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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Net sales $ 991 $ 897
Costs, expenses and other    
Total cost of products and services sold 675 577
Research and development expenses 28 22
Selling, general and administrative expenses 108 93
Transaction-related costs 23 28
Other expense (income) (7) (11)
Interest and other financial charges 29 1
Total costs, expenses and other 855 710
Income before taxes 136 188
Income tax expense 31 47
Net income 105 140
Less: Net income attributable to noncontrolling interest 20 6
Net income attributable to Solstice Advanced Materials $ 85 $ 134
Basic earnings per share (in usd per share) $ 0.53 $ 0.85
Diluted earnings per share (in usd per share) $ 0.53 $ 0.85
Weighted average number of common shares outstanding - basic (in shares) 158.8 158.7
Weighted average number of common shares outstanding - diluted (in shares) 159.3 158.7
Products    
Net sales [1] $ 915 $ 838
Costs, expenses and other    
Total cost of products and services sold [2] 628 531
Services    
Net sales 77 59
Costs, expenses and other    
Total cost of products and services sold $ 47 $ 45
[1] Product sales include related party product sales of $16 million and $13 million for the three months ended March 31, 2026 and 2025, respectively.
[2] Cost of products sold include related party cost of products sold of $5 million and $6 million for the three months ended March 31, 2026 and 2025, respectively.