HSIC · 10-Q · 2026Q2 · Full report

Liquidity and Debt Position

HENRY SCHEIN INC · 2026-08-04 · Importance 66 · Surprise 40 · From source text

Henry Schein reported $1.112 billion of working capital at June 27, 2026, down from $1.236 billion at December 27, 2025. Total debt increased to $3.462 billion from $3.107 billion, including $1.024 billion of bank credit lines and $2.300 billion of long-term debt. Net cash used in investing activities declined to $128 million from $197 million because of lower acquisition activity. Management stated that cash, access to private debt and public equity markets, and available credit facilities were sufficient for currently foreseeable short- and long-term capital needs.

Key facts

• Net cash used in investing activities was $128 million for the six months ended June 27, 2026 compared to $197 million for the prior year, a decrease in outflow of $69 million primarily attributable to lower acquisition activity. source
• Total debt as of June 27, 2026 was $3,462 million compared to $3,107 million at December 27, 2025, consisting of bank credit lines, current maturities and long-term debt (long-term debt reported as $2,300 million). source
• As of June 27, 2026, our balance for redeemable noncontrolling interests was $906 million. source
• As of December 27, 2025, our balance for redeemable noncontrolling interests was $895 million. source
• As of June 27, 2026, Henry Schein's cash and cash equivalents were $1,112 million and working capital was $1,236 million (December 27, 2025 comparatives also shown). source
• Net cash used in financing activities was $48 million for the six months ended June 27, 2026, compared to net cash provided by financing activities of $145 million for the prior year period. source
• Certain leases include options to extend the leases for up to 10 years. source
• As of June 27, 2026, our right-of-use assets related to operating leases were $322 million. source

Impact estimates