Baxter International Inc. (BAX)
NYSE: BAX · Real-Time Price · USD
26.13
+0.20 (0.77%)
Aug 28, 2026, 4:00 PM EDT - Market closed
Baxter International Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 2,150 | 1,966 | 1,764 | 3,078 | 1,718 | 2,951 |
Cash & Short-Term Investments | 2,150 | 1,966 | 1,764 | 3,078 | 1,718 | 2,951 |
Cash Growth | 27.52% | 11.45% | -42.69% | 79.16% | -41.78% | -20.89% |
Receivables | 1,920 | 1,932 | 1,730 | 1,772 | 2,623 | 2,713 |
Inventory | 2,259 | 2,372 | 2,169 | 2,059 | 2,679 | 2,453 |
Restricted Cash | - | - | - | - | - | 5 |
Other Current Assets | 1 | 602 | 3,190 | 2,691 | 991 | 750 |
Total Current Assets | 6,989 | 6,872 | 8,853 | 9,600 | 8,011 | 8,872 |
Property, Plant & Equipment | 3,174 | 3,186 | 3,176 | 3,207 | 5,236 | 5,808 |
Long-Term Investments | 45 | 103 | 109 | 136 | 247 | 195 |
Goodwill | 4,886 | 4,929 | 5,275 | 5,793 | 6,452 | 9,836 |
Other Intangible Assets | 4,073 | 4,369 | 5,223 | 5,918 | 6,793 | 7,792 |
Long-Term Accounts Receivable | 58 | 76 | 82 | 112 | 122 | 111 |
Long-Term Deferred Tax Assets | - | 200 | 204 | 263 | 280 | 376 |
Long-Term Deferred Charges | - | 89 | 102 | 103 | 119 | 99 |
Other Long-Term Assets | 566 | 231 | 2,758 | 3,144 | 1,027 | 432 |
Total Assets | 19,791 | 20,055 | 25,782 | 28,276 | 28,287 | 33,521 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 1,034 | 999 | 968 | 881 | 1,110 | 1,246 |
Accrued Expenses | 1,579 | 747 | 796 | 816 | 875 | 1,140 |
Short-Term Debt | - | 1 | 2,126 | - | 299 | 301 |
Current Portion of Long-Term Debt | 844 | - | 624 | 2,665 | 1,103 | 208 |
Current Portion of Leases | - | 83 | 82 | 94 | 122 | 130 |
Current Income Taxes Payable | - | 83 | 121 | 78 | 91 | 90 |
Current Unearned Revenue | 131 | 141 | 131 | 128 | 154 | 162 |
Other Current Liabilities | 3 | 916 | 1,663 | 1,841 | 991 | 959 |
Total Current Liabilities | 3,591 | 2,970 | 6,511 | 6,503 | 4,745 | 4,236 |
Long-Term Debt | 8,615 | 9,452 | 10,355 | 11,064 | 15,170 | 17,081 |
Long-Term Leases | 208 | 244 | 262 | 290 | 509 | 590 |
Long-Term Unearned Revenue | 35 | 36 | 40 | 41 | 40 | 84 |
Pension & Post-Retirement Benefits | - | 637 | 678 | 714 | 846 | 1,052 |
Long-Term Deferred Tax Liabilities | - | 245 | 103 | 403 | 661 | 962 |
Other Long-Term Liabilities | 1,163 | 369 | 809 | 793 | 421 | 395 |
Total Liabilities | 13,612 | 13,953 | 18,758 | 19,808 | 22,392 | 24,400 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 683 | 683 | 683 | 683 | 683 | 683 |
Additional Paid-In Capital | 6,241 | 6,368 | 6,421 | 6,389 | 6,322 | 6,197 |
Retained Earnings | 13,806 | 13,705 | 14,929 | 16,114 | 14,050 | 17,065 |
Treasury Stock | -10,705 | -10,873 | -11,059 | -11,230 | -11,389 | -11,488 |
Comprehensive Income & Other | -3,819 | -3,754 | -4,010 | -3,554 | -3,833 | -3,380 |
Total Common Equity | 6,206 | 6,129 | 6,964 | 8,402 | 5,833 | 9,077 |
Minority Interest | -27 | -27 | 60 | 66 | 62 | 44 |
Shareholders' Equity | 6,179 | 6,102 | 7,024 | 8,468 | 5,895 | 9,121 |
Total Liabilities & Equity | 19,791 | 20,055 | 25,782 | 28,276 | 28,287 | 33,521 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 9,667 | 9,780 | 13,449 | 14,113 | 17,203 | 18,310 |
Net Cash (Debt) | -7,517 | -7,814 | -11,685 | -11,035 | -15,485 | -15,359 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -14.60 | -15.23 | -22.91 | -21.72 | -30.72 | -30.23 |
Filing Date Shares Outstanding | 517 | 514.49 | 511.62 | 507.83 | 504.67 | 502.29 |
Total Common Shares Outstanding | 517 | 514.28 | 510.93 | 507.63 | 504.43 | 501.62 |
Working Capital | 3,398 | 3,902 | 2,342 | 3,097 | 3,266 | 4,636 |
Book Value Per Share | 12.00 | 11.92 | 13.63 | 16.55 | 11.56 | 18.10 |
Tangible Book Value | -2,753 | -3,169 | -3,534 | -3,309 | -7,412 | -8,551 |
Tangible Book Value Per Share | -5.32 | -6.16 | -6.92 | -6.52 | -14.69 | -17.05 |
Land | - | 119 | 115 | 119 | 137 | 172 |
Buildings | - | 1,402 | 1,301 | 1,238 | 1,757 | 1,915 |
Machinery | - | 5,829 | 5,514 | 5,669 | 7,977 | 8,781 |
Construction In Progress | - | 704 | 718 | 624 | 909 | 860 |