Company: BLCO
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001860742-25-000023
Chunk: 55

Company: Bausch & Lomb Corp
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 8
Chunk 55
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 1 1 4 4 $736 $684 $330 $306 $215 $206 $1,281 $1,196 Nine Months Ended September 30,20252024202520242025202420252024Pharmaceuticals$3 $3 $759 $698 $— $— $762 $701 Devices763 716 — — 641 608 1,404 1,324 OTC1,344 1,262 — — — — 1,344 1,262 Branded and Other Generics29 29 143 183 — — 172 212 Other revenues6 6 4 2 4 4 14 12 $2,145 $2,016 $906 $883 $645 $612 $3,696 $3,511 The top ten products/franchises represented 55% and 54% of total revenues for the nine months ended September 30, 2025 and 2024, respectively.

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18.SUBSEQUENT EVENTSLeasing TransactionThe Company has entered into a sale and master lease agreement with a third party. Under this agreement, on October 2, 2025, the Company sold various fixed asset equipment, for a sale price of $36 million, and then leased the equipment back through a three-year leaseback transaction. The Company will account for this transaction during the fourth quarter of 2025.

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Item 2.    Management’s Discussion and Analysis of Financial Condition and Results of OperationsINTRODUCTIONUnless the context otherwise indicates, as used in this “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” the terms “we,” “us,” “our,” “Bausch + Lomb,” the “Company,” and similar terms refer to Bausch + Lomb Corporation and its subsidiaries. This “Management’s Discussion and Analysis of Financial Condition and Results of Operations” has been updated through October 29, 2025 and should be read in conjunction with the unaudited interim Condensed Consolidated Financial Statements and the related notes included elsewhere in this Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025 (this “Form 10-Q”). The matters discussed in “Management’s Discussion and Analysis of Financial Condition and Results of Operations” contain certain forward-looking statements