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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Current assets:
Cash and cash equivalents
Accounts receivable, net of allowances of $56 in 2026 and $63 in 2025
Inventories
Prepaid expenses and other current assets
Current assets of discontinued operations
Total current assets
Property, plant and equipment, net
Goodwill
Other intangible assets, net
Operating lease right-of-use assets
Other non-current assets
Non-current assets of discontinued operations
Total assets
Current liabilities:
Short-term debt
Current maturities of long-term debt and finance lease obligations
Accounts payable
Accrued expenses and other current liabilities
Current liabilities of discontinued operations
Total current liabilities
Long-term debt and finance lease obligations, less current portion
Operating lease liabilities
Other non-current liabilities
Non-current liabilities of discontinued operations
Total liabilities
Equity:
Common stock, $1 par value, authorized 2,000,000,000 shares, issued 683,494,944 shares in 2026 and 2025
Common stock in treasury, at cost, 166,499,043 shares in 2026 and 169,213,617 shares in 2025
Additional contributed capital
Retained earnings
Accumulated other comprehensive loss
Total Baxter stockholders’ equity
Noncontrolling interests
Total equity
Total liabilities and equity

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