Stock Analysis on Net

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Linde plc, consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Accounts payable 3,020 2,750 2,977 2,941 2,995 3,067 3,360 3,387 3,503 3,069 3,143 2,945 3,095 2,903 2,816 2,965 3,266 3,071 3,358 3,166
Short-term debt 4,713 3,849 3,018 5,337 4,117 3,179 3,215 2,549 1,163 2,895 3,681 3,276 3,251 4,024 3,679 4,848 1,732 1,209 1,475 939
Current portion of long-term debt 1,263 922 944 1,696 1,599 1,551 1,651 1,074 1,709 2,293 1,827 2,524 751 1,820 2,723 2,006 1,531 1,425 227 1,017
Contract liabilities 1,901 1,985 3,246 3,070 3,073 2,902 2,933 3,035 2,940 2,213 1,787 1,863 1,769 1,714 1,693 1,854 1,758 1,597 1,682 1,719
Other current liabilities 4,820 4,656 4,367 4,741 4,695 4,362 4,136 4,461 4,328 4,288 4,238 4,419 4,874 4,331 4,184 3,817 3,873 3,581 3,779 4,299
Current liabilities 15,717 14,162 14,552 17,785 16,479 15,061 15,295 14,506 13,643 14,758 14,676 15,027 13,740 14,792 15,095 15,490 12,160 10,883 10,521 11,140
Long-term debt, excluding current portion 13,397 13,232 13,528 11,744 12,198 10,608 11,177 12,833 11,335 11,539 9,984 9,950 12,152 11,959 11,078 10,021 10,693 10,567 12,255 12,190
Other long-term liabilities 10,602 10,195 9,390 9,443 9,594 9,715 10,373 11,038 11,186 12,157 12,457 12,383 12,755 11,866 11,746 11,615 12,124 11,636 11,519 11,664
Long-term liabilities 23,999 23,427 22,918 21,187 21,792 20,323 21,550 23,871 22,521 23,696 22,441 22,333 24,907 23,825 22,824 21,636 22,817 22,203 23,774 23,854
Total liabilities 39,716 37,589 37,470 38,972 38,271 35,384 36,845 38,377 36,164 38,454 37,117 37,360 38,647 38,617 37,919 37,126 34,977 33,086 34,295 34,994
Redeemable noncontrolling interests 13 13 13 13 13 13 13 13 13 13 13 13 13 13 13 92 113 14 15 15
Ordinary shares, €0.001 par value 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
Additional paid-in capital 39,812 39,803 39,797 39,859 40,005 40,011 39,978 39,972 40,180 40,220 40,200 40,192 40,202 40,203 40,211 40,185 40,201 40,185 40,157 40,173
Retained earnings 8,845 7,940 7,024 6,092 20,541 19,845 19,159 19,387 18,710 18,240 17,820 17,563 17,178 16,927 16,782 16,850 16,842 16,810 16,555 16,569
Accumulated other comprehensive loss (5,805) (6,676) (5,899) (5,810) (5,782) (8,094) (6,466) (4,938) (5,048) (5,618) (4,908) (5,345) (4,690) (5,973) (6,621) (7,388) (4,814) (5,600) (4,377) (4,235)
Treasury shares, at cost (3,133) (2,169) (1,011) (171) (14,737) (14,135) (12,998) (11,459) (9,808) (8,520) (7,336) (6,201) (5,374) (4,983) (4,836) (4,872) (3,156) (2,443) (1,772) (1,333)
Total Linde plc shareholders’ equity 39,720 38,898 39,911 39,970 40,028 37,628 39,674 42,963 44,035 44,323 45,777 46,210 47,317 46,175 45,537 44,776 49,074 48,953 50,564 51,175
Noncontrolling interests 1,362 1,327 1,324 1,353 1,346 1,298 1,353 1,414 1,393 1,401 1,438 1,410 2,252 2,404 2,387 2,375 2,448 2,341 2,315 5,457
Total equity 41,082 40,225 41,235 41,323 41,374 38,926 41,027 44,377 45,428 45,724 47,215 47,620 49,569 48,579 47,924 47,151 51,522 51,294 52,879 56,632
Total liabilities and equity 80,811 77,827 78,718 80,308 79,658 74,323 77,885 82,767 81,605 84,191 84,345 84,993 88,229 87,209 85,856 84,369 86,612 84,394 87,189 91,641

Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Linde plc current liabilities decreased from Q2 2023 to Q3 2023 but then increased from Q3 2023 to Q4 2023 exceeding Q2 2023 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Linde plc long-term liabilities increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Linde plc total liabilities increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Total Linde plc shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Linde plc total Linde plc shareholders’ equity decreased from Q2 2023 to Q3 2023 but then increased from Q3 2023 to Q4 2023 not reaching Q2 2023 level.