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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 365 $ 339
Accounts and notes receivable-trade, net 632 750
Inventories, net 627 515
Prepaid expenses and other current assets 269 248
Total Current Assets 1,893 1,852
Property, plant and equipment, net 761 773
Operating lease right-of-use assets, net 200 198
Identifiable intangible assets, net 1,903 2,319
Goodwill, net 2,688 3,976
Other noncurrent assets 198 121
Total Assets 7,643 9,239
Current Liabilities:    
Accounts payable 279 262
Accrued liabilities 727 760
Income taxes payable 46 57
Notes payable and current portion of long-term debt 118 182
Total Current Liabilities 1,170 1,261
Long-term debt 1,826 1,913
Operating lease liabilities 149 149
Deferred income taxes 287 391
Other noncurrent liabilities 399 528
Total Liabilities 3,831 4,242
Commitments and contingencies (Note 22)
Equity:    
Preferred stock, $1.00 par value; 0.25 million shares authorized; no shares issued 0 0
Common stock, $0.01 par value; 400.0 million shares authorized at December 31, 2022 and 2021 264.5 million shares issued at December 31, 2022 and 2021 217.4 million and 217.4 million shares outstanding at December 31, 2022 and 2021, respectively 3 3
Capital in excess of par value 6,629 6,606
Retained earnings 456 1,514
Accumulated other comprehensive loss (628) (592)
Treasury stock, at cost, 49.3 million and 47.1 million shares at December 31, 2022 and 2021, respectively (2,649) (2,535)
Total Dentsply Sirona Equity 3,811 4,996
Noncontrolling interests 1 1
Total Equity 3,812 4,997
Total Liabilities and Equity $ 7,643 $ 9,239