Bausch + Lomb Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-305	-317	-260	6	182	-18
Depreciation & Amortization	428	436	382	379	415	442
Loss (Gain) From Sale of Assets	-6	-5	-	-	-	-
Asset Writedown & Restructuring Costs	-	5	-	1	12	1
Stock-Based Compensation	112	92	74	62	62	50
Provision & Write-off of Bad Debts	32	26	21	25	37	30
Other Operating Activities	5	82	53	-109	137	76
Change in Accounts Receivable	-137	-227	-121	-95	-107	77
Change in Inventory	24	-147	-264	-106	-15	-32
Change in Accounts Payable	3	126	245	189	163	-144
Change in Other Net Operating Assets	13	161	-147	-7	-13	40
Operating Cash Flow	169	232	-17	345	873	522
Operating Cash Flow Growth	-24.89%	-	-	-60.48%	67.24%	-34.67%
Capital Expenditures	-365	-291	-181	-175	-193	-253
Sale of Property, Plant & Equipment	7	2	1	-	-	-
Cash Acquisitions	-104	-138	-1,941	-45	-16	-
Sale (Purchase) of Intangibles	-	-	-	-	-	-6
Investment in Securities	-2	2	-1	5	-5	3
Other Investing Activities	12	13	13	-	-	-
Investing Cash Flow	-452	-412	-2,109	-215	-214	-256
Short-Term Debt Issued	-	-	-	31	28	-
Long-Term Debt Issued	-	631	2,276	2,440	-	-
Total Debt Issued	3,727	631	2,276	2,471	28	-
Long-Term Debt Repaid	-	-430	-161	-13	-	-
Net Debt Issued (Repaid)	293	201	2,115	2,458	28	-
Repurchase of Common Stock	-17	-12	-10	-	-	-
Other Financing Activities	-21	-11	-27	-2,377	-740	-232
Financing Cash Flow	255	178	2,078	81	-712	-232
Foreign Exchange Rate Adjustments	10	-16	2	-8	-8	12
Net Cash Flow	-18	-18	-46	203	-61	46
Free Cash Flow	-196	-59	-198	170	680	269
Free Cash Flow Growth	-	-	-	-75.00%	152.79%	-56.54%
Free Cash Flow Margin	-3.94%	-1.23%	-4.78%	4.51%	18.06%	7.88%
Free Cash Flow Per Share	-0.56	-0.17	-0.56	0.48	1.94	0.77
Cash Interest Paid	415	415	238	132	-	-
Cash Income Tax Paid	91	91	64	83	53	-
Levered Free Cash Flow	35.38	188.38	-151.38	210.25	615.88	377.63
Unlevered Free Cash Flow	298.5	437.75	25.5	301.5	615.88	377.63
Change in Working Capital	-97	-87	-287	-19	28	-59

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.