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Supplemental Financial Information
6 Months Ended
Jun. 30, 2026
Balance Sheet Related Disclosures [Abstract]  
Supplemental Financial Information Supplemental Financial Information
Other current assets included in the condensed consolidated balance sheets consist of the following:
June 30,December 31,
(Millions)20262025
Other current assets
Purification and filtration-related$399 $387 
Prepaid income taxes144 116 
Prepaid software61 58 
Other261 170 
Total other current assets$865 $731 
Purification and filtration-related in the table above includes receivables and other assets associated with post-closing activity with Buyer.
Other assets included in the condensed consolidated balance sheets consist of the following:
June 30,December 31,
(Millions)20262025
Other assets
Deferred taxes$344 $263 
Capitalized cloud-computing costs234 203 
Operating lease right-of-use188 214 
Other138 134 
Total other assets$904 $814 
Other current liabilities included in the condensed consolidated balance sheets consist of the following:
June 30,December 31,
(Millions)20262025
Other current liabilities
Accrued compensation$217 $320 
Accrued taxes
176 196 
Accrued rebates
226 172 
Accrued interest69 71 
Accrued legal242 43 
Purification and filtration-related258 245 
Other338 346 
Total other current liabilities$1,528 $1,393 

Purification and filtration-related in the table above includes the current portion of the unfavorable contract liability as described in Note 3, along with other activity with Buyer, including amounts owed under the transition agreements.

Accrued legal includes both accrued litigation costs described in Note 12 and other accrued legal-related fees and services.
Supply Chain Financing
The Company participates in a voluntary supply chain financing ("SCF") program which provides participating suppliers the opportunity to sell their Solventum receivables to third party financial institutions at the sole discretion of both the suppliers and the third party financial institutions. The Company evaluates the SCF program to ensure the use of a third-party intermediary to settle its trade payables does not change the nature, existence, amount, or timing of our trade payables and does not provide the Company with any direct economic benefit and does not provide any guarantees in connection with the SCF program. The Company and its suppliers agree on contractual terms for the goods and services we procure, including price, quantity and payment terms, regardless of whether the supplier elects to participate in the SCF program. The amounts due to the financial institution for suppliers that participate in the SCF program are included in accounts payable on the Company's condensed consolidated balance sheets, and the associated payments are included in operating activities on the Company's condensed consolidated statements of cash flows.
As of June 30, 2026, the amount of obligations outstanding that the Company has confirmed as valid to the financial institution under the SCF program was less than $1 million. There were no obligations outstanding as of December 31, 2025.