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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,743 $ 2,177
Accounts receivables, net of allowance for credit losses of $119 million and $126 million as of March 31, 2021 and December 31, 2020 4,572 4,581
Inventories 4,406 4,403
Prepaid expenses 942 945
Other current assets 652 710
Assets held for sale 87 189
Total current assets 12,401 13,005
Deferred income taxes 691 695
Other non-current assets 524 538
Property, plant and equipment, net 6,112 6,296
Operating lease right-of-use assets 529 559
Identifiable intangible assets, net 8,445 8,923
Goodwill [1] 20,302 20,624
Total assets 49,004 50,640
Current liabilities:    
Short-term debt 2,697 3,188
Sales reserves and allowances 4,584 4,824
Accounts payables 1,692 1,756
Employee-related obligations 526 685
Accrued expenses 1,851 1,780
Other current liabilities 739 933
Total current liabilities 12,089 13,164
Long-term liabilities:    
Deferred income taxes 991 964
Other taxes and long-term liabilities 2,220 2,240
Senior notes and loans 22,288 22,731
Operating lease liabilities 441 479
Total long-term liabilities 25,940 26,414
Commitments and contingencies, see note 10
Total liabilities 38,029 39,579
Teva shareholders' equity:    
Ordinary shares of NIS 0.10 par value per share; March 31, 2021 and December 31, 2020: authorized 2,495 million shares; issued 1,208 million shares and 1,202 million shares, respectively 57 57
Additional paid-in capital 27,474 27,443
Accumulated deficit (10,869) (10,946)
Accumulated other comprehensive loss (2,534) (2,399)
Treasury shares as of March 31, 2021 and December 31, 2020 — 106 million ordinary shares (4,128) (4,128)
Stockholders' equity attributable to Teva shareholders 10,000 10,026
Non-controlling interests 975 1,035
Total equity 10,975 11,061
Total liabilities and equity $ 49,004 $ 50,640
[1] Accumulated goodwill impairment as of March 31, 2021 and December 31, 2020 was approximately $25.6 billion.