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Condensed Consolidated Statements of Changes in Equity (unaudited) - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Total Baxter stockholders' equity
Total Baxter stockholders' equity
Cumulative Effect, Period of Adoption, Adjustment
Common stock
Common stock in treasury
Additional contributed capital
Retained earnings
Retained earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated other comprehensive income (loss)
Noncontrolling interests
Beginning of period (in shares) at Dec. 31, 2019         683,000,000            
Beginning of period at Dec. 31, 2019 $ 7,912 $ (4) $ 7,882 $ (4) $ 683 $ (10,764) $ 5,955 $ 15,718 $ (4) $ (3,710) $ 30
Beginning of period, treasury shares (in shares) at Dec. 31, 2019           177,000,000          
Gains (losses)                      
Net income 939   934         934     5
Other comprehensive income (loss) (129)   (129)             (129)  
Stock issued under employee benefit plans and other (in shares)           (4,000,000)          
Stock issued under employee benefit plans and other 247   247     $ 193 54        
Dividends declared on common stock (363)   (363)         (363)      
End of period (in shares) at Sep. 30, 2020         683,000,000            
End of period at Sep. 30, 2020 8,602   8,567   $ 683 $ (10,571) 6,009 16,285   (3,839) 35
End of period, treasury shares (in shares) at Sep. 30, 2020           173,000,000          
Beginning of period (in shares) at Jun. 30, 2020         683,000,000            
Beginning of period at Jun. 30, 2020 8,160   8,128   $ 683 $ (10,597) 5,975 16,055   (3,988) 32
Beginning of period, treasury shares (in shares) at Jun. 30, 2020           173,000,000          
Gains (losses)                      
Net income 359   356         356     3
Other comprehensive income (loss) 149   149             149  
Stock issued under employee benefit plans and other (in shares)           0          
Stock issued under employee benefit plans and other 60   60     $ 26 34        
Dividends declared on common stock (126)   (126)         (126)      
End of period (in shares) at Sep. 30, 2020         683,000,000            
End of period at Sep. 30, 2020 $ 8,602   8,567   $ 683 $ (10,571) 6,009 16,285   (3,839) 35
End of period, treasury shares (in shares) at Sep. 30, 2020           173,000,000          
Beginning of period (in shares) at Dec. 31, 2020 683,494,944       683,000,000            
Beginning of period at Dec. 31, 2020 $ 8,726   8,689   $ 683 $ (11,051) 6,043 16,328   (3,314) 37
Beginning of period, treasury shares (in shares) at Dec. 31, 2020 178,580,208         179,000,000          
Gains (losses)                      
Net income $ 1,053   1,046         1,046     7
Other comprehensive income (loss) $ (168)   (168)             (168)  
Purchases of treasury stock (in shares) 7,300,000         7,000,000          
Purchases of treasury stock $ (600)   (600)     $ (600) 0        
Stock issued under employee benefit plans and other (in shares)           (3,000,000)          
Stock issued under employee benefit plans and other 210   210     $ 122 88 0      
Dividends declared on common stock (407)   (407)         (407)      
Change in noncontrolling interests $ 1                   1
End of period (in shares) at Sep. 30, 2021 683,494,944       683,000,000            
End of period at Sep. 30, 2021 $ 8,815   8,770   $ 683 $ (11,529) 6,131 16,967   (3,482) 45
End of period, treasury shares (in shares) at Sep. 30, 2021 182,847,640         183,000,000          
Beginning of period (in shares) at Jun. 30, 2021         683,000,000            
Beginning of period at Jun. 30, 2021 $ 8,535   8,494   $ 683 $ (11,561) 6,090 16,658   (3,376) 41
Beginning of period, treasury shares (in shares) at Jun. 30, 2021           184,000,000          
Gains (losses)                      
Net income 452   450         450     2
Other comprehensive income (loss) (106)   (106)             (106)  
Stock issued under employee benefit plans and other (in shares)           (1,000,000)          
Stock issued under employee benefit plans and other 73   73     $ 32 41        
Dividends declared on common stock (141)   (141)         (141)      
Change in noncontrolling interests $ 2                   2
End of period (in shares) at Sep. 30, 2021 683,494,944       683,000,000            
End of period at Sep. 30, 2021 $ 8,815   $ 8,770   $ 683 $ (11,529) $ 6,131 $ 16,967   $ (3,482) $ 45
End of period, treasury shares (in shares) at Sep. 30, 2021 182,847,640         183,000,000