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CONDENSED COMBINED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Net sales $ 969 $ 907 $ 2,899 $ 2,857
Costs, expenses and other        
Total cost of products and services sold 659 575 1,907 1,856
Research and development expenses 26 21 70 62
Selling, general and administrative expenses 113 107 309 303
Transaction-related costs 32 3 90 6
Other expense (income) (36) 1 (43) (2)
Interest and other financial charges 2 3 5 11
Total costs, expenses and other 796 710 2,338 2,236
Income before taxes 173 197 561 621
Income tax expense 182 49 330 150
Net (loss) income (9) 148 231 471
Less: Net income (loss) attributable to noncontrolling interest 26 (4) 35 10
Net (loss) income attributable to Solstice Advanced Materials (35) 152 196 461
Product        
Net sales [1] 905 843 2,687 2,621
Costs, expenses and other        
Total cost of products and services sold [2] 613 528 1,745 1,674
Service        
Net sales [3] 64 64 212 236
Costs, expenses and other        
Total cost of products and services sold $ 46 $ 47 $ 162 $ 182
[1] Product sales include related party product sales of $22 million and $31 million for the three months and $60 million and $65 million, for the nine months ended September 30, 2025 and 2024, respectively.
[2] Cost of products sold include related party cost of products sold of $6 million and $2 million for the three months and $14 million and $13 million, for the nine months ended September 30, 2025 and 2024, respectively.
[3] Service sales include related party service sales of $0 million for the three months and $0 million and $29 million, for the nine months ended September 30, 2025 and 2024, respectively.