Solventum Corp
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 9, 2024
SOLV$90.43+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
Form 10-Q for the Quarterly Period Ended June 30, 2024
| TABLE OF CONTENTS | PAGE |
|---|---|
| PART I. Financial Information | 3 |
| Item 1. Financial Statements | 3 |
| Condensed Consolidated and Combined Statements of Income | 3 |
| Condensed Consolidated and Combined Statements of Comprehensive Income | 4 |
| Condensed Consolidated and Combined Balance Sheets | 5 |
| Condensed Consolidated and Combined Statements of Changes in Equity | 6 |
| Condensed Consolidated and Combined Statements of Changes in Equity, Continued | 7 |
| Condensed Consolidated and Combined Statements of Cash Flows | 8 |
| Notes to the Condensed Consolidated and Combined Financial Statements | 9 |
| NOTE 1. Significant Accounting Policies | 9 |
| NOTE 2. Revenue Recognition | 10 |
| NOTE 3. Goodwill and Intangible Assets | 10 |
| NOTE 4. Other Current Liabilities | 11 |
| NOTE 5. Property, Plant, and Equipment - Net | 12 |
| NOTE 6. Comprehensive Income Information | 12 |
| NOTE 7. Income Taxes | 14 |
| NOTE 8. Long-Term Debt and Short-Term Borrowings | 14 |
| NOTE 9. Pension and Postretirement Benefit Plans | 16 |
| NOTE 10. Derivatives | 17 |
| NOTE 11. Commitments and Contingencies | 19 |
| NOTE 12. Earnings Per Share | 22 |
| NOTE 13. Stock-Based Compensation | 22 |
| NOTE 14. Related Parties | 23 |
| NOTE 15. Business Segments | 25 |
| Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations | 27 |
| Overview | 28 |
| Results of Operations | 30 |
| Performance by Business Segment | 32 |
| Financial Condition and Liquidity | 35 |
| Cautionary Note Concerning Factors That May Affect Future Results | 38 |
| Item 3. Quantitative and Qualitative Disclosures About Market Risk | 39 |
| Item 4. Controls and Procedures | 40 |
| PART II. Other Information | 41 |
| Item 1. Legal Proceedings | 41 |
| Item 1A. Risk Factors | 41 |
| Item 2. Unregistered Sales of Equity Securities and Use of Proceeds | 41 |
| Item 3. Defaults Upon Senior Securities | 41 |
| Item 4. Mine Safety Disclosures | 41 |
| Item 5. Other Information | 41 |
| Item 6. Exhibits | 42 |
For the Quarterly Period Ended June 30, 2024
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.