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10-Q Filing

UL Solutions Inc. CIK: 1901440 Q1 2025
Filing Information
Form Type 10-Q
Accession Number 0001901440-25-000019
Period End Date 20250331
Filing Date 20250506
Fiscal Year 2025
Fiscal Period Q1
XBRL Instance uls-20250331_htm.xml
Balance Sheet 156 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for credit loss AllowanceForDoubtfulAccountsReceivableCurrent $12.00M USD Point-in-time
Accounts receivable, allowance for credit loss AllowanceForDoubtfulAccountsReceivableCurrent $12.00M USD Point-in-time
Accounts receivable, allowance for credit loss AllowanceForDoubtfulAccountsReceivableCurrent $9.00M USD Point-in-time
Accounts receivable, allowance for credit loss AllowanceForDoubtfulAccountsReceivableCurrent $9.00M USD Point-in-time
Contract assets, allowance for credit loss ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent $2.00M USD Point-in-time
Contract assets, allowance for credit loss ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent $2.00M 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 $267.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $267.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $298.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $298.00M USD Point-in-time
Property, plant, and equipment, accumulated depreciation PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $803.00M USD Point-in-time
Property, plant, and equipment, accumulated depreciation PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $803.00M USD Point-in-time
Property, plant, and equipment, accumulated depreciation PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $772.00M USD Point-in-time
Property, plant, and equipment, accumulated depreciation PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $772.00M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $243.00M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $243.00M USD Point-in-time
Accounts receivable, net of allowance of $12 and $9 AccountsReceivableNetCurrent $463.00M USD Point-in-time
Accounts receivable, net of allowance of $12 and $9 AccountsReceivableNetCurrent $463.00M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $239.00M USD Point-in-time
Intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $239.00M USD Point-in-time
Accounts receivable, net of allowance of $12 and $9 AccountsReceivableNetCurrent $380.00M USD Point-in-time
Accounts receivable, net of allowance of $12 and $9 AccountsReceivableNetCurrent $380.00M USD Point-in-time
Capitalized software, accumulated amortization CapitalizedComputerSoftwareAccumulatedAmortization $427.00M USD Point-in-time
Capitalized software, accumulated amortization CapitalizedComputerSoftwareAccumulatedAmortization $427.00M USD Point-in-time
Contract assets, net of allowance of $2 and $1 ContractWithCustomerAssetNetCurrent $182.00M USD Point-in-time
Contract assets, net of allowance of $2 and $1 ContractWithCustomerAssetNetCurrent $182.00M USD Point-in-time
Capitalized software, accumulated amortization CapitalizedComputerSoftwareAccumulatedAmortization $444.00M USD Point-in-time
Capitalized software, accumulated amortization CapitalizedComputerSoftwareAccumulatedAmortization $444.00M USD Point-in-time
Contract assets, net of allowance of $2 and $1 ContractWithCustomerAssetNetCurrent $203.00M USD Point-in-time
Contract assets, net of allowance of $2 and $1 ContractWithCustomerAssetNetCurrent $203.00M USD Point-in-time
Other current assets OtherAssetsCurrent $65.00M USD Point-in-time
Other current assets OtherAssetsCurrent $65.00M USD Point-in-time
Other current assets OtherAssetsCurrent $61.00M USD Point-in-time
Other current assets OtherAssetsCurrent $61.00M USD Point-in-time
Total current assets AssetsCurrent $998.00M USD Point-in-time
Total current assets AssetsCurrent $998.00M USD Point-in-time
Total current assets AssetsCurrent $921.00M USD Point-in-time
Total current assets AssetsCurrent $921.00M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $803 and $772 PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $631.00M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $803 and $772 PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $631.00M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $803 and $772 PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $631.00M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $803 and $772 PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $631.00M USD Point-in-time
Goodwill Goodwill $641.00M USD Point-in-time
Goodwill Goodwill $641.00M USD Point-in-time
Goodwill Goodwill $633.00M USD Point-in-time
Goodwill Goodwill $633.00M USD Point-in-time
Intangible assets, net of accumulated amortization of $243 and $239 FiniteLivedIntangibleAssetsNet $56.00M USD Point-in-time
Intangible assets, net of accumulated amortization of $243 and $239 FiniteLivedIntangibleAssetsNet $56.00M USD Point-in-time
Intangible assets, net of accumulated amortization of $243 and $239 FiniteLivedIntangibleAssetsNet $58.00M USD Point-in-time
Intangible assets, net of accumulated amortization of $243 and $239 FiniteLivedIntangibleAssetsNet $58.00M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $186.00M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $186.00M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $182.00M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $182.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $108.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $108.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $108.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $108.00M USD Point-in-time
Capitalized software, net of accumulated amortization of $444 and $427 CapitalizedComputerSoftwareNet $127.00M USD Point-in-time
Capitalized software, net of accumulated amortization of $444 and $427 CapitalizedComputerSoftwareNet $127.00M USD Point-in-time
Capitalized software, net of accumulated amortization of $444 and $427 CapitalizedComputerSoftwareNet $123.00M USD Point-in-time
Capitalized software, net of accumulated amortization of $444 and $427 CapitalizedComputerSoftwareNet $123.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $136.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $136.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $139.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $139.00M USD Point-in-time
Total Assets Assets $2.88B USD Point-in-time
Total Assets Assets $2.88B USD Point-in-time
Total Assets Assets $2.80B USD Point-in-time
Total Assets Assets $2.80B USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $50.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $50.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent - USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent - USD Point-in-time
Accounts payable AccountsPayableCurrent $182.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $182.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $143.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $143.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $164.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $164.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $254.00M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $254.00M USD Point-in-time
Operating lease liabilities - current OperatingLeaseLiabilityCurrent $38.00M USD Point-in-time
Operating lease liabilities - current OperatingLeaseLiabilityCurrent $38.00M USD Point-in-time
Operating lease liabilities - current OperatingLeaseLiabilityCurrent $40.00M USD Point-in-time
Operating lease liabilities - current OperatingLeaseLiabilityCurrent $40.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $400.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $400.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $162.00M USD Point-in-time
Contract liabilities ContractWithCustomerLiabilityCurrent $162.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $54.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $54.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $57.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $57.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $804.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $804.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $740.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $740.00M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $653.00M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $653.00M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $692.00M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $692.00M USD Point-in-time
Pension and postretirement benefit plans PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $195.00M USD Point-in-time
Pension and postretirement benefit plans PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $195.00M USD Point-in-time
Pension and postretirement benefit plans PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $196.00M USD Point-in-time
Pension and postretirement benefit plans PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $196.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $155.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $155.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $150.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $150.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $86.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $86.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $92.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $92.00M USD Point-in-time
Total Liabilities Liabilities $1.87B USD Point-in-time
Total Liabilities Liabilities $1.87B USD Point-in-time
Total Liabilities Liabilities $1.89B USD Point-in-time
Total Liabilities Liabilities $1.89B 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
Additional paid-in capital AdditionalPaidInCapital $821.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $821.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $829.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $829.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $291.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $291.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $250.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $250.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-150.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-150.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-167.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-167.00M USD Point-in-time
Total stockholders equity before non-controlling interests StockholdersEquity $970.00M USD Point-in-time
Total stockholders equity before non-controlling interests StockholdersEquity $970.00M USD Point-in-time
Total stockholders equity before non-controlling interests StockholdersEquity $904.00M USD Point-in-time
Total stockholders equity before non-controlling interests StockholdersEquity $904.00M USD Point-in-time
Non-controlling interests MinorityInterest $27.00M USD Point-in-time
Non-controlling interests MinorityInterest $27.00M USD Point-in-time
Non-controlling interests MinorityInterest $14.00M USD Point-in-time
Non-controlling interests MinorityInterest $14.00M 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 Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $683.00M USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $683.00M USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $931.00M USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $931.00M USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $984.00M USD Point-in-time
Total Stockholders Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $984.00M USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $2.88B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $2.88B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $2.80B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $2.80B USD Point-in-time
Income Statement 60 line items
Line Item Tag Value Unit Period
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $705.00M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $705.00M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $670.00M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $670.00M USD 1 Quarter
Cost of revenue CostOfRevenue $351.00M USD 1 Quarter
Cost of revenue CostOfRevenue $351.00M USD 1 Quarter
Cost of revenue CostOfRevenue $364.00M USD 1 Quarter
Cost of revenue CostOfRevenue $364.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $232.00M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $232.00M 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
Operating income OperatingIncomeLoss $109.00M USD 1 Quarter
Operating income OperatingIncomeLoss $109.00M USD 1 Quarter
Operating income OperatingIncomeLoss $91.00M USD 1 Quarter
Operating income OperatingIncomeLoss $91.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $12.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $12.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $15.00M USD 1 Quarter
Interest expense InterestExpenseNonoperating $15.00M USD 1 Quarter
Other expense, net NonoperatingIncomeExpense $-3.00M USD 1 Quarter
Other expense, net NonoperatingIncomeExpense $-3.00M USD 1 Quarter
Other expense, net NonoperatingIncomeExpense $-3.00M USD 1 Quarter
Other expense, net NonoperatingIncomeExpense $-3.00M 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 $94.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $94.00M 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 $23.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $23.00M USD 1 Quarter
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $71.00M USD 1 Quarter
Net income ProfitLoss $71.00M 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
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 stockholders of UL Solutions NetIncomeLoss $56.00M USD 1 Quarter
Net income attributable to stockholders of UL Solutions NetIncomeLoss $56.00M USD 1 Quarter
Net income attributable to stockholders of UL Solutions NetIncomeLoss $67.00M USD 1 Quarter
Net income attributable to stockholders of UL Solutions NetIncomeLoss $67.00M 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 $0.34 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.34 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 $0.33 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.33 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 203.00M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 203.00M shares 1 Quarter
Cash Flow Statement 124 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 $71.00M USD 1 Quarter
Net income ProfitLoss $71.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $45.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $45.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $41.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $41.00M USD 1 Quarter
Stock-based compensation ShareBasedCompensation - USD 1 Quarter
Stock-based compensation ShareBasedCompensation - USD 1 Quarter
Stock-based compensation ShareBasedCompensation $8.00M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $8.00M USD 1 Quarter
Losses on foreign exchange transactions ForeignCurrencyTransactionGainLossBeforeTax $-3.00M USD 1 Quarter
Losses on foreign exchange transactions ForeignCurrencyTransactionGainLossBeforeTax $-3.00M USD 1 Quarter
Losses on foreign exchange transactions ForeignCurrencyTransactionGainLossBeforeTax $-3.00M USD 1 Quarter
Losses on foreign exchange transactions ForeignCurrencyTransactionGainLossBeforeTax $-3.00M 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 $1.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $1.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-6.00M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-6.00M 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 $81.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $81.00M USD 1 Quarter
Contract and other assets IncreaseDecreaseInContractWithCustomerAssetAndOtherAssets $8.00M USD 1 Quarter
Contract and other assets IncreaseDecreaseInContractWithCustomerAssetAndOtherAssets $8.00M USD 1 Quarter
Contract and other assets IncreaseDecreaseInContractWithCustomerAssetAndOtherAssets $25.00M USD 1 Quarter
Contract and other assets IncreaseDecreaseInContractWithCustomerAssetAndOtherAssets $25.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-13.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-13.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-23.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-23.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-89.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-89.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-98.00M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-98.00M 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
Pension and postretirement benefit plans IncreaseDecreaseInPensionAndPostretirementObligations $-3.00M USD 1 Quarter
Pension and postretirement benefit plans IncreaseDecreaseInPensionAndPostretirementObligations $-3.00M USD 1 Quarter
Contract and other liabilities IncreaseDecreaseInContractWithCustomerLiabilityAndOtherLiabilities $232.00M USD 1 Quarter
Contract and other liabilities IncreaseDecreaseInContractWithCustomerLiabilityAndOtherLiabilities $232.00M USD 1 Quarter
Contract and other liabilities IncreaseDecreaseInContractWithCustomerLiabilityAndOtherLiabilities $241.00M USD 1 Quarter
Contract and other liabilities IncreaseDecreaseInContractWithCustomerLiabilityAndOtherLiabilities $241.00M 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 $154.00M USD 1 Quarter
Net cash flows provided by operating activities NetCashProvidedByUsedInOperatingActivities $154.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $51.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $51.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $57.00M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $57.00M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities - USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities - USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-1.00M USD 1 Quarter
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $-1.00M 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
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-50.00M USD 1 Quarter
Net cash flows used in investing activities NetCashProvidedByUsedInInvestingActivities $-50.00M 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
Proceeds from long-term debt ProceedsFromIssuanceOfLongTermDebt $62.00M USD 1 Quarter
Proceeds from long-term debt ProceedsFromIssuanceOfLongTermDebt $62.00M USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $45.00M USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $45.00M USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $152.00M USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $152.00M USD 1 Quarter
Dividends to stockholders of UL Solutions PaymentsOfDividendsCommonStock $25.00M USD 1 Quarter
Dividends to stockholders of UL Solutions PaymentsOfDividendsCommonStock $25.00M USD 1 Quarter
Dividends to stockholders of UL Solutions PaymentsOfDividendsCommonStock $26.00M USD 1 Quarter
Dividends to stockholders of UL Solutions PaymentsOfDividendsCommonStock $26.00M USD 1 Quarter
Dividends to non-controlling interest PaymentsOfDividendsMinorityInterest - USD 1 Quarter
Dividends to non-controlling interest PaymentsOfDividendsMinorityInterest - USD 1 Quarter
Dividends to non-controlling interest PaymentsOfDividendsMinorityInterest $17.00M USD 1 Quarter
Dividends to non-controlling interest PaymentsOfDividendsMinorityInterest $17.00M USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-2.00M USD 1 Quarter
Other financing activities, net ProceedsFromPaymentsForOtherFinancingActivities $-2.00M 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 financing activities NetCashProvidedByUsedInFinancingActivities $-49.00M USD 1 Quarter
Net cash flows used in financing activities NetCashProvidedByUsedInFinancingActivities $-49.00M USD 1 Quarter
Net cash flows used in financing activities NetCashProvidedByUsedInFinancingActivities $-135.00M USD 1 Quarter
Net cash flows used in financing activities NetCashProvidedByUsedInFinancingActivities $-135.00M 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
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
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-31.00M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-31.00M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $29.00M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $29.00M USD 1 Quarter
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $344.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $344.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $267.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $267.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $298.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $298.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $315.00M USD Point-in-time
Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $315.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $344.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $344.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $267.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $267.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $298.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $298.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $315.00M USD Point-in-time
End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $315.00M USD Point-in-time
Cash paid during the period for interest InterestPaidNet $7.00M USD 1 Quarter
Cash paid during the period for interest InterestPaidNet $7.00M USD 1 Quarter
Cash paid during the period for interest InterestPaidNet $10.00M USD 1 Quarter
Cash paid during the period for interest InterestPaidNet $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 income taxes IncomeTaxesPaidNet $16.00M USD 1 Quarter
Cash paid during the period for income taxes IncomeTaxesPaidNet $16.00M 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 $26.00M USD 1 Quarter
Capital expenditures funded by liabilities CapitalExpendituresIncurredButNotYetPaid $26.00M USD 1 Quarter
Stockholders Equity 38 line items
Line Item Tag Value Unit Period
Dividend to stockholder of UL Solutions (in dollars per share) CommonStockDividendsPerShareCashPaid $0.12 USD 1 Quarter
Dividend to stockholder of UL Solutions (in dollars per share) CommonStockDividendsPerShareCashPaid $0.12 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 $678.00M USD Point-in-time
Balances, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $678.00M 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 $931.00M USD Point-in-time
Balances, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $931.00M USD Point-in-time
Balances, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $984.00M USD Point-in-time
Balances, beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $984.00M USD Point-in-time
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $60.00M USD 1 Quarter
Net income ProfitLoss $71.00M USD 1 Quarter
Net income ProfitLoss $71.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-15.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-15.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $17.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $17.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.00M USD 1 Quarter
Dividends to stockholders of UL Solutions DividendsCommonStockCash $25.00M USD 1 Quarter
Dividends to stockholders of UL Solutions DividendsCommonStockCash $25.00M USD 1 Quarter
Dividends to stockholders of UL Solutions DividendsCommonStockCash $26.00M USD 1 Quarter
Dividends to stockholders of UL Solutions DividendsCommonStockCash $26.00M USD 1 Quarter
Dividend to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $17.00M USD 1 Quarter
Dividend to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $17.00M 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
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $678.00M USD Point-in-time
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $678.00M 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 $931.00M USD Point-in-time
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $931.00M USD Point-in-time
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $984.00M USD Point-in-time
Balances, end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $984.00M 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 $71.00M USD 1 Quarter
Net income ProfitLoss $71.00M 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 - USD 1 Quarter
Pension and postretirement benefit plans, net of tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax - USD 1 Quarter
Foreign currency translation gain (loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $17.00M USD 1 Quarter
Foreign currency translation gain (loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $17.00M USD 1 Quarter
Foreign currency translation gain (loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-16.00M USD 1 Quarter
Foreign currency translation gain (loss) OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-16.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-15.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-15.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $17.00M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $17.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $88.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $88.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $45.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $45.00M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.00M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.00M 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
Comprehensive income attributable to stockholders of UL Solutions ComprehensiveIncomeNetOfTax $42.00M USD 1 Quarter
Comprehensive income attributable to stockholders of UL Solutions ComprehensiveIncomeNetOfTax $42.00M USD 1 Quarter
Comprehensive income attributable to stockholders of UL Solutions ComprehensiveIncomeNetOfTax $84.00M USD 1 Quarter
Comprehensive income attributable to stockholders of UL Solutions ComprehensiveIncomeNetOfTax $84.00M USD 1 Quarter

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

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