What does material reconciling items — PP&E (net) mean?

The value of physical assets like buildings and equipment held by the corporate entity rather than specific business segments.

How do you interpret material reconciling items — PP&E (net)?

An increase reflects corporate-level capital investment, while a decrease may indicate divestitures or the depreciation of centralized assets.

How does material reconciling items — PP&E (net) compare across companies?

Peers often disclose this as 'Corporate' or 'Unallocated' PP&E in segment reporting footnotes.

Baxter International BAX Material Reconciling Items — PP&E (Net)

Discontinued — last reported Q4 '16

Similar metrics at other companies

CLHMaterial Reconciling Items — PP&E (Net)

$91.49M-10.6%

MKSIMaterial Reconciling Items — PP&E (Net)

$172.8M+1.7%

AAMaterial Reconciling Items — PP&E (Net)

$520M-12.6%

MGMCorporate And Reconciling Items — PP&E (Net)

$1.56B+22.8%

TSNMaterial Reconciling Items — PP&E Additions

$32.25M+87.0%

MTCHCorporate Non — PP&E (Net)

$184.83M-1.1%

Other financials

Income statement

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Revenue$2.7B+2.9%

Gross profit$891.0M+3.5%

Operating income$66.0M+13.8%

Net income-$15.0M-112%

EPS (diluted)-$0.03-112%

Balance sheet

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Cash & equivalents$2.0B-12.1%

Total debt$224.0M-8.9%

Total equity$6.0B-14.7%

Total assets$19.8B-6.8%

Cash flow

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Operating cash flow$213.0M+210%

CapEx$128.3M+15.0%

Free cash flow$83.0M-42.1%

Valuation

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Market cap$10.27B-50.6%

Enterprise value$8.48B-55.6%

P/S0.9×-1.0×

Profitability

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Gross margin30.1%-5.9pp

Operating margin-2.7%—

Net margin-9.7%+62.5pp

FCF margin3%-2.4pp

Returns & leverage

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Return on equity-16.7%-76.7pp

Debt / equity0×0.0×

Current ratio1.9×-0.2×

Where this comes from

Reported directly by Baxter International in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: Baxter International’s 10-K, filed February 23, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does material reconciling items — PP&E (net) mean?: The value of physical assets like buildings and equipment held by the corporate entity rather than specific business segments.
How do you interpret material reconciling items — PP&E (net)?: An increase reflects corporate-level capital investment, while a decrease may indicate divestitures or the depreciation of centralized assets.
How does material reconciling items — PP&E (net) compare across companies?: Peers often disclose this as 'Corporate' or 'Unallocated' PP&E in segment reporting footnotes.