Company: BLCO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001860742-25-000004
Chunk: 388

Company: Bausch & Lomb Corp
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 388
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 million and $3 million to the U.S. pension benefit plan, the non-U.S. pension benefit plans and the U.S. postretirement benefit plan, respectively. The Company plans to use postretirement benefit plan assets and cash on hand, as necessary, to fund the U.S. postretirement benefit plan benefit payments in 2025.

F-41

Estimated Future Benefit PaymentsFuture benefit payments over the next 10 years for the pension benefit plans and the postretirement benefit plan, which reflect expected future service, as appropriate, are expected to be paid as follows: (in millions)Pension Benefit PlansU.S. Postretirement Benefit PlanU.S. PlanNon-U.S. Plans2025$14 $4 $3 202619 4 3 202718 4 3 202817 5 3 202916 5 2 2030 - 203465 28 9 AssumptionsThe weighted-average assumptions used to determine net periodic benefit costs and benefit obligations for 2024, 2023 and 2022 were as follows:Pension Benefit PlansU.S. Postretirement Benefit Plan202420232022202420232022For Determining Net periodic cost (benefit)U.S. Plans:Discount rate5.11 %5.41 %2.69 %5.08 %5.39 %2.57 %Expected rate of return on plan assets6.00 %6.00 %4.50 %— — — Rate of compensation increase— — — — — — Interest crediting rate4.75 %4.75 %4.75 %Non-U.S. Plans:Discount rate3.60 %3.83 %1.44 %Expected rate of return on plan assets4.37 %4.10 %2.70 %Rate of compensation increase2.94 %2.92 %2.55 % Pension Benefit PlansU.S. Postretirement Benefit Plan202420232022202420232022For Determining Benefit ObligationU.S. Plans:Discount rate5.53 %5.11 %5.41 %5.44 %5.08 %5.39 %Rate of compensation increase— — — — — — Interest crediting rate4.75