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Condensed Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Millions
Dec. 31, 2025
Jun. 30, 2025
Current assets:    
Cash and equivalents $ 2,777 $ 3,874
Trade receivables, net 13,662 13,242
Inventories, net 20,116 16,831
Prepaid expenses and other 2,675 2,414
Assets held for sale 0 12
Total current assets 39,230 36,373
Property and equipment, net 2,877 2,858
Goodwill and other intangibles, net 13,978 12,177
Other assets 1,998 1,714
Total assets 58,083 53,122
Current liabilities:    
Accounts payable 38,996 34,713
Current portion of long-term obligations and other short-term borrowings 680 550
Other accrued liabilities 3,638 3,634
Total current liabilities 43,314 38,897
Long-term obligations, less current portion 8,347 7,977
Deferred income taxes and other liabilities 9,122 8,882
Preferred shares, without par value:    
Authorized—500 thousand shares, Issued—none 0 0
Common shares, without par value:    
Authorized—755 million shares, Issued—271 million shares at December 31, 2025 and June 30, 2025 2,847 2,956
Retained earnings 1,455 783
Common shares in treasury, at cost: 35 million shares and 32 million shares at December 31, 2025 and June 30, 2025, respectively (7,033) (6,365)
Accumulated other comprehensive loss (153) (155)
Total Cardinal Health, Inc. shareholders' deficit (2,884) (2,781)
Noncontrolling interests 184 147
Total shareholders’ deficit (2,700) (2,634)
Total liabilities and shareholders’ deficit $ 58,083 $ 53,122
Preferred shares, authorized 500 500
Preferred shares, issued 0 0
Common shares, authorized 755,000 755,000
Common shares, issued 271,000  
Common shares in treasury 35,000 32,000