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Solutia Reports First Quarter 2009 Results
Date:5/6/2009

Property, Plant and Equipment, net of accumulated depreciation of $72 in 2009 and $56 in 2008 917 952 Goodwill 511 511 Identified Intangible Assets, net 805 823 Other Assets 158 163 --- --- Total Assets $3,438 $3,734 ====== ====== LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities: Accounts payable $119 $170 Accrued liabilities 243 259 Short-term debt, including current portion of long-term debt 39 37 Liabilities of discontinued operations 364 302 --- --- Total Current Liabilities 765 768 Long-Term Debt 1,310 1,359 Postretirement Liabilities 455 465 Environmental Remediation Liabilities 274 279 Deferred Tax Liabilities 173 202 Other Liabilities 119 132 Commitments and Contingencies (Note 9) Shareholders' Equity: Common stock at $0.01 par value; (500,000,000 shares authorized, 94,518,392 and 94,392,772 shares issued in 2009 and 2008, respectively) 1 1 Additional contributed capital 1,480 1,474 Treasury shares, at cost (226,621 in 2009
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