v3.25.2
Retirement Programs
 6 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
Retirement Programs Retirement Programs
The components of net pension and postretirement benefits other than pensions (“OPEB”) costs for the quarter and six months ended June 30, 2025 and 2024 are shown below:
 Quarter Ended June 30,Six Months Ended June 30,
(Millions of dollars)2025202420252024
Amount recognized in Operating Profit
Service cost$21 $21 $41 $42 
Amount recognized in Net pension and OPEB cost (benefit), excluding service cost
Interest cost89 91 175 182 
Expected return on plan assets(140)(137)(274)(275)
Net amortization and deferral (gain) loss(8)(3)(16)(6)
(59)(49)(115)(99)
 Net periodic benefit cost (benefit)$(38)$(28)$(74)$(57)
Components of net periodic benefit expense for other post-retirement plans for the quarter and six months ended June 30, 2025 and 2024 were not material.
Linde estimates that 2025 required contributions to its pension plans will be in the range of approximately $25 million to $35 million, of which $15 million have been made through June 30, 2025.