Kenvue Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Cash & Equivalents	1,062	1,070	1,382	1,231	740
Cash & Short-Term Investments	1,062	1,070	1,382	1,231	740
Cash Growth	-0.75%	-22.58%	12.27%	66.35%	19.74%
Receivables	2,382	2,165	2,073	2,122	2,074
Inventory	1,666	1,591	1,851	2,226	1,702
Prepaid Expenses	410	442	549	161	257
Other Current Assets	177	257	283	137	154
Total Current Assets	5,697	5,525	6,138	5,877	4,927
Property, Plant & Equipment	2,363	1,960	2,181	1,930	1,827
Long-Term Investments	-	-	71	66	74
Goodwill	9,509	8,843	9,271	9,185	9,810
Other Intangible Assets	8,694	8,474	9,619	9,853	10,701
Long-Term Deferred Tax Assets	237	184	158	147	189
Other Long-Term Assets	576	615	413	258	401
Total Assets	27,076	25,601	27,851	27,316	27,929
Accounts Payable	2,414	2,241	2,489	1,829	1,827
Accrued Expenses	1,849	1,741	2,094	1,733	1,811
Short-Term Debt	703	802	599	-	-
Current Portion of Long-Term Debt	748	748	-	-	-
Current Portion of Leases	45	38	44	35	47
Current Income Taxes Payable	105	74	142	329	357
Other Current Liabilities	81	95	113	-	-
Total Current Liabilities	5,945	5,739	5,481	3,926	4,042
Long-Term Debt	6,938	6,936	7,687	-	-
Long-Term Leases	240	195	97	81	82
Pension & Post-Retirement Benefits	340	342	360	214	302
Long-Term Deferred Tax Liabilities	2,354	2,261	2,621	2,479	2,430
Other Long-Term Liabilities	494	460	394	646	674
Total Liabilities	16,311	15,933	16,640	7,346	7,530
Common Stock	19	19	19	25,425	24,872
Additional Paid-In Capital	16,348	16,130	16,147	-	-
Retained Earnings	-204	-93	429	-	-
Treasury Stock	-439	-242	-7	-	-
Comprehensive Income & Other	-4,959	-6,146	-5,377	-5,455	-4,473
Shareholders' Equity	10,765	9,668	11,211	19,970	20,399
Total Liabilities & Equity	27,076	25,601	27,851	27,316	27,929
Total Debt	8,674	8,719	8,427	116	129
Net Cash (Debt)	-7,612	-7,649	-7,045	1,115	611
Net Cash Growth	-	-	-	82.49%	33.41%
Net Cash Per Share	-3.96	-3.98	-3.81	0.65	0.36
Filing Date Shares Outstanding	1,917	1,911	1,915	1,716	1,716
Total Common Shares Outstanding	1,916	1,914	1,915	1,716	1,716
Working Capital	-248	-214	657	1,951	885
Book Value Per Share	5.62	5.05	5.85	11.63	-
Tangible Book Value	-7,438	-7,649	-7,679	932	-112
Tangible Book Value Per Share	-3.88	-4.00	-4.01	0.54	-
Land	60	57	76	75	79
Buildings	1,853	1,599	1,749	1,709	1,744
Machinery	2,496	2,250	2,447	2,280	2,416
Construction In Progress	595	542	480	307	228

Source: S&P Global Market Intelligence. Standard template. Financial Sources.