v3.26.1
Retirement Programs
 6 Months Ended
Jun. 30, 2026
Retirement Benefits [Abstract]  
Retirement Programs Retirement Programs
The components of net pension and postretirement benefits other than pensions (“OPEB”) costs for the quarters and six months ended June 30, 2026 and 2025 are shown below:
Quarter Ended June 30,Six Months Ended June 30,
(Millions of dollars)2026202520262025
Amount recognized in Operating Profit
Service cost$20 $21 $40 $41 
Amount recognized in Net pension and OPEB cost (benefit), excluding service cost
Interest cost89 89 178 175 
Expected return on plan assets(138)(140)(277)(274)
Net amortization and deferral (gain) loss(4)(8)(8)(16)
Total amount recognized in Net pension and OPEB cost (benefit), excluding service cost(53)(59)(107)(115)
 Net periodic benefit cost (benefit)$(33)$(38)$(67)$(74)
Components of net periodic benefit expense for other post-retirement plans for the quarters and six months ended June 30, 2026 and 2025 were not material.
Linde estimates that 2026 required contributions to its pension plans will be in the range of approximately $25 million to $35 million, of which $18 million have been made through June 30, 2026.