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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,014.6 $ 991.9
Accounts receivable, net 3,632.0 3,700.4
Inventories 3,823.2 3,469.7
Prepaid expenses and other current assets 1,933.3 2,028.1
Assets held for sale 2,520.4 2,786.0
Total current assets 12,923.5 12,976.1
Property, plant and equipment, net 2,708.2 2,759.6
Intangible assets, net 19,133.7 19,181.1
Goodwill 9,693.5 9,867.1
Deferred income tax benefit 653.2 692.9
Other assets 2,231.6 2,208.7
Total assets 47,343.7 47,685.5
Current liabilities:    
Accounts payable 2,196.9 1,938.2
Income taxes payable 148.4 226.8
Current portion of long-term debt and other long-term obligations 1,898.1 1,943.4
Liabilities held for sale 234.8 275.1
Other current liabilities 3,281.7 3,393.9
Total current liabilities 7,759.9 7,777.4
Long-term debt 16,072.5 16,188.1
Deferred income tax liability 1,671.9 1,735.7
Other long-term obligations 1,825.1 1,516.9
Total liabilities 27,329.4 27,218.1
Viatris Inc. shareholders’ equity    
Common stock: $0.01 par value, 3,000,000,000 shares authorized; shares issued: 1,230,891,074 and 1,221,994,491 as of March 31, 2024 and December 31, 2023 12.3 12.2
Additional paid-in capital 18,839.8 18,814.7
Retained earnings 4,607.5 4,639.7
Accumulated other comprehensive loss (2,941.0) (2,747.4)
Total Viatris Inc. equity, before treasury stock 20,518.6 20,719.2
Less: Treasury stock — at cost 504.3 251.8
Total equity 20,014.3 20,467.4
Total liabilities and equity $ 47,343.7 $ 47,685.5