XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 579 $ 564
Restricted cash 9 27
Trade receivables, net 1,743 1,790
Inventories, net 1,240 1,090
Prepaid expenses and other current assets 890 776
Total current assets 4,461 4,247
Property, plant and equipment, net 1,599 1,600
Intangible assets, net 5,299 5,800
Goodwill 11,628 11,547
Deferred tax assets, net 2,191 2,166
Other non-current assets 325 326
Total assets 25,503 25,686
Current liabilities:    
Accounts payable 515 521
Accrued and other current liabilities 3,008 2,988
Current portion of long-term debt 444 432
Total current liabilities 3,967 3,941
Acquisition-related contingent consideration 197 208
Non-current portion of long-term debt 20,108 20,334
Deferred tax liabilities, net 215 202
Other non-current liabilities 745 741
Total liabilities 25,232 25,426
Commitments and contingencies (Note 17)
Equity    
Common shares, no par value, unlimited shares authorized, 364,063,514 and 361,898,846 issued and outstanding at June 30, 2023 and December 31, 2022, respectively 10,412 10,391
Additional paid-in capital 188 159
Accumulated deficit (9,361) (9,186)
Accumulated other comprehensive loss (1,902) (2,056)
Total Bausch Health Companies Inc. shareholders’ deficit (663) (692)
Noncontrolling interest 934 952
Total equity 271 260
Total liabilities and equity $ 25,503 $ 25,686