Qnity Electronics, Inc.
For the period ended Mar 31, 2026. Filed May 12, 2026.
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Mar 31, 2026 · Filed May 12, 2026
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Pension Plans
NOTE 15 -PENSION PLANS
A summary of the Company's pension plans and other post-employment benefits can be found in Note 18 to the Consolidated Financial Statements included in the Company's Annual Report.
The following sets forth the components of the Company's net periodic benefit costs for defined benefit pension plans:
| Net Periodic Benefit Costs for All Significant Plans | Three Months Ended March 31, | |
|---|---|---|
| In millions | 2026 | 2025 |
| Service cost | $2 | $1 |
| Interest cost | 4 | 1 |
| Expected return on plan assets | (4) | (1) |
| Amortization of unrecognized net gain | (1) | — |
| Net periodic benefit costs - total | $1 | $1 |
The net periodic benefit costs, other than the service cost component, are included in "Other income (expense) - net" in the unaudited interim Consolidated Statements of Operations.
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