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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 606.9 $ 1,073.6
Trade accounts receivable, less allowance for credit losses of $16.2 and $20.7, respectively 393.5 331.9
Inventories, net 300.8 263.8
Prepaid expenses and other current assets 123.4 154.3
Assets held for sale 0.0 12.2
Total current assets 1,424.6 1,835.8
Property, plant and equipment, net 293.6 264.1
Operating lease right-of-use assets 131.8 128.1
Other long-term assets 153.7 167.8
Goodwill 3,496.6 3,132.0
Other intangible assets, net 1,086.7 1,046.4
Total assets 6,587.0 6,574.2
Current liabilities:    
Short-term debt 510.0 432.4
Trade accounts payable 228.3 185.8
Accrued expenses and other liabilities 471.4 562.3
Operating lease liabilities 27.0 23.7
Liabilities held for sale 0.0 4.0
Total current liabilities 1,236.7 1,208.2
Operating lease liabilities 121.4 120.4
Other long-term liabilities 151.3 304.2
Long-term debt 870.7 883.4
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value, 15.0 million shares authorized; no shares issued or outstanding at December 31, 2022 and December 31, 2021 0.0 0.0
Common stock - $0.01 par value, 500.0 million shares authorized; 163.7 million shares issued and 163.2 million shares outstanding at December 31, 2022; 162.0 million shares issued and 161.6 million shares outstanding at December 31, 2021 1.6 1.6
Additional paid-in capital 3,699.0 3,732.6
Retained earnings 731.4 466.9
Accumulated other comprehensive loss (225.1) (143.5)
Total Envista stockholders’ equity 4,206.9 4,057.6
Noncontrolling interests 0.0 0.4
Total stockholders’ equity 4,206.9 4,058.0
Total liabilities and stockholders’ equity $ 6,587.0 $ 6,574.2