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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities    
Net income $ 166 $ 157
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 82 74
Gains on divestitures (25) (2)
Stock-based compensation 6 0
Loss (gain) on foreign exchange transactions 6 (2)
Deferred income taxes (10) 25
Other, net 12 (4)
Changes in assets and liabilities, excluding the effects of acquisitions and divestitures:    
Accounts receivable (33) 13
Contract and other assets (26) (73)
Accounts payable (20) (18)
Accrued expenses (74) (88)
Pension and postretirement benefit plans (3) (1)
Contract and other liabilities 163 139
Net cash flows provided by operating activities 244 220
Investing activities    
Capital expenditures (113) (113)
Acquisitions, net of cash acquired (10) (1)
Proceeds from divestitures 30 4
Sales of investments 0 116
Purchases of investments 0 (95)
Other investing activities, net 0 4
Net cash flows used in investing activities (93) (85)
Financing activities    
Proceeds from long-term debt 20 30
Repayment of long-term debt (115) (30)
Dividends to stockholders of UL Solutions (50) (40)
Dividend to non-controlling interest (15) 0
Other financing activities, net 1 1
Net cash flows used in financing activities (159) (39)
Effect of exchange rate changes on cash and cash equivalents (12) (5)
Net (decrease) increase in cash and cash equivalents (20) 91
Cash and cash equivalents    
Beginning of period 315 322
End of period 295 413
Supplemental disclosures of cash flow information    
Cash paid during the period for interest 29 15
Cash paid during the period for income taxes 29 26
Cash paid during the period for stock-based compensation 18 60
Noncash investing and financing activities    
Capital expenditures funded by liabilities 30 19
Conversion of stock-based compensation awards to equity (Note 16) $ 26 $ 0