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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 339 $ 438
Accounts and notes receivable-trade, net 747 673
Inventories, net 504 466
Prepaid expenses and other current assets 247 214
Total Current Assets 1,837 1,791
Property, plant and equipment, net 773 791
Operating lease right-of-use assets, net 193 176
Identifiable intangible assets, net 2,319 2,504
Goodwill, net 3,976 3,986
Other noncurrent assets 122 94
Total Assets 9,220 9,342
Current Liabilities:    
Accounts payable 268 305
Accrued liabilities 679 653
Income taxes payable 57 60
Notes payable and current portion of long-term debt 182 299
Total Current Liabilities 1,186 1,317
Long-term debt 1,913 1,978
Operating lease liabilities 145 130
Deferred income taxes 408 393
Other noncurrent liabilities 525 554
Total Liabilities 4,177 4,372
Commitments and contingencies (Note 22)
Equity:    
Preferred stock, $1.00 par value; 0.25 million shares authorized; no shares issued 0 0
Common stock, $.01 par value; 400.0 million shares authorized at December 31, 2021 and 2020; 264.5 million shares issued at December 31, 2021 and 2020; 217.4 million and 218.7 million shares outstanding at December 31, 2021 and 2020, respectively 3 3
Capital in excess of par value 6,606 6,604
Retained earnings 1,560 1,233
Accumulated other comprehensive loss (592) (464)
Treasury stock, at cost, 47.1 million and 45.8 million shares at December 31, 2021 and 2020, respectively (2,535) (2,409)
Total Dentsply Sirona Equity 5,042 4,967
Noncontrolling interests 1 3
Total Equity 5,043 4,970
Total Liabilities and Equity $ 9,220 $ 9,342