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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,249 $ 582
Restricted cash and other settlement deposits 1,211 1,537
Trade receivables, net 1,566 1,775
Inventories, net 1,045 993
Prepaid expenses and other current assets 765 720
Total current assets 5,836 5,607
Property, plant and equipment, net 1,579 1,598
Intangible assets, net 6,632 6,948
Goodwill 12,427 12,457
Deferred tax assets, net 2,282 2,252
Other non-current assets 334 340
Total assets 29,090 29,202
Current liabilities:    
Accounts payable 471 407
Accrued and other current liabilities 4,303 4,791
Total current liabilities 4,774 5,198
Acquisition-related contingent consideration 193 202
Non-current portion of long-term debt 23,168 22,654
Deferred tax liabilities, net 552 529
Other non-current liabilities 544 653
Total liabilities 29,231 29,236
Commitments and contingencies (Note 18)
Deficit    
Common shares, no par value, unlimited shares authorized, 361,331,665 and 359,405,748 issued and outstanding at March 31, 2022 and December 31, 2021, respectively 10,373 10,317
Additional paid-in capital 415 462
Accumulated deficit (9,030) (8,961)
Accumulated other comprehensive loss (1,974) (1,924)
Total Bausch Health Companies Inc. shareholders’ deficit (216) (106)
Noncontrolling interest 75 72
Total deficit (141) (34)
Total liabilities and deficit $ 29,090 $ 29,202