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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 679 $ 605
Restricted cash 1,214 1,211
Trade receivables, net 1,499 1,577
Inventories, net 1,076 1,094
Prepaid expenses and other current assets 924 855
Total current assets 5,392 5,342
Property, plant and equipment, net 1,556 1,567
Intangible assets, net 7,997 8,445
Goodwill 12,485 13,044
Deferred tax assets, net 2,150 2,137
Other non-current assets 617 664
Total assets 30,197 31,199
Current liabilities:    
Accounts payable 342 337
Accrued and other current liabilities 4,556 4,576
Total current liabilities 4,898 4,913
Acquisition-related contingent consideration 202 216
Non-current portion of long-term debt 23,738 23,925
Deferred tax liabilities, net 520 528
Other non-current liabilities 963 1,012
Total liabilities 30,321 30,594
Commitments and contingencies (Note 18)
(Deficit) Equity    
Common shares, no par value, unlimited shares authorized, 358,104,438 and 355,422,347 issued and outstanding at March 31, 2021 and December 31, 2020, respectively 10,289 10,227
Additional paid-in capital 393 454
Accumulated deficit (8,623) (8,013)
Accumulated other comprehensive loss (2,256) (2,133)
Total Bausch Health Companies Inc. shareholders’ (deficit) equity (197) 535
Noncontrolling interest 73 70
Total (deficit) equity (124) 605
Total liabilities and (deficit) equity $ 30,197 $ 31,199