | 98 | ||
| Comprehensive income (loss): | 1,500 | 1,522 | 3,698 | (368) | (1,135) | 1,308 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (14) | (34) | (60) | 15 | (21) | (24) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,486 | 1,488 | 3,638 | (353) | (1,156) | 1,284 | ||
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.