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Condensed Consolidated Statements of Loss (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net sales $ 2,810 $ 2,694 $ 5,435 $ 5,184
Cost of sales 1,819 1,663 3,583 3,192
Gross margin 991 1,031 1,852 1,992
Selling, general and administrative expenses 718 723 1,421 1,452
Research and development expenses 134 130 274 250
Other operating income, net (52) (1) (92) (4)
Operating income 191 179 249 294
Interest expense, net 58 86 122 164
Other (income) expense, net 0 24 3 33
Income (loss) from continuing operations before income taxes 133 117 130 163
Income tax expense (benefit) 11 22 (56) 62
Income (loss) from continuing operations 122 95 186 101
Income (loss) from discontinued operations, net of tax (31) (406) 31 (373)
Net income (loss) 91 (311) 217 (272)
Less: Net income attributable to noncontrolling interests included in continuing operations 0 0 0 0
Less: Net income attributable to noncontrolling interests included in discontinued operations 0 3 0 5
Net income attributable to noncontrolling interests 0 3 0 5
Net income (loss) attributable to Baxter stockholders $ 91 $ (314) $ 217 $ (277)
Income (loss) from continuing operations per common share        
Income from continuing operations per common share, basic (in dollars per share) $ 0.24 $ 0.19 $ 0.36 $ 0.20
Income from continuing operations per common share, diluted (in dollars per share) 0.24 0.19 0.36 0.20
Income (loss) from discontinued operations per common share        
Income from discontinued operations per common share, basic (in dollars per share) (0.06) (0.81) 0.06 (0.74)
Income from discontinued operations per common share, diluted (in dollars per share) (0.06) (0.80) 0.06 (0.74)
Income (loss) per common share        
Basic (in dollars per share) 0.18 (0.62) 0.42 (0.54)
Diluted (in dollars per share) $ 0.18 $ (0.61) $ 0.42 $ (0.54)
Weighted-average number of shares outstanding        
Basic (in shares) 513 510 512 509
Diluted (in shares) 514 511 514 510