v3.26.3
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Net sales $ 1,556 $ 1,276 $ 4,300 $ 3,564
Cost of sales 813 701 2,273 1,918
Research and development expenses 105 92 297 264
Selling, general and administrative expenses 200 159 573 453
Amortization of intangibles 50 51 152 156
Transformation, integration and other charges (Note 4) 53 1 123 20
Equity in earnings of nonconsolidated affiliates 15 15 39 37
Interest expense 64 14 186 14
Other income (expense) - net (39) (1) (71) (3)
Income before income taxes 247 272 664 773
Provision for income taxes 51 49 170 153
Net income 196 223 494 620
Net income attributable to noncontrolling interests 13 12 36 28
Net income available for Qnity common stockholders $ 183 $ 211 $ 458 $ 592
Per common share data:        
Earnings per common share - basic (in usd per share) $ 0.87 $ 1.01 $ 2.19 $ 2.83
Earnings per common share - diluted (in usd per share) $ 0.87 $ 1.01 $ 2.18 $ 2.83
Weighted-average common shares outstanding - basic (in shares) 209.4 209.4 209.6 209.4
Weighted-average common shares outstanding - diluted (in shares) 210.0 209.4 210.2 209.4