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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Apr. 01, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,078.3 $ 1,073.6
Trade accounts receivable, less allowance for credit losses of $20.3 and $20.7, respectively 342.6 331.9
Inventories, net 280.4 263.8
Prepaid expenses and other current assets 197.4 154.3
Assets held for sale 10.2 12.2
Total current assets 1,908.9 1,835.8
Property, plant and equipment, net 264.2 264.1
Operating lease right-of-use assets 127.0 128.1
Other long-term assets 174.9 167.8
Goodwill 3,090.5 3,132.0
Other intangible assets, net 1,006.8 1,046.4
Total assets 6,572.3 6,574.2
Current liabilities:    
Short-term debt 507.8 432.4
Trade accounts payable 180.6 185.8
Accrued expenses and other liabilities 541.4 562.3
Operating lease liabilities 23.5 23.7
Liabilities held for sale 2.4 4.0
Total current liabilities 1,255.7 1,208.2
Operating lease liabilities 120.6 120.4
Other long-term liabilities 288.2 304.2
Long-term debt 876.9 883.4
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, 15.0 million shares authorized; no shares issued or outstanding at April 1, 2022 and December 31, 2021 0.0 0.0
Common stock - $0.01 par value, 500.0 million shares authorized;163.2 million shares issued and 162.6 million shares outstanding at April 1, 2022; 162.0 million shares issued and 161.6 million outstanding at December 31, 2021 1.6 1.6
Additional paid-in capital 3,667.9 3,732.6
Retained earnings 563.2 466.9
Accumulated other comprehensive loss (201.8) (143.5)
Total Envista stockholders’ equity 4,030.9 4,057.6
Noncontrolling interests 0.0 0.4
Total stockholders’ equity 4,030.9 4,058.0
Total liabilities and stockholders’ equity $ 6,572.3 $ 6,574.2