Haleon plc balance sheet

At the end of fiscal 2025, Haleon plc had total assets of $43.88bn, total liabilities of $21.71bn and shareholders' equity of $22.09bn. It held $1.78bn in cash against $11.58bn of debt: net debt of $9.80bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Haleon plc: balance sheet, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	0.5	0.6	0.8	1.3	2.8	1.8
Receivables	—	3.0	2.3	2.4	2.6	2.8
Inventory	—	1.3	1.6	1.8	1.5	1.4
Total current assets	—	7.1	4.9	6.1	7.2	6.1
Goodwill	—	11.1	10.1	10.6	10.3	10.9
Total assets	—	46.5	42.0	43.4	43.0	43.9
Total current liabilities	—	5.7	5.3	5.9	7.3	6.6
Long-term debt	—	0.1	12.1	11.2	10.8	10.5
Total debt	0.0	0.2	12.6	12.0	12.7	11.6
Total liabilities	—	10.8	22.2	22.1	22.7	21.7
Shareholders' equity	35.8	35.6	19.7	21.2	20.2	22.1
Net debt (negative = net cash)	−0.5	−0.3	11.8	10.7	9.9	9.8
Shares outstanding	—	—	—	4,617m	4,542m	4,476m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Haleon plc's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Haleon plc.