INDV: the balance sheet

MyFinsight

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	175	195	445	510
Short-term investments	NaN	0	0	0
Accounts receivable, net of allowances of 3 (2026) and 4 (2025)	273	253	259	240
Inventories	152	153	155	149
Prepaid expenses	15	34	30	28
Current tax receivable	12	2	13	3
Other current assets	40	16	19	20
Total current assets	667	652	922	951
Long-term investments	27	28	28	27
Property, plant and equipment, net	157	144	124	117
Operating lease right of use assets, net	22	26	30	35
Goodwill and other intangible assets, net	2	2	NaN	7
Deferred tax assets	296	323	285	270
Other noncurrent assets	26	27	27	44
Total assets	1,197	1,201	1,416	1,452

Accrued rebates and product returns	551	582	613	709
Accounts payable and accrued expenses	178	250	215	196
Accrued litigation settlement expenses, current	14	42	106	105
Current portion of long-term debt	0	29	18	18
Operating lease liabilities, current	9	10	10	11
Income taxes payable	26	2	4	17
Other current liabilities	NaN	0	0	0
Total current liabilities	779	914	965	1,056
Long-term debt, less current portion	486	290	304	308
Accrued litigation settlement expenses, noncurrent	41	52	300	299
Operating lease liabilities, noncurrent	14	22	24	29
Other noncurrent liabilities	21	21	30	18
Total liabilities	1,341	1,300	1,623	1,709
Common stock, par value 0.50 per share issued shares 125 (2025) and 125 (2024)	NaN	62	62	62
Additional paid-in capital	165	112	109	101
Share repurchase commitment	NaN	0	0	0
Accumulated other comprehensive loss	-29	-30	-32	-33
Accumulated deficit	-280	-243	-346	-388
Total stockholders' deficit	-144	-98	-207	-257
Total liabilities and stockholders' deficit	1,197	1,201	1,416	1,452

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.