v3.26.1
OTHER EXPENSE (INCOME), NET
 6 Months Ended
Jun. 30, 2026
Other Income and Expenses [Abstract]  
OTHER EXPENSE (INCOME), NET OTHER EXPENSE (INCOME), NET
Other expense (income), net consists of:
Three Months Ended
June 30,		Six Months Ended June 30,
(in millions)2026202520262025
Asset impairments$9 $— $9 $— 
Acquisition-related contingent consideration6 (29)18 (40)
Litigation and other matters, net of insurance recoveries and restitutions6 8 16 5 
Acquired IPR&D costs5 1 16 29 
Acquisition-related transaction costs— 2 1 3 
Other, net— — (2)— 
$26 $(18)$58 $(3)
Asset impairments are related to a change in the future forecasted revenue of a certain product.
Acquisition-related contingent consideration reflects adjustments for changes in estimates in the timing and amounts of expected future royalty and milestone payments and accretion for the time value of money.
Acquired IPR&D costs are primarily related to certain acquisitions by Bausch + Lomb.
Litigation and other matters, net of insurance recoveries and restitutions primarily relates to adjustments to provisions for certain legal matters and for the six months ended June 30, 2025, also includes restitution received in connection with a certain legal matter.