v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 530 $ 545
Accounts receivable, net 1,077 873
Other receivables 75 67
Inventories 1,769 1,737
Prepaid expenses and other 346 236
Total current assets 3,797 3,458
Noncurrent Assets    
Property and equipment, net 1,411 1,409
Goodwill 4,845 4,779
Other intangibles, net 3,204 3,408
Other noncurrent assets 304 304
Total assets 13,561 13,358
Current Liabilities    
Accounts payable 427 368
Sales rebates and discounts 450 416
Current portion of long-term debt and finance lease liability 73 74
Other current liabilities 902 739
Total current liabilities 1,852 1,597
Noncurrent Liabilities    
Long-term debt and finance lease liability 3,845 3,943
Liability for sale of future revenue 315 304
Deferred taxes 410 382
Other noncurrent liabilities 551 585
Total liabilities 6,973 6,811
Commitments and Contingencies
Equity    
Preferred stock, 1,000,000,000 shares authorized, no par value; none issued 0 0
Common stock, no par value, 5,000,000,000 shares authorized, 499,549,698 and 496,975,154 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 8,878 8,870
Accumulated deficit (2,071) (2,182)
Accumulated other comprehensive loss (219) (141)
Total equity 6,588 6,547
Total liabilities and equity $ 13,561 $ 13,358