Company: BLCO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001860742-25-000004
Chunk: 330

Company: Bausch & Lomb Corp
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 330
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420232022Net (loss) income$(305)$(248)$15 Other comprehensive (loss) incomePension and postretirement benefit plan adjustments:Net actuarial gain (loss) arising during the year2 1 (4)Amortization of prior service credit(3)(3)(3)Amortization of net loss and settlements1 2 10 Income tax benefit (expense)1 (1)(14)Foreign currency impact— — 1 Net pension and postretirement benefit plan adjustments1 (1)(10)Foreign currency translation adjustment(142)13 (216)Other comprehensive (loss) income(141)12 (226)Comprehensive loss(446)(236)(211)Comprehensive income attributable to noncontrolling interest(11)(11)(6)Comprehensive loss attributable to Bausch + Lomb Corporation$(457)$(247)$(217)The accompanying notes are an integral part of these consolidated financial statements.

F-7

BAUSCH + LOMB CORPORATIONCONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY(in millions)Bausch + Lomb Corporation Shareholders' Equity Common SharesBHC InvestmentAdditional Paid in CapitalAccumulated EarningsAccumulated Other Comprehensive LossBausch + LombCorporationShareholders’EquityNon-controlling InterestTotalEquity SharesAmountBalances, January 1, 2022— $— $10,364 $— $— $(1,035)$9,329 $73 $9,402 Issuance of common shares    (Note 17)350.0 — (8,164)8,164 — — — — — Issuance of BHC Purchase Debt (Note 3)— — (2,200)— — — (2,200)— (2,200)Net distributions to BHC and affiliates (Note 3)— — — 75 — — 75 — 75 Noncontrolling interest distributions— — — — — — — (11)(11)Share-based compensation— — — 46 — — 46 — 46 Net income— — — — 6 — 6 9 15 Other comprehensive loss— — — — — (223)(