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EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The numerator for both basic and diluted earnings per share (EPS) is net income (loss) attributable to Baxter stockholders. The denominator for basic EPS is the weighted-average number of shares outstanding during the period. The dilutive effect of outstanding stock options, RSUs and PSUs is reflected in the denominator for diluted EPS using the treasury stock method.
The following table is a reconciliation of net income (loss) attributable to Baxter stockholders.
Three months ended
September 30,		Nine months ended
September 30,
(in millions)2023202220232022
Income (loss) from continuing operations$51 $(2,991)$(142)$(2,798)
Less: Net income attributable to noncontrolling interests3 3 6 8 
Income (loss) from continuing operations attributable to Baxter stockholders48 (2,994)(148)(2,806)
Income from discontinued operations2,460 57 2,559 192 
Net income (loss) attributable to Baxter stockholders$2,508 $(2,937)$2,411 $(2,614)
The following table is a reconciliation of basic shares and diluted shares.
Three months ended
September 30,		Nine months ended
September 30,
(in millions)2023202220232022
Basic shares507 504 506 503 
Effect of dilutive securities2 — — — 
Diluted shares509 504 506 503 
The effect of dilutive securities for the three months ended September 30, 2023 includes unexercised stock options, unvested RSUs and contingently issuable shares related to granted PSUs. Basic and diluted shares are the same for the three months ended September 30, 2022 and the nine months ended September 30, 2023 and 2022 due to our net losses from continuing operations for those periods.
Diluted EPS excludes 18 million and 25 million shares issuable under equity awards for the three and nine months ended September 30, 2023, respectively, and 23 million shares issuable under equity awards for the three and nine months ended September 30, 2022, respectively, because their inclusion would have had an anti-dilutive effect on diluted EPS.