Stryker Corp Files 8-K on Financials and Debt
Ticker: SYK · Form: 8-K · Filed: 2024-10-29T00:00:00.000Z
Sentiment: neutral
Topics: debt, financials, notes
TL;DR
Stryker dropped an 8-K detailing its various debt notes due between 2024 and 2036.
AI Summary
Stryker Corporation filed an 8-K on October 29, 2024, reporting on its financial condition and results of operations. The filing details various senior unsecured notes with different maturity dates and interest rates, including notes due in 2024, 2027, 2028, 2029, 2030, 2031, 2032, and 2036.
Why It Matters
This filing provides investors with an update on Stryker's financial structure, specifically detailing its outstanding debt obligations and their terms.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial information and does not indicate any immediate or significant risks.
Key Numbers
- 0.250% — Senior Unsecured Notes Due 2024 (Interest rate on notes maturing in 2024)
- 2.125% — Senior Unsecured Notes Due 2027 (Interest rate on notes maturing in 2027)
- 3.375% — Senior Unsecured Notes Due 2028 (Interest rate on notes maturing in 2028)
- 0.750% — Senior Unsecured Notes Due 2029 (Interest rate on notes maturing in 2029)
- 2.625% — Senior Unsecured Notes Due 2030 (Interest rate on notes maturing in 2030)
- 1.000% — Senior Unsecured Notes Due 2031 (Interest rate on notes maturing in 2031)
- 3.375% — Senior Unsecured Notes Due 2032 (Interest rate on notes maturing in 2032)
- 3.625% — Senior Unsecured Notes Due 2036 (Interest rate on notes maturing in 2036)
Key Players & Entities
- Stryker Corp (company) — Filer
- October 29, 2024 (date) — Report Date
- 3841 (number) — Standard Industrial Classification
- MI (location) — State of Incorporation
- 1941 Stryker Way, Portage, MI 49002 (address) — Business and Mail Address
FAQ
What is the primary purpose of this 8-K filing for Stryker Corp?
The primary purpose is to report on Stryker Corporation's Results of Operations and Financial Condition, specifically detailing its various senior unsecured notes.
When was this 8-K report filed?
This 8-K report was filed on October 29, 2024.
What is Stryker Corp's Standard Industrial Classification code mentioned in the filing?
Stryker Corp's Standard Industrial Classification code is 3841, which corresponds to SURGICAL & MEDICAL INSTRUMENTS & APPARATUS.
What are the maturity dates for the senior unsecured notes disclosed in the filing?
The filing discloses senior unsecured notes maturing in 2024, 2027, 2028, 2029, 2030, 2031, 2032, and 2036.
Where is Stryker Corporation headquartered?
Stryker Corporation is headquartered in Portage, Michigan, with its business and mail address listed as 1941 Stryker Way, Portage, MI 49002.
Filing Stats: 542 words · 2 min read · ~2 pages · Grade level 9.8 · Accepted 2024-10-29 16:09:59
Filing Documents
- syk-20241029.htm (8-K) — 39KB
- sykex991earningsq32024.htm (EX-99.1) — 581KB
- syk-20241029_g1.jpg (GRAPHIC) — 45KB
- 0000310764-24-000113.txt ( ) — 960KB
- syk-20241029.xsd (EX-101.SCH) — 4KB
- syk-20241029_def.xml (EX-101.DEF) — 19KB
- syk-20241029_lab.xml (EX-101.LAB) — 36KB
- syk-20241029_pre.xml (EX-101.PRE) — 20KB
- syk-20241029_htm.xml (XML) — 9KB
02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION Stryker Corporation issued a press release on October 29, 2024 announcing its third quarter 2024 operating results. A copy of this press release is attached hereto as Exhibit 99.1. The information furnished in this report, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits 99.1 Stryker reports third quarter 2024 operating results, press release dated October 29 , 2024 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. STRYKER CORPORATION (Registrant) Date: October 29, 2024 /s/ GLENN S. BOEHNLEIN Glenn S. Boehnlein Vice President, Chief Financial Officer