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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 642 $ 605
Restricted cash 1,214 1,211
Trade receivables, net 1,609 1,577
Inventories, net 1,086 1,094
Prepaid expenses and other current assets 899 855
Total current assets 5,450 5,342
Property, plant and equipment, net 1,590 1,567
Intangible assets, net 7,624 8,445
Goodwill 12,527 13,044
Deferred tax assets, net 2,255 2,137
Other non-current assets 596 664
Total assets 30,042 31,199
Current liabilities:    
Accounts payable 442 337
Accrued and other current liabilities 5,075 4,576
Total current liabilities 5,517 4,913
Acquisition-related contingent consideration 206 216
Non-current portion of long-term debt 23,439 23,925
Deferred tax liabilities, net 516 528
Other non-current liabilities 975 1,012
Total liabilities 30,653 30,594
Commitments and contingencies (Note 18)
(Deficit) Equity    
Common shares, no par value, unlimited shares authorized, 358,653,899 and 355,422,347 issued and outstanding at June 30, 2021 and December 31, 2020, respectively 10,300 10,227
Additional paid-in capital 413 454
Accumulated deficit (9,218) (8,013)
Accumulated other comprehensive loss (2,182) (2,133)
Total Bausch Health Companies Inc. shareholders’ (deficit) equity (687) 535
Noncontrolling interest 76 70
Total (deficit) equity (611) 605
Total liabilities and (deficit) equity $ 30,042 $ 31,199