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OTHER EXPENSE, NET
12 Months Ended
Dec. 31, 2024
Other Income and Expenses [Abstract]  
OTHER EXPENSE, NET OTHER EXPENSE, NET
Other expense, net for the years 2024, 2023 and 2022 consists of:
(in millions)202420232022
Litigation and other matters$220 $(53)$
Acquired in-process research and development costs18 — 
Net gain on sale of assets(10)(3)(5)
Acquisition-related contingent consideration15 59 29 
Acquisition-related transaction costs24 — 
Other, net— 
Other expense, net$247 $28 $35 
For 2024, Litigation and other matters primarily relates to adjustments to provisions for certain legal matters. For 2023, Litigation and other matters is primarily related to insurance recoveries regarding certain litigation matters.
Acquisition-related contingent consideration for 2024 and 2023 reflects adjustments for changes in estimates in the timing and amounts of the expected future royalty and milestone payments and in 2024, includes other adjustments of $18 million related to certain branded products.
Acquisition-related transaction costs are related to transaction costs incurred in connection with certain Bausch + Lomb acquisitions.