XML 39 R27.htm IDEA: XBRL DOCUMENT
v3.23.2

REVENUE RECOGNITION (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Revenue from Contract with Customer [Abstract] |
Summary of variable consideration provisions | The following tables present the activity and ending balances of the Company’s variable consideration provisions for the six months ended June 30, 2023 and 2022:
|  | Six Months Ended June 30, 2023
(in millions) |  | Discounts and Allowances |  | Returns |  | Rebates |  | Chargebacks |  | Distribution Fees |  | Total
Reserve balance, January 1, 2023 |  | $ | 146 |  |  | $ | 59 |  |  | $ | 188 |  |  | $ | 73 |  |  | $ | 18 |  |  | $ | 484 |
Current period provision |  | 180 |  |  | 36 |  |  | 280 |  |  | 268 |  |  | 11 |  |  | 775 |
Payments and credits |  | (195) |  |  | (32) |  |  | (274) |  |  | (279) |  |  | (4) |  |  | (784) |
Reserve balance, June 30, 2023 |  | $ | 131 |  |  | $ | 63 |  |  | $ | 194 |  |  | $ | 62 |  |  | $ | 25 |  |  | $ | 475 |
Included in Rebates in the table above are cooperative advertising credits due to customers of approximately $49 million and $35 million as of June 30, 2023 and January 1, 2023, respectively, which are reflected as a reduction of Trade receivables, net in the Condensed Consolidated Balance Sheets.
|  | Six Months Ended June 30, 2022
(in millions) |  | Discounts and Allowances |  | Returns |  | Rebates |  | Chargebacks |  | Distribution Fees |  | Total
Reserve balance, January 1, 2022 |  | $ | 167 |  |  | $ | 60 |  |  | $ | 195 |  |  | $ | 29 |  |  | $ | 17 |  |  | $ | 468 |
Current period provision |  | 160 |  |  | 35 |  |  | 270 |  |  | 211 |  |  | 11 |  |  | 687 |
Payments and credits |  | (169) |  |  | (37) |  |  | (241) |  |  | (151) |  |  | — |  |  | (598) |
Reserve balance, June 30, 2022 |  | $ | 158 |  |  | $ | 58 |  |  | $ | 224 |  |  | $ | 89 |  |  | $ | 28 |  |  | $ | 557 |
Summary of activity in allowance for credit losses | The activity in the allowance for credit losses for trade receivables for the six months ended June 30, 2023 and 2022 is as follows:
| Six Months Ended June 30,
(in millions) | 2023 |  | 2022
Balance, beginning of period | $ | 22 |  |  | $ | 16 |
Provision | 2 |  |  | 1 |
Write-offs | (1) |  |  | (1) |
Foreign exchange and other | (1) |  |  | 2 |
Balance, end of period | $ | 22 |  |  | $ | 18 |

X
- Definition Summary Of Valuation And Qualifying Accounts [Table Text Block] + References No definition available. + Details
Name: | blco_SummaryOfValuationAndQualifyingAccountsTableTextBlock
Namespace Prefix: | blco_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration