Linde plc (LIN)

Linde Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	7,093	6,565	6,199	4,147	3,826	2,501
Depreciation & Amortization	3,726	3,780	3,816	4,204	4,635	4,626
Asset Writedown & Restructuring Costs	-92	31	-118	902	-	-
Stock-Based Compensation	160	160	141	107	128	133
Other Operating Activities	-214	-214	-41	-432	-175	41
Change in Accounts Receivable	-416	-569	-254	-113	754	109
Change in Inventory	-13	56	-127	-347	-129	18
Change in Accounts Payable	36	-277	-168	307	447	109
Change in Other Net Operating Assets	-272	-281	-285	-45	109	-229
Operating Cash Flow	10,129	9,423	9,305	8,864	9,725	7,429
Operating Cash Flow Growth	8.44%	1.27%	4.98%	-8.85%	30.91%	20.05%
Capital Expenditures	-5,053	-4,497	-3,787	-3,173	-3,086	-3,400
Cash Acquisitions	-535	-317	-953	-110	-88	-68
Divestitures	47	170	70	195	167	482
Other Investing Activities	-95	-	-	-	-	-
Investing Cash Flow	-5,636	-4,644	-4,670	-3,088	-3,007	-2,986
Short-Term Debt Issued	-	-	554	3,050	-	1,198
Long-Term Debt Issued	-	4,844	2,188	3,210	2,283	2,796
Total Debt Issued	4,133	4,844	2,742	6,260	2,283	3,994
Short-Term Debt Repaid	-	-372	-	-	-1,329	-
Long-Term Debt Repaid	-	-1,305	-1,682	-1,785	-1,468	-2,681
Total Debt Repaid	-1,677	-1,677	-1,682	-1,785	-2,797	-2,681
Net Debt Issued (Repaid)	2,456	3,167	1,060	4,475	-514	1,313
Issuance of Common Stock	23	31	33	36	50	47
Repurchase of Common Stock	-4,545	-4,482	-3,958	-5,168	-4,612	-2,457
Common Dividends Paid	-2,772	-2,655	-2,482	-2,344	-2,189	-2,028
Other Financing Activities	-308	-420	-53	-88	-323	-220
Financing Cash Flow	-5,146	-4,359	-5,400	-3,089	-7,588	-3,345
Foreign Exchange Rate Adjustments	-25	-234	-7	-74	-61	-44
Net Cash Flow	-678	186	-772	2,613	-931	1,054
Free Cash Flow	5,076	4,926	5,518	5,691	6,639	4,029
Free Cash Flow Growth	2.69%	-10.73%	-3.04%	-14.28%	64.78%	60.77%
Free Cash Flow Margin	15.15%	14.92%	16.80%	17.06%	21.56%	14.79%
Free Cash Flow Per Share	10.69	10.22	11.21	11.29	12.72	7.58
Cash Interest Paid	443	443	451	170	233	322
Cash Income Tax Paid	2,216	2,216	1,955	1,735	1,710	1,066
Levered Free Cash Flow	3,432	3,075	3,709	4,919	5,889	5,084
Unlevered Free Cash Flow	3,729	3,380	3,967	5,053	5,995	5,233
Change in Working Capital	-705	-1,071	-834	-198	1,181	7

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q