Auditor Firm ID

  
(5)Includes outstanding awards of 20,696,747 stock options, which have a weighted-average exercise price of $61.14 and a weighted-average remaining term of 5.9 years, 1,797,696 shares of common stock issuable upon vesting of restricted stock units, and 731,651 shares of common stock reserved for issuance in connection with performance share unit grants.Refer to information under the captions entitled “Ownership of Baxter Stock — Security Ownership by Directors and Executive Officers” and “— Security Ownership by Certain Beneficial Owners” in the Proxy Statement, all of which information is incorporated herein by reference.Item 13.    Certain Relationships and Related Transactions, and Director Independence.Refer to the information under the first paragraph of the caption entitled “Corporate Governance—at Baxter International Inc.—Board of Directors” and the captions entitled “Corporate Governance at Baxter International Inc.—Board of Directors—Director Independence” and “Corporate Governance at Baxter International Inc.—Other Corporate Governance Information—Certain Relationships and Related Person Transactions” in the Proxy Statement, all of which information is incorporated herein by reference.Item 14.    Principal Accountant Fees and Services.Refer to the information under the caption entitled “Audit Matters — Audit and Non-Audit Fees” and “—Pre-Approval of Audit and Permissible Non-Audit Fees” in the Proxy Statement, all of which information is incorporated herein by reference.  
PART IVItem 15.    Exhibits and Financial Statement SchedulesThe following documents are filed as a part of this report:

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| --- | --- | --- | --- | --- | --- | --- | --- | --- |
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|  |  | PageNumber |
| (1) | Financial Statements: |  |
|  |  |  |
|  | [Consolidated Balance Sheets](#i93d397774bdd4b7396371ce9bc3696a1_70) | 48  |  |
|  |  |  |
|  | [Consolidated Statements of Income](#i93d397774bdd4b7396371ce9bc3696a1_73) | 49  |  |
|  |  |  |
|  | [Consolidated Statements of Comprehensive Income](#i93d397774bdd4b7396371ce9bc3696a1_76) | 50  |  |
|  |  |  |
|  | [Consolidated Statements of Changes in Equity](#i93d397774bdd4b7396371ce9bc3696a1_82) | 51  |  |
|  |  |  |
|  | [Consolidated Statements of Cash Flows](#i93d397774bdd4b7396371ce9bc3696a1_85) | 52  |  |
|  |  |  |
|  | [Notes to Consolidated Financial Statements](#i93d397774bdd4b7396371ce9bc3696a1_88) | 54  |  |
|  |  |  |
|  | [Report of Independent Registered Public Accounting Firm (PCAOB ID](#i93d397774bdd4b7396371ce9bc3696a1_145)238[)](#i93d397774bdd4b7396371ce9bc3696a1_145) | 105  |  |
|  |  |  |
| (2) | Schedules required by Article 12 of Regulation S-X: |  |
|  |  |  |
|  | [Schedule II — Qualifying and Valuation accounts for each of the three years in the period ended December 31, 202](#i93d397774bdd4b7396371ce9bc3696a1_184)[1](#i93d397774bdd4b7396371ce9bc3696a1_184) | 117  |  |
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|  | All other schedules have been omitted because they are not applicable or not required. |  |
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| (3) | Exhibits required by Item 601 of Regulation S-K are listed in the Exhibit Index, which is incorporated herein by reference. Exhibits in the Exhibit Index marked with a “C” in the left margin constitute management contracts or compensatory plans or arrangements contemplated by Item 15(b) of Form 10-K. |  |

  
Item 16.    Form 10-K Summary.Not applicable.111
