XML 51 R40.htm IDEA: XBRL DOCUMENT v3.25.3
SEGMENT INFORMATION (Tables)
 9 Months Ended
Sep. 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 September 30,
SalixInternationalSolta MedicalDiversifiedBausch + LombTotal
(in millions)202520242025202420252024202520242025202420252024
Revenues$716$642$286$291$140$112$258$269$1,281$1,196$2,681$2,510
Less:
Cost of goods sold (a)
464011811330283237509464
Cost of other revenues——1414————1—
Selling, general and administrative79147575431264140429420
Research and development21197595334129
Segment profit$570$436$90$105$70$53$182$189$301$283$1,213$1,066
Corporate(243)(248)
Amortization of intangible assets(253)(274)
Asset impairments(1)— 
Restructuring, integration and separation costs(17)(1)
Other expense, net(80)(225)
Operating income619 318 
Interest income15 7 
Interest expense(412)(346)
Gain on extinguishment of debt3 — 
Foreign exchange and other(7)— 
Income (loss) before income taxes$218 $(21)
Nine Months Ended September 30,
SalixInternationalSolta MedicalDiversifiedBausch + LombTotal
(in millions)202520242025202420252024202520242025202420252024
Revenues$1,885$1,699$826$832$381$302$682$722$3,696$3,511$7,470$7,066
Less:
Cost of goods sold (a)
1281303373389373951081,5131,369
Cost of other revenues——4535————42
Selling, general and administrative30235117216491771291341,3461,254
Research and development597619172012101110487
Segment profit$1,396$1,142$253$278$177$140$448$469$729$799$3,003$2,828
Corporate(772)(746)
Amortization of intangible assets(765)(818)
Asset impairments(1)(6)
Restructuring, integration and separation costs(49)(25)
Other expense, net(77)(245)
Operating income1,339 988 
Interest income39 24 
Interest expense(1,207)(1,051)
Gain on extinguishment of debt181 23 
Foreign exchange and other(41)(26)
Income (loss) before income taxes$311 $(42)
(a) Cost of goods sold excludes amortization and impairments of intangible assets.