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Condensed Consolidated Statements of Comprehensive Loss (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Statement of Comprehensive Income [Abstract]        
Income (loss) from continuing operations $ 61 $ 37 $ 162 $ (38)
Other comprehensive income (loss) from continuing operations, net of tax:        
Currency translation adjustments, net of tax expense (benefit) of ($19) and $12 for the three months ended September 30, 2024 and 2023, respectively, and ($3) and $2 for the nine months ended September 30, 2024 and 2023, respectively. 106 (36) (61) (39)
Pension and other postretirement benefits, net of tax expense (benefit) of ($2) and zero for the three months ended September 30, 2024 and 2023, respectively, and zero and ($3) for the nine months ended September 30, 2024 and 2023, respectively. (6) (1) (2) (11)
Hedging activities, net of tax expense (benefit) of ($3) and $2 for the three months ended September 30, 2024 and 2023, respectively and zero and $3 for the nine months ended September 30, 2024 and 2023, respectively. (9) 5 2 10
Total other comprehensive income (loss) from continuing operations, net of tax 91 (32) (61) (40)
Comprehensive loss from continuing operations 152 5 101 (78)
Income (loss) from discontinued operations, net of tax 83 2,474 (290) 2,455
Currency translation adjustments, net of tax expense (benefit) of $(11) and $(1) for the three months ended September 30, 2024 and 2023, respectively, and $(15) and $(1) for the nine months ended September 30, 2024 and 2023, respectively. 90 134 (35) 162
Pension and other postretirement benefits, net of tax expense (benefit) of zero for the three and nine months ended September 30, 2024 and 2023 0 (4) (1) (5)
Total other comprehensive income (loss) from discontinued operations 90 130 (36) 157
Comprehensive income (loss) from discontinued operations 173 2,604 (326) 2,612
Comprehensive income (loss) 325 2,609 (225) 2,534
Less: Comprehensive income attributable to noncontrolling interests 4 3 9 6
Less: Other comprehensive loss attributable to noncontrolling interests 0 0 (4) 0
Comprehensive income (loss) attributable to Baxter stockholders $ 321 $ 2,606 $ (230) $ 2,528