UL Solutions Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	327	315	322	1,328	971	-
Short-Term Investments	-	-	51	47	-	-
Cash & Short-Term Investments	327	315	373	1,375	971	-
Cash Growth	-28.45%	-15.55%	-72.87%	41.61%	-	-
Accounts Receivable	577	541	547	557	566	-
Other Receivables	26	49	40	-	-	-
Receivables	603	590	587	557	566	-
Prepaid Expenses	43	35	33	61	-	-
Other Current Assets	4	13	5	6	57	-
Total Current Assets	977	953	998	1,999	1,594	-
Property, Plant & Equipment	785	706	637	602	609	-
Long-Term Investments	42	64	62	44	409	-
Goodwill	651	623	647	621	593	-
Other Intangible Assets	194	211	200	196	209	-
Long-Term Deferred Tax Assets	120	110	128	166	118	-
Other Long-Term Assets	108	69	48	34	19	-
Total Assets	2,877	2,736	2,720	3,662	3,551	-
Accounts Payable	138	169	153	179	131	-
Accrued Expenses	223	281	311	383	315	-
Short-Term Debt	-	-	-	-	3	-
Current Portion of Leases	37	39	42	36	42	-
Current Income Taxes Payable	-	-	-	-	50	-
Current Unearned Revenue	253	162	142	135	129	-
Other Current Liabilities	57	58	46	59	-	-
Total Current Liabilities	745	709	694	792	670	-
Long-Term Debt	760	904	499	-	-	-
Long-Term Leases	153	120	119	118	116	-
Long-Term Deferred Tax Liabilities	-	-	-	-	13	-
Other Long-Term Liabilities	101	93	85	84	66	-
Total Liabilities	1,981	2,058	1,643	1,330	1,279	-
Additional Paid-In Capital	817	776	1,009	1,009	1,009	-
Retained Earnings	194	24	211	1,518	1,494	-
Comprehensive Income & Other	-139	-146	-166	-216	-251	-
Total Common Equity	872	654	1,054	2,311	2,252	-
Minority Interest	24	24	23	21	20	-
Shareholders' Equity	896	678	1,077	2,332	2,272	-
Total Liabilities & Equity	2,877	2,736	2,720	3,662	3,551	-
Total Debt	987	1,063	660	154	161	-
Net Cash (Debt)	-660	-748	-287	1,221	810	-
Net Cash Growth	-	-	-	50.74%	-	-
Net Cash Per Share	-3.30	-3.74	-1.44	33.17	-	-
Filing Date Shares Outstanding	200.12	200	200	200	-	-
Total Common Shares Outstanding	200.02	200	200	200	-	-
Working Capital	232	244	304	1,207	924	-
Book Value Per Share	4.36	3.27	5.27	11.55	-	-
Tangible Book Value	27	-180	207	1,494	1,450	-
Tangible Book Value Per Share	0.13	-0.90	1.03	7.47	-	-
Land	-	42	38	31	32	-
Buildings	-	364	347	350	355	-
Machinery	-	714	687	663	619	-
Leasehold Improvements	-	172	141	129	126	-

Source: S&P Capital IQ. Standard template. Financial Sources.