Company: BSX
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000885725-25-000041
Chunk: 53

Company: BOSTON SCIENTIFIC CORP
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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edges(3)9 (2)7 Other, net23 — — — Interest rate derivative contractsCash flow hedges— — — Interest Expense77 0 (0)0 

16

Effect of Hedging Relationships on Accumulated Other Comprehensive IncomeAmount Recognized in OCI on HedgesUnaudited Consolidated Statements of Operations(1)Amount Reclassified from AOCI into Earnings(in millions)Pre-Tax Gain (Loss)Tax Benefit (Expense)Gain (Loss) Net of TaxLocation of Amount Reclassified and Total Amount of Line ItemPre-Tax (Gain) LossTax (Benefit) Expense(Gain) Loss Net of TaxSix Months Ended June 30, 2025Forward currency contractsCash flow hedges$(325)$73 $(252)Cost of products sold$3,090 $(61)$14 $(48)Net investment hedges(2)(78)18 (60)Interest expense172 (14)3 (11)Foreign currency-denominated debtNet investment hedges(3)(119)27 (93)Other, net(179)— — — Interest rate derivative contractsCash flow hedges— — — Interest expense172 0 (0)0 Effect of Hedging Relationships on Accumulated Other Comprehensive IncomeAmount Recognized in OCI on HedgesUnaudited Consolidated Statements of Operations(1)Amount Reclassified from AOCI into Earnings(in millions)Pre-Tax Gain (Loss)Tax Benefit (Expense)Gain (Loss) Net of TaxLocation of Amount Reclassified and Total Amount of Line ItemPre-Tax (Gain) LossTax (Benefit) Expense(Gain) Loss Net of TaxSix Months Ended June 30, 2024Forward currency contractsCash flow hedges$108 $(24)$84 Cost of products sold$2,479 $(101)$23 $(79)Net investment hedges(2)48 (11)37 Interest expense146 (8)2 (6)Foreign currency-denominated debtNet investment hedges(3)32 (7)25 Other, net21 — — — Interest rate derivative contractsCash flow hedges— — — Interest expense146 1 (0)1 (1) In all periods presented in the table above, the pre-tax (gain) loss amounts reclassified from AOCI to earnings represent