Analysis of Debt

Boston Scientific Corp., balance sheet: debt

US$ in millions

	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Current debt obligations	20)	261)	13)	1,416)	2,253)
Long-term debt	8,915)	8,804)	9,130)	8,592)	4,803)
Total outstanding debt obligations (carrying amount)	8,935)	9,065)	9,143)	10,008)	7,056)

Download chart

Debt item	Description	The company
Total outstanding debt obligations (carrying amount)	Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations.	Boston Scientific Corp. total debt decreased from 2020 to 2021 and from 2021 to 2022.

	Dec 31, 2022
Selected Financial Data (US$ in millions)
Outstanding debt obligations	8,203)
Financial Ratio
Debt, fair value to carrying amount ratio	0.92

Weighted-average interest rate on debt: 2.65%

Interest rate	Debt amount¹	Interest rate × Debt amount
3.45%	504)	17)
0.75%	1,067)	8)
1.90%	500)	10)
3.75%	255)	10)
0.63%	960)	6)
1.38%	800)	11)
4.00%	344)	14)
4.00%	272)	11)
2.65%	1,200)	32)
1.63%	800)	13)
1.88%	534)	10)
6.75%	350)	24)
4.55%	450)	20)
7.38%	300)	22)
4.70%	650)	31)
Total	8,986)	238)
2.65%

¹ US$ in millions

² Weighted-average interest rate = 100 × 238 ÷ 8,986 = 2.65%

Boston Scientific Corp. (NYSE:BSX)