ULS
UL Solutions Inc.
Price Chart
Latest Quote
$94.11
| Previous Close | $95.33 |
| Open | $94.57 |
| Day High | $96.95 |
| Day Low | $94.12 |
| Volume | 648,290 |
Stock Information
| Shares Outstanding | 77.81M |
| Total Debt | $539.00M |
| Cash Equivalents | $258.00M |
| Revenue | $3.11B |
| Net Income | $350.00M |
| Sector | Industrials |
| Industry | Specialty Business Services |
| Market Cap | $18.97B |
| P/E Ratio | 54.72 |
| EPS (TTM) | $1.72 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $19.51B |
| Sales | $3.11B |
| Income | $350.00M |
| Book/sh | $6.56 |
| Cash/sh | $3.32 |
| Employees | 15K |
Financial Ratios
| Quick Ratio | 1.09 |
| Current Ratio | 1.17 |
| Debt/Eq | 40.34 |
| EPS Growth TTM | 37.30% |
Returns & Margins
| ROA | 12.49% |
| ROE | 31.98% |
| Gross Margin | 49.94% |
| Operating Margin | 18.07% |
| Profit Margin | 11.27% |
Ownership
| Insider Ownership | 1.27% |
| Institutional Ownership | 114.69% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 36.49 |
| PEG | 2.17 |
| P/S | 6.11 |
| P/B | 14.35 |
Analyst Data
| Recommendation | buy |
| Target Price | $108.95 |
Technical Indicators
| SMA20 | $98.66 |
| SMA50 | $95.25 |
| SMA200 | $82.05 |
| RSI | 32.17 |
| ATR | 2.7736 |
| Shares Float | 76.79M |
| Short Float | 4.09% |
| Short Ratio | 3.88 |
| Volatility | 0.62 |
| Rel Volume | 0.90 |
Performance History
| Week | -3.36% |
| Month | -4.81% |
| Quarter | +9.04% |
| 6 Months | +21.93% |
| YTD | +16.69% |
| Year | +32.47% |
| 10 Years | +174.46% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-17 | $94.11 | 648,290 |
| 2026-06-16 | $95.33 | 1,142,000 |
| 2026-06-15 | $96.99 | 1,300,300 |
| 2026-06-12 | $96.93 | 579,100 |
| 2026-06-11 | $98.41 | 523,200 |
| 2026-06-10 | $97.38 | 666,900 |
| 2026-06-09 | $98.57 | 668,400 |
| 2026-06-08 | $97.02 | 820,300 |
| 2026-06-05 | $96.81 | 463,900 |
| 2026-06-04 | $99.20 | 551,400 |
| 2026-06-03 | $98.03 | 772,000 |
| 2026-06-02 | $97.77 | 921,700 |
| 2026-06-01 | $99.94 | 553,200 |
| 2026-05-29 | $99.50 | 722,100 |
| 2026-05-28 | $99.43 | 582,700 |
| 2026-05-27 | $100.45 | 847,600 |
| 2026-05-26 | $100.68 | 783,400 |
| 2026-05-22 | $102.70 | 603,700 |
| 2026-05-21 | $102.19 | 646,100 |
| 2026-05-20 | $101.83 | 586,100 |
| 2026-05-19 | $99.84 | 781,000 |
| 2026-05-18 | $98.87 | 635,500 |
About UL Solutions Inc.
UL Solutions Inc., together with its subsidiaries, provides testing, inspection and certification services and related software and advisory services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building and asset owners, end users, and regulators. The Consumer segment offers safety certification testing, ongoing certification, global market access, testing for connectivity, performance and quality, and critical systems advisory and training services, as well as product market acceptance and risk mitigation services for customers in the consumer products end markets comprising consumer electronics, medical devices, information technologies, appliances, HVAC, lighting, and retail, as well as consumer applications, such as new mobility, smart products, and 5G. The Software and Advisory segment provide software and technical advisory services that enable customers to manage regulatory requirements, deliver supply chain transparency, and operationalize sustainability. It offers ULTRUS, a software that helps customers meet regulatory, supply chain, and sustainability challenges. UL Solutions Inc. was formerly known as UL Inc. and changed its name to UL Solutions Inc. in December 2021. The company was founded in 1894 and is headquartered in Northbrook, Illinois. UL Solutions Inc. operates as a subsidiary of ULSE Inc.
đ° Latest News
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StockStory âĸ 2026-05-22T16:20:55ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $1,543,000,000 | $1,478,000,000 | $1,394,000,000 | $1,313,000,000 |
| Cost Of Revenue | $1,543,000,000 | $1,478,000,000 | $1,394,000,000 | $1,313,000,000 |
| Total Revenue | $3,053,000,000 | $2,870,000,000 | $2,678,000,000 | $2,520,000,000 |
| Operating Revenue | $3,053,000,000 | $2,870,000,000 | $2,678,000,000 | $2,520,000,000 |
| Expenses | ||||
| Interest Expense | $41,000,000 | $55,000,000 | $35,000,000 | $17,000,000 |
| Total Expenses | $2,496,000,000 | $2,409,000,000 | $2,269,000,000 | $2,108,000,000 |
| Other Income Expense | $-50,000,000 | $5,000,000 | $-40,000,000 | $-13,000,000 |
| Other Non Operating Income Expenses | $-5,000,000 | $-9,000,000 | $-6,000,000 | $-24,000,000 |
| Net Non Operating Interest Income Expense | $-37,000,000 | $-51,000,000 | $-23,000,000 | $-16,000,000 |
| Interest Expense Non Operating | $41,000,000 | $55,000,000 | $35,000,000 | $17,000,000 |
| Operating Expense | $953,000,000 | $931,000,000 | $875,000,000 | $795,000,000 |
| Selling And Marketing Expense | - | - | $875,000,000 | $795,000,000 |
| General And Administrative Expense | - | - | $8,000,000 | $13,000,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $325,000,000 | $326,000,000 | $260,000,000 | $293,000,000 |
| Net Interest Income | $-37,000,000 | $-51,000,000 | $-23,000,000 | $-16,000,000 |
| Interest Income | $4,000,000 | $4,000,000 | $12,000,000 | $1,000,000 |
| Normalized Income | $358,030,000 | $314,366,000 | $287,132,000 | $284,123,000 |
| Net Income From Continuing And Discontinued Operation | $325,000,000 | $326,000,000 | $260,000,000 | $293,000,000 |
| Total Operating Income As Reported | $522,000,000 | $462,000,000 | $368,000,000 | $412,000,000 |
| Net Income Common Stockholders | $325,000,000 | $326,000,000 | $260,000,000 | $293,000,000 |
| Net Income | $325,000,000 | $326,000,000 | $260,000,000 | $293,000,000 |
| Net Income Including Noncontrolling Interests | $345,000,000 | $345,000,000 | $276,000,000 | $309,000,000 |
| Net Income Continuous Operations | $345,000,000 | $345,000,000 | $276,000,000 | $309,000,000 |
| Pretax Income | $470,000,000 | $415,000,000 | $346,000,000 | $383,000,000 |
| Special Income Charges | $-35,000,000 | $25,000,000 | $-39,000,000 | $0 |
| Interest Income Non Operating | $4,000,000 | $4,000,000 | $12,000,000 | $1,000,000 |
| Operating Income | $557,000,000 | $461,000,000 | $409,000,000 | $412,000,000 |
| Gross Profit | $1,510,000,000 | $1,392,000,000 | $1,284,000,000 | $1,207,000,000 |
| Earnings From Equity Interest | - | - | $1,000,000 | $2,000,000 |
| Per Share | ||||
| Diluted EPS | $1.60 | $1.62 | $1.30 | $1.47 |
| Basic EPS | $1.62 | $1.63 | $1.30 | $1.47 |
| Other | ||||
| Tax Effect Of Unusual Items | $-11,970,000 | $2,366,000 | $-6,868,000 | $2,123,000 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $744,000,000 | $628,000,000 | $569,000,000 | $524,000,000 |
| Total Unusual Items | $-45,000,000 | $14,000,000 | $-34,000,000 | $11,000,000 |
| Total Unusual Items Excluding Goodwill | $-45,000,000 | $14,000,000 | $-34,000,000 | $11,000,000 |
| Reconciled Depreciation | $188,000,000 | $172,000,000 | $154,000,000 | $135,000,000 |
| EBITDA (Bullshit earnings) | $699,000,000 | $642,000,000 | $535,000,000 | $535,000,000 |
| EBIT | $511,000,000 | $470,000,000 | $381,000,000 | $400,000,000 |
| Diluted Average Shares | $203,000,000 | $201,000,000 | $200,000,000 | $200,000,000 |
| Basic Average Shares | $201,000,000 | $200,000,000 | $200,000,000 | $200,000,000 |
| Diluted NI Availto Com Stockholders | $325,000,000 | $326,000,000 | $260,000,000 | $293,000,000 |
| Minority Interests | $-20,000,000 | $-19,000,000 | $-16,000,000 | $-16,000,000 |
| Tax Provision | $125,000,000 | $70,000,000 | $70,000,000 | $74,000,000 |
| Gain On Sale Of Business | $0 | $24,000,000 | $2,000,000 | $0 |
| Impairment Of Capital Assets | $0 | $0 | $37,000,000 | $0 |
| Restructuring And Mergern Acquisition | $35,000,000 | $-1,000,000 | $4,000,000 | - |
| Gain On Sale Of Security | $-10,000,000 | $-11,000,000 | $5,000,000 | $11,000,000 |
| Selling General And Administration | $953,000,000 | $931,000,000 | $875,000,000 | $795,000,000 |
| Salaries And Wages | - | - | $8,000,000 | $13,000,000 |
| Other Special Charges | - | - | - | $18,000,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $453,000,000 | $86,000,000 | $-180,000,000 | $207,000,000 |
| Total Assets | $2,921,000,000 | $2,800,000,000 | $2,736,000,000 | $2,720,000,000 |
| Total Non Current Assets | $1,921,000,000 | $1,879,000,000 | $1,783,000,000 | $1,722,000,000 |
| Other Non Current Assets | $140,000,000 | $136,000,000 | $133,000,000 | $48,000,000 |
| Non Current Deferred Assets | $94,000,000 | $108,000,000 | $110,000,000 | $128,000,000 |
| Non Current Deferred Taxes Assets | $94,000,000 | $108,000,000 | $110,000,000 | $128,000,000 |
| Goodwill And Other Intangible Assets | $809,000,000 | $818,000,000 | $834,000,000 | $847,000,000 |
| Other Intangible Assets | $153,000,000 | $185,000,000 | $211,000,000 | $200,000,000 |
| Current Assets | $1,000,000,000 | $921,000,000 | $953,000,000 | $998,000,000 |
| Other Current Assets | $79,000,000 | $61,000,000 | $13,000,000 | $5,000,000 |
| Receivables | $626,000,000 | $562,000,000 | $590,000,000 | $587,000,000 |
| Other Receivables | $204,000,000 | $182,000,000 | $179,000,000 | $171,000,000 |
| Accounts Receivable | $422,000,000 | $380,000,000 | $362,000,000 | $376,000,000 |
| Allowance For Doubtful Accounts Receivable | $-12,000,000 | $-9,000,000 | $-9,000,000 | $-11,000,000 |
| Gross Accounts Receivable | $434,000,000 | $389,000,000 | $371,000,000 | $387,000,000 |
| Cash Cash Equivalents And Short Term Investments | $295,000,000 | $298,000,000 | $315,000,000 | $373,000,000 |
| Cash And Cash Equivalents | $295,000,000 | $298,000,000 | $315,000,000 | $322,000,000 |
| Prepaid Assets | - | $33,000,000 | $35,000,000 | $33,000,000 |
| Taxes Receivable | - | $24,000,000 | $49,000,000 | $40,000,000 |
| Investmentin Financial Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $196,000,000 | $444,000,000 | $589,000,000 | $177,000,000 |
| Total Debt | $683,000,000 | $935,000,000 | $1,063,000,000 | $660,000,000 |
| Long Term Debt And Capital Lease Obligation | $640,000,000 | $847,000,000 | $1,024,000,000 | $618,000,000 |
| Long Term Debt | $491,000,000 | $692,000,000 | $904,000,000 | $499,000,000 |
| Current Debt And Capital Lease Obligation | $43,000,000 | $88,000,000 | $39,000,000 | $42,000,000 |
| Current Debt | - | $50,000,000 | - | - |
| Other Current Borrowings | - | $50,000,000 | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $1,627,000,000 | $1,869,000,000 | $2,058,000,000 | $1,643,000,000 |
| Total Non Current Liabilities Net Minority Interest | $867,000,000 | $1,129,000,000 | $1,349,000,000 | $949,000,000 |
| Other Non Current Liabilities | $93,000,000 | $86,000,000 | $93,000,000 | $85,000,000 |
| Current Liabilities | $760,000,000 | $740,000,000 | $709,000,000 | $694,000,000 |
| Other Current Liabilities | $79,000,000 | $54,000,000 | $58,000,000 | $46,000,000 |
| Current Deferred Liabilities | $173,000,000 | $162,000,000 | $162,000,000 | $142,000,000 |
| Payables And Accrued Expenses | $183,000,000 | $182,000,000 | $169,000,000 | $153,000,000 |
| Payables | $183,000,000 | $182,000,000 | $169,000,000 | $153,000,000 |
| Accounts Payable | $183,000,000 | $182,000,000 | $169,000,000 | $153,000,000 |
| Non Current Deferred Liabilities | - | - | - | - |
| Non Current Deferred Taxes Liabilities | - | - | - | - |
| Total Tax Payable | - | - | - | - |
| Income Tax Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $1,262,000,000 | $904,000,000 | $654,000,000 | $1,054,000,000 |
| Total Equity Gross Minority Interest | $1,294,000,000 | $931,000,000 | $678,000,000 | $1,077,000,000 |
| Stockholders Equity | $1,262,000,000 | $904,000,000 | $654,000,000 | $1,054,000,000 |
| Gains Losses Not Affecting Retained Earnings | $-95,000,000 | $-167,000,000 | $-146,000,000 | $-166,000,000 |
| Other Equity Adjustments | $-95,000,000 | $-167,000,000 | $-146,000,000 | $-166,000,000 |
| Retained Earnings | $470,000,000 | $250,000,000 | $24,000,000 | $211,000,000 |
| Long Term Equity Investment | - | - | $64,000,000 | $62,000,000 |
| Other | ||||
| Ordinary Shares Number | $201,025,964 | $200,174,493 | $200,000,000 | $200,000,000 |
| Share Issued | $201,025,964 | $200,174,493 | $200,000,000 | $200,000,000 |
| Tangible Book Value | $453,000,000 | $86,000,000 | $-180,000,000 | $207,000,000 |
| Invested Capital | $1,753,000,000 | $1,646,000,000 | $1,558,000,000 | $1,553,000,000 |
| Working Capital | $240,000,000 | $181,000,000 | $244,000,000 | $304,000,000 |
| Capital Lease Obligations | $192,000,000 | $193,000,000 | $159,000,000 | $161,000,000 |
| Total Capitalization | $1,753,000,000 | $1,596,000,000 | $1,558,000,000 | $1,553,000,000 |
| Minority Interest | $32,000,000 | $27,000,000 | $24,000,000 | $23,000,000 |
| Additional Paid In Capital | $887,000,000 | $821,000,000 | $776,000,000 | $1,009,000,000 |
| Capital Stock | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 |
| Employee Benefits | $134,000,000 | $196,000,000 | $232,000,000 | $246,000,000 |
| Non Current Pension And Other Postretirement Benefit Plans | $134,000,000 | $196,000,000 | $232,000,000 | $246,000,000 |
| Long Term Capital Lease Obligation | $149,000,000 | $155,000,000 | $120,000,000 | $119,000,000 |
| Current Deferred Revenue | $173,000,000 | $162,000,000 | $162,000,000 | $142,000,000 |
| Current Capital Lease Obligation | $43,000,000 | $38,000,000 | $39,000,000 | $42,000,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $282,000,000 | $254,000,000 | $281,000,000 | $311,000,000 |
| Goodwill | $656,000,000 | $633,000,000 | $623,000,000 | $647,000,000 |
| Net PPE | $878,000,000 | $817,000,000 | $706,000,000 | $637,000,000 |
| Accumulated Depreciation | $-879,000,000 | $-772,000,000 | $-737,000,000 | $-732,000,000 |
| Gross PPE | $1,757,000,000 | $1,589,000,000 | $1,443,000,000 | $1,369,000,000 |
| Leases | $212,000,000 | $182,000,000 | $172,000,000 | $141,000,000 |
| Other Properties | $179,000,000 | $186,000,000 | $151,000,000 | $156,000,000 |
| Machinery Furniture Equipment | $821,000,000 | $729,000,000 | $714,000,000 | $687,000,000 |
| Buildings And Improvements | $503,000,000 | $451,000,000 | $364,000,000 | $347,000,000 |
| Land And Improvements | $42,000,000 | $41,000,000 | $42,000,000 | $38,000,000 |
| Properties | $0 | $0 | $0 | $0 |
| Investments And Advances | - | - | $64,000,000 | $62,000,000 |
| Other Short Term Investments | - | - | $0 | $51,000,000 |
| Current Accrued Expenses | - | - | - | - |
| Dueto Related Parties Current | - | - | - | - |
| Available For Sale Securities | - | - | - | - |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $403,000,000 | $287,000,000 | $252,000,000 | $208,000,000 |
| Operating Activities | ||||
| Operating Cash Flow | $600,000,000 | $524,000,000 | $467,000,000 | $372,000,000 |
| Cash Flow From Continuing Operating Activities | $600,000,000 | $524,000,000 | $467,000,000 | $372,000,000 |
| Operating Gains Losses | $10,000,000 | $-13,000,000 | $2,000,000 | $18,000,000 |
| Investing Activities | ||||
| Capital Expenditure | $-197,000,000 | $-237,000,000 | $-215,000,000 | $-164,000,000 |
| Investing Cash Flow | $-204,000,000 | $-234,000,000 | $-175,000,000 | $-238,000,000 |
| Cash Flow From Continuing Investing Activities | $-204,000,000 | $-234,000,000 | $-175,000,000 | $-238,000,000 |
| Net Other Investing Changes | $1,000,000 | - | $5,000,000 | $-1,000,000 |
| Capital Expenditure Reported | $-197,000,000 | $-237,000,000 | $-215,000,000 | $-164,000,000 |
| Financing Activities | ||||
| Financing Cash Flow | $-396,000,000 | $-284,000,000 | $-294,000,000 | $-1,116,000,000 |
| Cash Flow From Continuing Financing Activities | $-396,000,000 | $-284,000,000 | $-294,000,000 | $-1,116,000,000 |
| Net Other Financing Charges | $-39,000,000 | $-19,000,000 | $-24,000,000 | $-16,000,000 |
| Cash Dividends Paid | $-104,000,000 | $-100,000,000 | $-680,000,000 | $-1,600,000,000 |
| Common Stock Dividend Paid | $-104,000,000 | $-100,000,000 | $-680,000,000 | $-1,600,000,000 |
| Dividend Received Cfo | - | - | - | $2,000,000 |
| Other | ||||
| Repayment Of Debt | $-1,045,000,000 | $-346,000,000 | $-30,000,000 | $-200,000,000 |
| Issuance Of Debt | $792,000,000 | $181,000,000 | $440,000,000 | $700,000,000 |
| Interest Paid Supplemental Data | $40,000,000 | $57,000,000 | $32,000,000 | $17,000,000 |
| Income Tax Paid Supplemental Data | $92,000,000 | $66,000,000 | $57,000,000 | $68,000,000 |
| End Cash Position | $295,000,000 | $298,000,000 | $315,000,000 | $322,000,000 |
| Beginning Cash Position | $298,000,000 | $315,000,000 | $322,000,000 | $1,328,000,000 |
| Effect Of Exchange Rate Changes | $-3,000,000 | $-23,000,000 | $-5,000,000 | $-24,000,000 |
| Net Issuance Payments Of Debt | $-253,000,000 | $-165,000,000 | $410,000,000 | $500,000,000 |
| Net Long Term Debt Issuance | $-253,000,000 | $-165,000,000 | $410,000,000 | $500,000,000 |
| Long Term Debt Payments | $-1,045,000,000 | $-346,000,000 | $-30,000,000 | $-200,000,000 |
| Long Term Debt Issuance | $792,000,000 | $181,000,000 | $440,000,000 | $700,000,000 |
| Net Investment Purchase And Sale | $-7,000,000 | $0 | $49,000,000 | $-7,000,000 |
| Sale Of Investment | $51,000,000 | $0 | $144,000,000 | $155,000,000 |
| Purchase Of Investment | $-58,000,000 | $0 | $-95,000,000 | $-162,000,000 |
| Net Business Purchase And Sale | $-1,000,000 | $3,000,000 | $-14,000,000 | $-66,000,000 |
| Sale Of Business | $0 | $29,000,000 | $4,000,000 | $0 |
| Purchase Of Business | $-1,000,000 | $-26,000,000 | $-18,000,000 | $-66,000,000 |
| Change In Working Capital | $-11,000,000 | $-17,000,000 | $-18,000,000 | $-108,000,000 |
| Change In Other Working Capital | $-24,000,000 | $-9,000,000 | $36,000,000 | $22,000,000 |
| Change In Payables And Accrued Expense | $67,000,000 | $20,000,000 | $-27,000,000 | $-103,000,000 |
| Change In Accrued Expense | $80,000,000 | $7,000,000 | $-28,000,000 | $-85,000,000 |
| Change In Payable | $-13,000,000 | $13,000,000 | $1,000,000 | $-18,000,000 |
| Change In Account Payable | $-13,000,000 | $13,000,000 | $1,000,000 | $-18,000,000 |
| Change In Receivables | $-54,000,000 | $-28,000,000 | $-27,000,000 | $-27,000,000 |
| Changes In Account Receivables | $-32,000,000 | $-31,000,000 | $6,000,000 | $-15,000,000 |
| Other Non Cash Items | $8,000,000 | $11,000,000 | $1,000,000 | $8,000,000 |
| Stock Based Compensation | $47,000,000 | $23,000,000 | $0 | $0 |
| Provisionand Write Offof Assets | $11,000,000 | $9,000,000 | $4,000,000 | $6,000,000 |
| Asset Impairment Charge | $0 | $0 | $37,000,000 | $0 |
| Deferred Tax | $2,000,000 | $-6,000,000 | $11,000,000 | $10,000,000 |
| Deferred Income Tax | $2,000,000 | $-6,000,000 | $11,000,000 | $10,000,000 |
| Depreciation Amortization Depletion | $188,000,000 | $172,000,000 | $154,000,000 | $135,000,000 |
| Depreciation And Amortization | $188,000,000 | $172,000,000 | $154,000,000 | $135,000,000 |
| Net Foreign Currency Exchange Gain Loss | $10,000,000 | $11,000,000 | $4,000,000 | $18,000,000 |
| Gain Loss On Sale Of Business | $0 | $-24,000,000 | $-2,000,000 | $0 |
| Net Income From Continuing Operations | $345,000,000 | $345,000,000 | $276,000,000 | $309,000,000 |
| Changes In Cash | - | $6,000,000 | $-2,000,000 | $-982,000,000 |
| Pension And Employee Benefit Expense | - | $0 | $0 | $18,000,000 |
| Gain Loss On Investment Securities | - | $6,000,000 | $-6,000,000 | $-18,000,000 |
| Earnings Losses From Equity Investments | - | - | - | $-2,000,000 |