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Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Mar. 31, 2022
Jun. 30, 2021
Current assets:    
Cash and equivalents $ 2,356 $ 3,407
Trade receivables, net 10,250 9,103
Inventories, net 15,493 14,594
Prepaid expenses and other 2,785 2,843
Total assets held for sale 0 1,101
Total current assets 30,884 31,048
Property and equipment, net 2,298 2,360
Goodwill and other intangibles, net 8,022 10,094
Other assets 907 951
Total assets 42,111 44,453
Current liabilities:    
Accounts payable 24,821 23,700
Current portion of long-term obligations and other short-term borrowings 861 871
Other accrued liabilities 3,033 2,957
Disposal Group, Including Discontinued Operation, Liabilities 0 96
Total current liabilities 28,715 27,624
Long-term obligations, less current portion 4,751 5,365
Deferred income taxes and other liabilities 9,338 9,670
Preferred shares, without par value:    
Authorized—500 thousand shares, Issued—none 0 0
Common shares, without par value:    
Authorized—755 million shares, Issued—327 million shares at March 31, 2022 and June 30, 2021 2,761 2,806
Retained earnings/(accumulated deficit) (281) 1,205
Common shares in treasury, at cost: 54 million shares and 36 million shares at March 31, 2022 and June 30, 2021, respectively (3,100) (2,186)
Accumulated other comprehensive loss (77) (34)
Total Cardinal Health, Inc. shareholders' equity (697) 1,791
Noncontrolling interests 4 3
Total shareholders’ equity/(deficit) (693) 1,794
Total liabilities and shareholders’ equity/(deficit) $ 42,111 $ 44,453
Preferred shares, authorized 500 500
Preferred shares, issued 0 0
Common shares, authorized 755,000 755,000
Common shares, issued 327,000 327,000
Common shares in treasury 54,000 36,000