BAX: 10-K Risk Factor Changes

2025 vs 2024  ·  SEC EDGAR  ·  2026-06-01
Other years: 2026 vs 2025
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

4
New Risks
2
Removed
19
Modified
16
Unchanged
🟢 New in Current Filing Our significant indebtedness requires us to use a substantial amount of our cash flow for debt service and could constrain our flexibility in responding to unanticipated or adverse business conditions and adversely affect our business, results of operations, financial condition and cash flows. 🔒
🟢 New in Current Filing We cannot guarantee that in the future we will not further reduce the amount of dividends we pay. 🔒
🟢 New in Current Filing Incorporating artificial intelligence, machine learning and other emerging technologies into our products, services and operations may result in legal and regulatory risks, reputational harm or have other adverse consequences to our business, financial condition or results of operations. 🔒
🟢 New in Current Filing Our commitments, goals and disclosures related to corporate responsibility matters, and the perception of our activities in these areas, may adversely impact us, including through reputational harm. 🔒
🔴 No Match in Current Filing The proposed spinoff of our Kidney Care business may not be completed on the terms, structure or timeline we have announced, if at all. 🔒
🔴 No Match in Current Filing We incurred a substantial amount of debt in connection with the Hillrom acquisition, which could adversely affect our business, results of operations, financial condition and cash flows. 🔒
🟡 Modified Global economic conditions, including inflation and supply chain disruptions, have adversely affected, and could continue to adversely affect, our operations. 🔒
🟡 Modified We are subject to a number of laws and regulations, non-compliance with which could adversely affect our business, results of operations, financial condition and cash flows, and we are susceptible to a changing regulatory environment. 🔒
🟡 Modified Climate change, or legal, regulatory or market measures to address climate change, could adversely affect our business, results of operations, financial condition and cash flows. 🔒
🟡 Modified We may not achieve our financial goals. 🔒
🟡 Modified Our operating results and financial condition have fluctuated and may in the future continue to fluctuate. 🔒
🟡 Modified A portion of our workforce is unionized, and we could face labor disruptions that would interfere with our operations. 🔒
🟡 Modified Increasing regulatory focus on privacy, artificial intelligence and cybersecurity issues and expanding laws could impact our business and expose us to increased liability. 🔒
🟡 Modified Risks Relating to Legal and Regulatory Matters 🔒
🟡 Modified We are subject to risks associated with doing business globally. 🔒
🟡 Modified Our Amended and Restated Bylaws could limit our stockholders’ ability to choose their preferred judicial forum for disputes with us or our directors, officers, or employees. 🔒
🟡 Modified Risks Relating to Our Business 🔒
🟡 Modified Changes in foreign currency exchange rates and interest rates have had, and may in the future have, an adverse effect on our results of operations, financial condition, cash flows and liquidity. 🔒
🟡 Modified Risks Relating to Our Financial Performance and Our Common Stock 🔒
🟡 Modified If reimbursement or other payment for our current or future products is reduced or modified in the United States or in foreign countries, including through the implementation or repeal of government-sponsored healthcare reform or other similar actions, cost containment measures, or there are changes to policies with respect to pricing, taxation or rebates, our business could suffer. 🔒
🟡 Modified Risks Relating to Our Operations 🔒
🟡 Modified Risks Relating to Our Strategic Actions 🔒
🟡 Modified Pandemics and other public health emergencies, or the fear thereof, have had, and may in the future have, a material adverse effect on our business. The nature and extent of future impacts are uncertain and unpredictable. 🔒
🟡 Modified If we fail to attract, develop, retain and engage key employees, including a permanent CEO and other members of our senior management, our business may suffer. 🔒
🟡 Modified We are exposed to risks as a result of our strategic actions, including the recent sale of our Kidney Care business. 🔒
25 changes in this historical filing

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