XML 99 R86.htm IDEA: XBRL DOCUMENT
v3.22.4

FINANCING ARRANGEMENTS - Exchange Offer (Details) - USD ($) |  |  |  | 1 Months Ended | 3 Months Ended | 7 Months Ended | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | ---
May 10, 2022 | Jun. 08, 2021 | May 26, 2020 | Sep. 30, 2022 | Sep. 30, 2022 | Dec. 31, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Gain (loss) on extinguishment of debt | $ (64,000,000) | $ (38,000,000) | $ (27,000,000) |  |  |  | $ 875,000,000 | $ (62,000,000) | $ (59,000,000)
Bausch + Lomb |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Ownership percentage |  |  |  |  |  | 89.00% | 89.00% |  |
Bausch + Lomb | Intermediate Holdco |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Ownership percentage |  |  |  |  |  | 38.60% | 38.60% |  |
Exchange Offer |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Gain (loss) on extinguishment of debt |  |  |  |  | $ 570,000,000 |  |  |  |
Third party fees |  |  |  |  | $ 25,000,000 |  |  |  |
Exchange Offer | Bausch + Lomb | Intermediate Holdco |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Ownership percentage |  |  |  | 38.60% | 38.60% |  |  |  |
Senior Unsecured Notes |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Aggregate principal amount of debt exchanged |  |  |  |  |  | $ 927,000,000 | $ 927,000,000 |  |
Gain (loss) on extinguishment of debt |  |  |  | $ 570,000,000 |  | $ 369,000,000 |  |  |
Senior Unsecured Notes | Exchange Offer |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Aggregate principal amount of debt exchanged |  |  |  | 5,594,000,000 | $ 5,594,000,000 |  |  |  |
Senior Unsecured Notes | 9.25% Senior Notes due 2026 |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  |  |  | 9.25% | 9.25% |  |
Senior Unsecured Notes | 9.25% Senior Notes due 2026 | Exchange Offer |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Aggregate principal amount of debt exchanged |  |  |  | $ 752,000,000 | $ 752,000,000 |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  | 9.25% | 9.25% |  |  |  |
Senior Unsecured Notes | 8.50% Senior Notes due 2027 |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  |  |  | 8.50% | 8.50% |  |
Senior Unsecured Notes | 8.50% Senior Notes due 2027 | Exchange Offer |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Aggregate principal amount of debt exchanged |  |  |  | $ 1,099,000,000 | $ 1,099,000,000 |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  | 8.50% | 8.50% |  |  |  |
Senior Unsecured Notes | 5.00% Senior Notes due 2028 |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  |  |  | 5.00% | 5.00% |  |
Senior Unsecured Notes | 5.00% Senior Notes due 2028 | Exchange Offer |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Aggregate principal amount of debt exchanged |  |  |  | $ 710,000,000 | $ 710,000,000 |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  | 5.00% | 5.00% |  |  |  |
Senior Unsecured Notes | 7.00% Senior Notes due 2028 |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  |  |  | 7.00% | 7.00% |  |
Senior Unsecured Notes | 7.00% Senior Notes due 2028 | Exchange Offer |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Aggregate principal amount of debt exchanged |  |  |  | $ 540,000,000 | $ 540,000,000 |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  | 7.00% | 7.00% |  |  |  |
Senior Unsecured Notes | 7.25% Senior Notes due 2029 |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  |  |  | 7.25% | 7.25% |  |
Senior Unsecured Notes | 7.25% Senior Notes due 2029 | Exchange Offer |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Aggregate principal amount of debt exchanged |  |  |  | $ 373,000,000 | $ 373,000,000 |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  | 7.25% | 7.25% |  |  |  |
Senior Secured Notes | Exchange Offer |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Aggregate principal amount |  |  |  | $ 3,125,000,000 | $ 3,125,000,000 |  |  |  |
Reduction of outstanding principal |  |  |  | 2,469,000,000 | 2,469,000,000 |  |  |  |
Debt instrument, premium |  |  |  | 1,835,000,000 | 1,835,000,000 |  |  |  |
Senior Secured Notes | 11.00% First Lien Senior Notes Due September 2028 |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  |  |  | 11.00% | 11.00% |  |
Senior Secured Notes | 11.00% First Lien Senior Notes Due September 2028 | Exchange Offer |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Aggregate principal amount |  |  |  | $ 1,774,000,000 | $ 1,774,000,000 |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  | 11.00% | 11.00% |  |  |  |
Senior Secured Notes | 14.00% Second Lien Senior Notes2 Due October 2030 |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  |  |  | 14.00% | 14.00% |  |
Senior Secured Notes | 14.00% Second Lien Senior Notes2 Due October 2030 | Exchange Offer |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Aggregate principal amount |  |  |  | $ 352,000,000 | $ 352,000,000 |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  | 14.00% | 14.00% |  |  |  |
Senior Secured Notes | 9.00% Intermediate Holdco Senior Notes Due January 2028 |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  |  |  | 9.00% | 9.00% |  |
Senior Secured Notes | 9.00% Intermediate Holdco Senior Notes Due January 2028 | Exchange Offer |  |  |  |  |  |  |  |  |
Extinguishment of Debt [Line Items] |  |  |  |  |  |  |  |  |
Aggregate principal amount |  |  |  | $ 999,000,000 | $ 999,000,000 |  |  |  |
Stated interest rate on debt (as a percent) |  |  |  | 9.00% | 9.00% |  |  |  |

X
- Definition Debt Instrument, Repurchased Face Amount, Decrease Outstanding Principal + References No definition available. + Details
Name: | bhc_DebtInstrumentRepurchasedFaceAmountDecreaseOutstandingPrincipal
Namespace Prefix: | bhc_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Extinguishment Of Debt, Third Party Fees + References No definition available. + Details
Name: | bhc_ExtinguishmentOfDebtThirdPartyFees
Namespace Prefix: | bhc_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
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 Face (par) amount of the original debt instrument that was repurchased. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentRepurchasedFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, after accumulated amortization, of debt premium. + References Reference 1: 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 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 + Details
Name: | us-gaap_DebtInstrumentUnamortizedPremium
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
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_ExtinguishmentOfDebtLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
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
- 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: | bhc_TroubledDebtRestructuringDebtorTypeAxis=bhc_ExchangeOfferMember
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_SeniorNotes925DueApril2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=bhc_SeniorNotes850DueJanuary2027Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=bhc_SeniorNotes500DueJanuary2028Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=bhc_SeniorNotes700DueJanuary2028Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=bhc_SeniorNotes725DueMay2029Member
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_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: |