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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 486 $ 582
Restricted cash and other settlement deposits 11 1,537
Trade receivables, net 1,739 1,775
Inventories, net 1,056 993
Prepaid expenses and other current assets 718 720
Total current assets 4,010 5,607
Property, plant and equipment, net 1,507 1,598
Intangible assets, net 6,024 6,948
Goodwill 12,044 12,457
Deferred tax assets, net 2,372 2,252
Other non-current assets 341 340
Total assets 26,298 29,202
Current liabilities:    
Accounts payable 486 407
Accrued and other current liabilities 2,934 4,791
Current portion of long-term debt 411 0
Total current liabilities 3,831 5,198
Acquisition-related contingent consideration 189 202
Non-current portion of long-term debt 20,804 22,654
Deferred tax liabilities, net 422 529
Other non-current liabilities 619 653
Total liabilities 25,865 29,236
Commitments and contingencies (Note 18)
Equity (Deficit)    
Common shares, no par value, unlimited shares authorized, 361,781,292 and 359,405,748 issued and outstanding at September 30, 2022 and December 31, 2021, respectively 10,387 10,317
Additional paid-in capital 129 462
Accumulated deficit (8,776) (8,961)
Accumulated other comprehensive loss (2,265) (1,924)
Total Bausch Health Companies Inc. shareholders’ deficit (525) (106)
Noncontrolling interest 958 72
Total equity (deficit) 433 (34)
Total liabilities and equity (deficit) $ 26,298 $ 29,202