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EARNINGS (LOSS) PER SHARE
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE EARNINGS (LOSS) PER SHARE
Earnings (loss) per share attributable to Bausch Health Companies Inc. is calculated as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in millions, except per share amounts)2025202420252024
Net income (loss) attributable to Bausch Health Companies Inc.$148 $10 $90 $(54)
Basic weighted-average common shares outstanding370.9 367.9 370.3 367.4 
Diluted effect of stock options and RSUs2.2 2.3 3.2 — 
Diluted weighted-average common shares outstanding$373.1 $370.2 $373.5 $367.4 
Earnings (loss) per share attributable to Bausch Health Companies Inc.
Basic$0.40 $0.03 $0.24 $(0.15)
Diluted$0.40 $0.03 $0.24 $(0.15)
During the six months ended June 30, 2024, all potential common shares issuable for stock options and RSUs were excluded from the calculation of diluted loss per share, as the effect of including them would have been anti-dilutive. The dilutive effect of potential common shares issuable for stock options and RSUs on the weighted-average number of common shares outstanding would have been approximately 2,862,000 common shares for the six months ended June 30, 2024.
During the three and six months ended June 30, 2025, time-based RSUs, performance-based RSUs and stock options to purchase approximately 14,086,000 and 13,911,000 common shares, respectively, were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive under the treasury stock method.
During the three and six months ended June 30, 2024, time-based RSUs, performance-based RSUs and stock options to purchase approximately 15,011,000 and 14,507,000 common shares, respectively, were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive under the treasury stock method.
During the three and six months ended June 30, 2025, an additional 2,054,000 performance-based RSUs were not included in the computation of diluted earnings per share as the required performance conditions had not been met.
During the three and six months ended June 30, 2024, an additional 1,208,000 performance-based RSUs were not included in the computation of diluted earnings per share as the required performance conditions had not been met.