Qnity Electronics, Inc. (Q)

Qnity Electronics Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	128	166	139	-
Cash & Short-Term Investments	128	166	139	-
Cash Growth	-7.91%	19.42%	-	-
Accounts Receivable	688	580	561	-
Other Receivables	-	102	96	-
Receivables	802	682	657	-
Inventory	647	597	534	-
Prepaid Expenses	44	38	34	-
Total Current Assets	1,621	1,483	1,364	-
Property, Plant & Equipment	1,744	1,675	1,706	-
Long-Term Investments	433	394	399	-
Goodwill	7,497	7,379	7,456	-
Other Intangible Assets	1,160	1,286	1,536	-
Long-Term Deferred Tax Assets	44	42	42	-
Long-Term Deferred Charges	6	14	-	-
Other Long-Term Assets	7	-	13	-
Total Assets	12,512	12,273	12,516	-
Accounts Payable	590	528	432	-
Accrued Expenses	137	93	30	-
Current Portion of Leases	28	30	32	-
Current Income Taxes Payable	154	161	142	-
Other Current Liabilities	-	27	41	-
Total Current Liabilities	910	839	677	-
Long-Term Leases	97	100	137	-
Long-Term Unearned Revenue	35	35	21	-
Pension & Post-Retirement Benefits	71	65	73	-
Long-Term Deferred Tax Liabilities	189	259	341	-
Other Long-Term Liabilities	101	79	83	-
Total Liabilities	3,125	1,377	1,332	-
Common Stock	9,347	11,058	11,183	-
Comprehensive Income & Other	-224	-414	-245	-
Total Common Equity	9,123	10,644	10,938	-
Minority Interest	264	252	246	-
Shareholders' Equity	9,387	10,896	11,184	-
Total Liabilities & Equity	12,512	12,273	12,516	-
Total Debt	1,847	130	169	-
Net Cash (Debt)	-1,719	36	-30	-
Working Capital	711	644	687	-
Tangible Book Value	466	1,979	1,946	-
Land	-	71	73	-
Buildings	-	596	594	-
Machinery	-	1,808	1,765	-
Construction In Progress	-	194	159	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.