What are Baxter International's total assets?

Baxter International (BAX) holds $19.8B in total assets, down 6.8% year over year.

How much debt does Baxter International have?

Baxter International carries $224.0M in total debt against $6.0B of shareholders' equity, a debt-to-equity ratio of 0.04.

How much cash does Baxter International have?

Baxter International holds $2.0B in cash and equivalents.

Can Baxter International cover its short-term obligations?

Its current ratio is 1.85 — current assets exceed current liabilities.

Where does Baxter International's balance sheet data come from?

Every line is extracted from Baxter International's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Baxter International BAX Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$2.02B-12.1%	$1.97B+11.5%	$1.73B+21.5%	$1.69B+7.2%	$2.3B-18.9%
Restricted cash	$2M0.0%	$2M0.0%	$2M0.0%	$2M+100%	$2M-50.0%
Accounts receivable, net	$1.7B+3.2%	$1.86B+10.8%	$1.78B+2.8%	$1.77B-32.8%	$1.65B-34.7%
Inventories	$2.32B+6.7%	$2.23B+9.1%	$2.46B+17.0%	$2.38B-20.1%	$2.17B-27.4%
Raw materials	$567M+3.1%	$536M+5.1%	$573M+7.7%	$587M-21.7%	$550M-26.7%
Work in process	$390M+25.8%	$369M+38.7%	$311M+21.5%	$303M-1.6%	$310M-1.9%
Finished goods	$1.36B+3.7%	$1.33B+4.5%	$1.58B+19.8%	$1.49B-22.5%	$1.31B-31.8%
Prepaid expenses and other current assets	$816M-11.8%	$813M+8.0%	$970M+34.7%	$906M+3.7%	$925M+6.9%
Derivative assets	——	——	——	——	——
Total current assets	$6.85B-2.7%	$6.87B-22.4%	$6.93B-21.8%	$6.75B-21.5%	$7.04B-25.2%
Property and equipment, net	$2.91B+7.2%	$2.91B+1.4%	$2.81B-0.7%	$2.8B-35.0%	$2.72B-37.8%
Accumulated depreciation	$5.19B+10.0%	$5.14B+7.7%	$4.94B+3.5%	$4.89B-24.4%	$4.71B-31.0%
Operating lease right-of-use assets	$277M-8.0%	$276M-9.8%	$270M-17.4%	$289M-44.8%	$301M-43.3%
Goodwill	$4.9B-8.2%	$4.93B-6.6%	$5.4B-6.6%	$5.4B-10.1%	$5.34B-17.0%
Intangible assets, net	$4.22B-17.0%	$4.37B-16.4%	$4.81B-11.8%	$4.95B-13.8%	$5.08B-14.0%
Other non-current assets	$692M-16.8%	$699M-7.4%	$847M-4.4%	$861M-24.4%	$832M-27.8%
Equity securities	——	——	——	——	——
Total assets	$19.85B-6.8%	$20.06B-22.2%	$21.07B-21.0%	$21.05B-20.0%	$21.3B-23.3%
Accounts payable	$1.09B+12.8%	$999M+3.2%	$953M+13.3%	$995M-20.5%	$963M-27.5%
Accrued expenses	$1.77B-4.9%	$1.97B+5.7%	$2.07B+16.6%	$1.94B-19.7%	$1.86B-22.7%
Deferred revenue	——	——	——	——	——
Current portion of long-term debt	$0-100%	$1M-100.0%	$4M-99.8%	$6M-99.8%	$11M-99.6%
Short-term borrowings	$0—	$1M—	$4M—	——	——
Contract liabilities	$182M+4.0%	$177M+3.5%	$159M-0.6%	$178M+14.1%	$175M+3.6%
Derivative liabilities	——	——	——	——	——
Total current liabilities	$3.69B+6.1%	$2.97B-54.4%	$3.78B-39.1%	$2.94B-52.1%	$3.48B-45.3%
Operating lease liabilities, non-current	$224M-4.7%	$223M-8.2%	$210M-18.9%	$225M-48.7%	$235M-47.1%
Other non-current liabilities	$1.29B+15.2%	$1.29B+19.6%	$1.12B-11.2%	$1.1B-31.4%	$1.12B-32.1%
Total liabilities	$62M-99.6%	$61M-99.7%	$13.85B-26.1%	$13.75B-26.1%	$14.25B-27.1%
Common stock	2B0.0%	2B+193%	2B0.0%	2B0.0%	2B0.0%
Additional paid-in capital	$6.21B-1.5%	$6.37B-0.8%	$6.35B-0.7%	$6.33B-0.4%	$6.31B-0.5%
Retained earnings	$13.69B-8.6%	$13.71B-8.2%	$14.84B-4.5%	$14.97B-3.7%	$14.97B-6.5%
Accumulated other comprehensive income (loss)	-$3.8B+3.6%	-$3.75B+6.4%	-$3.73B-2.4%	-$3.75B+2.1%	-$3.94B-5.9%
Treasury stock	$10.74B-1.8%	$10.87B-1.7%	$10.89B-1.7%	$10.92B-1.7%	$10.94B-1.7%
Noncontrolling interests	-$27M0.0%	-$27M-145%	-$27M-139%	-$27M-142%	-$27M-144%
Total stockholders' equity	$6.04B-14.7%	$6.13B-12.0%	$7.24B-8.0%	$7.32B-4.2%	$7.08B-13.4%
Total liabilities and stockholders' equity	$19.85B-6.8%	$20.06B-22.2%	$21.07B-21.0%	$21.05B-20.0%	$21.3B-23.3%
Allowance for Doubtful Accounts	$67M+1.5%	$63M-11.3%	$69M+6.2%	$71M-42.3%	$66M-45.5%
Allowance for Doubtful Accounts Receivable (Current)	$67M+1.5%	$63M-11.3%	$69M+6.2%	$71M-42.3%	$66M-45.5%
Total Cash, Cash Equivalents, and Restricted Cash (Inclusive)	——	——	$0—	$0—	$0—
Cash, Cash Equivalents, and Marketable Securities	——	——	——	——	——
Derivative Assets - Fair Value	$0-100%	$0-100%	$2M+100%	$2M+100%	$3M+50.0%
Derivative Assets - Designated as Hedging Instruments	——	——	——	——	——
Net Derivative Assets/(Liabilities) After Master Netting	——	——	——	——	——
Deferred Tax Assets and Other Non-Current Assets	$692M-16.8%	$699M-7.4%	$847M-4.4%	$861M-24.4%	$832M-27.8%
Intangible Assets Gross (Excluding Goodwill)	$8.13B-2.9%	$8.14B-2.5%	$8.43B-0.3%	$8.43B-9.3%	$8.37B-10.0%
Net Investment in Lease	$30M-36.2%	$276M-9.8%	$33M-8.3%	$38M-45.7%	$47M-31.9%
Other intangible assets—net	$4.22B-17.0%	$4.37B-16.4%	$4.81B-11.8%	$4.95B-13.8%	$5.08B-14.0%
Operating lease right-of-use assets	$277M-8.0%	$276M-9.8%	$270M-17.4%	$289M-44.8%	$301M-43.3%
Other non-current assets	$692M-16.8%	$699M-7.4%	$847M-4.4%	$861M-24.4%	$832M-27.8%
Property, plant and equipment at cost	$8.1B+9.0%	$8.05B+5.3%	$7.75B+1.9%	$7.69B-28.6%	$7.43B-33.6%
Operating Lease Right-of-Use Assets in Other Assets	$277M-8.0%	$276M-9.8%	$270M-17.4%	$289M-44.8%	$301M-43.3%
Software and Technology Licenses, Net	$692M-16.8%	$699M-7.4%	$847M-4.4%	$861M-24.4%	$832M-27.8%
Accrued Litigation	$44M-4.3%	$47M+17.5%	$56M+36.6%	$51M+70.0%	$46M+53.3%
Other Commercial Liabilities	$1.77B-4.9%	$1.97B+5.7%	$2.07B+16.6%	$1.94B-19.7%	$1.86B-22.7%
Accrued Liabilities, Current	$1.77B-4.9%	$1.97B+5.7%	$2.07B+16.6%	$1.94B-19.7%	$1.86B-22.7%
Current Portion of Long-Term Debt and Finance Lease Obligations	$842M+29.3%	$2M-99.7%	$751M-69.9%	$2M-99.9%	$651M-75.3%
Derivative Liabilities - Fair Value	$0-100%	$0-100%	$839M+83,800%	$833M+83,200%	$1.41B+70,550%
Derivative Liabilities, Gross	$807M—	$835M—	$839M—	——	——
Derivative Liabilities - Designated as Hedging Instruments	——	——	——	——	——
Derivative Liabilities - Not Offset Policy Election Deduction	$807M—	$835M—	$839M—	——	——
Restructuring Reserve	——	——	——	——	——
Contingent Consideration Liability (Non-Current)	——	——	——	——	——
Total debt	$224M-8.9%	$328M-97.4%	$214M-98.4%	$231M-98.3%	$246M-98.3%
Common Stock Par Value Per Share	$1.000.0%	$1.000.0%	$1.000.0%	$1.000.0%	$1.000.0%
Common Stock Shares Issued	683.5M0.0%	683.5M0.0%	683.5M0.0%	683.5M0.0%	683.5M0.0%
Additional paid-in capital	$6.21B-1.5%	$6.37B-0.8%	$6.35B-0.7%	$6.33B-0.4%	$6.31B-0.5%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$683M0.0%	$683M0.0%	$683M0.0%	$683M0.0%	$683M0.0%
Share Repurchase Authorization Limit	——	——	——	——	——
Share Repurchase Program - Amount Remaining	——	——	——	——	——
Deferred Revenue Timing Percentage	——	——	——	——	——
Fair Value Measurement Disclosure	$2M-33.3%	$1M-85.7%	$2M-71.4%	$2M-66.7%	$3M-62.5%
Gross Assets/Liabilities	$2M-33.3%	$1M-85.7%	$2M-71.4%	$2M-66.7%	$3M-62.5%
Accounts Receivable, after Allowance for Credit Loss	$1.54B+3.4%	$1.7B+10.4%	$1.64B+6.5%	$1.62B-31.6%	$1.49B-34.1%
Accounts Receivable, Allowance for Credit Loss	$67M+1.5%	$63M-11.3%	$69M+6.2%	$71M+6.0%	$66M+17.9%
Allowance for doubtful accounts	$67M+1.5%	$63M-11.3%	$69M+6.2%	$71M-42.3%	$66M-45.5%
Available for sale investments	——	——	——	——	——
Business Combination, Contingent Consideration, Liability	——	——	——	——	——
Indemnifications related to kidney care separation	——	——	——	——	——
Cash and cash equivalents, end of period	$2.02B-12.1%	$1.97B-18.5%	$1.73B-16.9%	$1.69B-19.5%	$2.3B—
Less: Cash, cash equivalents and restricted cash from discontinued operations	——	——	$0—	$0—	$0—
Common stock, par value (in dollars per share)	$10.0%	$10.0%	$10.0%	$10.0%	$10.0%
Common stock, shares authorized (in shares)	$2B0.0%	$2B0.0%	$2B0.0%	$2B0.0%	$2B0.0%
Common stock, shares issued (in shares)	$683.49M0.0%	$683.49M0.0%	$683.49M0.0%	$683.49M0.0%	$683.49M0.0%
Contract with Customer, Asset, after Allowance for Credit Loss	$136M+3.0%	$147M+10.5%	$138M-4.8%	$129M-15.7%	$132M-15.4%
Contract with Customer, Liability	$182M+4.0%	$177M+3.5%	$159M-0.6%	$178M+14.1%	$175M+3.6%
Derivative Asset, Subject to Master Netting Arrangement, after Offset	——	——	——	——	——
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset	——	——	——	——	——
Derivative, gross, assets	$0-100%	$0-100%	$2M0.0%	$2M-71.4%	$3M-84.2%
Derivatives, gross, liabilities	——	——	——	——	——
Derivative Liability, Subject to Master Netting Arrangement, after Offset	——	——	——	——	——
Derivative Liability, Subject to Master Netting Arrangement, Asset Offset	——	——	——	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$3.91B+18.8%	$3.77B+20.7%	$3.63B+20.5%	$3.48B-2.2%	$3.29B-3.2%
Indefinite- lived intangible impairment	$8.13B-2.9%	$8.14B-2.5%	$8.43B-0.3%	$8.43B-9.3%	$8.37B-10.0%
Raw materials	$567M+3.1%	$536M+5.1%	$573M+7.7%	$587M-21.7%	$550M-26.7%
Estimated litigation liability	$44M-4.3%	$47M+17.5%	$56M+36.6%	$51M+70.0%	$46M+53.3%
Less: current maturities	$842M+29.3%	$2M-99.7%	$751M-69.9%	$2M-99.9%	$651M-75.3%
Long-term debt and finance lease obligations, less current portion	$8.62B—	$9.47B—	$8.75B—	——	——
Noncontrolling interests in subsidiaries	-$27M0.0%	-$27M-145%	-$27M-139%	-$27M-142%	-$27M-144%
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	——	——	——	——	——
Sales-Type Lease, Net Investment in Lease, before Allowance for Credit Loss	——	——	——	——	——
Share Repurchase Program, Remaining Authorized, Amount	——	——	——	——	——
Treasury stock, shares (in shares)	$167.05M-2.0%	$169.21M-1.9%	$169.55M-2.0%	$170M-2.0%	$170.41M-2.0%

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Questions, answered.

What are Baxter International's total assets?: Baxter International (BAX) holds $19.8B in total assets, down 6.8% year over year.
How much debt does Baxter International have?: Baxter International carries $224.0M in total debt against $6.0B of shareholders' equity, a debt-to-equity ratio of 0.04.
How much cash does Baxter International have?: Baxter International holds $2.0B in cash and equivalents.
Can Baxter International cover its short-term obligations?: Its current ratio is 1.85 — current assets exceed current liabilities.
Where does Baxter International's balance sheet data come from?: Every line is extracted from Baxter International's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.