Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 3,335	$ 1,838
Accounts receivable, net	1,896	1,840
Inventory, Net	1,653	1,667
Prepaid expenses and other current assets	619	614
Total current assets	7,503	5,959
Property, Plant and Equipment, Net	4,512	4,530
Goodwill	3,030	3,002
Intangible Assets, Net (Excluding Goodwill)	1,471	1,410
Operating lease right-of-use assets	608
Other non-current assets	1,069	819
Total assets	18,193	15,720
Current liabilities:
Short-term debt	226	2
Current maturities of long-term debt and finance lease obligations	315	2
Accounts payable and accrued liabilities	2,689	2,810
Total current liabilities	3,230	2,814
Long-term debt and finance lease obligations	4,809	3,481
Operating lease liabilities	510
Other non-current liabilities	1,732	1,559
Total liabilities	10,281	7,854
Commitments and contingencies
Equity:
Common stock, $1 par value, authorized 2,000,000,000 shares, issued 683,494,944 shares in 2019 and 2018	683	683
Common stock in treasury, at cost, 177,340,358 shares in 2019 and 170,495,859 shares in 2018	(10,764)	(9,989)
Additional contributed capital	5,955	5,898
Retained earnings	15,718	15,075
Accumulated other comprehensive (loss) income	(3,710)	(3,823)
Total Baxter stockholders’ equity	7,882	7,844
Noncontrolling interests	30	22
Total equity	7,912	7,866
Total liabilities and equity	$ 18,193	$ 15,720