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Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Dec. 31, 2021
Jun. 30, 2021
Current assets:    
Cash and equivalents $ 3,161 $ 3,407
Trade receivables, net 9,406 9,103
Inventories, net 14,941 14,594
Prepaid expenses and other 4,339 2,843
Total assets held for sale 0 1,101
Total current assets 31,847 31,048
Property and equipment, net 2,321 2,360
Goodwill and other intangibles, net 8,599 10,094
Other assets 913 951
Total assets 43,680 44,453
Current liabilities:    
Accounts payable 24,759 23,700
Current portion of long-term obligations and other short-term borrowings 301 871
Other accrued liabilities 2,669 2,957
Disposal Group, Including Discontinued Operation, Liabilities 0 96
Total current liabilities 27,729 27,624
Long-term obligations, less current portion 5,342 5,365
Deferred income taxes and other liabilities 9,607 9,670
Preferred shares, without par value:    
Authorized—500 thousand shares, Issued—none 0 0
Common shares, without par value:    
Authorized—755 million shares, Issued—327 million shares at December 31, 2021 and June 30, 2021 2,721 2,806
Retained earnings 1,245 1,205
Common shares in treasury, at cost: 50 million shares and 36 million shares at December 31, 2021 and June 30, 2021, respectively (2,883) (2,186)
Accumulated other comprehensive loss (85) (34)
Total Cardinal Health, Inc. shareholders' equity 998 1,791
Noncontrolling interests 4 3
Total shareholders’ equity 1,002 1,794
Total liabilities and shareholders’ equity $ 43,680 $ 44,453
Preferred shares, authorized 500 500
Preferred shares, issued 0 0
Common shares, authorized 755,000 755,000
Common shares, issued 327,000 327,000
Common shares in treasury 50,000 36,000