XML 35 R21.htm IDEA: XBRL DOCUMENT
v3.24.3

OTHER EXPENSE, NET | 9 Months Ended
--- | ---
Sep. 30, 2024
Other Income and Expenses [Abstract] |
OTHER EXPENSE, NET | OTHER EXPENSE, NET Other expense, net consists of:
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in millions) |  | 2024 |  | 2023 |  | 2024 |  | 2023
Litigation and other matters |  | $ | 188 |  |  | $ | 24 |  |  | $ | 215 |  |  | $ | (55) |
Acquisition-related contingent consideration |  | 25 |  |  | 26 |  |  | 19 |  |  | 40 |
Gain on sale of assets, net |  | (5) |  |  | (5) |  |  | (10) |  |  | (4) |
Acquired in-process research and development costs |  | 15 |  |  | — |  |  | 18 |  |  | — |
Acquisition-related transaction costs |  | 2 |  |  | 15 |  |  | 3 |  |  | 18 |
Other, net |  | — |  |  | — |  |  | — |  |  | 1 |
|  | $ | 225 |  |  | $ | 60 |  |  | $ | 245 |  |  | $ | — |
For the three and nine months ended September 30, 2024, Litigation and other matters primarily relates to adjustments to provisions for certain legal matters. For the nine months ended September 30, 2023, Litigation and other matters primarily related to insurance recoveries regarding certain litigation matters. Acquisition-related contingent consideration for the nine months ended September 30, 2024 and 2023 reflects changes in estimates in the timing and amounts of expected future royalty and milestone payments and in 2024 includes other adjustments of $18 million related to certain branded products. Acquired in-process research and development costs for the three and nine months ended September 30, 2024 are related to certain Bausch + Lomb acquisitions. Acquisition-related transaction costs for the nine months ended September 30, 2023 were primarily related to transaction costs incurred in connection with Bausch + Lomb’s acquisitions of XIIDRA® and the Blink® Product line.

X
- References No definition available. + Details
Name: | us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/720/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Topic 610 -Publisher FASB -URI https://asc.fasb.org/610/tableOfContent + Details
Name: | us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration