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      "text": "Steps Taken in 2023: Executed A/R Credit Facility ($600M), No outstanding borrowings ($950M availability), Reduced debt by $670M, Repurchased $250M debt, Assessed separation structure.",
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      "text": "Ongoing Areas of Focus: Driving profitable growth, BHC de-levering, Appropriate capitalization, Assessing B+L separation, Monetizing 8.5% B+L stake.",
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      "text": "Continue to believe separation of Bausch + Lomb makes strategic sense and thoughtfully evaluating factors and considerations related to the separation",
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