diff --git a/Lib/sre_parse.py b/Lib/sre_parse.py
index 3209ce0722c..b56d437c347 100644
--- a/Lib/sre_parse.py
+++ b/Lib/sre_parse.py
@@ -94,33 +94,45 @@ class SubPattern:
         self.data = data
         self.width = None
     def dump(self, level=0):
-        nl = 1
+        nl = True
         seqtypes = (tuple, list)
         for op, av in self.data:
-            print(level*"  " + op, end=' '); nl = 0
-            if op == "in":
+            print(level*"  " + op, end='')
+            if op == IN:
                 # member sublanguage
-                print(); nl = 1
+                print()
                 for op, a in av:
                     print((level+1)*"  " + op, a)
-            elif op == "branch":
-                print(); nl = 1
-                i = 0
-                for a in av[1]:
-                    if i > 0:
+            elif op == BRANCH:
+                print()
+                for i, a in enumerate(av[1]):
+                    if i:
                         print(level*"  " + "or")
-                    a.dump(level+1); nl = 1
-                    i = i + 1
+                    a.dump(level+1)
+            elif op == GROUPREF_EXISTS:
+                condgroup, item_yes, item_no = av
+                print('', condgroup)
+                item_yes.dump(level+1)
+                if item_no:
+                    print(level*"  " + "else")
+                    item_no.dump(level+1)
             elif isinstance(av, seqtypes):
+                nl = False
                 for a in av:
                     if isinstance(a, SubPattern):
-                        if not nl: print()
-                        a.dump(level+1); nl = 1
+                        if not nl:
+                            print()
+                        a.dump(level+1)
+                        nl = True
                     else:
-                        print(a, end=' ') ; nl = 0
+                        if not nl:
+                            print(' ', end='')
+                        print(a, end='')
+                        nl = False
+                if not nl:
+                    print()
             else:
-                print(av, end=' ') ; nl = 0
-            if not nl: print()
+                print('', av)
     def __repr__(self):
         return repr(self.data)
     def __len__(self):
diff --git a/Lib/test/test_re.py b/Lib/test/test_re.py
index 011fba9b91c..e937c8524c4 100644
--- a/Lib/test/test_re.py
+++ b/Lib/test/test_re.py
@@ -1203,16 +1203,33 @@ class ReTests(unittest.TestCase):
                 self.assertEqual(m.group(2), "y")
 
     def test_debug_flag(self):
+        pat = r'(\.)(?:[ch]|py)(?(1)$|: )'
         with captured_stdout() as out:
-            re.compile('foo', re.DEBUG)
-        self.assertEqual(out.getvalue().splitlines(),
-                         ['literal 102 ', 'literal 111 ', 'literal 111 '])
+            re.compile(pat, re.DEBUG)
+        dump = '''\
+subpattern 1
+  literal 46
+subpattern None
+  branch
+    in
+      literal 99
+      literal 104
+  or
+    literal 112
+    literal 121
+subpattern None
+  groupref_exists 1
+    at at_end
+  else
+    literal 58
+    literal 32
+'''
+        self.assertEqual(out.getvalue(), dump)
         # Debug output is output again even a second time (bypassing
         # the cache -- issue #20426).
         with captured_stdout() as out:
-            re.compile('foo', re.DEBUG)
-        self.assertEqual(out.getvalue().splitlines(),
-                         ['literal 102 ', 'literal 111 ', 'literal 111 '])
+            re.compile(pat, re.DEBUG)
+        self.assertEqual(out.getvalue(), dump)
 
     def test_keyword_parameters(self):
         # Issue #20283: Accepting the string keyword parameter.
diff --git a/Misc/NEWS b/Misc/NEWS
index 99e62818a87..cca745ed8f2 100644
--- a/Misc/NEWS
+++ b/Misc/NEWS
@@ -137,6 +137,9 @@ Core and Builtins
 Library
 -------
 
+- Issue #22423: Fixed debugging output of the GROUPREF_EXISTS opcode in the re
+  module.
+
 - Issue #22423: Unhandled exception in thread no longer causes unhandled
   AttributeError when sys.stderr is None.