Company: BSX
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000885725-25-000026
Chunk: 106

Company: BOSTON SCIENTIFIC CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 8
Chunk 106
---
$396 $120 $— $— $120 Publicly-held equity securities17 — — 17 19 — — 19 Hedging instruments— 232 — 232 — 384 — 384 Licensing arrangements— — 17 17 — — 24 24  $413 $232 $17 $662 $139 $384 $24 $547 Liabilities        Hedging instruments$— $1,047 $— $1,047 $— $990 $— $990 Contingent consideration liability— — 214 214 — — 171 171 Licensing arrangements— — 21 21 — — 33 33  $— $1,047 $235 $1,282 $— $990 $203 $1,194 Our investments in money market funds and time deposits are classified within Level 1 of the fair value hierarchy because they are valued using quoted market prices. These investments are classified as Cash and cash equivalents or Other current assets within our accompanying unaudited consolidated balance sheets, in accordance with GAAP and our accounting policies. In addition to $396 million invested in money market funds and time deposits as of March 31, 2025 and $120 million as of December 31, 2024, we held $345 million in interest-bearing and non-interest-bearing bank accounts as of March 31, 2025 and $364 million as of December 31, 2024.Our recurring fair value measurements using Level 3 inputs include those related to our contingent consideration liability. Refer to Note B – Acquisitions and Strategic Investments for a discussion of the changes in the fair value of our contingent consideration liability. Non-Recurring Fair Value MeasurementsWe hold certain assets and liabilities that are measured at fair value on a non-recurring basis in periods after initial recognition. The fair value 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.

17

The fair value of our outstanding debt obligations, excluding finance leases, was