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EARNINGS (LOSS) PER SHARE
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE EARNINGS (LOSS) PER SHARE
Income (loss) per share attributable to Bausch + Lomb Corporation for the three and nine months ended September 30, 2026 and 2025 were calculated as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(in millions, except per share amounts)2026202520262025
Net income (loss) attributable to Bausch + Lomb Corporation$32 $(28)$(53)$(302)
Basic weighted-average common shares outstanding357.6 354.2 356.6 353.6 
Diluted effect of stock options and RSUs3.9 — — — 
Diluted weighted-average common shares outstanding361.5 354.2 356.6 353.6 
Basic and diluted income (loss) per share attributable to Bausch + Lomb Corporation$0.09 $(0.08)$(0.15)$(0.85)
During the nine months ended September 30, 2026 and three and nine months ended September 30, 2025, all potential common shares issuable for RSUs, PSUs and stock options were excluded from the calculation of diluted loss per share, as the effect of including them would have been anti-dilutive. The dilutive effect of potential common shares issuable for RSUs, PSUs and stock options on the weighted-average number of common shares outstanding would have been approximately 4,041,000 common shares for the nine months ended September 30, 2026. The dilutive effect of potential common shares issuable for RSUs, PSUs and stock options on the weighted-average number of common shares outstanding would have been approximately 3,184,000 and 2,700,000 common shares for the three and nine months ended September 30, 2025, respectively.
During the three and nine months ended September 30, 2026, RSUs, PSUs and stock options to purchase approximately 9,079,000 and 10,936,000 common shares, respectively, were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive under the treasury stock method. During the three and nine months ended September 30, 2026, an additional 3,082,000 PSUs were not included in the computation of diluted earnings per share as they are either linked to the completion of the Separation or the required performance conditions had not yet been met.
During the three and nine months ended September 30, 2025, RSUs, PSUs and stock options to purchase approximately 11,328,000 and 13,698,000 common shares, respectively, were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive under the treasury stock method. During the three and nine months ended September 30, 2025, an additional 2,494,000 PSUs were not included in the computation of diluted earnings per share as they are either linked to the completion of the Separation or the required performance conditions had not yet been met.