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INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of components of finite-lived intangible assets

The major components of intangible assets as of December 31, 2023 and 2022 consist of:

			Weighted- Average Remaining Useful Lives (Years)						2023																		2022
(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			3						$	22,579					$	(18,243)					$	4,336					$	20,840					$	(17,196)					$	3,644
Corporate brands			6						985						(633)						352						899						(542)						357
Product rights/patents			4						3,323						(3,270)						53						3,347						(3,251)						96
Partner relationships			0						161						(161)						—						149						(149)						—
Technology and other			7						214						(202)						12						201						(196)						5
Total finite-lived intangible assets									27,262						(22,509)						4,753						25,436						(21,334)						4,102
Acquired IPR&D			NA						5						—						5						—						—						—
B&L Trademark			NA						1,698						—						1,698						1,698						—						1,698
									$	28,965					$	(22,509)					$	6,456					$	27,134					$	(21,334)					$	5,800

Schedule of components of indefinite-lived intangible assets

The major components of intangible assets as of December 31, 2023 and 2022 consist of:

			Weighted- Average Remaining Useful Lives (Years)						2023																		2022
(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			3						$	22,579					$	(18,243)					$	4,336					$	20,840					$	(17,196)					$	3,644
Corporate brands			6						985						(633)						352						899						(542)						357
Product rights/patents			4						3,323						(3,270)						53						3,347						(3,251)						96
Partner relationships			0						161						(161)						—						149						(149)						—
Technology and other			7						214						(202)						12						201						(196)						5
Total finite-lived intangible assets									27,262						(22,509)						4,753						25,436						(21,334)						4,102
Acquired IPR&D			NA						5						—						5						—						—						—
B&L Trademark			NA						1,698						—						1,698						1,698						—						1,698
									$	28,965					$	(22,509)					$	6,456					$	27,134					$	(21,334)					$	5,800

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)						2024						2025						2026						2027						2028						Thereafter						Total
Amortization						$	1,076					$	995					$	869					$	831					$	234					$	748					$	4,753

Schedule of changes in the carrying amount of goodwill

The changes in the carrying amounts of goodwill during the years ended December 31, 2023 and 2022 were as follows:

(in millions)												Bausch + Lomb						Salix						International						Dermatology						Solta Medical						Diversified						Total
Balance, January 1, 2022												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
Additions												31						—						—						—						—						—						31
Impairment												—						—						—						—						—						(493)						(493)
Foreign exchange and other												37						—						73						—						—						(12)						98
Balance, December 31, 2023												$	5,314					$	3,159					$	862					$	—					$	115					$	1,733					$	11,183

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