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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 318 $ 365
Accounts and notes receivables-trade, net 652 632
Inventories, net 659 627
Prepaid expenses and other current assets 314 269
Total Current Assets 1,943 1,893
Property, plant, and equipment, net 770 761
Operating lease right-of-use assets, net 191 200
Identifiable intangible assets, net 1,862 1,903
Goodwill 2,701 2,688
Other noncurrent assets 206 198
Total Assets 7,673 7,643
Current Liabilities:    
Accounts payable 267 279
Accrued liabilities 748 727
Income taxes payable 43 46
Notes payable and current portion of long-term debt 316 118
Total Current Liabilities 1,374 1,170
Long-term debt 1,842 1,826
Operating lease liabilities 144 149
Deferred income taxes 271 287
Other noncurrent liabilities 404 399
Total Liabilities 4,035 3,831
Commitments and contingencies (Note 14)
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, and 264.5 million shares issued at March 31, 2023 and December 31, 2022 212.5 million and 215.3 million shares outstanding at March 31, 2023 and December 31, 2022 3 3
Capital in excess of par value 6,604 6,629
Retained earnings 407 456
Accumulated other comprehensive loss (614) (628)
Treasury stock, at cost, 52.0 million and 49.3 million shares at March 31, 2023 and December 31, 2022, respectively (2,759) (2,649)
Total Dentsply Sirona Equity 3,641 3,811
Noncontrolling interests (3) 1
Total Equity 3,638 3,812
Total Liabilities and Equity $ 7,673 $ 7,643