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Condensed Consolidated Statements of Loss (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net sales $ 3,812 $ 3,707 $ 7,404 $ 7,220
Cost of sales 2,381 2,596 4,586 4,834
Gross margin 1,431 1,111 2,818 2,386
Selling, general and administrative expenses 1,021 964 2,048 1,959
Research and development expenses 173 165 349 329
Goodwill impairment 430 0 430 0
Other operating income, net (1) (1) (4) (14)
Operating income (loss) (192) (17) (5) 112
Interest expense, net 85 124 163 241
Other (income) expense, net 20 (42) 27 (40)
Loss from continuing operations before income taxes (257) (183) (141) (169)
Income tax expense 54 10 131 24
Loss from continuing operations (311) (193) (272) (193)
Income from discontinued operations, net of tax 0 54 0 99
Net loss (311) (139) (272) (94)
Less: Comprehensive income attributable to noncontrolling interests 3 2 5 3
Net loss attributable to Baxter stockholders $ (314) $ (141) $ (277) $ (97)
Loss from continuing operations per common share        
Income from continuing operations per common share, basic (in dollars per share) $ (0.62) $ (0.39) $ (0.54) $ (0.39)
Income from continuing operations per common share, diluted (in dollars per share) (0.62) (0.39) (0.54) (0.39)
Income from discontinued operations per common share        
Income from discontinued operations per common share, basic (in dollars per share) 0.00 0.11 0.00 0.20
Income from discontinued operations per common share, diluted (in dollars per share) 0.00 0.11 0.00 0.20
Loss per common share        
Basic (in dollars per share) (0.62) (0.28) (0.54) (0.19)
Diluted (in dollars per share) $ (0.62) $ (0.28) $ (0.54) $ (0.19)
Weighted-average number of shares outstanding        
Basic (in shares) 510 506 509 506
Diluted (in shares) 510 506 509 506