XML 98 R42.htm IDEA: XBRL DOCUMENT
v3.22.4

Segment Reporting (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Segment Reporting [Abstract] |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] | A reconciliation of the totals reported for the reportable segments to the applicable line items within our accompanying consolidated statements of operations is as follows (in millions, except percentages). We have revised prior periods to conform to the current year presentation.
| Year Ended December 31,
Net sales | 2022 |  | 2021 |  | 2020
MedSurg | $ | 5,057 |  |  | $ | 4,616 |  |  | $ | 3,844 |
Cardiovascular | 8,161 |  |  | 7,212 |  |  | 5,913 |
Total net sales of reportable segments | 13,218 |  |  | 11,828 |  |  | 9,756 |
Other(1) | (60) |  |  | 13 |  |  | 219 |
Impact of foreign currency fluctuations | (476) |  |  | 47 |  |  | (65) |
| $ | 12,682 |  |  | $ | 11,888 |  |  | $ | 9,913 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] |
| Year Ended December 31,
Income (loss) before income taxes | 2022 |  | 2021 |  | 2020
MedSurg | $ | 1,625 |  |  | $ | 1,524 |  |  | $ | 1,156 |
Cardiovascular | 2,113 |  |  | 1,888 |  |  | 1,043 |
Total operating income of reportable segments | 3,737 |  |  | 3,412 |  |  | 2,198 |
Unallocated amounts: |  |  |  |  |
Corporate expenses, including hedging activities and impact of foreign currency fluctuations on operating income of reportable segments | (436) |  |  | (406) |  |  | (424) |
Intangible asset impairment charges, acquisition/divestiture-related net charges (credits), restructuring and restructuring-related net charges (credits), certain litigation-related net charges (credits) and EU MDR implementation costs | (789) |  |  | (1,070) |  |  | (1,208) |
Amortization expense | (803) |  |  | (741) |  |  | (789) |
Other(1) | (60) |  |  | 4 |  |  | 143 |
Operating income (loss) | 1,649 |  |  | 1,199 |  |  | (80) |
Other income (expense), net | (508) |  |  | (123) |  |  | 1 |
Income (loss) before income taxes | $ | 1,141 |  |  | $ | 1,076 |  |  | $ | (79) |
(1) In 2022, amounts reflect sales reserves established for Italian government payback provisions, which are being disputed in the Italian court system. These amounts were not allocated to our reportable segments or considered by our CODM for resource allocation and decision-making purposes. In 2021 and 2020, amounts relate to our Specialty Pharmaceuticals business. On March 1, 2021, we completed the divestiture of the Specialty Pharmaceuticals business. Prior to the divestiture, we presented the Specialty Pharmaceuticals business as a standalone operating segment alongside our reportable segments.
Segment operating income as percentage of net sales [Table Text Block] |
Operating income of reportable segments as a percentage of net sales of reportable segments | Year Ended December 31,
2022 |  | 2021 |  | 2020
MedSurg | 32.1 | % |  | 33.0 | % |  | 30.1 | %
Cardiovascular | 25.9 | % |  | 26.2 | % |  | 17.6 | %
| Year Ended December 31,
Depreciation expense | 2022 |  | 2021 |  | 2020
MedSurg | $ | 88 |  |  | $ | 91 |  |  | $ | 90 |
Cardiovascular | 245 |  |  | 261 |  |  | 240 |
Total depreciation expense of reportable segments | 333 |  |  | 352 |  |  | 330 |
Other(1) | — |  |  | — |  |  | 3 |
Consolidated depreciation expense | $ | 333 |  |  | $ | 352 |  |  | $ | 333 |
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
| As of December 31,
Total assets | 2022 |  | 2021
MedSurg | $ | 2,501 |  |  | $ | 2,178 |
Cardiovascular | 5,205 |  |  | 4,417 |
Total assets of reportable segments | 7,706 |  |  | 6,595 |
Goodwill | 12,920 |  |  | 11,988 |
Other intangible assets, net | 5,902 |  |  | 6,121 |
All other corporate assets | 5,941 |  |  | 7,525 |
| $ | 32,469 |  |  | $ | 32,229 |
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country [Table Text Block] |
| As of December 31,
Long-lived assets | 2022 |  | 2021 |  |
U.S. | $ | 1,241 |  |  | $ | 1,190 |  |  |
Ireland | 478 |  |  | 436 |  |  |
Costa Rica | 246 |  |  | 185 |  |  |
Other countries | 481 |  |  | 440 |  |  |
Property, plant and equipment, net | 2,446 |  |  | 2,252 |  |  |
Goodwill | 12,920 |  |  | 11,988 |  |  |
Other intangible assets, net | 5,902 |  |  | 6,121 |  |  |
Operating lease right-of-use assets in Other long-term assets | 386 |  |  | 435 |  |  |
| $ | 21,653 |  |  | $ | 20,795 |  |  |

X
- Definition Segment operating income as percentage of net sales + References No definition available. + Details
Name: | bsx_SegmentoperatingincomeaspercentageofnetsalesTableTextBlock
Namespace Prefix: | bsx_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration