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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 01, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 523.1 $ 1,073.6
Trade accounts receivable, less allowance for credit losses of $19.6 and $20.7, respectively 372.8 331.9
Inventories, net 286.0 263.8
Prepaid expenses and other current assets 202.3 154.3
Assets held for sale 4.1 12.2
Total current assets 1,388.3 1,835.8
Property, plant and equipment, net 264.1 264.1
Operating lease right-of-use assets 130.5 128.1
Other long-term assets 212.4 167.8
Goodwill 3,389.7 3,132.0
Other intangible assets, net 1,076.0 1,046.4
Total assets 6,461.0 6,574.2
Current liabilities:    
Short-term debt 508.6 432.4
Trade accounts payable 182.7 185.8
Accrued expenses and other liabilities 539.4 562.3
Operating lease liabilities 23.8 23.7
Liabilities held for sale 1.7 4.0
Total current liabilities 1,256.2 1,208.2
Operating lease liabilities 123.4 120.4
Other long-term liabilities 201.3 304.2
Long-term debt 864.1 883.4
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, 15.0 million shares authorized; no shares issued or outstanding at July 1, 2022 and December 31, 2021 0.0 0.0
Common stock - $0.01 par value, 500.0 million shares authorized; 163.3 million shares issued and 162.8 million shares outstanding at July 1, 2022; 162.0 million shares issued and 161.6 million outstanding at December 31, 2021 1.6 1.6
Additional paid-in capital 3,678.4 3,732.6
Retained earnings 610.3 466.9
Accumulated other comprehensive loss (274.3) (143.5)
Total Envista stockholders’ equity 4,016.0 4,057.6
Noncontrolling interests 0.0 0.4
Total stockholders’ equity 4,016.0 4,058.0
Total liabilities and stockholders’ equity $ 6,461.0 $ 6,574.2