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Baxter International BAX Amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost

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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×
Current ratio1.9×-0.2×

Where this comes from

Reported directly by Baxter International in its filing.

Tagged under the XBRL concept us-gaap:OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax.

The official record: Baxter International’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baxter International's amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost?
Baxter International (BAX) reported amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost of -$2M in Q4 2025.
How has Baxter International's amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost changed year-over-year?
Baxter International's amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost decreased by 100.0% year-over-year, from -$1M to -$2M.
What is the long-term trend for Baxter International's amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost?
Over 4 years (2021 to 2025), Baxter International's amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost has grown at a -40.5% compound annual growth rate (CAGR), from $64M to -$8M.
What does amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost mean?
The amount of previously deferred pension costs being recognized as an expense in the current period.
How do you interpret amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost?
Higher amortization increases current operating expenses, potentially reducing reported net income.
How does amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost compare across companies?
Common for mature companies with long-standing pension plans.