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Condensed Consolidated Statements of Income (Loss) (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net sales $ 3,707 $ 3,594 $ 7,220 $ 7,152
Cost of sales 2,596 2,223 4,834 4,519
Gross margin 1,111 1,371 2,386 2,633
Selling, general and administrative expenses 964 970 1,959 2,017
Research and development expenses 165 148 329 297
Other operating income, net (1) (11) (14) (28)
Operating income (loss) (17) 264 112 347
Interest expense, net 124 89 241 174
Other (income) expense, net 42 (44) 40 (60)
Income (loss) from continuing operations before income taxes (183) 219 (169) 233
Income tax expense 10 34 24 40
Income (loss) from continuing operations (193) 185 (193) 193
Income from discontinued operations, net of tax 54 70 99 135
Net income (loss) (139) 255 (94) 328
Net income attributable to noncontrolling interests 2 3 3 5
Net income (loss) attributable to Baxter stockholders $ (141) $ 252 $ (97) $ 323
Income (loss) from continuing operations per common share        
Income from continuing operations per common share, basic (in dollars per share) $ (0.39) $ 0.36 $ (0.39) $ 0.37
Income from continuing operations per common share, diluted (in dollars per share) (0.39) 0.36 (0.39) 0.37
Income from discontinued operations per common share        
Income from discontinued operations per common share, basic (in dollars per share) 0.11 0.14 0.20 0.27
Income from discontinued operations per common share, diluted (in dollars per share) 0.11 0.14 0.20 0.27
Net income (loss) per common share        
Basic (in dollars per share) (0.28) 0.50 (0.19) 0.64
Diluted (in dollars per share) $ (0.28) $ 0.50 $ (0.19) $ 0.64
Weighted-average number of shares outstanding        
Basic (in shares) 506 504 506 503
Diluted (in shares) 506 508 506 508