Financial Statements

Baxter International Inc. (BAX)

$76.16

+0.41 (+0.54%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 16,32815,71815,62614,483-
Net Income 1,2841,1021,0011,624717
Stock Dividends -17-19-486-10514,081
Dividend Paid -530-473-423-376-315
Retained Earnings 17,06516,32815,71815,62614,483

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 5,3255,1204,5424,588-
Annual Depreciation 1,2269141,2746355,222
Capital Expenditure -743-709-696-681-634
Net PPE 5,8085,3255,1204,5424,588

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -3,0992,9583,0303,217
New Purchases -----
Intangible and Goodwill 3,0992,9583,0303,2179,836

Baxter International Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Baxter International Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.