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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 568.5 $ 1,073.6
Trade accounts receivable, less allowance for credit losses of $16.8 and $20.7, respectively 392.2 331.9
Inventories, net 291.3 263.8
Prepaid expenses and other current assets 114.0 154.3
Assets held for sale 0.0 12.2
Total current assets 1,366.0 1,835.8
Property, plant and equipment, net 277.2 264.1
Operating lease right-of-use assets 132.1 128.1
Other long-term assets 173.2 167.8
Goodwill 3,399.6 3,132.0
Other intangible assets, net 1,063.8 1,046.4
Total assets 6,411.9 6,574.2
Current liabilities:    
Short-term debt 579.3 432.4
Trade accounts payable 190.0 185.8
Accrued expenses and other liabilities 462.5 562.3
Operating lease liabilities 26.5 23.7
Liabilities held for sale 0.0 4.0
Total current liabilities 1,258.3 1,208.2
Operating lease liabilities 123.4 120.4
Other long-term liabilities 220.7 304.2
Long-term debt 851.6 883.4
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, 15.0 million shares authorized; no shares issued or outstanding at September 30, 2022 and December 31, 2021 0.0 0.0
Common stock - $0.01 par value, 500.0 million shares authorized; 163.6 million shares issued and 163.0 million shares outstanding at September 30, 2022; 162.0 million shares issued and 161.6 million outstanding at December 31, 2021 1.6 1.6
Additional paid-in capital 3,689.6 3,732.6
Retained earnings 657.9 466.9
Accumulated other comprehensive loss (391.2) (143.5)
Total Envista stockholders’ equity 3,957.9 4,057.6
Noncontrolling interests 0.0 0.4
Total stockholders’ equity 3,957.9 4,058.0
Total liabilities and stockholders’ equity $ 6,411.9 $ 6,574.2