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FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - Recurring basis - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Assets:
Cash equivalents	$ 24	$ 76
Restricted cash and other settlement deposits	11	1,537
Liabilities:
Acquisition-related contingent consideration	224	241
Foreign currency exchange contracts | Not Designated as Hedging Instrument
Assets:
Derivative assets	3	1
Liabilities:
Foreign currency exchange contracts	6	0
Cross-currency swaps | Designated as Hedging Instrument | Net Investment Hedging | Bausch + Lomb
Assets:
Derivative assets	14	0
Level 1
Assets:
Cash equivalents	13	58
Restricted cash and other settlement deposits	11	1,537
Liabilities:
Acquisition-related contingent consideration	0	0
Level 1 | Foreign currency exchange contracts | Not Designated as Hedging Instrument
Assets:
Derivative assets	0	0
Liabilities:
Foreign currency exchange contracts	0	0
Level 1 | Cross-currency swaps | Designated as Hedging Instrument | Net Investment Hedging | Bausch + Lomb
Assets:
Derivative assets	0	0
Level 2
Assets:
Cash equivalents	11	18
Restricted cash and other settlement deposits	0	0
Liabilities:
Acquisition-related contingent consideration	0	0
Level 2 | Foreign currency exchange contracts | Not Designated as Hedging Instrument
Assets:
Derivative assets	3	1
Liabilities:
Foreign currency exchange contracts	6	0
Level 2 | Cross-currency swaps | Designated as Hedging Instrument | Net Investment Hedging | Bausch + Lomb
Assets:
Derivative assets	14	0
Level 3
Assets:
Cash equivalents	0	0
Restricted cash and other settlement deposits	0	0
Liabilities:
Acquisition-related contingent consideration	224	241
Level 3 | Foreign currency exchange contracts | Not Designated as Hedging Instrument
Assets:
Derivative assets	0	0
Liabilities:
Foreign currency exchange contracts	0	0
Level 3 | Cross-currency swaps | Designated as Hedging Instrument | Net Investment Hedging | Bausch + Lomb
Assets:
Derivative assets	$ 0	$ 0

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Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.

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