BAXTER INTERNATIONAL INC
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 2024
BAX$26.41+2.4%Stored close · as of Nov 9, 2026
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Condensed Consolidated Statements of Comprehensive
Condensed Consolidated Statements of Comprehensive Loss (unaudited)
| Three months endedJune 30, | Six months endedJune 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Loss from continuing operations | $(311) | $(193) | $(272) | $(193) |
| Other comprehensive income (loss) from continuing operations, net of tax: | ||||
| Currency translation adjustments, net of tax expense (benefit) of $2 and $4 for the three months ended June 30, 2024 and 2023, respectively, and $13 and ($9) for the six months ended June 30, 2024 and 2023, respectively. | (108) | (76) | (292) | 5 |
| Pension and other postretirement benefits, net of tax expense (benefit) of ($1) and ($2) for the three months ended June 30, 2024 and 2023, respectively, and $2 and ($3) for the six months ended June 30, 2024 and 2023, respectively. | (1) | (5) | 3 | (11) |
| Hedging activities, net of tax expense (benefit) of $1 and $2 for the three months ended June 30, 2024 and 2023, respectively and $3 and $1 for the six months ended June 30, 2024 and 2023, respectively. | 3 | 7 | 11 | 5 |
| Total other comprehensive loss from continuing operations, net of tax | (106) | (74) | (278) | (1) |
| Comprehensive loss from continuing operations | (417) | (267) | (550) | (194) |
| Income from discontinued operations, net of tax | — | 54 | — | 99 |
| Other comprehensive income (loss) from discontinued operations, net of tax - currency translation adjustments | — | (1) | — | 20 |
| Comprehensive income from discontinued operations | — | 53 | — | 119 |
| Comprehensive loss | (417) | (214) | (550) | (75) |
| Less: Comprehensive income attributable to noncontrolling interests | 3 | 2 | 5 | 3 |
| Less: Other comprehensive loss attributable to noncontrolling interests | — | — | (4) | — |
| Comprehensive loss attributable to Baxter stockholders | $(420) | $(216) | $(551) | $(78) |
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