v3.26.1
Condensed Consolidated Statements of Comprehensive Income (Loss) (unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income [Abstract]        
Income (loss) from continuing operations $ 135 $ 122 $ 118 $ 186
Other comprehensive income (loss) from continuing operations, net of tax:        
Currency translation adjustments, net of tax expense (benefit) of ($7) and $(18) for the three months ended June 30, 2026 and 2025, respectively, and $8 and $(12) for six months ended June 30, 2026 and 2025, respectively. (20) 204 (72) 135
Pension and other postretirement benefits, net of tax expense (benefit) of zero and $(3) for the three months ended June 30, 2026 and 2025, respectively, and $1 and $(7) for six months ended June 30, 2026 and 2025, respectively. 2 (6) 5 6
Hedging activities, net of tax expense (benefit) of $1 and zero for the three months ended June 30, 2026 and 2025, respectively, and $1 and $(1) for six months ended June 30, 2026 and 2025, respectively. 1 (2) 2 (3)
Total other comprehensive income (loss) from continuing operations, net of tax (17) 196 (65) 138
Comprehensive income (loss) from continuing operations 118 318 53 324
Income (loss) from discontinued operations, net of tax (9) (31) (7) 31
Other comprehensive income (loss) from discontinued operations        
Currency translation adjustments, net of tax expense (benefit) of zero for the three months ended June 30, 2026 and 2025, and zero for six months ended June 30, 2026 and 2025. 0 0 0 137
Pension and other postretirement benefits, net of tax expense (benefit) of zero for the three months ended June 30, 2026 and 2025, and zero and $(3) for six months ended June 30, 2026 and 2025, respectively. 0 0 0 (11)
Total other comprehensive income (loss) from discontinued operations 0 0 0 126
Comprehensive income (loss) from discontinued operations (9) (31) (7) 157
Comprehensive income (loss) 109 287 46 481
Less: Comprehensive income attributable to noncontrolling interests 0 0 0 0
Less: Other comprehensive loss attributable to noncontrolling interests 0 0 0 0
Comprehensive income (loss) attributable to Baxter stockholders $ 109 $ 287 $ 46 $ 481