CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 1,727	$ 1,181
Restricted cash	16	20
Trade receivables, net	2,210	2,140
Inventories, net	1,655	1,595
Prepaid expenses and other current assets	906	838
Total current assets	6,514	5,774
Property, plant and equipment, net	1,994	1,780
Intangible assets, net	5,047	5,551
Goodwill	11,298	11,087
Deferred tax assets, net	2,025	1,968
Other non-current assets	388	363
Total assets	27,266	26,523
Current liabilities:
Accounts payable	627	589
Accrued and other current liabilities	3,469	3,489
Current portion of long-term debt	879	2,674
Total current liabilities	4,975	6,752
Acquisition-related contingent consideration	264	310
Non-current portion of long-term debt	20,859	18,942
Deferred tax liabilities, net	144	128
Other non-current liabilities	877	713
Total liabilities	27,119	26,845
Commitments and contingencies (Note 18)
Equity (Deficit)
Common shares, no par value, unlimited shares authorized, 369,749,489 and 367,843,058 issued and outstanding at June 30, 2025 and December 31, 2024, respectively	10,510	10,490
Additional paid-in capital	250	234
Accumulated deficit	(9,734)	(9,824)
Accumulated other comprehensive loss	(1,790)	(2,179)
Total Bausch Health Companies Inc. shareholders’ deficit	(764)	(1,279)
Noncontrolling interest	911	957
Total equity (deficit)	147	(322)
Total liabilities and equity (deficit)	$ 27,266	$ 26,523