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10-Q Filing

UL Solutions Inc. CIK: 1901440 Q1 2024
Filing Information
Form Type 10-Q
Accession Number 0001628280-24-024348
Period End Date 20240331
Filing Date 20240520
Fiscal Year 2024
Fiscal Period Q1
XBRL Instance uls-20240331_htm.xml
Balance Sheet 168 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for credit loss AllowanceForDoubtfulAccountsReceivableCurrent $9.00M USD Point-in-time
Accounts receivable, allowance for credit loss AllowanceForDoubtfulAccountsReceivableCurrent $9.00M USD Point-in-time
Accounts receivable, allowance for credit loss AllowanceForDoubtfulAccountsReceivableCurrent $11.00M USD Point-in-time
Accounts receivable, allowance for credit loss AllowanceForDoubtfulAccountsReceivableCurrent $11.00M USD Point-in-time
Contract assets, allowance for credit loss ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent $1.00M USD Point-in-time
Contract assets, allowance for credit loss ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent $1.00M USD Point-in-time
Contract assets, allowance for credit loss ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent $1.00M USD Point-in-time
Contract assets, allowance for credit loss ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent $1.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $344.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $344.00M USD Point-in-time
Property, plant, and equipment, accumulated depreciation PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $737.00M USD Point-in-time
Property, plant, and equipment, accumulated depreciation PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $737.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $315.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $315.00M USD Point-in-time
Property, plant, and equipment, accumulated depreciation PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $750.00M USD Point-in-time
Property, plant, and equipment, accumulated depreciation PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $750.00M USD Point-in-time
Accounts receivable, net of allowance of $11 and $9 AccountsReceivableNetCurrent $429.00M USD Point-in-time
Accounts receivable, net of allowance of $11 and $9 AccountsReceivableNetCurrent $429.00M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $232.00M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $232.00M USD Point-in-time
Accounts receivable, net of allowance of $11 and $9 AccountsReceivableNetCurrent $362.00M USD Point-in-time
Accounts receivable, net of allowance of $11 and $9 AccountsReceivableNetCurrent $362.00M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $232.00M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $232.00M USD Point-in-time
Capitalized software, accumulated amortization CapitalizedComputerSoftwareAccumulatedAmortization $382.00M USD Point-in-time
Capitalized software, accumulated amortization CapitalizedComputerSoftwareAccumulatedAmortization $382.00M USD Point-in-time
Contract assets, net of allowance of $1 and $1 ContractWithCustomerAssetNetCurrent $193.00M USD Point-in-time
Contract assets, net of allowance of $1 and $1 ContractWithCustomerAssetNetCurrent $193.00M USD Point-in-time
Capitalized software, accumulated amortization CapitalizedComputerSoftwareAccumulatedAmortization $395.00M USD Point-in-time
Capitalized software, accumulated amortization CapitalizedComputerSoftwareAccumulatedAmortization $395.00M USD Point-in-time
Contract assets, net of allowance of $1 and $1 ContractWithCustomerAssetNetCurrent $179.00M USD Point-in-time
Contract assets, net of allowance of $1 and $1 ContractWithCustomerAssetNetCurrent $179.00M USD Point-in-time
Other current assets OtherAssetsCurrent $85.00M USD Point-in-time
Other current assets OtherAssetsCurrent $85.00M USD Point-in-time
Other current assets OtherAssetsCurrent $97.00M USD Point-in-time
Other current assets OtherAssetsCurrent $97.00M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Total current assets AssetsCurrent $953.00M USD Point-in-time
Total current assets AssetsCurrent $953.00M USD Point-in-time
Total current assets AssetsCurrent $1.05B USD Point-in-time
Total current assets AssetsCurrent $1.05B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 200.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 200.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 200.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 200.00M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 200.00M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 200.00M shares Point-in-time
Property, plant and equipment, net of accumulated depreciation of $750 and $737 PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $555.00M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $750 and $737 PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $555.00M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 200.00M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 200.00M shares Point-in-time
Property, plant and equipment, net of accumulated depreciation of $750 and $737 PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $555.00M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $750 and $737 PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $555.00M USD Point-in-time
Goodwill Goodwill $618.00M USD Point-in-time
Goodwill Goodwill $618.00M USD Point-in-time
Goodwill Goodwill $623.00M USD Point-in-time
Goodwill Goodwill $623.00M USD Point-in-time
Intangible assets, net of accumulated amortization of $232 and $232 FiniteLivedIntangibleAssetsNet $66.00M USD Point-in-time
Intangible assets, net of accumulated amortization of $232 and $232 FiniteLivedIntangibleAssetsNet $66.00M USD Point-in-time
Intangible assets, net of accumulated amortization of $232 and $232 FiniteLivedIntangibleAssetsNet $72.00M USD Point-in-time
Intangible assets, net of accumulated amortization of $232 and $232 FiniteLivedIntangibleAssetsNet $72.00M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $147.00M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $147.00M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $151.00M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $151.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $112.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $112.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $110.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $110.00M USD Point-in-time
Capitalized software, net of accumulated amortization of $395 and $382 CapitalizedComputerSoftwareNet $139.00M USD Point-in-time
Capitalized software, net of accumulated amortization of $395 and $382 CapitalizedComputerSoftwareNet $139.00M USD Point-in-time
Capitalized software, net of accumulated amortization of $395 and $382 CapitalizedComputerSoftwareNet $136.00M USD Point-in-time
Capitalized software, net of accumulated amortization of $395 and $382 CapitalizedComputerSoftwareNet $136.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $134.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $134.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $133.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $133.00M USD Point-in-time
Total Assets Assets $2.82B USD Point-in-time
Total Assets Assets $2.82B USD Point-in-time
Total Assets Assets $2.74B USD Point-in-time
Total Assets Assets $2.74B USD Point-in-time
Accounts payable AccountsPayableCurrent $169.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $169.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $156.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $156.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $170.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $170.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $281.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $281.00M USD Point-in-time
Operating lease liabilities - current OperatingLeaseLiabilityCurrent $39.00M USD Point-in-time
Operating lease liabilities - current OperatingLeaseLiabilityCurrent $39.00M USD Point-in-time
Operating lease liabilities - current OperatingLeaseLiabilityCurrent $37.00M USD Point-in-time
Operating lease liabilities - current OperatingLeaseLiabilityCurrent $37.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $162.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $162.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $385.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $385.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $58.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $58.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $81.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $81.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $829.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $829.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $709.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $709.00M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $904.00M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $904.00M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $867.00M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $867.00M USD Point-in-time
Pension and postretirement benefit plans PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $232.00M USD Point-in-time
Pension and postretirement benefit plans PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $232.00M USD Point-in-time
Pension and postretirement benefit plans PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $227.00M USD Point-in-time
Pension and postretirement benefit plans PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $227.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $120.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $120.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $116.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $116.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $97.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $97.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $93.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $93.00M USD Point-in-time
Total Liabilities Liabilities $2.06B USD Point-in-time
Total Liabilities Liabilities $2.06B USD Point-in-time
Total Liabilities Liabilities $2.14B USD Point-in-time
Total Liabilities Liabilities $2.14B USD Point-in-time
Commitments and contingencies (Note 15) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 15) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 15) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 15) CommitmentsAndContingencies - USD Point-in-time
Common stock, $0.001 per share, 200 million shares issued and outstanding at March 31, 2024 and December 31, 2023 CommonStockValue - USD Point-in-time
Common stock, $0.001 per share, 200 million shares issued and outstanding at March 31, 2024 and December 31, 2023 CommonStockValue - USD Point-in-time
Common stock, $0.001 per share, 200 million shares issued and outstanding at March 31, 2024 and December 31, 2023 CommonStockValue - USD Point-in-time
Common stock, $0.001 per share, 200 million shares issued and outstanding at March 31, 2024 and December 31, 2023 CommonStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $776.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $776.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $776.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $776.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $55.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $55.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $24.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $24.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-160.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-160.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-146.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-146.00M USD Point-in-time
Total stockholders equity before non-controlling interests StockholdersEquity $654.00M USD Point-in-time
Total stockholders equity before non-controlling interests StockholdersEquity $654.00M USD Point-in-time
Total stockholders equity before non-controlling interests StockholdersEquity $671.00M USD Point-in-time
Total stockholders equity before non-controlling interests StockholdersEquity $671.00M USD Point-in-time
Non-controlling interests MinorityInterest $24.00M USD Point-in-time
Non-controlling interests MinorityInterest $24.00M USD Point-in-time
Non-controlling interests MinorityInterest $12.00M USD Point-in-time
Non-controlling interests MinorityInterest $12.00M USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.08B USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.08B USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $683.00M USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $683.00M USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.12B USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.12B USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $678.00M USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $678.00M USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $2.82B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $2.82B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $2.74B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $2.74B USD Point-in-time
Income Statement 60 line items
Line Item Tag Value Unit Period
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $629.00M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $629.00M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $670.00M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $670.00M USD 1 Quarter
Cost of revenue CostOfRevenue $335.00M USD 1 Quarter
Cost of revenue CostOfRevenue $335.00M USD 1 Quarter
Cost of revenue CostOfRevenue $351.00M USD 1 Quarter
Cost of revenue CostOfRevenue $351.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $228.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $228.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $219.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $219.00M USD 1 Quarter
Operating income OperatingIncomeLoss $75.00M USD 1 Quarter
Operating income OperatingIncomeLoss $75.00M USD 1 Quarter
Operating income OperatingIncomeLoss $91.00M USD 1 Quarter
Operating income OperatingIncomeLoss $91.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $8.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $8.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $15.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $15.00M USD 1 Quarter
Other (expense) income, net NonoperatingIncomeExpense $-3.00M USD 1 Quarter
Other (expense) income, net NonoperatingIncomeExpense $-3.00M USD 1 Quarter
Other (expense) income, net NonoperatingIncomeExpense $5.00M USD 1 Quarter
Other (expense) income, net NonoperatingIncomeExpense $5.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $73.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $73.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $72.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $72.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $13.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $13.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $14.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $14.00M USD 1 Quarter
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $58.00M USD 1 Quarter
Net income ProfitLoss $58.00M USD 1 Quarter
Less: net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Less: net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Less: net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD 1 Quarter
Less: net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD 1 Quarter
Net income attributable to stockholder of UL Solutions NetIncomeLoss $55.00M USD 1 Quarter
Net income attributable to stockholder of UL Solutions NetIncomeLoss $55.00M USD 1 Quarter
Net income attributable to stockholder of UL Solutions NetIncomeLoss $56.00M USD 1 Quarter
Net income attributable to stockholder of UL Solutions NetIncomeLoss $56.00M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.28 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.28 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.28 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.28 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.28 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.28 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.28 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.28 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 200.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 200.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 200.00M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 200.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 200.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 200.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 200.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 200.00M shares 1 Quarter
Cash Flow Statement 128 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $58.00M USD 1 Quarter
Net income ProfitLoss $58.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $36.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $36.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $41.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $41.00M USD 1 Quarter
Foreign exchange (losses) gains ForeignCurrencyTransactionGainLossBeforeTax $-3.00M USD 1 Quarter
Foreign exchange (losses) gains ForeignCurrencyTransactionGainLossBeforeTax $-3.00M USD 1 Quarter
Foreign exchange (losses) gains ForeignCurrencyTransactionGainLossBeforeTax - USD 1 Quarter
Foreign exchange (losses) gains ForeignCurrencyTransactionGainLossBeforeTax - USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-3.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-3.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $11.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $11.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $3.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $3.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-6.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-6.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $78.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $78.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $34.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $34.00M USD 1 Quarter
Contract and other assets IncreaseDecreaseInContractWithCustomerAssetAndOtherAssets $29.00M USD 1 Quarter
Contract and other assets IncreaseDecreaseInContractWithCustomerAssetAndOtherAssets $29.00M USD 1 Quarter
Contract and other assets IncreaseDecreaseInContractWithCustomerAssetAndOtherAssets $8.00M USD 1 Quarter
Contract and other assets IncreaseDecreaseInContractWithCustomerAssetAndOtherAssets $8.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-13.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-13.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-18.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-18.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-98.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-98.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-61.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-61.00M USD 1 Quarter
Pension and postretirement benefit plans IncreaseDecreaseInPensionAndPostretirementObligations $4.00M USD 1 Quarter
Pension and postretirement benefit plans IncreaseDecreaseInPensionAndPostretirementObligations $4.00M USD 1 Quarter
Pension and postretirement benefit plans IncreaseDecreaseInPensionAndPostretirementObligations $-1.00M USD 1 Quarter
Pension and postretirement benefit plans IncreaseDecreaseInPensionAndPostretirementObligations $-1.00M USD 1 Quarter
Contract and other liabilities IncreaseDecreaseInContractWithCustomerLiabilityAndOtherLiabilities $197.00M USD 1 Quarter
Contract and other liabilities IncreaseDecreaseInContractWithCustomerLiabilityAndOtherLiabilities $197.00M USD 1 Quarter
Contract and other liabilities IncreaseDecreaseInContractWithCustomerLiabilityAndOtherLiabilities $232.00M USD 1 Quarter
Contract and other liabilities IncreaseDecreaseInContractWithCustomerLiabilityAndOtherLiabilities $232.00M USD 1 Quarter
Net cash flows provided by operating activities NetCashProvidedByUsedInOperatingActivities $141.00M USD 1 Quarter
Net cash flows provided by operating activities NetCashProvidedByUsedInOperatingActivities $141.00M USD 1 Quarter
Net cash flows provided by operating activities NetCashProvidedByUsedInOperatingActivities $161.00M USD 1 Quarter
Net cash flows provided by operating activities NetCashProvidedByUsedInOperatingActivities $161.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $57.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $57.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $63.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $63.00M USD 1 Quarter
Sales of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments - USD 1 Quarter
Sales of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments - USD 1 Quarter
Sales of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $51.00M USD 1 Quarter
Sales of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $51.00M USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments $66.00M USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments $66.00M USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments - USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments - USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities - USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities - USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-3.00M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-3.00M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-75.00M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-75.00M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-57.00M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-57.00M USD 1 Quarter
Proceeds from long-term debt ProceedsFromIssuanceOfLongTermDebt $30.00M USD 1 Quarter
Proceeds from long-term debt ProceedsFromIssuanceOfLongTermDebt $30.00M USD 1 Quarter
Proceeds from long-term debt ProceedsFromIssuanceOfLongTermDebt $20.00M USD 1 Quarter
Proceeds from long-term debt ProceedsFromIssuanceOfLongTermDebt $20.00M USD 1 Quarter
Repayment of long-term debt RepaymentsOfLongTermDebt $45.00M USD 1 Quarter
Repayment of long-term debt RepaymentsOfLongTermDebt $45.00M USD 1 Quarter
Repayment of long-term debt RepaymentsOfLongTermDebt - USD 1 Quarter
Repayment of long-term debt RepaymentsOfLongTermDebt - USD 1 Quarter
Dividend to stockholder of UL Solutions PaymentsOfDividendsCommonStock $25.00M USD 1 Quarter
Dividend to stockholder of UL Solutions PaymentsOfDividendsCommonStock $25.00M USD 1 Quarter
Dividend to stockholder of UL Solutions PaymentsOfDividendsCommonStock $20.00M USD 1 Quarter
Dividend to stockholder of UL Solutions PaymentsOfDividendsCommonStock $20.00M USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities - USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities - USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $1.00M USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $1.00M USD 1 Quarter
Net cash flows (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-49.00M USD 1 Quarter
Net cash flows (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-49.00M USD 1 Quarter
Net cash flows (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $10.00M USD 1 Quarter
Net cash flows (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $10.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-6.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-6.00M USD 1 Quarter
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $96.00M USD 1 Quarter
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $96.00M USD 1 Quarter
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $29.00M USD 1 Quarter
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $29.00M USD 1 Quarter
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $418.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $418.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $344.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $344.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $315.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $315.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $322.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $322.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $418.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $418.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $344.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $344.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $315.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $315.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $322.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $322.00M USD Point-in-time
Cash paid during the period for interest InterestPaidNet $10.00M USD 1 Quarter
Cash paid during the period for interest InterestPaidNet $10.00M USD 1 Quarter
Cash paid during the period for interest InterestPaidNet $8.00M USD 1 Quarter
Cash paid during the period for interest InterestPaidNet $8.00M USD 1 Quarter
Cash paid during the period for income taxes IncomeTaxesPaidNet $10.00M USD 1 Quarter
Cash paid during the period for income taxes IncomeTaxesPaidNet $10.00M USD 1 Quarter
Cash paid during the period for income taxes IncomeTaxesPaidNet $9.00M USD 1 Quarter
Cash paid during the period for income taxes IncomeTaxesPaidNet $9.00M USD 1 Quarter
Cash paid during the period for stock-based compensation ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid $7.00M USD 1 Quarter
Cash paid during the period for stock-based compensation ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid $7.00M USD 1 Quarter
Cash paid during the period for stock-based compensation ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid - USD 1 Quarter
Cash paid during the period for stock-based compensation ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid - USD 1 Quarter
Capital expenditures funded by liabilities CapitalExpendituresIncurredButNotYetPaid $33.00M USD 1 Quarter
Capital expenditures funded by liabilities CapitalExpendituresIncurredButNotYetPaid $33.00M USD 1 Quarter
Capital expenditures funded by liabilities CapitalExpendituresIncurredButNotYetPaid $21.00M USD 1 Quarter
Capital expenditures funded by liabilities CapitalExpendituresIncurredButNotYetPaid $21.00M USD 1 Quarter
Stockholders Equity 34 line items
Line Item Tag Value Unit Period
Dividend to stockholder of UL Solutions (in dollars per share) CommonStockDividendsPerShareCashPaid $0.10 USD 1 Quarter
Dividend to stockholder of UL Solutions (in dollars per share) CommonStockDividendsPerShareCashPaid $0.10 USD 1 Quarter
Dividend to stockholder of UL Solutions (in dollars per share) CommonStockDividendsPerShareCashPaid $0.13 USD 1 Quarter
Dividend to stockholder of UL Solutions (in dollars per share) CommonStockDividendsPerShareCashPaid $0.13 USD 1 Quarter
Balances, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.08B USD Point-in-time
Balances, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.08B USD Point-in-time
Balances, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $683.00M USD Point-in-time
Balances, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $683.00M USD Point-in-time
Balances, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.12B USD Point-in-time
Balances, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.12B USD Point-in-time
Balances, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $678.00M USD Point-in-time
Balances, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $678.00M USD Point-in-time
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $58.00M USD 1 Quarter
Net income ProfitLoss $58.00M USD 1 Quarter
Dividend to stockholder of UL Solutions DividendsCommonStockCash $20.00M USD 1 Quarter
Dividend to stockholder of UL Solutions DividendsCommonStockCash $20.00M USD 1 Quarter
Dividend to stockholder of UL Solutions DividendsCommonStockCash $25.00M USD 1 Quarter
Dividend to stockholder of UL Solutions DividendsCommonStockCash $25.00M USD 1 Quarter
Dividend to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $15.00M USD 1 Quarter
Dividend to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $15.00M USD 1 Quarter
Other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossNetOfTax $-15.00M USD 1 Quarter
Other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossNetOfTax $-15.00M USD 1 Quarter
Other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossNetOfTax $7.00M USD 1 Quarter
Other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossNetOfTax $7.00M USD 1 Quarter
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.08B USD Point-in-time
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.08B USD Point-in-time
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $683.00M USD Point-in-time
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $683.00M USD Point-in-time
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.12B USD Point-in-time
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.12B USD Point-in-time
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $678.00M USD Point-in-time
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $678.00M USD Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $58.00M USD 1 Quarter
Net income ProfitLoss $58.00M USD 1 Quarter
Pension and postretirement benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.00M USD 1 Quarter
Pension and postretirement benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.00M USD 1 Quarter
Pension and postretirement benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.00M USD 1 Quarter
Pension and postretirement benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.00M USD 1 Quarter
Foreign currency translation (loss) gain OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $6.00M USD 1 Quarter
Foreign currency translation (loss) gain OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $6.00M USD 1 Quarter
Foreign currency translation (loss) gain OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-16.00M USD 1 Quarter
Foreign currency translation (loss) gain OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-16.00M USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-15.00M USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-15.00M USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $7.00M USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $7.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $45.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $45.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $65.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $65.00M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.00M USD 1 Quarter
Comprehensive income attributable to stockholder of UL Solutions ComprehensiveIncomeNetOfTax $63.00M USD 1 Quarter
Comprehensive income attributable to stockholder of UL Solutions ComprehensiveIncomeNetOfTax $63.00M USD 1 Quarter
Comprehensive income attributable to stockholder of UL Solutions ComprehensiveIncomeNetOfTax $42.00M USD 1 Quarter
Comprehensive income attributable to stockholder of UL Solutions ComprehensiveIncomeNetOfTax $42.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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