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  "presentationDate": "2023-10-01 00:00:00",
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      "text": "3Q23 vs. 3Q22 Revenue:\n-$10M FX Headwinds",
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      "text": "3Q23 vs. 3Q22 Adj. EBITDA2:\n-$14M FX Headwinds\n+7% Adj. EBITDA Growth Excluding FX2\n-$7M Lynchburg\nDisruptions",
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      "text": "1. Products with sales outside the United States impacted by F/X changes.\n2. This is a non-GAAP measure or ratio. See Slide 1 and Appendix for further information on non-GAAP measures and ratios.\n3. Effective in the first quarter of 2023, certain products historically included in the reported results of the Pharmaceuticals segment are now included in the reported results of the Vision Care segment and certain products included in the reported results of the Vision Care segment are now included in the reported results of the Pharmaceuticals segment. Management believes these movements are necessary in order to better align these products with the groupings of similar products. The net impact of these product movements was not material to the periods presented. Prior period presentations of segment revenues have been conformed to the current segment reporting structure.\n4. Includes transactional FX and NCI. FX headwinds were -$14M (-$7M translational and -$7M transactional) to Adj. EBITDA for 3Q23.",
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      "text": "Bausch + Lomb\nVision Care Revenue3\nSurgical Revenue\nPharmaceuticals Revenue3\nTotal Revenue\nAdj. Gross Profit²\nAdj. Gross Margin²\nAdj. R&D2\nAdj. R&D % of Revenue\nAdj. SG&A2\nAdj. SG&A % of Revenue\nAdj. EBITA2\nDepreciation\nStock Based Compensation\nAdj. EBITDA 2,4\nAdj. EBITDA Margin²\nAdj. Net Income Attributable to B+L2\nAdj. EPS Attributable to B+L2\n3Q23\n$648M\n$185M\n$174M\n$1,007M\n$617M\n61.3%\n$81M\n8.0%\n$396M\n39.3%\n$140M\n$35M\n$16M\n$187M\n18.6%\n$76M\n$0.22\n3Q22\n$597M\n$172M\n$173M\n$942M\n$570M\n60.5%\n$77M\n8.2%\n$360M\n38.2%\n$132M\n$34M\n$18M\n$187M\n19.9%\n$107M\n$0.31\nReported Change\n9%\n8%\n1%\n7%\n8%\n80 bps\n(5%)\n(10%)\n6%\n3%\n(11%)\n0%\n(29%)\nConstant Currency Change2\n11%\n6%\n1%\n8%\n10%\n(4%)\n(10%)\n14%\n0%\n(11%)\n4%\n(21%)",
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