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Condensed Consolidated Statements of Loss (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 2,699 $ 2,599 $ 7,883 $ 7,634
Cost of sales 1,666 1,543 4,858 4,584
Gross margin 1,033 1,056 3,025 3,050
Selling, general and administrative expenses 754 744 2,206 2,270
Research and development expenses 129 133 379 391
Other operating income, net (5) 0 (9) (14)
Operating income 155 179 449 403
Interest expense, net 87 127 251 367
Other (income) expense, net 1 12 34 (15)
Income from continuing operations before income taxes 69 64 232 21
Income tax expense 8 27 70 59
Income (loss) from continuing operations 61 37 162 (38)
Income (loss) from discontinued operations, net of tax 83 2,474 (290) 2,455
Net income (loss) 144 2,511 (128) 2,417
Net income attributable to noncontrolling interests included in continuing operations 0 0 0 0
Net income attributable to noncontrolling interests included in discontinued operations 4 3 9 6
Less: Comprehensive income attributable to noncontrolling interests 4 3 9 6
Net income (loss) attributable to Baxter stockholders $ 140 $ 2,508 $ (137) $ 2,411
Income (loss) from continuing operations per common share        
Income from continuing operations per common share, basic (in dollars per share) $ 0.12 $ 0.07 $ 0.32 $ (0.08)
Income from continuing operations per common share, diluted (in dollars per share) 0.12 0.07 0.32 (0.08)
Income (loss) from discontinued operations per common share        
Income from discontinued operations per common share, basic (in dollars per share) 0.15 4.88 (0.59) 4.84
Income from discontinued operations per common share, diluted (in dollars per share) 0.15 4.86 (0.59) 4.84
Income (loss) per common share        
Basic (in dollars per share) 0.27 4.95 (0.27) 4.76
Diluted (in dollars per share) $ 0.27 $ 4.93 $ (0.27) $ 4.76
Weighted-average number of shares outstanding        
Basic (in shares) 510 507 509 506
Diluted (in shares) 512 509 511 506