Company: BLCO
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001860742-25-000023
Chunk: 36

Company: Bausch & Lomb Corp
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 8
Chunk 36
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 general and administrative expenses26 23 80 62 Share-based compensation expense$27 $24 $85 $65 

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Share-based awards granted for the nine months ended September 30, 2025 and 2024 consist of:Nine Months Ended September 30,20252024Stock optionsGranted1,374,000 1,317,000 Weighted-average exercise price$15.86 $16.85 Weighted-average grant date fair value$4.66 $4.92 RSUsGranted3,867,000 3,652,000 Weighted-average grant date fair value$15.42 $16.77 TSR PSUsGranted388,000 826,000 Weighted-average grant date fair value$15.86 $21.21 Organic Revenue Growth PSUsGranted753,000 379,000 Weighted-average grant date fair value$15.98 $16.08 OPG PSUsGranted10,000 1,792,000 Weighted-average grant date fair value$11.19 $17.03 As of September 30, 2025, the remaining unrecognized compensation expenses related to all outstanding non-vested stock options, time-based RSUs and PSUs amounted to $137 million, which will be amortized over a weighted-average period of 1.78 years.12.ACCUMULATED OTHER COMPREHENSIVE LOSSAccumulated other comprehensive loss consists of:(in millions)September 30,2025December 31,2024Foreign currency translation adjustment$(1,171)$(1,358)Pension adjustment, net of tax(27)(27)$(1,198)$(1,385)Income taxes are not provided for foreign currency translation adjustments arising on the translation of Bausch + Lomb’s operations having a functional currency other than the U.S. dollar, except to the extent of translation adjustments related to Bausch + Lomb’s retained earnings for foreign jurisdictions in which Bausch + Lomb is not considered to be permanently reinvested.

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13.OTHER (INCOME) EXPENSE, NETOther (income) expense, net for the three and nine months ended September 30, 2025 and 2024 consists of:Three Months Ended September 30,Nine Months Ended September 30,(in millions)2025202420252024Asset impairments$— $— $