v3.26.1
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of segment revenues and profit
Segment revenues, profits and reconciliation of segment profit to consolidated Income (loss) before income taxes were as follows:
Three Months Ended June 30,
SalixInternationalSolta MedicalDiversifiedBausch + LombTotal
(in millions)202620252026202520262025202620252026202520262025
Revenues$758$627$305$278$176$128$219$219$1,394$1,278$2,852$2,530
Less:
Cost of goods sold (a)
403912011736363033527523
Cost of other revenues——1914—————2
Selling, general and administrative100112676340324343476470
Research and development13219696445635
Segment profit$605$455$90$78$91$54$142$139$335$248$1,263$974
Corporate(263)(261)
Amortization of intangible assets(225)(256)
Restructuring, integration and separation costs(9)(31)
Other expense (income), net(26)18 
Operating income740 444 
Interest income11 13 
Interest expense(396)(465)
Gain on extinguishment of debt— 178 
Foreign exchange and other(7)(30)
Income before income taxes$348 $140 
Six Months Ended June 30,
SalixInternationalSolta MedicalDiversifiedBausch + LombTotal
(in millions)202620252026202520262025202620252026202520262025
Revenues:
Total revenues$1,397$1,169$590$540$347$241$404$424$2,638$2,415$5,376$4,789
Less:
Cost of goods sold (a)
8782232219896357631,0091,004
Costs of other revenues——3531————13
Selling, general and administrative20522313011575608688915917
Research and development3238151217117710163
Segment profit$1,073$826$178$163$166$107$254$266$612$428$2,283$1,790
Corporate(521)(529)
Amortization of intangible assets(466)(512)
Goodwill impairments(1,426)— 
Restructuring, integration and separation costs(22)(32)
Other expense (income), net(58)3 
Operating (loss) income(210)720 
Interest income21 24 
Interest expense(798)(795)
(Loss) gain on extinguishment of debt(1)178 
Foreign exchange and other(18)(34)
(Loss) income before income taxes$(1,006)$93 
(a) Cost of goods sold excludes amortization and impairments of intangible assets.