$BAX
BAXTER INTERNATIONAL INC

2014 Q2 Form 10-Q Financial Statement

#000119312514287112 Filed on July 30, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $2.703B $3.571B
YoY Change -24.31% -0.03%
Cost Of Revenue $2.185B $1.730B
YoY Change 26.3% 1.76%
Gross Profit $1.093B $1.874B
YoY Change -41.68% 0.11%
Gross Profit Margin 40.44% 52.48%
Selling, General & Admin $988.0M $838.0M
YoY Change 17.9% 6.21%
% of Gross Profit 90.39% 44.72%
Research & Development $322.0M $273.0M
YoY Change 17.95% -10.78%
% of Gross Profit 29.46% 14.57%
Depreciation & Amortization $253.0M $183.0M
YoY Change 38.25% 1.67%
% of Gross Profit 23.15% 9.77%
Operating Expenses $1.310B $1.111B
YoY Change 17.91% 1.46%
Operating Profit -$217.0M $763.0M
YoY Change -128.44% -1.8%
Interest Expense $47.00M $24.00M
YoY Change 95.83% -11.11%
% of Operating Profit 3.15%
Other Income/Expense, Net -$15.00M -$68.00M
YoY Change -77.94% -209.68%
Pretax Income $838.0M $1.019B
YoY Change -17.76% 3.35%
Income Tax $134.0M $153.0M
% Of Pretax Income 15.99% 15.01%
Net Earnings $520.0M $590.0M
YoY Change -11.86% -10.74%
Net Earnings / Revenue 19.24% 16.52%
Basic Earnings Per Share $0.96 $1.09
Diluted Earnings Per Share $0.95 $1.07
COMMON SHARES
Basic Shares Outstanding 542.0M shares 543.0M shares
Diluted Shares Outstanding 548.0M shares 549.0M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.866B $5.989B
YoY Change -68.84% 154.53%
Cash & Equivalents $1.866B $5.989B
Short-Term Investments
Other Short-Term Assets $871.0M $785.0M
YoY Change 10.96% 6.08%
Inventory $3.836B $3.069B
Prepaid Expenses
Receivables $2.914B $2.342B
Other Receivables $0.00 $0.00
Total Short-Term Assets $9.487B $12.19B
YoY Change -22.14% 51.4%
LONG-TERM ASSETS
Property, Plant & Equipment $8.152B $6.361B
YoY Change 28.16% 13.12%
Goodwill $4.226B $2.498B
YoY Change 69.18%
Intangibles $2.329B $1.053B
YoY Change 121.18%
Long-Term Investments
YoY Change
Other Assets $1.435B $1.654B
YoY Change -13.24% 16.4%
Total Long-Term Assets $16.14B $11.57B
YoY Change 39.56% 11.23%
TOTAL ASSETS
Total Short-Term Assets $9.487B $12.19B
Total Long-Term Assets $16.14B $11.57B
Total Assets $25.63B $23.75B
YoY Change 7.91% 28.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.479B $4.061B
YoY Change 10.29% 1.83%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $186.0M $33.00M
YoY Change 463.64% -91.43%
Long-Term Debt Due $1.125B $378.0M
YoY Change 197.62% -23.94%
Total Short-Term Liabilities $5.795B $4.516B
YoY Change 28.32% -7.27%
LONG-TERM LIABILITIES
Long-Term Debt $7.528B $8.624B
YoY Change -12.71% 94.58%
Other Long-Term Liabilities $3.619B $3.296B
YoY Change 9.8% 30.17%
Total Long-Term Liabilities $3.619B $3.296B
YoY Change 9.8% -52.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.795B $4.516B
Total Long-Term Liabilities $3.619B $3.296B
Total Liabilities $9.414B $7.812B
YoY Change 20.51% -34.33%
SHAREHOLDERS EQUITY
Retained Earnings $12.38B $11.52B
YoY Change 7.48%
Common Stock $6.468B $683.0M
YoY Change 847.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.039B $7.915B
YoY Change 1.57%
Treasury Stock Shares 141.8M shares 140.9M shares
Shareholders Equity $8.662B $7.282B
YoY Change
Total Liabilities & Shareholders Equity $25.63B $23.75B
YoY Change 7.91% 28.76%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $520.0M $590.0M
YoY Change -11.86% -10.74%
Depreciation, Depletion And Amortization $253.0M $183.0M
YoY Change 38.25% 1.67%
Cash From Operating Activities $599.0M $763.0M
YoY Change -21.49% -23.78%
INVESTING ACTIVITIES
Capital Expenditures -$423.0M -$347.0M
YoY Change 21.9% 31.44%
Acquisitions
YoY Change
Other Investing Activities -$119.0M -$20.00M
YoY Change 495.0% -54.55%
Cash From Investing Activities -$542.0M -$367.0M
YoY Change 47.68% 19.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -220.0M 2.895B
YoY Change -107.6% -602.6%
NET CHANGE
Cash From Operating Activities 599.0M 763.0M
Cash From Investing Activities -542.0M -367.0M
Cash From Financing Activities -220.0M 2.895B
Net Change In Cash -163.0M 3.291B
YoY Change -104.95% 2712.82%
FREE CASH FLOW
Cash From Operating Activities $599.0M $763.0M
Capital Expenditures -$423.0M -$347.0M
Free Cash Flow $1.022B $1.110B
YoY Change -7.93% -12.25%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q1 bax Derivative Action Settlement Agreement Amount
DerivativeActionSettlementAgreementAmount
12000000
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
541673382 shares
CY2013Q1 bax Sold Receivables
SoldReceivables
120000000
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2765000000
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-1281000000
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
18000000
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5989000000
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-1542000000
CY2013Q2 bax Sold Receivables
SoldReceivables
129000000
CY2013Q2 bax Other Net Of Tax Component Of Aoci
OtherNetOfTaxComponentOfAoci
40000000
CY2014Q1 bax Sold Receivables
SoldReceivables
109000000
CY2014Q2 invest Derivative Notional Amount
DerivativeNotionalAmount
0
CY2014Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
683494944 shares
CY2014Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2014Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
141827303 shares
CY2014Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2014Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
5000000
CY2014Q2 us-gaap Liabilities Current
LiabilitiesCurrent
5795000000
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2145000000
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-1198000000
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8687000000
CY2014Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6214000000
CY2014Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
186000000
CY2014Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
523000000
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3619000000
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1125000000
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
8662000000
CY2014Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
5785000000
CY2014Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
4484000000
CY2014Q2 us-gaap Commercial Paper
CommercialPaper
150000000
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
12378000000
CY2014Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
7528000000
CY2014Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2014Q2 us-gaap Minority Interest
MinorityInterest
25000000
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
5000000
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
4000000
CY2014Q2 us-gaap Common Stock Value
CommonStockValue
683000000
CY2014Q2 us-gaap Litigation Reserve
LitigationReserve
77000000
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
25629000000
CY2014Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1435000000
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
183000000
CY2014Q2 us-gaap Goodwill
Goodwill
4226000000
CY2014Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
2914000000
CY2014Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2329000000
CY2014Q2 us-gaap Inventory Net
InventoryNet
3836000000
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
179000000
CY2014Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
14366000000
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
5000000
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
157000000
CY2014Q2 us-gaap Treasury Stock Value
TreasuryStockValue
8039000000
CY2014Q2 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
118000000
CY2014Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1786000000
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8152000000
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
143000000
CY2014Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
1221000000
CY2014Q2 us-gaap Assets
Assets
25629000000
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1866000000
CY2014Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
829000000
CY2014Q2 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
6000000
CY2014Q2 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
100000000
CY2014Q2 us-gaap Assets Held For Sale At Carrying Value
AssetsHeldForSaleAtCarryingValue
140000000
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
161000000
CY2014Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
871000000
CY2014Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
3196000000
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-976000000
CY2014Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
73000000
CY2014Q2 us-gaap Assets Current
AssetsCurrent
9487000000
CY2014Q2 bax Anticipated Amortization Of Intangible Assets For Current Year
AnticipatedAmortizationOfIntangibleAssetsForCurrentYear
182000000
CY2014Q2 bax Sold Receivables
SoldReceivables
106000000
CY2014Q2 bax Intangible Assets Excluding Goodwill Accumulated Amortization
IntangibleAssetsExcludingGoodwillAccumulatedAmortization
867000000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
8463000000
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1534000000
CY2014Q2 bax Other Net Of Tax Component Of Aoci
OtherNetOfTaxComponentOfAoci
25000000
CY2014Q2 bax Assets Noncurrent Excluding Property Plant And Equipment
AssetsNoncurrentExcludingPropertyPlantAndEquipment
7990000000
CY2014Q2 bax Infusion Pump Reserve Balance
InfusionPumpReserveBalance
70000000
CY2014Q2 bax Availableforsale Equity Securities Gross Unrealized Loss Accumulated In Investments
AvailableforsaleEquitySecuritiesGrossUnrealizedLossAccumulatedInInvestments
47000000
CY2014Q2 bax Availableforsale Equity Securities Gross Unrealized Gain Accumulated In Investments
AvailableforsaleEquitySecuritiesGrossUnrealizedGainAccumulatedInInvestments
29000000
CY2014Q2 bax Derivative Fair Value Of Derivative Assets Offset By Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeAssetsOffsetByFairValueOfDerivativeLiability
68000000
CY2014Q2 bax Derivative Fair Value Of Derivative Liability Offset By Fair Value Of Derivative Assets
DerivativeFairValueOfDerivativeLiabilityOffsetByFairValueOfDerivativeAssets
0
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2810000000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-1227000000
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 Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3270000000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-1619000000
CY2012Q4 bax Sold Receivables
SoldReceivables
157000000
CY2012Q4 bax Other Net Of Tax Component Of Aoci
OtherNetOfTaxComponentOfAoci
41000000
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
683494944 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
140456989 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
22000000
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
5906000000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1976000000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-991000000
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8486000000
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5963000000
CY2013Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
181000000
CY2013Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
340000000
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3351000000
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
859000000
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
5818000000
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
4866000000
CY2013Q4 us-gaap Commercial Paper
CommercialPaper
0
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
11852000000
CY2013Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8126000000
CY2013Q4 us-gaap Minority Interest
MinorityInterest
23000000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
17000000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
10000000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
683000000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
25869000000
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2294000000
CY2013Q4 us-gaap Goodwill
Goodwill
4205000000
CY2013Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
2911000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
543000000 shares
us-gaap Sales Revenue Net
SalesRevenueNet
7117000000
CY2013Q4 bax Derivative Fair Value Of Derivative Liability Offset By Fair Value Of Derivative Assets
DerivativeFairValueOfDerivativeLiabilityOffsetByFairValueOfDerivativeAssets
5000000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.07
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.94
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
550000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
7000000 shares
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.205 pure
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1149000000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
639000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
13000000
us-gaap Profit Loss
ProfitLoss
1142000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1187000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1931000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
490000000
CY2013Q4 us-gaap Inventory Net
InventoryNet
3499000000
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
13795000000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
17000000
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
7914000000
CY2013Q4 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
111000000
CY2013Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1443000000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7832000000
CY2013Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
1136000000
CY2013Q4 us-gaap Assets
Assets
25869000000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2733000000
CY2013Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
920000000
CY2013Q4 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
102000000
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
861000000
CY2013Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
3103000000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-1027000000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
72000000
CY2013Q4 us-gaap Assets Current
AssetsCurrent
10004000000
CY2013Q4 bax Sold Receivables
SoldReceivables
114000000
CY2013Q4 bax Intangible Assets Excluding Goodwill Accumulated Amortization
IntangibleAssetsExcludingGoodwillAccumulatedAmortization
809000000
CY2013Q4 bax Other Net Of Tax Component Of Aoci
OtherNetOfTaxComponentOfAoci
32000000
CY2013Q4 bax Assets Noncurrent Excluding Property Plant And Equipment
AssetsNoncurrentExcludingPropertyPlantAndEquipment
8033000000
CY2013Q4 bax Infusion Pump Reserve Balance
InfusionPumpReserveBalance
83000000
CY2013Q4 bax Availableforsale Equity Securities Gross Unrealized Loss Accumulated In Investments
AvailableforsaleEquitySecuritiesGrossUnrealizedLossAccumulatedInInvestments
31000000
CY2013Q4 bax Availableforsale Equity Securities Gross Unrealized Gain Accumulated In Investments
AvailableforsaleEquitySecuritiesGrossUnrealizedGainAccumulatedInInvestments
22000000
CY2013Q4 bax Derivative Fair Value Of Derivative Assets Offset By Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeAssetsOffsetByFairValueOfDerivativeLiability
55000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
10000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-44000000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
87000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-65000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
304000000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
19000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
41000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1000000
us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
26000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1436000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-54000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
us-gaap Gross Profit
GrossProfit
3695000000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-52000000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-20000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
717000000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
23000000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-12000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
44000000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
306000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-54000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
45000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-1000000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3422000000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-65000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
6000000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-71000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-63000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-24000000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-4000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-83000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2295000000
us-gaap Share Based Compensation
ShareBasedCompensation
72000000
us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
341000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
2719000000
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
187000000
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
255000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1633000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
294000000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-9000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
28000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
18000000
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-171000000
us-gaap Interest Expense
InterestExpense
55000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
366000000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
11000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
3489000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
50000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-716000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-77000000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
519000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-127000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
bax Cash Collections Remitted To Owners Of Receivables
CashCollectionsRemittedToOwnersOfReceivables
264000000
bax Proceeds From Divestiture Of Businesses And Other
ProceedsFromDivestitureOfBusinessesAndOther
10000000
bax Other Comprehensive Income Loss Other Adjustments Tax
OtherComprehensiveIncomeLossOtherAdjustmentsTax
0
bax Effect Of Currency Exchange Rate Changes
EffectOfCurrencyExchangeRateChanges
-19000000
bax Infusion Pump And Business Optimization Payments
InfusionPumpAndBusinessOptimizationPayments
52000000
bax Stock Based Compensation In Marketing And Administrative Expenses
StockBasedCompensationInMarketingAndAdministrativeExpenses
0.70 pure
bax Net Interest Expense
NetInterestExpense
42000000
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 Year Focus
DocumentFiscalYearFocus
2014
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0000010456
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.98
us-gaap Sales Revenue Net
SalesRevenueNet
8215000000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.215 pure
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.96
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.01
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
548000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6000000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
6400000 shares
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1158000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
542000000 shares
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 Segment
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
43000000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
844000000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
142000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
10000000
us-gaap Profit Loss
ProfitLoss
1076000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
907000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1728000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
531000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
1000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-23000000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
176000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
526000000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
17000000
us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-3000000
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-5000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-7000000
us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
-31000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1370000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-207000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesNetOfTax
us-gaap Gross Profit
GrossProfit
4002000000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-74000000
us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
571000000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-217000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
450000000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-6000000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-3000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
23000000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
360000000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-207000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-169000000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-7000000
us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
150000000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4213000000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-48000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-2000000
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-77000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-31000000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
79000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
2000000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-8000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-49000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1072000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
294000000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-27000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
2000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
1000000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
450000000
us-gaap Share Based Compensation
ShareBasedCompensation
72000000
us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
249000000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-867000000
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
141000000
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
240000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1918000000
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-222000000
us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-58000000
us-gaap Interest Expense
InterestExpense
95000000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
489000000
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-2000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
34000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
90000000
us-gaap Inventory Recall Expense
InventoryRecallExpense
93000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-926000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-51000000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
638000000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-72000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
bax Cash Collections Remitted To Owners Of Receivables
CashCollectionsRemittedToOwnersOfReceivables
249000000
bax Proceeds From Divestiture Of Businesses And Other
ProceedsFromDivestitureOfBusinessesAndOther
94000000
bax Other Comprehensive Income Loss Other Adjustments Tax
OtherComprehensiveIncomeLossOtherAdjustmentsTax
-2000000
bax Infusion Pump Reserve Utilization
InfusionPumpReserveUtilization
13000000
bax Effect Of Currency Exchange Rate Changes
EffectOfCurrencyExchangeRateChanges
1000000
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.07
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.49
bax Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Foreign Currency Translation Adjustments
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityForeignCurrencyTranslationAdjustments
-2000000
bax Infusion Pump And Business Optimization Payments
InfusionPumpAndBusinessOptimizationPayments
83000000
bax Maximum Length Of Time Hedge In Cash Flow Hedge
MaximumLengthOfTimeHedgeInCashFlowHedge
P18M
bax Stock Based Compensation In Marketing And Administrative Expenses
StockBasedCompensationInMarketingAndAdministrativeExpenses
0.70 pure
bax Weighted Average Probability Of Payment Of Contingent Liability Percentage
WeightedAverageProbabilityOfPaymentOfContingentLiabilityPercentage
0.27 pure
bax Net Interest Expense
NetInterestExpense
85000000
bax Gain Loss On Interest Rate Contracts Designated As Cash Flow Hedges
GainLossOnInterestRateContractsDesignatedAsCashFlowHedges
5000000
us-gaap Restructuring Charges
RestructuringCharges
992000000
CY2012Q3 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
2000000000
us-gaap Inventory Recall Expense
InventoryRecallExpense
888000000
bax Infusion Pump Reserves Non Cash
InfusionPumpReservesNonCash
163000000
bax Infusion Pump Reserves Cash
InfusionPumpReservesCash
725000000
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
6500000 shares
CY2014Q1 us-gaap Litigation Settlement Amount
LitigationSettlementAmount
64000000
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.09
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
549000000 shares
CY2013Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6000000 shares
CY2013Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.206 pure
CY2013Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6000000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
543000000 shares
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
3669000000
CY2013Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
7000000
CY2013Q2 us-gaap Profit Loss
ProfitLoss
590000000
CY2013Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
582000000
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1019000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
9000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-22000000
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-68000000
CY2013Q2 us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
11000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
3000000
CY2013Q2 us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
21000000
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
743000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-30000000
CY2013Q2 us-gaap Gross Profit
GrossProfit
1939000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-13000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
20000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8000000
CY2013Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1730000000
CY2013Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-24000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-11000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-41000000
CY2013Q2 us-gaap Share Based Compensation
ShareBasedCompensation
40000000
CY2013Q2 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
131000000
CY2013Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
838000000
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
153000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
26000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
17000000
CY2013Q2 us-gaap Interest Expense
InterestExpense
24000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-8000000
CY2013Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
25000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-32000000
CY2013Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
273000000
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-63000000
CY2013Q2 bax Cash Collections Remitted To Owners Of Receivables
CashCollectionsRemittedToOwnersOfReceivables
123000000
CY2013Q2 bax Other Comprehensive Income Loss Other Adjustments Tax
OtherComprehensiveIncomeLossOtherAdjustmentsTax
2000000
CY2013Q2 bax Effect Of Currency Exchange Rate Changes
EffectOfCurrencyExchangeRateChanges
1000000
CY2013Q2 bax Stock Based Compensation In Marketing And Administrative Expenses
StockBasedCompensationInMarketingAndAdministrativeExpenses
0.70 pure
CY2013Q2 bax Net Interest Expense
NetInterestExpense
17000000
CY2013Q2 bax Gain Loss On Interest Rate Contracts Designated As Cash Flow Hedges Deferred In Aoci
GainLossOnInterestRateContractsDesignatedAsCashFlowHedgesDeferredInAoci
-6000000
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.96
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.95
CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.52
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
548000000 shares
CY2014Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6000000 shares
CY2014Q2 us-gaap Profit Loss
ProfitLoss
520000000
CY2014Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2700000 shares
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
4264000000
CY2014Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
5000000
CY2014Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.213 pure
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11000000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
542000000 shares
CY2014Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
321000000
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
838000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-1000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-13000000
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-15000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-18000000
CY2014Q2 us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
-17000000
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
661000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-213000000
CY2014Q2 us-gaap Gross Profit
GrossProfit
2041000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
4000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
14000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-199000000
CY2014Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2223000000
CY2014Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-24000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-12000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-23000000
CY2014Q2 us-gaap Share Based Compensation
ShareBasedCompensation
41000000
CY2014Q2 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
117000000
CY2014Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
998000000
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
141000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-2000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1000000
CY2014Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
200000000
CY2014Q2 us-gaap Interest Expense
InterestExpense
47000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
4000000
CY2014Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
47000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-28000000
CY2014Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
325000000
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-36000000
CY2014Q2 bax Cash Collections Remitted To Owners Of Receivables
CashCollectionsRemittedToOwnersOfReceivables
120000000
CY2014Q2 bax Other Comprehensive Income Loss Other Adjustments Tax
OtherComprehensiveIncomeLossOtherAdjustmentsTax
-5000000
CY2014Q2 bax Stock Based Compensation In Marketing And Administrative Expenses
StockBasedCompensationInMarketingAndAdministrativeExpenses
0.70 pure
CY2014Q2 bax Net Interest Expense
NetInterestExpense
42000000
CY2014Q2 bax Restructuring Charges Benefits Net
RestructuringChargesBenefitsNet
-32000000
CY2014Q2 bax Separation And Related Cost Incurred
SeparationAndRelatedCostIncurred
22000000

Files In Submission

Name View Source Status
0001193125-14-287112-index-headers.html Edgar Link pending
0001193125-14-287112-index.html Edgar Link pending
0001193125-14-287112.txt Edgar Link pending
0001193125-14-287112-xbrl.zip Edgar Link pending
bax-20140630.xml Edgar Link completed
bax-20140630.xsd Edgar Link pending
bax-20140630_cal.xml Edgar Link unprocessable
bax-20140630_def.xml Edgar Link unprocessable
bax-20140630_lab.xml Edgar Link unprocessable
bax-20140630_pre.xml Edgar Link unprocessable
d746846d10q.htm Edgar Link pending
d746846dex101.htm Edgar Link pending
d746846dex102.htm Edgar Link pending
d746846dex103.htm Edgar Link pending
d746846dex15.htm Edgar Link pending
d746846dex311.htm Edgar Link pending
d746846dex312.htm Edgar Link pending
d746846dex321.htm Edgar Link pending
d746846dex322.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