Company: BSX
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000885725-25-000026
Chunk: 40

Company: BOSTON SCIENTIFIC CORP
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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 Topic 815 within our accompanying unaudited consolidated statements of operations. Refer to Note L – Changes in Other Comprehensive Income for the total amounts relating to derivative and nonderivative instruments presented within our accompanying unaudited consolidated statements of comprehensive income (loss).

14

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 TaxThree Months Ended March 31, 2025Forward currency contractsCash flow hedges$(70)$16 $(55)Cost of products sold$1,453 $(41)$9 $(31)Net investment hedges(2)(17)4 (13)Interest expense82 (5)1 (4)Foreign currency-denominated debtNet investment hedges(3)(38)9 (30)Other, net34 — — — Interest rate derivative contractsCash flow hedges— — — Interest expense82 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 TaxThree Months Ended March 31, 2024Forward currency contractsCash flow hedges$76 $(17)$59 Cost of products sold$1,209 $(49)$11 $(38)Net investment hedges(2)27 (6)21 Interest expense69 (4)1 (3)Foreign currency-denominated debtNet investment hedges(3)23 (5)18 Other, net(2)— — — Interest rate derivative contractsCash flow hedges— — — Interest Expense69 1 (0)0 (1) In all periods presented in the table above, the pre-tax (gain) loss amounts reclassified from AOCI