XML 85 R70.htm IDEA: XBRL DOCUMENT
v3.22.2.2

FINANCING ARRANGEMENTS - Senior Secured Notes (Details) - USD ($) |  |  |  | 1 Months Ended | 3 Months Ended | 9 Months Ended
--- | --- | --- | --- | --- | --- | ---
May 10, 2022 | Feb. 10, 2022 | Jun. 08, 2021 | Sep. 30, 2022 | Jun. 30, 2022 | Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Redemption price percentage to change in control (as a percent) |  |  |  |  |  |  |  | 101.00% |
Repayments of long-term debt |  |  |  |  |  |  |  | $ 7,224,000,000 | $ 3,200,000,000
Loss on extinguishment of debt | $ 63,000,000 |  | $ 38,000,000 |  |  | $ (570,000,000) | $ 12,000,000 | $ (683,000,000) | $ 62,000,000
Bausch + Lomb |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Ownership percentage by parent |  |  |  | 89.00% |  | 89.00% |  | 89.00% |
Bausch + Lomb | Intermediate Holdco |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Ownership percentage by parent |  |  |  | 38.60% |  | 38.60% |  | 38.60% |
Unsecured Notes |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Redemption price percentage to change in control (as a percent) |  |  |  |  |  |  |  | 101.00% |
Repayments of long-term debt |  |  |  |  | $ 300,000,000 |  |  |  |
Loss on extinguishment of debt |  |  |  | $ (570,000,000) | $ (176,000,000) |  |  |  |
6.125% Senior Notes Due April 2025 | Unsecured Notes |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  | 6.125% |  | 6.125% |  | 6.125% |
Redemption price (as a percent) | 101.021% |  |  |  |  |  |  |  |
4.875% Senior Notes Due June 2028 | Secured Notes |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  | 4.875% | 4.875% |  | 4.875% |  | 4.875% |
Principal amount |  |  | $ 1,600,000,000 |  |  |  |  |  |
4.875% Senior Notes Due June 2028 | Secured Notes | Debt Instrument, Redemption, Period One |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Redemption price (as a percent) |  |  | 100.00% |  |  |  |  |  |
4.875% Senior Notes Due June 2028 | Secured Notes | Debt Instrument, Redemption, Period Two | Maximum |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum percentage of principal amount that can be redeemed |  |  | 40.00% |  |  |  |  |  |
7.00% Senior Notes, Due March 2024 | Secured Notes |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  | 7.00% |  |  |  |  |  |
Repayments of long-term debt |  |  | $ 1,600,000,000 |  |  |  |  |  |
6.125% Senior Notes Due February 2027 | Secured Notes |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  | 6.125% |  | 6.125% |  | 6.125% |  | 6.125% |
Principal amount |  | $ 1,000,000,000 |  |  |  |  |  |  |
6.125% Senior Notes Due February 2027 | Secured Notes | Debt Instrument, Redemption, Period One |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Redemption price (as a percent) |  | 100.00% |  |  |  |  |  |  |
6.125% Senior Notes Due February 2027 | Secured Notes | Debt Instrument, Redemption, Period Two | Maximum |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum percentage of principal amount that can be redeemed |  | 40.00% |  |  |  |  |  |  |
11.00% First Lien Senior Notes, Due September 2028 | Secured Notes |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  | 11.00% |  | 11.00% |  | 11.00% |
11.00% First Lien Senior Notes, Due September 2028 | Secured Notes | Debt Instrument, Redemption, Period One |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Redemption price (as a percent) |  |  |  |  |  |  |  | 100.00% |
14.00% Second Lien Senior Notes, Due October 2030 | Secured Notes |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  | 14.00% |  | 14.00% |  | 14.00% |
14.00% Second Lien Senior Notes, Due October 2030 | Secured Notes | Debt Instrument, Redemption, Period One |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Redemption price (as a percent) |  |  |  |  |  |  |  | 100.00% |
14.00% Second Lien Senior Notes, Due October 2030 | Secured Notes | Debt Instrument, Redemption, Period Two | Maximum |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Maximum percentage of principal amount that can be redeemed |  |  |  |  |  |  |  | 40.00% |
9.00% Intermediate Holdco Senior Notes, Due January 2028 | Secured Notes |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  | 9.00% |  | 9.00% |  | 9.00% |

X
- Definition Debt Instrument, Redemption Price, Percentage, Change in Control + References No definition available. + Details
Name: | bhc_DebtInstrumentRedemptionPricePercentageChangeinControl
Namespace Prefix: | bhc_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage price of original principal amount of debt at which debt can be redeemed by the issuer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph e -URI https://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 + Details
Name: | us-gaap_DebtInstrumentRedemptionPricePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of principal amount of debt redeemed. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=126972273&loc=d3e12355-112629 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 50 -Section 40 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=126972273&loc=d3e12317-112629 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585 + Details
Name: | us-gaap_GainsLossesOnExtinguishmentOfDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The parent entity's interest in net assets of the subsidiary, expressed as a percentage. + References No definition available. + Details
Name: | us-gaap_MinorityInterestOwnershipPercentageByParent
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3291-108585 + Details
Name: | us-gaap_RepaymentsOfLongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | srt_OwnershipAxis=bhc_BauschLombMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=bhc_A1375209BCLtdMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_UnsecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=bhc_SeniorNotes6125DueApril2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=bhc_SeniorSecured4875NotesDueJune2028Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentRedemptionPeriodAxis=us-gaap_DebtInstrumentRedemptionPeriodOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentRedemptionPeriodAxis=us-gaap_DebtInstrumentRedemptionPeriodTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=bhc_SeniorNotes700DueMarch2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=bhc_SeniorSecured6125NotesDueFebruary2027Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=bhc_SeniorSecured1100NotesFirstLienDueSeptember2028Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=bhc_SeniorSecured1400NotesSecondLienDueOctober2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=bhc_SeniorSecured900NotesIntermediateHoldcoDueJanuary2028Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |