XML 49 R36.htm IDEA: XBRL DOCUMENT v3.22.4

INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of components of finite-lived intangible assets

The major components of intangible assets as of December 31, 2022 and 2021 consist of:

			Weighted- Average Remaining Useful Lives (Years)						2022																		2021
(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						$	20,840					$	(17,196)					$	3,644					$	20,842					$	(16,169)					$	4,673
Corporate brands			5						899						(542)						357						902						(473)						429
Product rights/patents			4						3,347						(3,251)						96						3,321						(3,174)						147
Partner relationships			0						149						(149)						—						158						(158)						—
Technology and other			8						201						(196)						5						207						(206)						1
Total finite-lived intangible assets									25,436						(21,334)						4,102						25,430						(20,180)						5,250
B&L Trademark			NA						1,698						—						1,698						1,698						—						1,698
									$	27,134					$	(21,334)					$	5,800					$	27,128					$	(20,180)					$	6,948

Schedule of components of indefinite-lived intangible assets

The major components of intangible assets as of December 31, 2022 and 2021 consist of:

			Weighted- Average Remaining Useful Lives (Years)						2022																		2021
(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						$	20,840					$	(17,196)					$	3,644					$	20,842					$	(16,169)					$	4,673
Corporate brands			5						899						(542)						357						902						(473)						429
Product rights/patents			4						3,347						(3,251)						96						3,321						(3,174)						147
Partner relationships			0						149						(149)						—						158						(158)						—
Technology and other			8						201						(196)						5						207						(206)						1
Total finite-lived intangible assets									25,436						(21,334)						4,102						25,430						(20,180)						5,250
B&L Trademark			NA						1,698						—						1,698						1,698						—						1,698
									$	27,134					$	(21,334)					$	5,800					$	27,128					$	(20,180)					$	6,948

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)						2023						2024						2025						2026						2027						Thereafter						Total
Amortization						$	1,027					$	904					$	798					$	670					$	633					$	70					$	4,102

Schedule of changes in the carrying amount of goodwill

The changes in the carrying amounts of goodwill during the years ended December 31, 2022, 2021 and 2020 were as follows:

(in millions)						Bausch + Lomb/ International						Bausch + Lomb						Salix						International						Ortho Dermatologics						Solta Medical						Diversified Products						Total
Balance, January 1, 2020						$	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
Realignment of segment goodwill						—						—						—						—						(798)						115						683						—
Additions						—						5						—						—						—						—						—						5
Impairment						—						—						—						—						—						—						(824)						(824)
Foreign exchange and other						—						(77)						—						(36)						—						—						22						(91)
Balance, December 31, 2022						$	—					$	5,246					$	3,159					$	789					$	—					$	115					$	2,238					$	11,547

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1A
-URI https://asc.fasb.org/extlink&oid=121556970&loc=SL108378252-109267

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

Reference 11: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 55
-Paragraph 24
-URI https://asc.fasb.org/extlink&oid=122137925&loc=d3e14258-109268

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 3
-Subparagraph (b),(d)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration