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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 3,243 $ 721
Restricted cash 1 2
Trade receivables, net 1,839 1,865
Inventories, net 1,107 934
Prepaid expenses and other current assets 779 689
Total current assets 6,969 4,211
Property, plant and equipment, net 1,466 1,353
Intangible assets, net 10,201 12,001
Goodwill 13,126 13,142
Deferred tax assets, net 1,690 1,676
Other non-current assets 411 109
Total assets 33,863 32,492
Current liabilities:    
Accounts payable 503 411
Accrued and other current liabilities 4,511 3,197
Current portion of long-term debt and other 1,234 228
Total current liabilities 6,248 3,836
Acquisition-related contingent consideration 262 298
Non-current portion of long-term debt 24,661 24,077
Deferred tax liabilities, net 705 885
Other non-current liabilities 851 581
Total liabilities 32,727 29,677
Commitments and contingencies (Notes 21 and 22)
Equity    
Common shares, no par value, unlimited shares authorized, 352,562,636 and 349,871,102 issued and outstanding at December 31, 2019 and 2018, respectively 10,172 10,121
Additional paid-in capital 429 413
Accumulated deficit (7,452) (5,664)
Accumulated other comprehensive loss (2,086) (2,137)
Total Bausch Health Companies Inc. shareholders’ equity 1,063 2,733
Noncontrolling interest 73 82
Total equity 1,136 2,815
Total liabilities and equity $ 33,863 $ 32,492