v3.26.1
Supplemental Equity and Comprehensive Income Information
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Supplemental Equity and Comprehensive Income Information Supplemental Equity and Comprehensive Income Information
Share Repurchase Program
In November 2025, Solventum's Board of Directors approved a share repurchase program, which authorizes the Company to purchase up to $1 billion of the Company's outstanding common stock. Under this program, the Company repurchased 3.9 million and 4.8 million shares of its common stock for total consideration of approximately $288 million and $355 million through open market repurchases during the three and six months ended June 30, 2026, respectively. There were no repurchases made under this program in 2025.

Changes in Accumulated Other Comprehensive Income (Loss) by Component
The table below presents the changes in accumulated other comprehensive income (loss) (“AOCI”), including the reclassifications out of AOCI by component:
Three months ended June 30, 2026
(Millions)Cumulative Translation AdjustmentDefined Benefit Pension and Postretirement PlansCash Flow HedgingTotal Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2026, net of tax:$(193)$(477)$(1)$(670)
Other comprehensive income (loss), before tax:
Amount of gain (loss) recognized in AOCI(17)— 3 (14)
Amount of gain (loss) reclassified from AOCI— 16 3 18 
Total other comprehensive income (loss), before tax(17)16 6 4 
Tax effect3 (4)(1)(2)
Total other comprehensive income (loss), net of tax(14)12 4 2 
Balance at June 30, 2026, net of tax:
$(207)$(465)$3 $(669)
Three months ended June 30, 2025
(Millions)Cumulative Translation AdjustmentDefined Benefit Pension and Postretirement PlansCash Flow HedgingTotal Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2025, net of tax:$(396)$(512)$9 $(899)
Other comprehensive income (loss), before tax:
Amount of gain (loss) recognized in AOCI267 — (32)235 
Amount of gain (loss) reclassified from AOCI— 16 (4)12 
Total other comprehensive income (loss), before tax267 16 (36)247 
Tax effect17 (4)8 21 
Total other comprehensive income (loss), net of tax284 12 (28)268 
Balance at June 30, 2025, net of tax:
$(112)$(500)$(19)$(631)
Six months ended June 30, 2026
(Millions)Cumulative Translation AdjustmentDefined Benefit Pension and Postretirement PlansCash Flow HedgingTotal Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2025, net of tax:$(130)$(488)$(8)$(625)
Other comprehensive income (loss), before tax:
Amount of gain (loss) recognized in AOCI(72)— 10 (62)
Amount of gain (loss) reclassified from AOCI— 31 4 35 
Total other comprehensive income (loss), before tax(72)31 15 (26)
Tax effect(6)(8)(3)(17)
Total other comprehensive income (loss), net of tax(78)23 11 (43)
Balance at June 30, 2026, net of tax:
$(207)$(465)$3 $(669)
Six months ended June 30, 2025
(Millions)Cumulative Translation AdjustmentDefined Benefit Pension and Postretirement PlansCash Flow HedgingTotal Accumulated Other Comprehensive Income (Loss)
Balance at December 31, 2024, net of tax:$(550)$(526)$20 $(1,056)
Other comprehensive income (loss), before tax:
Amount of gain (loss) recognized in AOCI418 — (43)375 
Amount of gain (loss) reclassified from AOCI— 35 (7)28 
Total other comprehensive income (loss), before tax418 35 (50)403 
Tax effect20 (9)11 22 
Total other comprehensive income (loss), net of tax438 26 (39)425 
Balance at June 30, 2025, net of tax:
$(112)$(500)$(19)$(631)
Additional details on the amounts reclassified from AOCI into consolidated income include:
•Defined benefit pension and postretirement plans: amounts were reclassified into other expense (income), net (see Note 10).
•Cash flow hedging: foreign currency forward contract amounts were reclassified into cost of sales (see Note 11).
•The tax effects, if applicable, associated with these reclassifications were reflected in provision for (benefit from) income taxes.