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SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of segment revenues and profit
Segment revenues, profits and reconciliation of segment profit to consolidated Income (loss) before income taxes were as follows:
Three Months Ended June 30,
SalixInternationalSolta MedicalDiversifiedBausch + LombTotal
(in millions)202520242025202420252024202520242025202420252024
Revenues:
Total revenues$627$558$278$276$128$102$219$251$1,278$1,216$2,530$2,403
Less:
Cost of goods sold (excluding amortization and impairments of intangible assets)394911711636263335523482
Costs of other revenues141021
Selling, general and administrative112102635732264346470429
Research and development21306763443530
Segment profit$455$377$78$86$54$47$139$166$248$274$974$950
Corporate(261)(254)
Amortization of intangible assets(256)(270)
Asset impairments— (5)
Restructuring, integration and separation costs(31)(12)
Other (income) expense, net18 (20)
Operating income444 389 
Interest income13 
Interest expense(465)(350)
Gain on extinguishment of debt178 12 
Foreign exchange and other(30)(11)
Income before income taxes$140 $48 
Six Months Ended June 30,
SalixInternationalSolta MedicalDiversifiedBausch + LombTotal
(in millions)202520242025202420252024202520242025202420252024
Revenues:
Total revenues$1,169$1,057$540$541$241$190$424$453$2,415$2,315$4,789$4,556
Less:
Cost of goods sold (excluding amortization and impairments of intangible assets)8290219225634563711,004905
Costs of other revenues312132
Selling, general and administrative22320411511060518894917834
Research and development38571212117786358
Segment profit$826$706$163$173$107$87$266$280$428$516$1,790$1,762
Corporate(529)(498)
Amortization of intangible assets(512)(544)
Asset impairments— (6)
Restructuring, integration and separation costs(32)(24)
Other (income) expense, net(20)
Operating income720 670 
Interest income24 17 
Interest expense(795)(705)
Gain on extinguishment of debt178 23 
Foreign exchange and other(34)(26)
Income (loss) before income taxes$93 $(21)