Linde Plcreason 04 of 4it gets paid again without selling againderived 2026-09-11accession 0001628280-26-051289
Intersegment sales from Engineering to the industrial gases segments were $639 million for the quarter ended June 30, 2026
Sale of equipment contracts are generally comprised of a single performance obligation; revenue is recognized over time as Linde has an enforceable right to payment for performance completed to date
APAC volumes increased sales by 6% both in the quarter and year-to-date periods, primarily driven by new project start-ups and equipment sales
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedfive sentences · whole, uncut
the claims it rests on
“Intersegment sales from Engineering to the industrial gases segments were $639 million for the quarter ended June 30, 2026”
“Sale of equipment contracts are generally comprised of a single performance obligation; revenue is recognized over time as Linde has an enforceable right to payment for performance completed to date”
“APAC volumes increased sales by 6% both in the quarter and year-to-date periods, primarily driven by new project start-ups and equipment sales”
what it was checked against
volume growth drivers for period
“Volumes increased sales by 2% both in the quarter and six months ended June 30, 2026, due primarily to the electronics, manufacturing, and chemicals and energy end markets.”
Engineering segment sales performance
“Engineering sales increased by 1% in the quarter and were flat in the six months ended June 30, 2026.”