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(LOSS) EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Earnings Per Share [Abstract]        
Net (loss) income attributable to Valeant Pharmaceuticals International, Inc. $ (53.0) $ 125.8 $ 20.7 $ 103.2
Basic weighted-average number of common shares outstanding 344.4 335.3 340.5 335.1
Diluted effect of stock options, RSUs and other (in shares) 0.0 6.0 6.6 6.3
Diluted weighted-average number of common shares outstanding 344.4 341.3 347.1 341.4
(Loss) earnings per share attributable to Valeant Pharmaceuticals International, Inc.:        
Basic (in usd per share) $ (0.15) $ 0.38 $ 0.06 $ 0.31
Diluted (in usd per share) $ (0.15) $ 0.37 $ 0.06 $ 0.30