OTHER EXPENSE (INCOME), NET

6 Months Ended

Jun. 30, 2026

Other Income and Expenses [Abstract]

Other expense (income), net consists of:


	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2026		2025		2026		2025
Asset impairments	$	9	$	—	$	9	$	—
Acquisition-related contingent consideration	6		(29)		18		(40)
Litigation and other matters, net of insurance recoveries and restitutions	6		8		16		5
Acquired IPR&D costs	5		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.

Bausch Health Companies Inc. 10-Q