Baxter International Quarterly Balance Sheet
NYSE: BAXHealth CareMedical/Dental InstrumentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Baxter International financial position
As of Jun 30, 2026, Baxter International reported total assets of $19.79 billion, down 6.0% from a year earlier against total liabilities of $13.61 billion. Shareholders' equity stood at $6.21 billion, or 31.4% of assets. The company held $2.15 billion in cash and equivalents against $844.0 million of debt, a net cash position of $1.31 billion.
The current ratio (current assets divided by current liabilities) was 1.95, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.14.
Summary generated from market data by MetaCap's automated system. Methodology
Baxter International balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.15B | 2.02B | 1.97B | 1.73B | 1.69B | 2.29B | 1.76B | 1.42B | 1.57B | 2.83B | 3.08B | 5.72B |
| Receivables | 1.86B | 1.70B | 1.86B | 1.78B | 1.77B | 1.65B | 1.68B | 1.73B | 2.64B | 2.52B | 1.72B | 2.51B |
| Inventory | 2.26B | 2.32B | 2.23B | 2.46B | 2.38B | 2.17B | 2.05B | 2.10B | 2.98B | 2.99B | 1.92B | 2.87B |
| Total Current Assets | 6.99B | 6.85B | 6.87B | 6.93B | 6.75B | 7.04B | 8.85B | 8.86B | 8.59B | 9.40B | 9.60B | 12.03B |
| Property, Plant & Equipment | 2.91B | 2.91B | 2.91B | 2.81B | 2.80B | 2.72B | 2.87B | 2.83B | 4.31B | 4.37B | 2.87B | 4.28B |
| Goodwill | 4.89B | 4.90B | 4.93B | 5.40B | 5.39B | 5.34B | 5.28B | 5.78B | 6.00B | 6.43B | 5.79B | 6.41B |
| Intangible Assets | 4.07B | 4.22B | 4.37B | 4.80B | 4.95B | 5.08B | 5.22B | 5.45B | 5.74B | 5.91B | 5.92B | 6.23B |
| Total Assets | 19.79B | 19.85B | 20.05B | 21.07B | 21.05B | 21.30B | 25.78B | 26.68B | 26.31B | 27.79B | 28.28B | 30.66B |
| Accounts Payable | 1.03B | 1.09B | 999.00M | 953.00M | 995.00M | 963.00M | 968.00M | 841.00M | 1.25B | 1.33B | 881.00M | 1.25B |
| Short-Term Debt | 844.00M | 842.00M | 3.00M | 755.00M | 8.00M | 662.00M | 2.75B | 2.50B | 2.47B | 2.63B | 2.67B | 2.43B |
| Total Current Liabilities | 3.59B | 3.69B | 2.97B | 3.77B | 2.94B | 3.48B | 6.51B | 6.20B | 6.13B | 6.37B | 6.50B | 6.21B |
| Long-Term Debt | — | — | 9.47B | — | — | — | 10.37B | 10.44B | 10.44B | 11.09B | 11.09B | 14.07B |
| Total Liabilities | 13.61B | 13.83B | 13.95B | 13.85B | 13.75B | 14.25B | 18.76B | 18.73B | 18.60B | 19.55B | 19.81B | 22.49B |
| Shareholders' Equity | 6.21B | 6.04B | 6.13B | 7.24B | 7.32B | 7.08B | 6.96B | 7.87B | 7.64B | 8.17B | 8.40B | 8.10B |
| Retained Earnings | 13.81B | 13.69B | 13.71B | 14.84B | 14.97B | 14.97B | 14.93B | 15.53B | 15.54B | 16.00B | 16.11B | 16.02B |
| Total Debt | 844.00M | 842.00M | 9.48B | 755.00M | 8.00M | 662.00M | 13.13B | 12.94B | 12.90B | 13.73B | 13.76B | 16.49B |
| Net Cash (Debt) | 1.31B | 1.18B | -7.51B | 971.00M | 1.68B | 1.63B | -11.36B | -11.52B | -11.33B | -10.90B | -10.68B | -10.78B |
This table shows 12 quarterly periods of Baxter International's balance sheet, from Q2 2026 back to Q3 2023, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow BAX's reporting calendar. What is a balance sheet?