Qnity Electronics, Inc.
For the period ended Sep 30, 2026. Filed Nov 4, 2026.
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, 2026 · Filed Nov 4, 2026
Q$123.64-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows (Unaudited)
| Nine Months Ended September 30, | |||
|---|---|---|---|
| In millions · 2026 · 2025 | |||
| Operating Activities | |||
| Net income | $494 | $620 | |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation of property, plant and equipment | 141 | 124 | |
| Amortization of definite-lived intangible assets | 152 | 156 | |
| Stock-based compensation | 37 | 12 | |
| Credit for deferred income tax and other tax related items | (68) | (61) | |
| Net gain on sales of assets | (5) | (1) | |
| Restructuring and asset related charges - net | — | 20 | |
| Net periodic pension benefit cost | 3 | 6 | |
| Periodic benefit plan contributions | (5) | (3) | |
| Earnings of nonconsolidated affiliates less dividends received | (39) | (37) | |
| Other net loss | 29 | — | |
| Changes in assets and liabilities: | |||
| Accounts and notes receivable | (230) | (97) | |
| Inventories | (107) | (33) | |
| Other assets | 14 | 13 | |
| Accounts payable | 203 | 81 | |
| Accrued and other current liabilities | 1 | (6) | |
| Other noncurrent liabilities | 36 | (1) | |
| Income tax liabilities | (9) | (11) | |
| Cash provided by operating activities | $647 | $782 | |
| Investing Activities | |||
| Capital expenditures | (290) | (214) | |
| Proceeds and adjustments to proceeds from sales of property and businesses, net of cash divested | 6 | — | |
| Other investing activities, net | 4 | — | |
| Cash used for investing activities | $(280) | $(214) | |
| Financing Activities | |||
| Repayments on long-term debt | (18) | — | |
| Proceeds from term loan facility repricing | 360 | — | |
| Repayments from term loan facility repricing | (360) | — | |
| Repurchases of common stock | (75) | — | |
| Employee taxes paid for share-based payment arrangements | (7) | — | |
| Distributions to noncontrolling interests | (10) | (21) | |
| Dividends paid to stockholders | (50) | — | |
| Net transfers to Parent | — | (2,311) | |
| Proceeds from issuance of long-term debt | — | 1,750 | |
| Payments for debt issuance costs | (2) | (34) | |
| Cash used for financing activities | $(162) | $(616) | |
| Effect of exchange rate changes on cash and cash equivalents | 4 | 10 | |
| Increase (decrease) in cash and cash equivalents | $209 | $(38) | |
| Cash and cash equivalents at beginning of period | $915 | $166 | |
| Cash and cash equivalents at end of period | $1,124 | $128 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.