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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 506.6 $ 1,259.9
Accounts receivable, net 3,497.5 3,814.5
Inventories 3,664.3 3,519.5
Prepaid expenses and other current assets 1,763.6 1,811.2
Assets held for sale 198.3 230.3
Total current assets 9,630.3 10,635.4
Property, plant and equipment, net 3,007.8 3,024.5
Intangible assets, net 22,701.6 22,607.1
Goodwill 10,573.2 10,425.8
Deferred income tax benefit 959.1 925.9
Other assets 2,418.2 2,403.5
Total assets 49,290.2 50,022.2
Current liabilities:    
Accounts payable 1,957.5 1,766.6
Short-term borrowings 204.6 0.0
Income taxes payable 244.5 279.6
Current portion of long-term debt and other long-term obligations 508.7 1,259.1
Other current liabilities 3,192.8 3,440.9
Total current liabilities 6,108.1 6,746.2
Long-term debt 18,069.4 18,015.2
Deferred income tax liability 2,465.0 2,432.0
Other long-term obligations 1,719.8 1,756.5
Total liabilities 28,362.3 28,949.9
Viatris Inc. shareholders’ equity    
Common stock: $0.01 par value, 3,000,000,000 shares authorized; shares issued: 1,220,224,204 and 1,213,793,231, respectively 12.2 12.1
Additional paid-in capital 18,679.6 18,645.8
Retained earnings 5,252.5 5,175.6
Accumulated other comprehensive loss (2,764.6) (2,761.2)
Total Viatris Inc. equity, before treasury stock 21,179.7 21,072.3
Less: Treasury stock — at cost 251.8 0.0
Total equity 20,927.9 21,072.3
Total liabilities and equity $ 49,290.2 $ 50,022.2