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SEGMENT INFORMATION
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Our business is currently comprised of 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 global segment for our 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).

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)2023202220232022
Net sales:
Americas$1,564 $1,494 $3,030 $2,971 
EMEA762 738 1,476 1,437 
APAC638 647 1,240 1,274 
Hillrom743 715 1,474 1,470 
Total net sales$3,707 $3,594 $7,220 $7,152 
Operating income:
Americas$498 $488 $918 $1,008 
EMEA112 169 218 288 
APAC118 156 225 307 
Hillrom147 149 305 349 
Total segment operating income$875 $962 $1,666 $1,952 
The following is a reconciliation of segment operating income to income (loss) from continuing operations before income taxes per the condensed consolidated statements of income.
Three months ended
June 30,		Six months ended
June 30,
(in millions)2023202220232022
Total segment operating income$875 $962 $1,666 $1,952 
Corporate and other(892)(698)(1,554)(1,605)
Total operating income (loss)(17)264 112 347 
Interest expense, net124 89 241 174 
Other (income) expense, net42 (44)40 (60)
Income (loss) from continuing operations before income taxes$(183)$219 $(169)$233 
We are implementing a new operating model intended to simplify and streamline our operations and we expect that our reportable segments will be changed to align with that new operating model when it is fully implemented, which is currently expected in the second half of 2023.