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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 25, 2022
Dec. 25, 2021
Current assets:    
Cash and cash equivalents $ 108 $ 118
Accounts receivable, net of reserves of $63 and $67 1,409 1,452
Inventories, net 1,823 1,861
Prepaid expenses and other 449 413
Total current assets 3,789 3,844
Property and equipment, net 356 366
Operating lease right-of-use assets 327 325
Goodwill 2,833 2,854
Other intangibles, net 603 668
Investments and other 416 424
Total assets 8,324 8,481
Current liabilities:    
Accounts payable 901 1,054
Bank credit lines 85 51
Current maturities of long-term debt 4 11
Operating lease liabilities 74 76
Accrued expenses:    
Payroll and related 328 385
Taxes 124 137
Other 560 593
Total current liabilities 2,076 2,307
Long-term debt 769 811
Deferred income taxes 33 42
Operating lease liabilities 276 268
Other liabilities 357 377
Total liabilities 3,511 3,805
Redeemable noncontrolling interests 586 613
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $.01 par value, 1,000,000 shares authorized, none outstanding 0 0
Common stock, $0.01 par value, 480,000,000 shares authorized, 136,439,560 outstanding on June 25, 2022 and 137,145,558 outstanding on December 25, 2021 1 1
Additional paid-in capital 0 0
Retained earnings 3,834 3,595
Accumulated other comprehensive loss (241) (171)
Total Henry Schein, Inc. stockholders' equity 3,594 3,425
Noncontrolling interests 633 638
Total stockholders' equity 4,227 4,063
Total liabilities, redeemable noncontrolling interests and stockholders' equity $ 8,324 $ 8,481