Company: BLCO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001860742-25-000004
Chunk: 332

Company: Bausch & Lomb Corp
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 332
---
Depreciation and amortization of intangible assets436 382 379 Amortization and write-off of debt premiums, discounts and issuance costs20 30 8 Asset impairments5 — 1 Allowances for losses on trade receivables and inventories26 21 25 Deferred income taxes(10)(10)(90)Gain on sale of assets(5)— — Share-based compensation92 74 62 Foreign exchange gain (loss) 10 12 (7)Gain excluded from hedge effectiveness(13)(13)(6)Amortization of interim contract and inventory step-up resulting from acquisitions82 23 — Other(19)(1)(23)Changes in operating assets and liabilities:Trade receivables(227)(121)(95)Inventories(147)(264)(106)Prepaid expenses and other current assets161 (147)(7)Accounts payable, accrued and other liabilities126 245 189 Net cash provided by (used in) operating activities232 (17)345 Cash Flows From Investing Activities  Acquisitions and other investments(138)(1,941)(45)Purchases of property, plant and equipment(291)(181)(175)Purchases of marketable securities(12)(17)(17)Proceeds from sale of marketable securities14 16 22 Proceeds from sale of assets and businesses, net of costs to sell2 1 — Interest settlements from cross-currency swaps13 13 — Net cash used in investing activities(412)(2,109)(215)Cash Flows From Financing Activities  Issuance of long-term debt, net of discounts631 2,276 2,440 Repayments of debt(430)(161)(13)Payment of employee withholding taxes related to share-based awards(12)(10)— Payments of financing costs— (16)(3)Payments of noncontrolling interest distributions(10)(9)(11)Net borrowings under BHC pooled financing arrangements (Note 3)— — 31 Net transfers to BHC (Note 3)— — (2,363)Other(1)(2)— Net cash provided by financing activities178 2,078 81 Effect of exchange rate changes on cash and cash equivalents and restricted cash(16)2 (8)Net (decrease) increase in cash and cash equivalents and restricted cash(18)(46)203 Cash