CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 384	$ 354
Restricted cash	8	26
Trade receivables, net (Note 4)	791	724
Inventories, net	699	628
Prepaid expenses and other current assets (Note 4)	433	405
Total current assets	2,315	2,137
Property, plant and equipment, net	1,294	1,300
Intangible assets, net	2,021	2,058
Goodwill	4,540	4,507
Deferred tax assets, net	938	927
Other non-current assets (Note 4)	207	215
Total assets	11,315	11,144
Current liabilities:
Accounts payable (Note 4)	348	370
Accrued and other current liabilities	952	901
Current portion of long-term debt	25	25
Total current liabilities	1,325	1,296
Deferred tax liabilities, net	14	7
Other non-current liabilities	342	329
Long-term debt	2,604	2,411
Total liabilities	4,285	4,043
Commitments and contingencies (Note 17)
Equity
Common shares, no par value, unlimited shares authorized, 350,527,323 and 350,000,749 issued and outstanding at June 30, 2023 and December 31, 2022, respectively	0	0
Additional paid-in capital	8,321	8,285
Accumulated (deficit) earnings	(116)	6
Accumulated other comprehensive loss	(1,247)	(1,258)
Total Bausch + Lomb Corporation shareholders’ equity	6,958	7,033
Noncontrolling interest	72	68
Total equity	7,030	7,101
Total liabilities and equity	$ 11,315	$ 11,144