BlackRock Portfolio Management LLC's Schedule 13G/A Filing for Baxter International Inc

BlackRock Portfolio Management LLC has filed an amendment to its Schedule 13G for Baxter International Inc, reporting beneficial ownership of 39,204,985 shares of common stock, representing 7.6% of the total outstanding shares. The filing indicates that BlackRock has sole voting power over 38,736,192 shares and sole dispositive power over all 39,204,985 shares. The filing is made in accordance with SEC Release No. 34-39538, which allows for the disaggregation of beneficial ownership by different business units within BlackRock, Inc. and its subsidiaries. The filing also includes certifications that the shares were acquired and are held in the ordinary course of business and not for the purpose of influencing the control of the issuer.