v3.26.1
Equity (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Changes in Total Equity
A summary of the changes in total equity for the quarters and six months ended June 30, 2026 and 2025 is provided below:
Quarter Ended June 30,
20262025
(Millions of dollars)Linde plc
Shareholders’
Equity		Noncontrolling
Interests		Total
Equity		Linde plc
Shareholders’
Equity		Noncontrolling
Interests		Total
Equity
Balance, beginning of period$38,566 $1,513 $40,079 $38,032 $1,418 $39,450 
Net income (a)1,928 44 1,972 1,766 40 1,806 
Other comprehensive income (loss)221 7 228 518 23 541 
Noncontrolling interests:
Additions (reductions) (b)(25)(11)(36)(4)18 14 
Dividends and other capital changes— (17)(17)— (41)(41)
Dividends to Linde plc ordinary shareholders ($1.60 per share in 2026 and $1.50 per share in 2025)
(738)— (738)(704)— (704)
Issuances of ordinary shares:
For employee savings and incentive plans(17)— (17)(25)— (25)
Purchases of ordinary shares(873)— (873)(1,114)— (1,114)
Share-based compensation19 — 19 46 — 46 
Balance, end of period$39,081 $1,536 $40,617 $38,515 $1,458 $39,973 
Six Months Ended June 30,
20262025
(Millions of dollars)Linde plc
Shareholders’
Equity		Noncontrolling
Interests		Total
Equity		Linde plc
Shareholders’
Equity		Noncontrolling
Interests		Total
Equity
Balance, beginning of period$38,245 $1,483 $39,728 $38,092 $1,383 $39,475 
Net income (a)3,785 87 3,872 3,439 74 3,513 
Other comprehensive income (loss)307 — 307 644 28 672 
Noncontrolling interests:
Additions (reductions) (b)(25)(11)(36)(4)18 14 
Dividends and other capital changes— (23)(23)— (45)(45)
Dividends to Linde plc ordinary shareholders ($3.20 per share in 2026 and $3.00 per share in 2025)
(1,479)— (1,479)(1,412)— (1,412)
Issuances of ordinary shares:
For employee savings and incentive plans(148)— (148)(119)— (119)
Purchases of ordinary shares(1,664)— (1,664)(2,213)— (2,213)
Share-based compensation60 — 60 88 — 88 
Balance, end of period$39,081 $1,536 $40,617 $38,515 $1,458 $39,973 
(a)Net income for noncontrolling interests excludes net income related to redeemable noncontrolling interests which is not significant for the quarters and six months ended June 30, 2026 and 2025 and which is not part of total equity.
(b)Additions (reductions) for noncontrolling interests for the quarter and six months ended June 30, 2026 include the impact from purchasing additional ownership interests in joint ventures with operations in APAC and the Americas.
Schedule of Components of Accumulated Other Comprehensive Income (Loss)
The components of Accumulated other comprehensive income (loss) are as follows:
(Millions of dollars)June 30,
2026		December 31, 2025
Cumulative translation adjustment - net of taxes:
Americas$(3,738)$(3,892)
EMEA(936)(958)
APAC(1,218)(1,170)
Engineering111 283 
Other(271)(616)
(6,052)(6,353)
Derivatives - net of taxes16 16 
Pension / OPEB (net of tax obligations of $105 million and $102 million at June 30, 2026 and December 31, 2025, respectively)
110 104 
Total cumulative translation adjustment - net of taxes$(5,926)$(6,233)