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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,073.6 $ 888.9
Trade accounts receivable, less allowance for credit losses of $20.7 and $30.5, respectively 331.9 301.7
Inventories, net 263.8 216.0
Prepaid expenses and other current assets 154.3 70.1
Current assets held for sale 12.2 113.9
Total current assets 1,835.8 1,590.6
Property, plant and equipment, net 264.1 274.6
Operating lease right-of-use assets 128.1 162.7
Other long-term assets 167.8 119.0
Goodwill 3,132.0 3,207.4
Other intangible assets, net 1,046.4 1,152.7
Noncurrent assets held for sale 0.0 369.0
Total assets 6,574.2 6,876.0
Current liabilities:    
Short-term debt 432.4 886.8
Trade accounts payable 185.8 202.5
Accrued expenses and other liabilities 562.3 467.8
Operating lease liabilities 23.7 31.1
Current liabilities held for sale 4.0 96.5
Total current liabilities 1,208.2 1,684.7
Operating lease liabilities 120.4 152.6
Other long-term liabilities 304.2 347.0
Long-term debt 883.4 907.7
Noncurrent liabilities held for sale 0.0 63.0
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, 15.0 million shares authorized; no shares issued or outstanding at December 31, 2021 and December 31, 2020 0.0 0.0
Common stock - $0.01 par value, 500.0 million shares authorized;162.0 million shares issued and 161.6 million shares outstanding at December 31, 2021; 160.2 million shares issued and 160.0 million outstanding at December 31, 2020 1.6 1.6
Additional paid-in capital 3,732.6 3,684.4
Retained earnings 466.9 126.4
Accumulated other comprehensive loss (143.5) (91.8)
Total Envista stockholders’ equity 4,057.6 3,720.6
Noncontrolling interests 0.4 0.4
Total stockholders’ equity 4,058.0 3,721.0
Total liabilities and stockholders’ equity $ 6,574.2 $ 6,876.0