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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 760 $ 564
Restricted cash 20 27
Trade receivables, net 1,948 1,790
Inventories, net 1,272 1,090
Prepaid expenses and other current assets 1,048 776
Total current assets 5,048 4,247
Property, plant and equipment, net 1,584 1,600
Intangible assets, net 6,728 5,800
Goodwill 11,187 11,547
Deferred tax assets, net 2,189 2,166
Other non-current assets 328 326
Total assets 27,064 25,686
Current liabilities:    
Accounts payable 569 521
Accrued and other current liabilities 3,119 2,988
Current portion of long-term debt 536 432
Total current liabilities 4,224 3,941
Acquisition-related contingent consideration 247 208
Non-current portion of long-term debt 21,894 20,334
Deferred tax liabilities, net 213 202
Other non-current liabilities 721 741
Total liabilities 27,299 25,426
Commitments and contingencies (Note 17)
(Deficit) Equity    
Common shares, no par value, unlimited shares authorized, 365,043,317 and 361,898,846 issued and outstanding at September 30, 2023 and December 31, 2022, respectively 10,420 10,391
Additional paid-in capital 190 159
Accumulated deficit (9,739) (9,186)
Accumulated other comprehensive loss (2,051) (2,056)
Total Bausch Health Companies Inc. shareholders’ deficit (1,180) (692)
Noncontrolling interest 945 952
Total (deficit) equity (235) 260
Total liabilities and (deficit) equity $ 27,064 $ 25,686