CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 564	$ 582
Restricted cash and other settlement deposits	27	1,537
Trade receivables, net	1,790	1,775
Inventories, net	1,090	993
Prepaid expenses and other current assets	776	720
Total current assets	4,247	5,607
Property, plant and equipment, net	1,600	1,598
Intangible assets, net	5,800	6,948
Goodwill	11,547	12,457
Deferred tax assets, net	2,166	2,252
Other non-current assets	326	340
Total assets	25,686	29,202
Current liabilities:
Accounts payable	521	407
Accrued and other current liabilities	2,988	4,791
Current portion of long-term debt	432	0
Total current liabilities	3,941	5,198
Acquisition-related contingent consideration	208	202
Non-current portion of long-term debt	20,334	22,654
Deferred tax liabilities, net	202	529
Other non-current liabilities	741	653
Total liabilities	25,426	29,236
Commitments and contingencies (Notes 20 and 21)
Equity (Deficit)
Common shares, no par value, unlimited shares authorized, 361,898,846 and 359,405,748 issued and outstanding at December 31, 2022 and 2021, respectively	10,391	10,317
Additional paid-in capital	159	462
Accumulated deficit	(9,186)	(8,961)
Accumulated other comprehensive loss	(2,056)	(1,924)
Total Bausch Health Companies Inc. shareholders’ deficit	(692)	(106)
Noncontrolling interest	952	72
Total equity (deficit)	260	(34)
Total liabilities and equity (deficit)	$ 25,686	$ 29,202