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SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
We manage our business based on four segments, consisting of the following geographic segments related to our legacy Baxter business: Americas (North and South America), EMEA (Europe, Middle East and Africa) and APAC (Asia Pacific), and a new global segment for the acquired Hillrom business. The Americas, EMEA and APAC segments provide a broad portfolio of essential healthcare products, including acute and chronic dialysis therapies; sterile IV solutions; infusion systems and devices; parenteral nutrition therapies; inhaled anesthetics; generic injectable pharmaceuticals; and surgical hemostat and sealant products. The Hillrom segment provides digital and connected care solutions and collaboration tools, including smart bed systems, patient monitoring and diagnostic technologies, respiratory health devices, and advanced equipment for the surgical space.
We use operating income on a segment basis to make resource allocation decisions and assess the ongoing performance of our business segments. Intersegment sales are eliminated in consolidation.

Certain items are maintained at Corporate and are not allocated to a segment. They primarily include corporate headquarters costs, certain R&D costs, manufacturing variances and centrally managed supply chain costs, product category support costs, stock compensation expense, certain employee benefit plan costs, and certain gains, losses, and other charges (such as business optimization, acquisition and integration costs, intangible asset amortization and asset impairments). For the period from our acquisition of Hillrom on December 13, 2021 through December 31, 2021, we previously included all costs incurred by the Hillrom business within that segment, including the types of costs described in the preceding sentence that are maintained at Corporate for our legacy Baxter segments. In connection with our ongoing integration activities, beginning in the first quarter 2022, we have updated the measure of profitability for our Hillrom segment by excluding such unallocated costs, consistent with our legacy Baxter segments. Those unallocated costs related to Hillrom, which totaled $61 million and $280 million for the three and six months ended June 30, 2022, respectively, are now presented within Corporate as well.

Our chief operating decision maker does not receive any asset information by operating segment and, accordingly, we do not report asset information by operating segment.
Financial information for our segments is as follows.
Three months ended
June 30,		Six months ended
June 30,
(in millions)2022202120222021
Net sales:
Americas$1,646 $1,624 $3,272 $3,184 
EMEA738 783 1,437 1,521 
APAC647 691 1,274 1,339 
Hillrom715 — 1,470 — 
Total net sales$3,746 $3,098 $7,453 $6,044 
Operating income:
Americas$567 $632 $1,177 $1,231 
EMEA169 159 288 294 
APAC156 152 307 290 
Hillrom149 — 349 — 
Total segment operating income$1,041 $943 $2,121 $1,815 
The following is a reconciliation of segment operating income to income before income taxes per the condensed consolidated statements of income.
Three months ended
June 30,		Six months ended
June 30,
(in millions)2022202120222021
Total segment operating income$1,041 $943 $2,121 $1,815 
Corporate and other(701)(519)(1,618)(1,001)
Total operating income340 424 503 814 
Interest expense, net89 34 174 68 
Other (income) expense, net(44)(2)(60)3 
Income before income taxes$295 $392 $389 $743 
Refer to Note 9 for additional information on Net Sales by product category.