v3.26.1
DISCONTINUED OPERATIONS (Tables)
 6 Months Ended
Jun. 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Results of Discontinued Operations and Assets and Liabilities of Discontinued Operations
The following tables summarize the major classes of line items included in income (loss) from discontinued operations, net of tax, for the three and six months ended June 30, 2025:
Three Months Ended June 30,Six Months Ended June 30,
(in millions)20252025
Net sales$— $352 
Cost of sales— 206 
Gross margin— 146 
Selling, general and administrative expenses— 116 
Research and development expenses— 16 
Operating income (loss)— 14 
Interest expense, net— 13 
Other (income) expense, net— 7 
Income (loss) from discontinued operations before gain on disposition and income taxes— (6)
Gain (loss) on disposition(21)170 
Income tax expense (benefit)10 133 
Income (loss) from discontinued operations, net of tax(31)31 
Less: Net income attributable to noncontrolling interest included in discontinued operations— — 
Net income (loss) attributable to Baxter stockholders included in discontinued operations$(31)$31