Stock Analysis on Net

Baxter International Inc. (NYSE:BAX)

This company has been moved to the archive! The financial data has not been updated since August 4, 2016.

Balance Sheet: Assets 

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Baxter International Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Cash and equivalents 2,213 2,925 2,733 3,270 2,905
Accounts and other current receivables, net 1,731 2,803 2,911 2,425 2,420
Inventories 1,604 3,559 3,499 2,803 2,628
Short-term deferred income taxes 501 393 344 295
Prepaid valuation added taxes 118
Prepaid income taxes 302
Other 435 563 468 418 402
Prepaid expenses and other 855 563 468 418 402
Investment in Baxalta common stock 5,148
Current assets held for disposition 245
Current assets 11,796 10,351 10,004 9,260 8,650
Property, plant and equipment, net 4,386 8,698 7,832 6,098 5,525
Goodwill 2,687 3,874 4,205 2,502 2,317
Other intangible assets, net 1,349 2,079 2,294 814 826
Deferred income taxes 354 273 876 1,156 1,123
Other long-term receivables 176 127 216 154 195
Other 227 515 442 406 437
Other long-term assets 757 915 1,534 1,716 1,755
Non-current assets 9,179 15,566 15,865 11,130 10,423
Total assets 20,975 25,917 25,869 20,390 19,073

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Baxter International Inc. current assets increased from 2013 to 2014 and from 2014 to 2015.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Baxter International Inc. property, plant and equipment, net increased from 2013 to 2014 but then decreased significantly from 2014 to 2015.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Baxter International Inc. non-current assets decreased from 2013 to 2014 and from 2014 to 2015.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Baxter International Inc. total assets increased from 2013 to 2014 but then decreased significantly from 2014 to 2015.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Baxter International Inc. cash and equivalents increased from 2013 to 2014 but then decreased significantly from 2014 to 2015.
Accounts and other current receivables, net The total amount due to the entity within one year of the balance sheet date (or one operating cycle, if longer) from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value. Baxter International Inc. accounts and other current receivables, net decreased from 2013 to 2014 and from 2014 to 2015.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Baxter International Inc. inventories increased from 2013 to 2014 but then decreased significantly from 2014 to 2015.
Investment in Baxalta common stock Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current.