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CONSOLIDATED AND COMBINED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Net Former Parent Investment
Common stock, shares beginning balance (in shares) at Dec. 31, 2016   0        
Common stock, shares beginning balance at Dec. 31, 2016 $ 1,120 $ 0 $ 0 $ 0 $ (102) $ 1,222
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income attributable to Covetrus 64         64
Other comprehensive income (loss) 60       60  
Net increase in former parent investment 13         13
Common stock, shares outstanding (in shares) at Dec. 30, 2017   0        
Common stock, shares ending 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 101         101
Other comprehensive income (loss) (40)       (40)  
Net increase in former parent investment 174         174
Common stock, shares outstanding (in shares) at Dec. 29, 2018   0        
Common stock, shares ending balance at Dec. 29, 2018 1,494 $ 0 0 0 (82) 1,576
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income attributable to Covetrus [1] (1,019)     (1,040)   21
Dividend to former parent (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) 0 $ 1 608     (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 canceled (in shares) [2]   (700,400)        
Shares canceled (30)   (30) [2]      
Issuance of shares in connection with share-based compensation plans (in shares)   885,392        
Issuance of shares in connection with share-based compensation plans 5   5      
Share-based compensation 46   46      
Deferred tax impact of acquisition of non-controlling interest (7)         (7)
Other comprehensive income (loss) (4)       (4)  
Net increase in former parent investment 172 [2]         172
Other $ 1   1 0    
Common stock, shares outstanding (in shares) at Dec. 31, 2019 111,620,507 111,620,507        
Common stock, shares ending balance at Dec. 31, 2019 $ 1,256 $ 1 2,381 (1,040) (86) 0
Common stock, shares beginning balance at Sep. 30, 2019 1,276          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net (loss) income attributable to Covetrus $ (37)          
Common stock, shares outstanding (in shares) at Dec. 31, 2019 111,620,507 111,620,507        
Common stock, shares ending balance at Dec. 31, 2019 $ 1,256 $ 1 $ 2,381 $ (1,040) $ (86) $ 0
[1] 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
[2] See Note 2 - Business Acquisitions