$BAX
BAXTER INTERNATIONAL INC

2013 Q4 Form 10-Q Financial Statement

#000119312513418807 Filed on October 30, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $4.322B $3.710B $3.477B
YoY Change 15.16% 6.7% -0.06%
Cost Of Revenue $2.190B $1.804B $1.667B
YoY Change 20.66% 8.22% -2.4%
Gross Profit $1.996B $1.906B $1.810B
YoY Change 4.78% 5.3% 2.2%
Gross Profit Margin 46.18% 51.37% 52.06%
Selling, General & Admin $931.0M $975.0M $743.0M
YoY Change 14.94% 31.22% -5.59%
% of Gross Profit 46.64% 51.15% 41.05%
Research & Development $289.0M $277.0M $290.0M
YoY Change 9.89% -4.48% 21.34%
% of Gross Profit 14.48% 14.53% 16.02%
Depreciation & Amortization $250.0M $207.0M $179.0M
YoY Change 40.45% 15.64% 1.7%
% of Gross Profit 12.53% 10.86% 9.89%
Operating Expenses $1.220B $1.252B $1.033B
YoY Change -1.85% 21.2% 0.68%
Operating Profit $776.0M $654.0M $777.0M
YoY Change 17.22% -15.83% 4.3%
Interest Expense -$58.00M $51.00M $31.00M
YoY Change 163.64% 64.52% 34.78%
% of Operating Profit -7.47% 7.8% 3.99%
Other Income/Expense, Net $41.00M $55.00M $14.00M
YoY Change -63.72% 292.86% -450.0%
Pretax Income $524.0M $940.0M $925.0M
YoY Change -8.71% 1.62% -6.28%
Income Tax $115.0M $136.0M $183.0M
% Of Pretax Income 21.95% 14.47% 19.78%
Net Earnings $326.0M $544.0M $583.0M
YoY Change -34.01% -6.69% 1.22%
Net Earnings / Revenue 7.54% 14.66% 16.77%
Basic Earnings Per Share $0.60 $1.00 $1.07
Diluted Earnings Per Share $0.59 $0.99 $1.06
COMMON SHARES
Basic Shares Outstanding 542.7M shares 543.0M shares 548.0M shares
Diluted Shares Outstanding 549.0M shares 552.0M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.733B $2.376B $3.191B
YoY Change -16.42% -25.54% 36.48%
Cash & Equivalents $2.733B $2.376B $3.191B
Short-Term Investments
Other Short-Term Assets $1.052B $874.0M $759.0M
YoY Change 38.06% 15.15% 9.05%
Inventory $3.499B $3.581B $2.831B
Prepaid Expenses
Receivables $2.911B $2.766B $2.324B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $10.20B $9.597B $9.105B
YoY Change 10.1% 5.4% 13.78%
LONG-TERM ASSETS
Property, Plant & Equipment $4.408B $7.518B $5.862B
YoY Change -27.71% 28.25% 8.04%
Goodwill $3.290B $3.780B $2.498B
YoY Change 31.49% 51.32%
Intangibles $2.294B $2.682B $867.0M
YoY Change 181.82% 209.34%
Long-Term Investments
YoY Change
Other Assets $698.0M $1.673B $1.493B
YoY Change -59.32% 12.06% -5.86%
Total Long-Term Assets $15.03B $15.65B $10.72B
YoY Change 35.03% 46.02% 8.93%
TOTAL ASSETS
Total Short-Term Assets $10.20B $9.597B $9.105B
Total Long-Term Assets $15.03B $15.65B $10.72B
Total Assets $25.22B $25.25B $19.83B
YoY Change 23.71% 27.36% 11.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.200B $4.575B $4.125B
YoY Change -3.93% 10.91% 1.35%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $181.0M $42.00M $16.00M
YoY Change 570.37% 162.5% -81.61%
Long-Term Debt Due $859.0M $372.0M $317.0M
YoY Change 165.94% 17.35% 3862.5%
Total Short-Term Liabilities $5.248B $4.996B $4.458B
YoY Change 10.28% 12.07% 7.03%
LONG-TERM LIABILITIES
Long-Term Debt $8.126B $8.652B $5.614B
YoY Change 45.63% 54.11% 26.24%
Other Long-Term Liabilities $3.364B $3.856B $2.563B
YoY Change 9.47% 50.45% 25.58%
Total Long-Term Liabilities $3.364B $3.856B $2.563B
YoY Change 9.47% 50.45% -60.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.248B $4.996B $4.458B
Total Long-Term Liabilities $3.364B $3.856B $2.563B
Total Liabilities $8.612B $8.852B $7.021B
YoY Change 9.96% 26.08% -35.53%
SHAREHOLDERS EQUITY
Retained Earnings $11.85B $11.79B $10.64B
YoY Change 8.85% 10.81%
Common Stock $6.501B $683.0M $6.457B
YoY Change 0.76% -89.42%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.914B $7.911B $7.421B
YoY Change 4.24% 6.6%
Treasury Stock Shares 140.5M shares 140.4M shares 134.9M shares
Shareholders Equity $8.463B $7.749B $7.129B
YoY Change
Total Liabilities & Shareholders Equity $25.22B $25.25B $19.83B
YoY Change 23.71% 27.36% 11.11%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $326.0M $544.0M $583.0M
YoY Change -34.01% -6.69% 1.22%
Depreciation, Depletion And Amortization $250.0M $207.0M $179.0M
YoY Change 40.45% 15.64% 1.7%
Cash From Operating Activities $1.083B $966.0M $747.0M
YoY Change 14.6% 29.32% -18.98%
INVESTING ACTIVITIES
Capital Expenditures -$488.0M -$398.0M -$259.0M
YoY Change 22.31% 53.67% 10.21%
Acquisitions
YoY Change
Other Investing Activities -$79.00M -$3.681B -$104.0M
YoY Change -8000.0% 3439.42% 285.19%
Cash From Investing Activities -$567.0M -$4.079B -$363.0M
YoY Change 42.46% 1023.69% 38.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -150.0M -500.0M 460.0M
YoY Change -66.74% -208.7% -250.33%
NET CHANGE
Cash From Operating Activities 1.083B 966.0M 747.0M
Cash From Investing Activities -567.0M -4.079B -363.0M
Cash From Financing Activities -150.0M -500.0M 460.0M
Net Change In Cash 366.0M -3.613B 844.0M
YoY Change 281.25% -528.08% 138.42%
FREE CASH FLOW
Cash From Operating Activities $1.083B $966.0M $747.0M
Capital Expenditures -$488.0M -$398.0M -$259.0M
Free Cash Flow $1.571B $1.364B $1.006B
YoY Change 16.89% 35.59% -13.05%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q2 bax Sold Receivables
SoldReceivables
154000000
CY2012Q3 us-gaap Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedge
DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge
21000000
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3191000000
CY2012Q3 bax Sold Receivables
SoldReceivables
154000000
CY2013Q2 bax Sold Receivables
SoldReceivables
129000000
CY2013Q3 bax Number Of Derivative Actions Consolidated In State Court
NumberOfDerivativeActionsConsolidatedInStateCourt
2 DerivativeAction
CY2013Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
874000000
CY2013Q3 us-gaap Goodwill
Goodwill
3780000000
CY2013Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
13324000000
CY2013Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
8000000
CY2013Q3 us-gaap Derivative Asset Fair Value Net
DerivativeAssetFairValueNet
88000000
CY2013Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1673000000
CY2013Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
222000000
CY2013Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
42000000
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
7749000000
CY2013Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2013Q3 us-gaap Notional Amount Of Other Derivatives Not Designated As Hedging Instruments
NotionalAmountOfOtherDerivativesNotDesignatedAsHedgingInstruments
318000000
CY2013Q3 us-gaap Notional Amount Of Interest Rate Cash Flow Hedge Derivatives
NotionalAmountOfInterestRateCashFlowHedgeDerivatives
1000000000
CY2013Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q3 us-gaap Available For Sale Securities Gross Unrealized Gain Loss
AvailableForSaleSecuritiesGrossUnrealizedGainLoss
19000000
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7746000000
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-1169000000
CY2013Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2013Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
199000000
CY2013Q3 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
2766000000
CY2013Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
140445862 shares
CY2013Q3 us-gaap Notional Amount Of Interest Rate Fair Value Hedge Derivatives
NotionalAmountOfInterestRateFairValueHedgeDerivatives
500000000
CY2013Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
372000000
CY2013Q3 bax Infusion Pump Reserve Balance
InfusionPumpReserveBalance
107000000
CY2013Q3 bax Assets Noncurrent Excluding Property Plant And Equipment
AssetsNoncurrentExcludingPropertyPlantAndEquipment
8135000000
CY2013Q3 us-gaap Assets Current
AssetsCurrent
9597000000
CY2013Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1605000000
CY2013Q3 us-gaap Derivative Liability Fair Value Net1
DerivativeLiabilityFairValueNet1
CY2013Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5806000000
CY2013Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7518000000
CY2013Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
5785000000
CY2013Q3 bax Intangible Assets Excluding Goodwill Accumulated Amortization
IntangibleAssetsExcludingGoodwillAccumulatedAmortization
758000000
CY2013Q3 bax Business Optimization Reserve Balance
BusinessOptimizationReserveBalance
174000000
CY2013Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
1009000000
CY2013Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8652000000
CY2013Q3 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
110000000
CY2013Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
227000000
CY2013Q3 us-gaap Notional Amount Of Foreign Currency Cash Flow Hedge Derivatives
NotionalAmountOfForeignCurrencyCashFlowHedgeDerivatives
2200000000
CY2013Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3856000000
CY2013Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
344000000
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-1500000000
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
11792000000
CY2013Q3 us-gaap Assets
Assets
25250000000
CY2013Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
1100000000
CY2013Q3 us-gaap Inventory Net
InventoryNet
3581000000
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
25250000000
CY2013Q3 us-gaap Minority Interest
MinorityInterest
-3000000
CY2013Q3 us-gaap Treasury Stock Value
TreasuryStockValue
7911000000
CY2013Q3 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
91000000
CY2013Q3 us-gaap Commercial Paper
CommercialPaper
0
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2376000000
CY2013Q3 us-gaap Litigation Reserve
LitigationReserve
160000000
CY2013Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
683494944 shares
CY2013Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2682000000
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2600000000
CY2013Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
4582000000
CY2013Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
967000000
CY2013Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
204000000
CY2013Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
225000000
CY2013Q3 us-gaap Liabilities Current
LiabilitiesCurrent
4996000000
CY2013Q3 us-gaap Common Stock Value
CommonStockValue
683000000
CY2013Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2013Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
96000000
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
16000000
CY2013Q3 bax Maximum Length Of Time Hedge In Cash Flow Hedge
MaximumLengthOfTimeHedgeInCashFlowHedge
P15M
CY2013Q3 bax Other Net Of Tax Component Of Aoci
OtherNetOfTaxComponentOfAoci
53000000
CY2013Q3 bax Litigation Related Receivables
LitigationRelatedReceivables
9000000
CY2012Q4 us-gaap Assets
Assets
20390000000
CY2012Q4 us-gaap Inventory Net
InventoryNet
2803000000
CY2012Q4 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
15000000
CY2012Q4 us-gaap Notional Amount Of Foreign Currency Cash Flow Hedge Derivatives
NotionalAmountOfForeignCurrencyCashFlowHedgeDerivatives
1500000000
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3073000000
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
86000000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-1619000000
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
10888000000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
20390000000
CY2012Q4 us-gaap Minority Interest
MinorityInterest
40000000
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
7592000000
CY2012Q4 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
13000000
CY2012Q4 us-gaap Commercial Paper
CommercialPaper
0
CY2013Q3 bax Sold Receivables
SoldReceivables
118000000
CY2013Q3 bax Intangible Assets Excluding Goodwill Gross
IntangibleAssetsExcludingGoodwillGross
3440000000
CY2013Q3 bax Derivative Fair Value Of Derivative Assets Offset By Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeAssetsOffsetByFairValueOfDerivativeLiability
-8000000
CY2013Q3 bax Derivative Fair Value Of Derivative Liability Offset By Fair Value Of Derivative Assets
DerivativeFairValueOfDerivativeLiabilityOffsetByFairValueOfDerivativeAssets
-8000000
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
542697603 shares
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2905000000
CY2011Q4 bax Sold Receivables
SoldReceivables
160000000
CY2012Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
762000000
CY2012Q4 us-gaap Goodwill
Goodwill
2502000000
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11869000000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
37000000
CY2012Q4 us-gaap Derivative Asset Fair Value Net
DerivativeAssetFairValueNet
105000000
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1716000000
CY2012Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
27000000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
6938000000
CY2012Q4 us-gaap Notional Amount Of Other Derivatives Not Designated As Hedging Instruments
NotionalAmountOfOtherDerivativesNotDesignatedAsHedgingInstruments
3200000000
CY2012Q4 us-gaap Notional Amount Of Interest Rate Cash Flow Hedge Derivatives
NotionalAmountOfInterestRateCashFlowHedgeDerivatives
250000000
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q4 us-gaap Available For Sale Securities Gross Unrealized Gain Loss
AvailableForSaleSecuritiesGrossUnrealizedGainLoss
2000000
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6978000000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-1227000000
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
137281399 shares
CY2012Q4 us-gaap Notional Amount Of Interest Rate Fair Value Hedge Derivatives
NotionalAmountOfInterestRateFairValueHedgeDerivatives
500000000
CY2012Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
323000000
CY2012Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
2425000000
CY2012Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
898000000
CY2012Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5580000000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3270000000
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
683494944 shares
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
814000000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2810000000
CY2012Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
4409000000
CY2012Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
765000000
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
51000000
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4759000000
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
683000000
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
142000000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-5000000
CY2012Q4 us-gaap Assets Current
AssetsCurrent
9260000000
CY2012Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1140000000
CY2012Q4 us-gaap Derivative Liability Fair Value Net1
DerivativeLiabilityFairValueNet1
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5771000000
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6098000000
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
5769000000
CY2012Q4 bax Intangible Assets Excluding Goodwill Accumulated Amortization
IntangibleAssetsExcludingGoodwillAccumulatedAmortization
680000000
CY2012Q4 bax Business Optimization Reserve Balance
BusinessOptimizationReserveBalance
220000000
CY2012Q4 bax Infusion Pump Reserve Balance
InfusionPumpReserveBalance
127000000
CY2012Q4 bax Assets Noncurrent Excluding Property Plant And Equipment
AssetsNoncurrentExcludingPropertyPlantAndEquipment
5032000000
CY2012Q4 bax Other Net Of Tax Component Of Aoci
OtherNetOfTaxComponentOfAoci
41000000
CY2012Q4 bax Sold Receivables
SoldReceivables
157000000
CY2012Q4 bax Intangible Assets Excluding Goodwill Gross
IntangibleAssetsExcludingGoodwillGross
1494000000
CY2012Q4 bax Derivative Fair Value Of Derivative Assets Offset By Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeAssetsOffsetByFairValueOfDerivativeLiability
-37000000
CY2012Q4 bax Derivative Fair Value Of Derivative Liability Offset By Fair Value Of Derivative Assets
DerivativeFairValueOfDerivativeLiabilityOffsetByFairValueOfDerivativeAssets
-37000000
us-gaap Other Restructuring Costs
OtherRestructuringCosts
171000000
us-gaap Restructuring Charges
RestructuringCharges
678000000
bax Restructuring Reserve Period Expenses Cash
RestructuringReservePeriodExpensesCash
507000000
dei Trading Symbol
TradingSymbol
BAX
dei Entity Registrant Name
EntityRegistrantName
BAXTER INTERNATIONAL INC
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Entity Central Index Key
EntityCentralIndexKey
0000010456
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
us-gaap Other Comprehensive Income Loss Reclassification Pension And Other Postretirement Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Tax
OtherComprehensiveIncomeLossReclassificationPensionAndOtherPostretirementBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostTax
-67000000
us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge
-25000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax
13000000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2000000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
5250000000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.43
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
21000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
863000000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.204 pure
us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
11000000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3772000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
526000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-10000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1896000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-25000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
573000000
us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax
-124000000
us-gaap Share Based Compensation
ShareBasedCompensation
111000000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.06
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1037000000
us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
468000000
us-gaap Profit Loss
ProfitLoss
1686000000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
11000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2115000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4795000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
19000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
550000000 shares
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-9000000
us-gaap Sales Revenue Net
SalesRevenueNet
10891000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentRealizedUponSaleOrLiquidationNetOfTax
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
12000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
23000000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
15000000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
863000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
44000000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 Segment
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-894000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3498000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
119000000
us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Before Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax
-191000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
757000000
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
9000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
58000000
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
12400000 shares
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2118000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
210000000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.10
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
58000000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
809000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1795000000
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-153000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
269000000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
32000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
543000000 shares
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-5000000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
412000000
us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
1100000000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
7000000 shares
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
67000000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
169000000
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-56000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-14000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
5000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2889000000
us-gaap Gross Profit
GrossProfit
5641000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax
36000000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1261000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
432000000
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
380000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
85000000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
51000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5000000 shares
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-70000000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-9000000
us-gaap Net Income Loss
NetIncomeLoss
1686000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2617000000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
2000000
us-gaap Payments Of Dividends
PaymentsOfDividends
757000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
84000000
us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
17000000
us-gaap Interest Expense
InterestExpense
106000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
12000000
bax Business Optimization Reserve Cta
BusinessOptimizationReserveCta
3000000
bax Anticipated Amortization Of Intangible Assets For Current Year
AnticipatedAmortizationOfIntangibleAssetsForCurrentYear
142000000
bax Cash Collections Remitted To Owners Of Receivables
CashCollectionsRemittedToOwnersOfReceivables
394000000
bax Business Optimization Reserve Utilization
BusinessOptimizationReserveUtilization
61000000
bax Infusion Pump Reserve Utilization
InfusionPumpReserveUtilization
20000000
bax Net Interest Expense
NetInterestExpense
87000000
bax Restructuring Reserve Period Expenses Cash
RestructuringReservePeriodExpensesCash
32000000
bax Effect Of Currency Exchange Rate Changes
EffectOfCurrencyExchangeRateChanges
-25000000
bax Infusion Pump And Business Optimization Payments
InfusionPumpAndBusinessOptimizationPayments
81000000
bax Stock Based Compensation In Marketing And Administrative Expenses
StockBasedCompensationInMarketingAndAdministrativeExpenses
0.70 pure
bax Percentage Of Units Vesting By Performance Basis
PercentageOfUnitsVestingByPerformanceBasis
0.50 pure
bax Weighted Average Probability Of Payment Of Contingent Liability Percentage
WeightedAverageProbabilityOfPaymentOfContingentLiabilityPercentage
0.55 pure
bax Other Comprehensive Income Loss Reclassification Adjustment Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentNetOfTax
101000000
bax Other Comprehensive Income Loss Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationAdjustmentsNetOfTax
109000000
bax Other Comprehensive Income Loss Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentsNetOfTax
-101000000
bax Other Comprehensive Income Reclassification Of Defined Benefit Plan Net Actuarial Loss And Prior Service Cost Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlanNetActuarialLossAndPriorServiceCostRecognizedInNetPeriodicBenefitCostNetOfTax
124000000
bax Business Optimization Reserve Other Adjustments
BusinessOptimizationReserveOtherAdjustments
-20000000
bax Gain Loss On Interest Rate Contracts Designated As Cash Flow Hedges Deferred In Aoci
GainLossOnInterestRateContractsDesignatedAsCashFlowHedgesDeferredInAoci
6000000
bax Currency Related Charges
CurrencyRelatedCharges
52000000
bax Gain Loss On Interest Rate Contracts Designated As Cash Flow Hedges
GainLossOnInterestRateContractsDesignatedAsCashFlowHedges
5000000
us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge
15000000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
47000000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
495000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
18000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
133000000
us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
-250000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1874000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-102000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
534000000
us-gaap Share Based Compensation
ShareBasedCompensation
97000000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.29
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
762000000
us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
307000000
us-gaap Profit Loss
ProfitLoss
1832000000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-10000000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
5041000000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.12
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-17000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1065000000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.209 pure
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2161000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1171000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
20000000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
20000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
286000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1022000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
101000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
558000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
556000000 shares
us-gaap Sales Revenue Net
SalesRevenueNet
10437000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-41000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2315000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
42000000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.32
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
865000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-664000000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
14000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
552000000 shares
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
136000000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4000000 shares
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
57000000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
134000000
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-282000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-86000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2819000000
us-gaap Gross Profit
GrossProfit
5396000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-1000000
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
461000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
197000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
22000000 shares
us-gaap Net Income Loss
NetIncomeLoss
1832000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2284000000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-72000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
483000000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-40000000
us-gaap Payments Of Dividends
PaymentsOfDividends
558000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
76000000
us-gaap Interest Expense
InterestExpense
85000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1000000
bax Cash Collections Remitted To Owners Of Receivables
CashCollectionsRemittedToOwnersOfReceivables
465000000
bax Net Interest Expense
NetInterestExpense
65000000
bax Infusion Pump Reserve Adjustment
InfusionPumpReserveAdjustment
37000000
bax Effect Of Currency Exchange Rate Changes
EffectOfCurrencyExchangeRateChanges
-2000000
bax Infusion Pump And Business Optimization Payments
InfusionPumpAndBusinessOptimizationPayments
226000000
bax Stock Based Compensation In Marketing And Administrative Expenses
StockBasedCompensationInMarketingAndAdministrativeExpenses
0.70 pure
us-gaap Inventory Recall Expense
InventoryRecallExpense
888000000
bax Infusion Pump Reserves Cash
InfusionPumpReservesCash
742000000
bax Infusion Pump Reserves Non Cash
InfusionPumpReservesNonCash
146000000
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2012Q3 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
2000000000
CY2012Q3 bax Percentage Of Increase In Dividend Over Previous Quarterly Rate
PercentageOfIncreaseInDividendOverPreviousQuarterlyRate
0.34 pure
CY2013Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.49
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
6200000 shares
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.49
CY2013Q2 bax Percentage Of Increase In Dividend Over Previous Quarterly Rate
PercentageOfIncreaseInDividendOverPreviousQuarterlyRate
0.09 pure
CY2012 us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
-8000000
CY2013Q2 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
-18000000
CY2013Q2 bax Business Optimization Reserve Other Adjustments
BusinessOptimizationReserveOtherAdjustments
-20000000
CY2012Q3 us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge
5000000
CY2012Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
14000000
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
771000000
CY2012Q3 us-gaap Share Based Compensation
ShareBasedCompensation
34000000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.06
CY2012Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-10000000
CY2012Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1667000000
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2012Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-18000000
CY2012Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.239 pure
CY2012Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
6000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
18000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
28000000
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
552000000 shares
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
3477000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
180000000
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
766000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
188000000
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.07
CY2012Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
290000000
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
548000000 shares
CY2012Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4000000 shares
CY2012Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
18000000
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
925000000
CY2012Q3 us-gaap Gross Profit
GrossProfit
1810000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-1000000
CY2012Q3 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
161000000
CY2012Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17000000 shares
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
583000000
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
743000000
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
183000000
CY2012Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26000000
CY2012Q3 us-gaap Interest Expense
InterestExpense
31000000
CY2012Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-2000000
CY2012Q3 bax Cash Collections Remitted To Owners Of Receivables
CashCollectionsRemittedToOwnersOfReceivables
161000000
CY2012Q3 bax Net Interest Expense
NetInterestExpense
25000000
CY2012Q3 bax Stock Based Compensation In Marketing And Administrative Expenses
StockBasedCompensationInMarketingAndAdministrativeExpenses
0.70 pure
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Pension And Other Postretirement Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Tax
OtherComprehensiveIncomeLossReclassificationPensionAndOtherPostretirementBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostTax
-23000000
CY2013Q3 us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge
1000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax
3000000
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
55000000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
709000000
CY2013Q3 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostNetOfTax
-41000000
CY2013Q3 us-gaap Share Based Compensation
ShareBasedCompensation
39000000
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.99
CY2013Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
0
CY2013Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1828000000
CY2013Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.49
CY2013Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-2000000
CY2013Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.202 pure
CY2013Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
14000000
CY2013Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
6000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
5000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
19000000
CY2013Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
145000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
42000000
CY2013Q3 us-gaap Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gain Loss Recognized In Net Periodic Benefit Cost Before Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainLossRecognizedInNetPeriodicBenefitCostBeforeTax
-64000000
CY2013Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2000000 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
549000000 shares
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
3774000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
112000000
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
682000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
5000000
CY2013Q3 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
125000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
165000000
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.00
CY2013Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
290000000
CY2013Q3 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-153000000
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
543000000 shares
CY2013Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6000000 shares
CY2013Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
23000000
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
958000000
CY2013Q3 us-gaap Gross Profit
GrossProfit
1946000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax
8000000
CY2013Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6000000 shares
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
544000000
CY2013Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
984000000
CY2013Q3 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
104000000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
138000000
CY2013Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
34000000
CY2013Q3 us-gaap Interest Expense
InterestExpense
51000000
CY2013Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
13000000
CY2013Q3 bax Cash Collections Remitted To Owners Of Receivables
CashCollectionsRemittedToOwnersOfReceivables
130000000
CY2013Q3 bax Net Interest Expense
NetInterestExpense
45000000
CY2013Q3 bax Effect Of Currency Exchange Rate Changes
EffectOfCurrencyExchangeRateChanges
-6000000
CY2013Q3 bax Stock Based Compensation In Marketing And Administrative Expenses
StockBasedCompensationInMarketingAndAdministrativeExpenses
0.70 pure
CY2013Q3 bax Other Comprehensive Income Loss Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentsNetOfTax
-36000000

Files In Submission

Name View Source Status
0001193125-13-418807-index-headers.html Edgar Link pending
0001193125-13-418807-index.html Edgar Link pending
0001193125-13-418807.txt Edgar Link pending
0001193125-13-418807-xbrl.zip Edgar Link pending
bax-20130930.xml Edgar Link completed
bax-20130930.xsd Edgar Link pending
bax-20130930_cal.xml Edgar Link unprocessable
bax-20130930_def.xml Edgar Link unprocessable
bax-20130930_lab.xml Edgar Link unprocessable
bax-20130930_pre.xml Edgar Link unprocessable
d592128d10q.htm Edgar Link pending
d592128dex15.htm Edgar Link pending
d592128dex311.htm Edgar Link pending
d592128dex312.htm Edgar Link pending
d592128dex321.htm Edgar Link pending
d592128dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending