Overview Financials News + Filings Key Docs Charts Transactions Holdings Ownership Insiders
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| In millions, except per share items | Jun-30-23 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Mar-31-21 | Dec-31-20 |
| | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K |
| Net sales | 3,707.0 | 3,594.0 | 3,707.0 | 3,514.0 | 3,226.0 | 3,098.0 | 2,946.0 | 3,181.0 |
| Net sales growth | 3.1% | 16.0% | 25.8% | 10.5% | 8.5% | 14.0% | 5.1% | 4.7% |
| Cost of sales | 2,596.0 | 2,223.0 | 2,359.0 | 2,108.0 | 1,905.0 | 1,865.0 | 1,801.0 | 1,990.0 |
| Gross margin | 1,111.0 | 1,371.0 | 1,348.0 | 1,406.0 | 1,321.0 | 1,233.0 | 1,145.0 | 1,191.0 |
| Gross margin | 30.0% | 38.1% | 36.4% | 40.0% | 40.9% | 39.8% | 38.9% | 37.4% |
| Selling, general and administrative expenses | 964.0 | 970.0 | 1,052.0 | 885.0 | 680.0 | 675.0 | 627.0 | 650.0 |
| Research and development expenses | 165.0 | 148.0 | 150.0 | 138.0 | 129.0 | 139.0 | 128.0 | 135.0 |
| Other operating income, net | -1.0 | -11.0 | -17.0 | | -1.0 | -5.0 | | |
| Operating income (loss) | -17.0 | 264.0 | 163.0 | 383.0 | 513.0 | 424.0 | 390.0 | 406.0 |
| Operating margin | -0.5% | 7.3% | 4.4% | 10.9% | 15.9% | 13.7% | 13.2% | 12.8% |
| Interest expense, net | 124.0 | 89.0 | 85.0 | -310.0 | 50.0 | 34.0 | 34.0 | -230.0 |
| Other (income) expense, net | 42.0 | -44.0 | -16.0 | -56.0 | 12.0 | -6.0 | 5.0 | -222.0 |
| Income (loss) from continuing operations before income taxes | -183.0 | 219.0 | 94.0 | 283.0 | 451.0 | 392.0 | 351.0 | 210.0 |
| Income tax expense | 10.0 | 34.0 | 21.0 | 41.0 | -1.0 | 91.0 | 51.0 | 39.0 |
| Income (loss) from continuing operations | -193.0 | 185.0 | 73.0 | 242.0 | 452.0 | 301.0 | 300.0 | 171.0 |
| Income from discontinued operations, net of tax | 54.0 | 70.0 | | | | | | |
| Net income (loss) | -332.0 | 255.0 | 73.0 | 242.0 | 452.0 | 301.0 | 300.0 | 171.0 |
| Net income attributable to noncontrolling interests | 2.0 | 3.0 | 2.0 | 4.0 | 2.0 | 3.0 | 2.0 | 3.0 |
| Net income (loss) attributable to Baxter stockholders | -141.0 | 252.0 | 71.0 | 238.0 | 450.0 | 298.0 | 298.0 | 168.0 |
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| Income (loss) from continuing operations per common share | | | | | | | | |
| Income from continuing operations per common share, basic (in dollars per share) | 0.0 | 0.0 | 503.0 | -1.0 | 500.0 | 503.0 | 505.0 | |
| Income from continuing operations per common share, diluted | 0.0 | 0.0 | 509.0 | -1.0 | 506.0 | 509.0 | 511.0 | |
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| Income from discontinued operations per common share | | | | | | | | |
| Income from discontinued operations per common share, basic | 0.0 | 0.0 | | | | | | |
| Income from discontinued operations per common share, diluted | 0.0 | 0.0 | | | | | | |
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| Net income (loss) per common share | | | | | | | | |
| Basic (in dollars per share) | ($0.28) | $0.50 | $0.14 | $0.48 | $0.90 | $0.59 | $0.59 | $0.34 |
| Diluted (in dollars per share) | ($0.28) | $0.50 | $0.14 | $0.47 | $0.89 | $0.59 | $0.58 | $0.32 |
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| Weighted-average number of shares outstanding | | | | | | | | |
| Basic (in shares) | 506.0 | 504.0 | 503.0 | 502.0 | 500.0 | 503.0 | 505.0 | 509.0 |
| Diluted (in shares) | 506.0 | 508.0 | 509.0 | 508.0 | 506.0 | 509.0 | 511.0 | 517.0 |
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