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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Net sales $ 14,813,000,000 $ 14,506,000,000 $ 12,146,000,000
Cost of sales 9,838,000,000 9,440,000,000 7,426,000,000
Gross margin 4,975,000,000 5,066,000,000 4,720,000,000
Selling, general and administrative expenses 3,946,000,000 3,859,000,000 2,845,000,000
Research and development expenses 667,000,000 602,000,000 531,000,000
Goodwill impairments 0 2,812,000,000 0
Other operating expense (income), net (28,000,000) 36,000,000 (6,000,000)
Operating income (loss) 390,000,000 (2,243,000,000) 1,350,000,000
Interest expense, net 442,000,000 395,000,000 193,000,000
Other (income) expense, net 51,000,000 12,000,000 41,000,000
Income (loss) from continuing operations before income taxes (103,000,000) (2,650,000,000) 1,116,000,000
Income tax (benefit) expense (34,000,000) 4,000,000 83,000,000
Income (loss) from continuing operations (69,000,000) (2,654,000,000) 1,033,000,000
Income from discontinued operations, net of tax 2,732,000,000 233,000,000 262,000,000
Net income (loss) 2,663,000,000 (2,421,000,000) 1,295,000,000
Net income attributable to noncontrolling interests 7,000,000 12,000,000 11,000,000
Net income (loss) attributable to Baxter stockholders $ 2,656,000,000 $ (2,433,000,000) $ 1,284,000,000
Income (loss) from continuing operations per common share      
Basic (in dollars per share) $ (0.15) $ (5.29) $ 2.04
Diluted (in dollars per share) (0.15) (5.29) 2.01
Income from discontinued operations per common share      
Basic (in dollars per share) 5.40 0.46 0.52
Diluted (in dollars per share) 5.40 0.46 0.52
Net Income (loss) per common share      
Basic (in dollars per share) 5.25 (4.83) 2.56
Diluted (in dollars per share) $ 5.25 $ (4.83) $ 2.53
Weighted-average number of shares outstanding      
Basic (in shares) 506 504 502
Diluted (in shares) 506 504 508