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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Jun. 30, 2022
Current assets:    
Cash and equivalents $ 4,043 $ 4,717
Trade receivables, net 11,344 10,561
Inventories, net 15,940 15,636
Prepaid expenses and other 2,362 2,021
Assets held for sale 144 0
Total current assets 33,833 32,935
Property and equipment, net 2,462 2,361
Goodwill and other intangibles, net 6,081 7,629
Other assets 1,041 953
Total assets 43,417 43,878
Current liabilities:    
Accounts payable 29,813 27,128
Current portion of long-term obligations and other short-term borrowings 792 580
Other accrued liabilities 3,059 2,842
Liabilities related to assets held for sale 42 0
Total current liabilities 33,706 30,550
Long-term obligations, less current portion 3,909 4,735
Deferred income taxes and other liabilities 8,653 9,299
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 June 30, 2023 and 2022 2,747 2,813
Accumulated deficit $ (534) $ (280)
Common shares in treasury 76,000,000 54,000,000
Common shares in treasury, at cost: 76 million shares and 54 million shares at June 30, 2023 and 2022, respectively $ (4,914) $ (3,128)
Accumulated other comprehensive loss (151) (114)
Total Cardinal Health, Inc. shareholders' deficit (2,852) (709)
Noncontrolling interests 1 3
Total shareholders’ deficit (2,851) (706)
Total liabilities and shareholders’ deficit $ 43,417 $ 43,878
Preferred shares, authorized 500,000 500,000
Preferred shares, issued 0 0
Common shares, authorized 755,000,000 755,000,000
Common shares, issued 327,000,000 327,000,000