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INTANGIBLE ASSETS AND GOODWILL (Tables) | 12 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of components of finite-lived intangible assets | The major components of intangible assets as of December 31, 2021 and 2020 consist of:
| Weighted- Average Remaining Useful Lives (Years) |  | 2021 |  | 2020
(in millions) | Gross Carrying Amount |  | Accumulated Amortization and Impairments |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization and Impairments |  | Net Carrying Amount
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Product brands | 5 |  | $ | 20,842 |  |  | $ | (16,169) |  |  | $ | 4,673 |  |  | $ | 20,890 |  |  | $ | (14,914) |  |  | $ | 5,976 |
Corporate brands | 6 |  | 902 |  |  | (473) |  |  | 429 |  |  | 907 |  |  | (404) |  |  | 503 |
Product rights/patents | 4 |  | 3,321 |  |  | (3,174) |  |  | 147 |  |  | 3,305 |  |  | (3,055) |  |  | 250 |
Partner relationships | 0 |  | 158 |  |  | (158) |  |  | — |  |  | 169 |  |  | (168) |  |  | 1 |
Technology and other | 1 |  | 207 |  |  | (206) |  |  | 1 |  |  | 210 |  |  | (200) |  |  | 10 |
Total finite-lived intangible assets |  |  | 25,430 |  |  | (20,180) |  |  | 5,250 |  |  | 25,481 |  |  | (18,741) |  |  | 6,740 |
Acquired IPR&D not in service | NA |  | — |  |  | — |  |  | — |  |  | 7 |  |  | — |  |  | 7 |
B&L Trademark | NA |  | 1,698 |  |  | — |  |  | 1,698 |  |  | 1,698 |  |  | — |  |  | 1,698 |
|  |  | $ | 27,128 |  |  | $ | (20,180) |  |  | $ | 6,948 |  |  | $ | 27,186 |  |  | $ | (18,741) |  |  | $ | 8,445 |
Schedule of components of indefinite-lived intangible assets | The major components of intangible assets as of December 31, 2021 and 2020 consist of:
| Weighted- Average Remaining Useful Lives (Years) |  | 2021 |  | 2020
(in millions) | Gross Carrying Amount |  | Accumulated Amortization and Impairments |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization and Impairments |  | Net Carrying Amount
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Product brands | 5 |  | $ | 20,842 |  |  | $ | (16,169) |  |  | $ | 4,673 |  |  | $ | 20,890 |  |  | $ | (14,914) |  |  | $ | 5,976 |
Corporate brands | 6 |  | 902 |  |  | (473) |  |  | 429 |  |  | 907 |  |  | (404) |  |  | 503 |
Product rights/patents | 4 |  | 3,321 |  |  | (3,174) |  |  | 147 |  |  | 3,305 |  |  | (3,055) |  |  | 250 |
Partner relationships | 0 |  | 158 |  |  | (158) |  |  | — |  |  | 169 |  |  | (168) |  |  | 1 |
Technology and other | 1 |  | 207 |  |  | (206) |  |  | 1 |  |  | 210 |  |  | (200) |  |  | 10 |
Total finite-lived intangible assets |  |  | 25,430 |  |  | (20,180) |  |  | 5,250 |  |  | 25,481 |  |  | (18,741) |  |  | 6,740 |
Acquired IPR&D not in service | NA |  | — |  |  | — |  |  | — |  |  | 7 |  |  | — |  |  | 7 |
B&L Trademark | NA |  | 1,698 |  |  | — |  |  | 1,698 |  |  | 1,698 |  |  | — |  |  | 1,698 |
|  |  | $ | 27,128 |  |  | $ | (20,180) |  |  | $ | 6,948 |  |  | $ | 27,186 |  |  | $ | (18,741) |  |  | $ | 8,445 |
Schedule of estimated aggregate amortization expense for each of the five succeeding years | Estimated amortization expense of finite-lived intangible assets for the five years ending December 31 and thereafter are as follows:
(in millions) |  | 2022 |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | Thereafter |  | Total |
Amortization |  | $ | 1,181 |  |  | $ | 1,026 |  |  | $ | 902 |  |  | $ | 795 |  |  | $ | 664 |  |  | $ | 682 |  |  | $ | 5,250 |  |
Schedule of changes in the carrying amount of goodwill | The changes in the carrying amounts of goodwill during the years ended December 31, 2021, 2020 and 2019 were as follows:
(in millions) |  | Bausch + Lomb/ International |  | Bausch + Lomb |  | Salix |  | International |  | Ortho Dermatologics |  | Diversified Products |  | Total
Balance, January 1, 2019 |  | $ | 5,805 |  |  | $ | — |  |  | $ | 3,156 |  |  | $ | — |  |  | $ | 1,267 |  |  | $ | 2,914 |  |  | $ | 13,142 |
Acquisition of certain assets of Synergy |  | — |  |  | — |  |  | 3 |  |  | — |  |  | — |  |  | — |  |  | 3 |
Goodwill reclassified to assets held for sale |  | (18) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (18) |
Foreign exchange and other |  | (1) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (1) |
Balance, December 31, 2019 |  | 5,786 |  |  | — |  |  | 3,159 |  |  | — |  |  | 1,267 |  |  | 2,914 |  |  | 13,126 |
Assets held for sale reclassified to goodwill |  | 18 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 18 |
Goodwill reclassified to assets held for sale (Note 3) |  | (217) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (217) |
Foreign exchange and other |  | 117 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 117 |
Balance, December 31, 2020 |  | 5,704 |  |  | — |  |  | 3,159 |  |  | — |  |  | 1,267 |  |  | 2,914 |  |  | 13,044 |
Realignment of segment goodwill |  | (5,704) |  |  | 5,395 |  |  | — |  |  | 887 |  |  | — |  |  | (578) |  |  | — |
Impairment |  | — |  |  | — |  |  | — |  |  | — |  |  | (469) |  |  | — |  |  | (469) |
Foreign exchange and other |  | — |  |  | (77) |  |  | — |  |  | (62) |  |  | — |  |  | 21 |  |  | (118) |
Balance, December 31, 2021 |  | $ | — |  |  | $ | 5,318 |  |  | $ | 3,159 |  |  | $ | 825 |  |  | $ | 798 |  |  | $ | 2,357 |  |  | $ | 12,457 |

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