SOLV · 10-Q · 2026Q2 · Full report

Liquidity and Debt Position

Solventum Corp · 2026-08-05 · Importance 54 · Surprise 14 · From source text

Total debt was $5,079 million at June 30, 2026, compared with $5,035 million at December 31, 2025. Long-term debt excluding current maturities was $4,573 million at June 30, 2026, down from $5,035 million at year-end 2025. The debt portfolio included $5.0 billion of senior notes with maturities ranging from 2027 through 2064, and Solventum remained in compliance with all senior-note covenants. No amounts were outstanding under the $2.0 billion revolving credit facility, and no commercial paper was outstanding at June 30, 2026.

Key facts

• Five-year senior unsecured revolving credit facility committed amount: $2.0 billion expiring in 2029; at June 30, 2026 there were no amounts outstanding under this facility. source
• On March 4, 2024, the Company entered into a commercial paper program that allows it to issue up to $2.0 billion aggregate principal amount of short-term notes maturing within 364 days, and there was no commercial paper outstanding as of June 30, 2026 or December 31, 2025. source
• Total current liabilities as of June 30, 2026: $3,663 million, up from $3,136 million at December 31, 2025. source
• Long-term debt as of June 30, 2026 (excluding current portion): $4,573 million, down from $5,035 million at December 31, 2025. source
• Total liabilities as of June 30, 2026: $9,443 million, up from $9,245 million at December 31, 2025. source
• At June 30, 2026, carrying value of total debt: $5,079 million, compared to $5,035 million at December 31, 2025. source
• The Company had approximately $93 million and $82 million in bank guarantees, surety bonds, and other similar instruments issued and outstanding at June 30, 2026 and December 31, 2025, respectively. source
• In the first six months of 2026, the increase in cash used in financing activities was partially offset by proceeds from debt issuance. source

Impact estimates