Company: BSX
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000885725-25-000041
Chunk: 129

Company: BOSTON SCIENTIFIC CORP
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 129
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 of a measurement alternative investment is not estimated if there are no identified events or changes in circumstances that may have a significant adverse effect on the fair value of the investment. Refer to Note B – Acquisitions and Strategic Investments for a discussion of our strategic investments and Note C – Goodwill and Other Intangible Assets for a discussion of the fair values of our intangible assets including goodwill.

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The fair value of our outstanding debt obligations, excluding finance leases, was $11.317 billion as of June 30, 2025 and $10.330 billion as of December 31, 2024. We determined fair value by using quoted market prices for our publicly registered senior notes, classified as Level 1 within the fair value hierarchy, and face value for commercial paper, term loans and credit facility borrowings outstanding. Refer to Note E – Contractual Obligations and Commitments for a discussion of our debt obligations.

NOTE E – CONTRACTUAL OBLIGATIONS AND COMMITMENTS Borrowings and Credit ArrangementsWe had total debt outstanding of $11.587 billion as of June 30, 2025 and $10.746 billion as of December 31, 2024, with current obligations of $480 million as of June 30, 2025 and $1.778 billion as of December 31, 2024. The debt maturity schedule for our long-term debt obligations is presented below: (in millions, except interest rates)Issuance DateMaturity DateAs ofCoupon Rate(1)June 30, 2025December 31, 2024March 2026 Senior NotesFebruary 2019March 2026— 255 3.750%December 2027 Senior Notes(3)November 2019December 20271,054 935 0.625%March 2028 Senior Notes(3)March 2022March 2028879 779 1.375%March 2028 Senior NotesFebruary 2018March 2028344 344 4.000%March 2029 Senior NotesFebruary 2019March 2029272 272 4.000%March 2029 Senior Notes(3)February 2024March 2029879 779 3.375%June 2030 Senior NotesMay 2020June 20301,200 1,200 2.650%March 2031 Senior Notes(3)March 2022March 2031879 779 1