Boston Scientific Files 2023 10-K, Details Financials

Ticker: BSX · Form: 10-K · Filed: 2024-02-20T00:00:00.000Z

Sentiment: neutral

Topics: earnings, annual-report, medical-devices, debt

TL;DR

**Boston Scientific just dropped its 2023 10-K, giving us the full financial picture for the medical device giant!**

AI Summary

BOSTON SCIENTIFIC CORP filed its 10-K on February 20, 2024, for the fiscal year ended December 31, 2023. The filing details financial information and operations for the medical instruments and apparatus company, which is incorporated in Delaware and has its business address at 300 Boston Scientific Way, Marlborough, MA. The document includes standard financial disclosures for the periods 2021, 2022, and 2023, covering aspects like common stock, preferred stock, and senior notes due in 2027.

Why It Matters

This filing provides a comprehensive overview of Boston Scientific's financial health and operational performance, crucial for investors and stakeholders to assess the company's stability and future prospects in the medical device industry.

Risk Assessment

Risk Level: medium — As a large medical device company, Boston Scientific faces regulatory, competitive, and product liability risks inherent in its industry, which are typically detailed in a 10-K.

Key Numbers

Key Players & Entities

FAQ

What is the fiscal year end for the BOSTON SCIENTIFIC CORP 10-K filing?

The fiscal year end for the BOSTON SCIENTIFIC CORP 10-K filing is December 31, 2023.

When was the 10-K for BOSTON SCIENTIFIC CORP filed with the SEC?

The 10-K for BOSTON SCIENTIFIC CORP was filed on February 20, 2024.

What is the Central Index Key (CIK) for BOSTON SCIENTIFIC CORP?

The Central Index Key (CIK) for BOSTON SCIENTIFIC CORP is 0000885725.

In which state is BOSTON SCIENTIFIC CORP incorporated?

BOSTON SCIENTIFIC CORP is incorporated in Delaware.

What is the primary business address for BOSTON SCIENTIFIC CORP?

The primary business address for BOSTON SCIENTIFIC CORP is 300 Boston Scientific Way, Marlborough, MA 01752-1234.

From the Filing

0000885725-24-000017.txt : 20240220 0000885725-24-000017.hdr.sgml : 20240220 20240220162327 ACCESSION NUMBER: 0000885725-24-000017 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 96 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240220 DATE AS OF CHANGE: 20240220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BOSTON SCIENTIFIC CORP CENTRAL INDEX KEY: 0000885725 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 042695240 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11083 FILM NUMBER: 24653727 BUSINESS ADDRESS: STREET 1: 300 BOSTON SCIENTIFIC WAY CITY: MARLBOROUGH STATE: MA ZIP: 01752-1234 BUSINESS PHONE: 508-683-4000 MAIL ADDRESS: STREET 1: 300 BOSTON SCIENTIFIC WAY CITY: MARLBOROUGH STATE: MA ZIP: 01752-1234 10-K 1 bsx-20231231.htm 10-K bsx-20231231 0000885725 2023 FY false P3Y P7Y P2Y P5Y P1Y http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 421 436 421 0000885725 2023-01-01 2023-12-31 0000885725 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0000885725 bsx:SeniorNotedue2027Member 2023-01-01 2023-12-31 0000885725 2023-06-30 iso4217:USD iso4217:USD xbrli:shares 0000885725 2024-01-31 xbrli:shares 0000885725 2022-01-01 2022-12-31 0000885725 2021-01-01 2021-12-31 0000885725 2023-12-31 0000885725 2022-12-31 0000885725 us-gaap:PreferredStockMember 2022-12-31 0000885725 us-gaap:PreferredStockMember 2021-12-31 0000885725 us-gaap:PreferredStockMember 2020-12-31 0000885725 us-gaap:PreferredStockMember 2023-01-01 2023-12-31 0000885725 us-gaap:PreferredStockMember 2022-01-01 2022-12-31 0000885725 us-gaap:PreferredStockMember 2021-01-01 2021-12-31 0000885725 us-gaap:PreferredStockMember 2023-12-31 0000885725 us-gaap:CommonStockMember 2022-12-31 0000885725 us-gaap:CommonStockMember 2021-12-31 0000885725 us-gaap:CommonStockMember 2020-12-31 0000885725 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0000885725 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0000885725 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0000885725 2021-12-31 0000885725 us-gaap:CommonStockMember 2023-12-31 0000885725 us-gaap:TreasuryStockCommonMember 2022-12-31 0000885725 us-gaap:TreasuryStockCommonMember 2021-12-31 0000885725 us-gaap:TreasuryStockCommonMember 2020-12-31 0000885725 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-12-31 0000885725 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0000885725 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0000885725 us-gaap:TreasuryStockCommonMember 2023-12-31 0000885725 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000885725 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000885725 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0000885725 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0000885725 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0000885725 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0000885725 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000885725 us-gaap:RetainedEarningsMember 2022-12-31 0000885725 us-gaap:RetainedEarningsMember 2021-12-31 0000885725 us-gaap:RetainedEarningsMember 2020-12-31 0000885725 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0000885725 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0000885725 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0000885725 us-gaap:RetainedEarningsMember 2023-12-31 0000885725 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000885725 us-g

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