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CONSOLIDATED AND COMBINED STATEMENT OF EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Net Parent Investment
Beginning balance (in shares) at Dec. 30, 2017   0        
Beginning balance at Dec. 30, 2017 $ 1,257 $ 0 $ 0 $ 0 $ (42) $ 1,299
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income attributable to Covetrus 67         67
Net increase (decrease) in parent investment 260         260
Other comprehensive loss (31)       (31)  
Ending balance (in shares) at Sep. 30, 2018   0        
Ending balance at Sep. 30, 2018 1,556 $ 0 0 0 (73) 1,629
Beginning balance (in shares) at Jun. 30, 2018   0        
Beginning balance at Jun. 30, 2018 1,541 $ 0 0 0 (68) 1,609
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income attributable to Covetrus 16         16
Net increase (decrease) in parent investment 4         4
Other comprehensive loss (5)       (5)  
Ending balance (in shares) at Sep. 30, 2018   0        
Ending balance at Sep. 30, 2018 1,556 $ 0 0 0 (73) 1,629
Beginning balance (in shares) at Dec. 29, 2018   0        
Beginning balance at Dec. 29, 2018 1,493 $ 0 0 0 (83) 1,576
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income attributable to Covetrus [1] (929)     (939)   10
Dividend to Henry Schein (1,174)   (21)     (1,153)
Issuance of shares at Separation (including share sale investors) (in shares)   71,693,426        
Issuance of shares at Separation (including Share Sale investors) 1 $ 1 609     (609)
Issuance of shares in connection with the Acquisition (in shares) [2]   39,742,089        
Issuance of shares in connection with the Acquisition [2] 1,772   1,772      
Shares held in escrow expected to be canceled [3] (30)   (30)      
Net increase (decrease) in parent investment 176         176
Exercise of stock options (in shares)   618,758        
Exercise of stock options 4   4      
Share-based compensation 35   35      
Other comprehensive loss $ (19)       (19)  
Ending balance (in shares) at Sep. 30, 2019 112,054,273 112,054,273        
Ending balance at Sep. 30, 2019 $ 1,329 $ 1 2,369 (939) (102) 0
Beginning balance (in shares) at Jun. 30, 2019   111,932,491        
Beginning balance at Jun. 30, 2019 2,247 $ 1 2,357 (33) (78) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income attributable to Covetrus [1] (906)     (906)   0
Exercise of stock options (in shares)   121,782        
Exercise of stock options 2   2      
Share-based compensation 10   10      
Other comprehensive loss $ (24)       (24)  
Ending balance (in shares) at Sep. 30, 2019 112,054,273 112,054,273        
Ending balance at Sep. 30, 2019 $ 1,329 $ 1 $ 2,369 $ (939) $ (102) $ 0
[1] (a) Net income earned from January 1, 2019 through February 7, 2019 is attributed to the former parent as it was the sole shareholder prior to February 7, 2019 (b) See discussion in Note 3 - Business Acquisitions
[2] (b) See discussion in Note 3 - Business Acquisitions
[3] (a) Net income earned from January 1, 2019 through February 7, 2019 is attributed to the former parent as it was the sole shareholder prior to February 7, 2019