Qnity Electronics, Inc.
For the period ended Sep 30, 2025. Filed Nov 18, 2025.
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.
Sep 30, 2025 · Filed Nov 18, 2025
Q$125.09+6.9%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
Condensed Combined Balance Sheets
Condensed Combined Balance Sheets (Unaudited)
| In millions | September 30, 2025 | December 31, 2024 |
|---|---|---|
| Assets | ||
| Current Assets | ||
| Cash and cash equivalents | $128 | $166 |
| Accounts and notes receivable - net | 802 | 682 |
| Inventories | 647 | 597 |
| Prepaid and other current assets | 44 | 38 |
| Total current assets | $1,621 | $1,483 |
| Property, plant and equipment - net of accumulated depreciation (September 30, 2025 - $1,388; December 31, 2024 - $1,121) | 1,622 | 1,548 |
| Other Assets | ||
| Goodwill | 7,497 | 7,379 |
| Other intangible assets | 1,160 | 1,286 |
| Investments and noncurrent receivables | 433 | 394 |
| Deferred income tax assets | 44 | 42 |
| Deferred charges and other assets | 135 | 141 |
| Total other assets | $9,269 | $9,242 |
| Total Assets | $12,512 | $12,273 |
| Liabilities and Equity | ||
| Current Liabilities | ||
| Accounts payable | 590 | $528 |
| Income taxes payable | 154 | 161 |
| Accrued and other current liabilities | 166 | 150 |
| Total current liabilities | $910 | $839 |
| Long-Term Debt | 1,722 | — |
| Other Noncurrent Liabilities | ||
| Deferred income tax liabilities | 189 | 259 |
| Pensions - noncurrent | 71 | 65 |
| Other noncurrent obligations | 233 | 214 |
| Total other noncurrent liabilities | $493 | $538 |
| Total Liabilities | $3,125 | $1,377 |
| Commitments and contingent liabilities | ||
| Equity | ||
| Parent company net investment | 9,347 | 11,058 |
| Accumulated other comprehensive loss | (224) | (414) |
| Total Qnity equity | $9,123 | $10,644 |
| Noncontrolling interests | 264 | 252 |
| Total equity | $9,387 | $10,896 |
| Total Liabilities and Equity | $12,512 | $12,273 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.