XML 16 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 29, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 127 $ 122
Accounts receivable, net of allowance for credit losses of $81 and $78 [1] 1,578 1,482
Inventories, net 1,842 1,810
Prepaid expenses and other 490 569
Total current assets 4,037 3,983
Property and equipment, net 556 531
Operating lease right-of-use assets 294 293
Goodwill 3,956 3,887
Other intangibles, net 1,028 1,023
Investments and other 609 501
Total assets 10,480 10,218
Current liabilities:    
Accounts payable 908 962
Bank credit lines 867 650
Current maturities of long-term debt 56 56
Operating lease liabilities 77 75
Accrued expenses:    
Payroll and related 243 303
Taxes 160 139
Other 606 618
Total current liabilities 2,917 2,803
Long-term debt [1] 1,968 1,830
Deferred income taxes 135 102
Operating lease liabilities 256 259
Other liabilities 485 387
Total liabilities 5,761 5,381
Redeemable noncontrolling interests 765 806
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none outstanding 0 0
Common stock, $0.01 par value, 480,000,000 shares authorized,122,243,683 outstanding on March 29, 2025 and 124,155,884 outstanding on December 28, 2024 1 1
Additional paid-in capital 0 0
Retained earnings 3,626 3,771
Accumulated other comprehensive loss (317) (379)
Total Henry Schein, Inc. stockholders' equity 3,310 3,393
Noncontrolling interests 644 638
Total stockholders' equity 3,954 4,031
Total liabilities, redeemable noncontrolling interests and stockholders' equity $ 10,480 $ 10,218
[1]
Amounts presented include balances held by our consolidated variable interest entity (“VIE”).
 
At March 29, 2025 and December
28, 2024, includes trade accounts receivable of $
471
 
million and $
241
 
million, respectively, and long-term debt of $
300
 
million and
$
150
 
million, respectively.