SYK · 10-Q · 2026Q2 · Full report
Balance Sheet and Liquidity
STRYKER CORP · 2026-07-31 · Importance 41 · Surprise 22 · From source text
Cash, cash equivalents, short-term investments, and marketable securities totaled $3,476 million at June 30, 2026, down from $4,100 million at December 31, 2025. Current assets exceeded current liabilities by $7,734 million at June 30, 2026, compared with $6,961 million at year-end 2025. Stryker expects to fund short-term liquidity and operating needs through operating cash flow, commercial paper, and existing credit lines. The company reported strong investment-grade short- and long-term debt ratings, while 51% of its cash and investments were held outside the United States at June 30, 2026, versus 20% at year-end.
Key facts
- Cash, cash equivalents, short-term investments and marketable securities were $3,476 million on June 30, 2026 and $4,100 million on December 31, 2025; current assets exceeded current liabilities by $7,734 million on June 30, 2026 and $6,961 million on December 31, 2025. source
- Percentage of cash, cash equivalents, short-term investments and marketable securities held outside the United States was 51% on June 30, 2026 compared to 20% on December 31, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | +1.6% | Cash, cash equivalents, short-term investments and marketable securities were $3,476 million on June 30, 2026 and $4,100 million on… |
| cash | negative | realized | -1.3% | Cash, cash equivalents, short-term investments and marketable securities were $3,476 million on June 30, 2026 and $4,100 million on… |