v3.26.1
INTANGIBLE ASSETS AND GOODWILL (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of finite-lived intangible assets
The major components of intangible assets consist of:
 June 30, 2026December 31, 2025
(in millions)Gross
Carrying
Amount		Accumulated
Amortization
and
Impairments		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization
and
Impairments		Net
Carrying
Amount
Finite-lived intangible assets:      
Product brands$22,487 $(20,338)$2,149 $22,534 $(19,981)$2,553 
Corporate brands1,002 (828)174 1,003 (789)214 
Product rights/patents3,264 (3,248)16 3,271 (3,253)18 
Partner relationships, technology and other437 (395)42 445 (385)60 
Total finite-lived intangible assets27,190 (24,809)2,381 27,253 (24,408)2,845 
Acquired IPR&D100 — 100 100 — 100 
B&L Trademark1,698 — 1,698 1,698 — 1,698 
$28,988 $(24,809)$4,179 $29,051 $(24,408)$4,643 
Schedule of indefinite-lived intangible assets
The major components of intangible assets consist of:
 June 30, 2026December 31, 2025
(in millions)Gross
Carrying
Amount		Accumulated
Amortization
and
Impairments		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization
and
Impairments		Net
Carrying
Amount
Finite-lived intangible assets:      
Product brands$22,487 $(20,338)$2,149 $22,534 $(19,981)$2,553 
Corporate brands1,002 (828)174 1,003 (789)214 
Product rights/patents3,264 (3,248)16 3,271 (3,253)18 
Partner relationships, technology and other437 (395)42 445 (385)60 
Total finite-lived intangible assets27,190 (24,809)2,381 27,253 (24,408)2,845 
Acquired IPR&D100 — 100 100 — 100 
B&L Trademark1,698 — 1,698 1,698 — 1,698 
$28,988 $(24,809)$4,179 $29,051 $(24,408)$4,643 
Schedule of estimated aggregate amortization expense for each of the five succeeding years
Estimated amortization expense of finite-lived intangible assets for the remainder of 2026 and each of the five succeeding years ending December 31 and thereafter is as follows:
(in millions)Remainder of 202620272028202920302031ThereafterTotal
Amortization$450 $849 $246 $228 $223 $213 $172 $2,381 
Schedule of changes in the carrying amount of goodwill
The changes in the carrying amounts of goodwill during the six months ended June 30, 2026 and the year ended December 31, 2025 were as follows:
(in millions)SalixInternationalSolta MedicalDiversifiedBausch + LombTotal
Balance, January 1, 2025$3,159 $792 $115 $1,759 $5,262 $11,087 
Additions— — 22 — 97 119 
Impairment— — — (145)— (145)
Goodwill reclassified to assets held for sale— (4)— — — (4)
Foreign exchange and other— 109 — (33)138 214 
Balance, December 31, 20253,159 897 137 1,581 5,497 11,271 
Additions— — 1 — 4 5 
Impairment(1,426)— — — — (1,426)
Foreign exchange and other— (19)1 — (39)(57)
Balance, June 30, 2026$1,733 $878 $139 $1,581 $5,462 $9,793