Company: BSX
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000885725-25-000041
Chunk: 37

Company: BOSTON SCIENTIFIC CORP
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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Refer to notes to the unaudited consolidated financial statements. Amounts may not add due to rounding.

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BOSTON SCIENTIFIC CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED) 

Three Months EndedJune 30,Six Months EndedJune 30,(in millions)2025202420252024Net income (loss)$795 $322 $1,467 $815 Other comprehensive income (loss), net of tax:Foreign currency translation adjustment(477)45 (691)102 Net change in derivative financial instruments(214)(16)(300)6 Net change in defined benefit pensions and other items(0)0 (0)0 Other comprehensive income (loss)(691)30 (991)108 Comprehensive income (loss)$104 $352 $476 $924 Net income (loss) attributable to noncontrolling interests(2)(2)(4)(4)Other comprehensive income (loss) attributable to noncontrolling interests3 (1)6 (6)Comprehensive income (loss) attributable to noncontrolling interests1 (4)2 (10)Comprehensive income attributable to Boston Scientific common stockholders$103 $356 $474 $933 

Refer to notes to the unaudited consolidated financial statements. Amounts may not add due to rounding.

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BOSTON SCIENTIFIC CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

 As of(in millions, except share and per share data)June 30, 2025December 31, 2024ASSETS  Current assets:  Cash and cash equivalents$534 $414 Trade accounts receivable, net2,815 2,558 Inventories2,861 2,810 Prepaid income taxes298 307 Other current assets613 831 Total current assets7,121 6,920 Property, plant and equipment, net3,461 3,294 Goodwill18,076 17,089 Other intangible assets, net7,260 6,684 Deferred tax assets3,778 3,655 Other long-term assets1,864 1,754 TOTAL ASSETS$41,559 $39,395 LIAB