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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Bausch + Lomb Corporation Shareholders’ Equity
Common Shares
BHC Investment
Additional Paid in Capital
Accumulated (Deficit) Earnings
Accumulated Other Comprehensive Loss
Non-controlling Interest
Beginning Balance (in shares) at Dec. 31, 2021     0          
Beginning Balance at Dec. 31, 2021 $ 9,402 $ 9,329 $ 0 $ 10,364 $ 0 $ 0 $ (1,035) $ 73
Increase (Decrease) in Shareholders' Equity                
Issuance of common shares (Note 16) (in shares)     350,000,000.0          
Issuance of common shares (Note 16) 0     (8,164) 8,164      
Issuance of BHC Purchase Debt (Note 4) (2,200) (2,200)   (2,200)        
Net distributions to BHC and affiliates (Note 4) (87) (87)     (87)      
Share-based compensation 11 11     11      
Net (loss) income 30 25       25   5
Other comprehensive income (loss) (185) (182)         (182) (3)
Ending Balance (in shares) at Jun. 30, 2022     350,000,000.0          
Ending Balance at Jun. 30, 2022 6,971 6,896 $ 0 0 8,088 25 (1,217) 75
Beginning Balance (in shares) at Mar. 31, 2022     350,000,000.0          
Beginning Balance at Mar. 31, 2022 7,216 7,140 $ 0 0 8,219 20 (1,099) 76
Increase (Decrease) in Shareholders' Equity                
Net distributions to BHC and affiliates (Note 4) (142) (142)     (142)      
Share-based compensation 11 11     11      
Net (loss) income 7 5       5   2
Other comprehensive income (loss) (121) (118)         (118) (3)
Ending Balance (in shares) at Jun. 30, 2022     350,000,000.0          
Ending Balance at Jun. 30, 2022 $ 6,971 6,896 $ 0 0 8,088 25 (1,217) 75
Beginning Balance (in shares) at Dec. 31, 2022 350,000,749   350,000,000.0          
Beginning Balance at Dec. 31, 2022 $ 7,101 7,033 $ 0 0 8,285 6 (1,258) 68
Increase (Decrease) in Shareholders' Equity                
Common shares issued under share-based compensation plans (in shares)     500,000          
Share-based compensation 42 42     42      
Employee withholding taxes related to share-based awards (6) (6)     (6)      
Net (loss) income (117) (122)       (122)   5
Other comprehensive income (loss) $ 10 11         11 (1)
Ending Balance (in shares) at Jun. 30, 2023 350,527,323   350,500,000          
Ending Balance at Jun. 30, 2023 $ 7,030 6,958 $ 0 0 8,321 (116) (1,247) 72
Beginning Balance (in shares) at Mar. 31, 2023     350,200,000          
Beginning Balance at Mar. 31, 2023 7,052 6,983 $ 0 0 8,305 (84) (1,238) 69
Increase (Decrease) in Shareholders' Equity                
Common shares issued under share-based compensation plans (in shares)     300,000          
Share-based compensation 18 18     18      
Employee withholding taxes related to share-based awards (2) (2)     (2)      
Net (loss) income (29) (32)       (32)   3
Other comprehensive income (loss) $ (9) (9)         (9)  
Ending Balance (in shares) at Jun. 30, 2023 350,527,323   350,500,000          
Ending Balance at Jun. 30, 2023 $ 7,030 $ 6,958 $ 0 $ 0 $ 8,321 $ (116) $ (1,247) $ 72