CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 576.3	$ 600.3
Trade receivables, net	1,706.2	1,676.4
Inventories, net	953.4	883.0
Prepaid expenses and other current assets	369.9	343.4
Assets held for sale	29.0	15.9
Deferred tax assets, net	315.3	366.9
Total current assets	3,950.1	3,885.9
Property, plant and equipment, net	1,215.0	1,234.2
Intangible assets, net	12,701.7	12,848.2
Goodwill	9,915.9	9,752.1
Deferred tax assets, net	20.4	54.9
Other long-term assets, net	185.9	195.5
Total assets	27,989.0	27,970.8
Current liabilities:
Accounts payable	392.3	327.0
Accrued and other current liabilities	1,801.5	1,800.2
Acquisition-related contingent consideration	119.5	114.5
Current portion of long-term debt	238.9	204.8
Deferred tax liabilities, net	10.8	66.0
Total current liabilities	2,563.0	2,512.5
Acquisition-related contingent consideration	257.0	241.3
Long-term debt	17,148.0	17,162.9
Pension and other benefit liabilities	169.0	172.0
Liabilities for uncertain tax positions	98.6	169.1
Deferred tax liabilities, net	2,319.9	2,319.2
Other long-term liabilities	230.0	160.5
Total liabilities	22,785.5	22,737.5
Commitments and contingencies (note 16)
Equity
Common shares, no par value, unlimited shares authorized, 333,520,028 and 333,036,637 issued and outstanding at March 31, 2014 and December 31, 2013, respectively	8,316.2	8,301.2
Additional paid-in capital	214.5	228.8
Accumulated deficit	(3,301.1)	(3,278.5)
Accumulated other comprehensive loss	(140.0)	(132.8)
Total Valeant Pharmaceuticals International, Inc. shareholders’ equity	5,089.6	5,118.7
Noncontrolling interest	113.9	114.6
Total equity	5,203.5	5,233.3
Total liabilities and equity	$ 27,989.0	$ 27,970.8