CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 346	$ 354
Restricted cash	12	26
Trade receivables, net (Note 4)	714	724
Inventories, net	697	628
Prepaid expenses and other current assets (Note 4)	415	405
Total current assets	2,184	2,137
Property, plant and equipment, net	1,296	1,300
Intangible assets, net	2,031	2,058
Goodwill	4,522	4,507
Deferred tax assets, net	923	927
Other non-current assets (Note 4)	213	215
Total assets	11,169	11,144
Current liabilities:
Accounts payable (Note 4)	389	370
Accrued and other current liabilities	840	901
Current portion of long-term debt	25	25
Total current liabilities	1,254	1,296
Deferred tax liabilities, net	14	7
Other non-current liabilities	341	329
Long-term debt	2,508	2,411
Total liabilities	4,117	4,043
Commitments and contingencies (Note 17)
Equity
Common shares, no par value, unlimited shares authorized, 350,169,790 shares issued and outstanding (Note 16)	0	0
Additional paid-in capital	8,305	8,285
Accumulated (deficit) earnings	(84)	6
Accumulated other comprehensive loss	(1,238)	(1,258)
Total Bausch + Lomb Corporation shareholders’ equity	6,983	7,033
Noncontrolling interest	69	68
Total equity	7,052	7,101
Total liabilities and equity	$ 11,169	$ 11,144