Solstice Advanced Materials, Inc. (SOLS)

SOLS Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	873	661	606	-
Cash & Short-Term Investments	873	661	606	-
Cash Growth	-	9.08%	-	-
Receivables	659	569	620	-
Inventory	648	558	552	-
Other Current Assets	67	73	92	-
Total Current Assets	2,247	1,861	1,870	-
Property, Plant & Equipment	1,798	1,836	1,746	-
Long-Term Investments	-	146	130	-
Goodwill	820	806	814	-
Other Intangible Assets	37	41	47	-
Long-Term Deferred Tax Assets	2	3	2	-
Other Long-Term Assets	290	47	48	-
Total Assets	5,457	5,004	4,657	-
Accounts Payable	876	778	772	-
Accrued Expenses	323	128	139	-
Current Portion of Long-Term Debt	-	-	20	-
Current Portion of Leases	33	46	64	-
Current Income Taxes Payable	-	44	31	-
Current Unearned Revenue	-	6	46	-
Other Current Liabilities	-	81	53	-
Total Current Liabilities	1,232	1,083	1,125	-
Long-Term Debt	297	293	32	-
Long-Term Leases	107	101	138	-
Long-Term Unearned Revenue	-	33	13	-
Pension & Post-Retirement Benefits	-	57	58	-
Long-Term Deferred Tax Liabilities	173	179	184	-
Other Long-Term Liabilities	175	76	79	-
Total Liabilities	1,984	1,822	1,629	-
Common Stock	3,706	3,471	3,269	-
Comprehensive Income & Other	-164	-213	-158	-
Total Common Equity	3,542	3,258	3,111	-
Minority Interest	-69	-76	-83	-
Shareholders' Equity	3,473	3,182	3,028	-
Total Liabilities & Equity	5,457	5,004	4,657	-
Total Debt	437	440	254	-
Net Cash (Debt)	436	221	352	-
Net Cash Growth	-	-37.22%	-	-
Working Capital	1,015	778	745	-
Tangible Book Value	2,685	2,411	2,250	-
Land	-	24	26	-
Buildings	-	623	612	-
Machinery	-	3,218	3,040	-
Construction In Progress	-	285	254	-
Order Backlog	-	2,000	-	-

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