LINDE PLC (LIN) FY2025 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-01-01 to 2025-03-31

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LINDE PLC cash flow reconciliation, Jan 1, 2025 through Mar 31, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net Income (including noncontrolling interests) → Net cash from operating activities: $1,707,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $910,000,000.00Share-based compensation → Operating adjustments reconciliation: $42,000,000.00Prepaid and other current assets → Operating adjustments reconciliation: $26,000,000.00Cost reduction program and other charges → Operating adjustments reconciliation: $18,000,000.00Deferred income taxes → Operating adjustments reconciliation: $9,000,000.00Inventory → Operating adjustments reconciliation: $9,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $454,000,000.00Operating adjustments reconciliation → Accounts receivable: $230,000,000.00Operating adjustments reconciliation → Payables and accruals: $209,000,000.00Operating adjustments reconciliation → Contract assets and liabilities, net: $65,000,000.00Operating adjustments reconciliation → Long-term assets, liabilities and other: $51,000,000.00Operating adjustments reconciliation → Pension contributions: $5,000,000.00Divestitures, net of cash divested and asset sales → investing reconciliation: $13,000,000.00Net cash used in investing activities → investing reconciliation: $1,369,000,000.00investing reconciliation → Capital expenditures: $1,270,000,000.00investing reconciliation → Acquisitions, net of cash acquired: $112,000,000.00Net cash used in financing activities → financing reconciliation: $388,000,000.00Long-term debt borrowings → financing reconciliation: $2,340,000,000.00Short-term debt borrowings (repayments) - net → financing reconciliation: $165,000,000.00Issuances of ordinary shares → financing reconciliation: $11,000,000.00financing reconciliation → Purchases of ordinary shares: $1,111,000,000.00financing reconciliation → Long-term debt repayments: $1,012,000,000.00financing reconciliation → Cash dividends - Linde plc shareholders: $708,000,000.00financing reconciliation → Noncontrolling interest transactions and other: $73,000,000.00Exchange-rate effect → Cash sources and uses: $40,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $4,850,000,000.00Net cash from operating activities → Cash sources and uses: $2,161,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $5,294,000,000.00Cash sources and uses → Net cash used in investing activities: $1,369,000,000.00Cash sources and uses → Net cash used in financing activities: $388,000,000.00Contract assets and liabilities, net: -$65,000,000.00Contract balances, net−$65.00 MPayables and accruals: -$209,000,000.00Payables & accrued liabilities−$209.00 MPrepaid and other current assets: $26,000,000.00Prepaid & other assets+$26.00 MPension contributions: -$5,000,000.00Pension contributions−$5.00 MDeferred income taxes: $9,000,000.00Deferred income taxes+$9.00 MShare-based compensation: $42,000,000.00Allocated share-based expense+$42.00 MInventory: $9,000,000.00Inventories+$9.00 MCost reduction program and other charges: $18,000,000.00Other non-cash items+$18.00 MAccounts receivable: -$230,000,000.00Accounts receivable−$230.00 MLong-term assets, liabilities and other: -$51,000,000.00Other working capital, net−$51.00 MNet Income (including noncontrolling interests): $1,707,000,000.00Net Income (including noncontrolling interests)+$1.71 BDepreciation and amortization: $910,000,000.00Depreciation & amortization+$910.00 MNet cash from operating activities: $2,161,000,000.00Operating cash+$2.16 BOperating adjustments reconciliation: $1,014,000,000.00Short-term debt borrowings (repayments) - net: $165,000,000.00Short-term debt, net+$165.00 MLong-term debt borrowings: $2,340,000,000.00Long-term debt issued+$2.34 BPurchases of ordinary shares: -$1,111,000,000.00Common stock repurchases−$1.11 BNoncontrolling interest transactions and other: -$73,000,000.00Other financing, net−$73.00 MLong-term debt repayments: -$1,012,000,000.00Long-term debt repaid−$1.01 BIssuances of ordinary shares: $11,000,000.00Common stock issued+$11.00 MCash dividends - Linde plc shareholders: -$708,000,000.00Common dividends paid−$708.00 MNet cash used in financing activities: -$388,000,000.00. Cash required to fund net payments.Financing cash−$388.00 Mfinancing reconciliation: $2,904,000,000.00Acquisitions, net of cash acquired: -$112,000,000.00Acquisitions, net of cash−$112.00 MCapital expenditures: -$1,270,000,000.00PP&E purchases−$1.27 BDivestitures, net of cash divested and asset sales: $13,000,000.00Business & asset sales+$13.00 MNet cash used in investing activities: -$1,369,000,000.00. Cash required to fund net payments.Investing cash−$1.37 Binvesting reconciliation: $1,382,000,000.00Cash sources and uses: $7,051,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $4,850,000,000.00Beginning cash$4.85 BEnding cash: Cash, cash equivalents, and restricted cash: $5,294,000,000.00Ending cash$5.29 BExchange-rate effect: $40,000,000.00FX effect+$40.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$891.00 MOperating cash − cash spent on PP&ECash flow / Net income1.27×Operating cash flow ÷ net incomeNet cash change+$444.00 MEnding cash − beginning cash
Chart details

LINDE PLC cash flow reconciliation, Jan 1, 2025 through Mar 31, 2025

Cash flows for Jan 1, 2025 through Mar 31, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2024. Ending cash: Mar 31, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2024
4,850,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
2,161,000,000 US dollars. Net cash provided.
Contract assets and liabilities, net
negative 65,000,000 US dollars
Payables and accruals
negative 209,000,000 US dollars
Prepaid and other current assets
26,000,000 US dollars
Pension contributions
negative 5,000,000 US dollars
Deferred income taxes
9,000,000 US dollars
Share-based compensation
42,000,000 US dollars
Inventory
9,000,000 US dollars
Cost reduction program and other charges
18,000,000 US dollars
Accounts receivable
negative 230,000,000 US dollars
Long-term assets, liabilities and other
negative 51,000,000 US dollars
Net Income (including noncontrolling interests)
1,707,000,000 US dollars
Depreciation and amortization
910,000,000 US dollars
Investing activities
negative 1,369,000,000 US dollars. Net cash used.
Acquisitions, net of cash acquired
negative 112,000,000 US dollars
Capital expenditures
negative 1,270,000,000 US dollars
Divestitures, net of cash divested and asset sales
13,000,000 US dollars
Financing activities
negative 388,000,000 US dollars. Net cash used.
Short-term debt borrowings (repayments) - net
165,000,000 US dollars
Long-term debt borrowings
2,340,000,000 US dollars
Purchases of ordinary shares
negative 1,111,000,000 US dollars
Noncontrolling interest transactions and other
negative 73,000,000 US dollars
Long-term debt repayments
negative 1,012,000,000 US dollars
Issuances of ordinary shares
11,000,000 US dollars
Cash dividends - Linde plc shareholders
negative 708,000,000 US dollars
Operating adjustment reconciliation
1,014,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
2,904,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
1,382,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
40,000,000 US dollars
Ending cash on Mar 31, 2025
5,294,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
7,051,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
444,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.27×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
2,161,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
1,270,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
891,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $454.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 2,161,000,000 US dollars minus 1,270,000,000 US dollars equals 891,000,000 US dollars.
LINDE PLC (LIN) FY2025 Q1 Statement of Cash Flows Sankey chart
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