Qnity Electronics, Inc.
For the period ended Mar 31, 2026. Filed May 12, 2026.
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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.
Mar 31, 2026 · Filed May 12, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Supplementary Information
NOTE 6 -SUPPLEMENTARY INFORMATION
| Other Income (Expense) - Net | Three Months Ended March 31, | |
|---|---|---|
| In millions | 2026 | 2025 |
| Non-operating pension credits | $1 | $— |
| Interest income | 3 | 2 |
| Foreign exchange (losses) gains - net | (7) | — |
| Indirect legacy (costs) benefits - net | (3) | — |
| Miscellaneous income (expense) - net | 1 | — |
| Other (expense) income - net | $(5) | $2 |
Accrued and Other Current Liabilities
| In millions | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Accrued payroll | $105 | $162 |
| Current indemnification liabilities1 | 168 | 183 |
| Other 2 | 106 | 157 |
| Total accrued and other current liabilities | $379 | $502 |
Related to current portion of indemnification liabilities, primarily to DuPont. For additional information on these matters, refer to Note 5.
No other component of “Accrued and other current liabilities” was more than 5% of total current liabilities at March 31, 2026 and December 31, 2025.
Operating Leases
Supplemental balance sheet information related to leases was as follows:
| In millions | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Operating Leases | ||
| Operating lease right-of-use assets 1 | $502 | $493 |
| Current operating lease liabilities 2 | 44 | 43 |
| Noncurrent operating lease liabilities 3 | 466 | 455 |
| Total operating lease liabilities | $510 | $498 |
Included in "Deferred charges and other assets" in the interim Condensed Consolidated Balance Sheets.
Included in "Accrued and other current liabilities" in the interim Condensed Consolidated Balance Sheets.
Included in "Other noncurrent obligations" in the interim Condensed Consolidated Balance Sheets.
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