10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
LINDE PLC | |||
Ticker: LIN Fiscal Year: 2021 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 28, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Increase (Decrease) in Cash and Cash Equivalents | |||
| Operations | |||
| Net Income Linde plc | $ 3,826 | 2,501 | 2,285 |
| Less: income from discontinued operations, net of tax and noncontrolling interests | (5) | (4) | (102) |
| Add: Noncontrolling interests from continuing operations | 135 | 125 | 89 |
| Income From Continuing Operations (Including Noncontrolling Interests) | 3,956 | 2,622 | 2,272 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Cost Reduction Programs and other charges, net of payments | 98 | 258 | (236) |
| Amortization of merger-related inventory step-up | 0 | 0 | 12 |
| Depreciation and amortization | 4,635 | 4,626 | 4,675 |
| Deferred income taxes | (254) | (369) | (303) |
| Share-based compensation | 128 | 133 | 95 |
| Net gain on sale of businesses, net of tax | 0 | 0 | (108) |
| Non-cash charges and other | (19) | 152 | (127) |
| Working capital | |||
| Accounts receivable | (553) | 19 | 80 |
| Contract assets and liabilities, net | 1,307 | 90 | 87 |
| Inventory | (129) | 18 | (81) |
| Prepaid and other current assets | 76 | 128 | (72) |
| Payables and accruals | 447 | 109 | (174) |
| Pension contributions | (42) | (91) | (94) |
| Long-term assets, liabilities and other | 75 | (266) | 93 |
| Net cash provided by operating activities | 9,725 | 7,429 | 6,119 |
| Investing | |||
| Capital expenditures | (3,086) | (3,400) | (3,682) |
| Acquisitions, net of cash acquired | (88) | (68) | (225) |
| Divestitures and asset sales, net of cash divested | 167 | 482 | 5,096 |
| Net cash provided by (used for) investing activities | (3,007) | (2,986) | 1,189 |
| Financing | |||
| Short-term debt borrowings (repayments) net | (1,329) | 1,198 | 224 |
| Long-term debt borrowings | 2,283 | 2,796 | 99 |
| Long-term debt repayments | (1,468) | (2,681) | (1,583) |
| Issuances of ordinary shares | 50 | 47 | 72 |
| Purchases of ordinary shares | (4,612) | (2,457) | (2,658) |
| Cash dividends Linde plc shareholders | (2,189) | (2,028) | (1,891) |
| Noncontrolling interest transactions and other | (323) | (220) | (3,260) |
| Net cash used for financing activities | (7,588) | (3,345) | (8,997) |
| Discontinued Operations | |||
| Cash provided by operating activities | 0 | 0 | 69 |
| Cash used for investing activities | 0 | 0 | (60) |
| Cash provided by financing activities | 0 | 0 | 5 |
| Net cash provided by discontinued operations | 0 | 0 | 14 |
| Effect of exchange rate changes on cash and cash equivalents | (61) | (44) | (77) |
| Change in cash and cash equivalents | (931) | 1,054 | (1,752) |
| Cash and cash equivalents, beginning-of-period | 3,754 | 2,700 | |
| Cash and cash equivalents, including discontinued operations | 2,823 | 3,754 | 2,714 |
| Cash and cash equivalents of discontinued operations | 0 | 0 | (14) |
| Cash and cash equivalents, end-of-period | 2,823 | 3,754 | 2,700 |
| Supplemental Data | |||
| Income taxes paid | 1,710 | 1,066 | 1,357 |
| Interest paid, net of capitalized interest (Note 7) | 233 | 322 | 275 |
| External Links | |
| LINDE PLC (LIN) Fiscal Year 2021 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |