亚什兰 2026年季度报告

(Mark One) ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromtoCommission file number 333-211719 ASHLAND INC. (a Delaware corporation)I.R.S. No. 81-2587835 8145 Blazer DriveWilmington, Delaware 19808Telephone Number (302) 995-3000Securities Registered Pursuant to Section 12(b) of the Act: Indicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to filesuch reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☑No☐ Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorterperiod that the Registrant was required to submit such files).Yes☑No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”“smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large Accelerated FilerNon-Accelerated Filer Accelerated FilerSmaller Reporting CompanyEmerging Growth Company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☑ At March 31, 2026, there were 45,787,777 shares of Registrant’s Common Stock outstanding. ASHLAND INC. AND CONSOLIDATED SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS NOTE A – SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordancewith United States ("U.S.") generally accepted accounting principles for interim financial reporting ("U.S.GAAP") and U.S. Securities and Exchange Commission ("SEC") regulations. In the opinion of management, alladjustments considered necessary for a fair presentation have been included. These Condensed ConsolidatedFinancial Statements omit certain information and footnote disclosures required for complete annual financialstatements and, therefore, should be read in conjunction with the Ashland Inc. and consolidated subsidiaries("Ashland" or the "Company") Annual Report on Form 10-K for the fiscal year ended September 30, 2025,filed with the SEC on November 20, 2025. Results of operations for the three and six months ended March 31,2026, are not necessarily indicative of the expected results for the remainder of the fiscal year. Ashland is comprised of the following reportable segments: Life Sciences, Personal Care, Specialty Additivesand Intermediates. Unallocated and other includes corporate governance activities and certain legacy matters.For additional information about Ashland's reportable segments, see Note Q. Use of estimates, risks and uncertainties The preparation of the Condensed Consolidated Financial Statements in conformity with U.S. GAAP requiresmanagement to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenuesand expenses, and the disclosures of contingent assets and liabilities. Significant items that are subject to suchestimates and assumptions include, but are not limited to, environmental remediation, asbestos litigation,accounting for goodwill and other indefinite-lived intangible assets and income taxes. Although managementbases its estimates on historical experience and various other assumptions that are believed to be reasonableunder the circumstances, actual results could differ significantly from the estimates under different assumptionsor conditions. Ashland’s results are affected by domestic and international economic, political, legislative, regulatory andlegal actions. Economic conditions, such as recessionary trends, inflation, interest and monetary exchange rates,government fiscal policies and changes in the prices of certain key raw materials, can have a significant effecton operations. While Ashland maintains reserves for anticipated liabilities and carries various levels ofinsurance, Ashland could be affected by civil, criminal, regulatory or administrative actions, claims orproceedings relating to asbestos, environmental remediation, income taxes or other matters. New accounting pronouncements A description of