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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 3,527 $ 3,170 $ 10,515 $ 9,440
Cost of products sold 1,101 979 3,198 2,945
Gross profit 2,426 2,191 7,317 6,495 Close
Operating expenses:         Close
Selling, general and administrative expenses 1,242 1,132 3,811 3,357 Close
Research and development expenses 356 339 1,051 993 Close
Royalty expense 11 11 35 34 Close
Amortization expense 208 202 620 604 Close
Intangible asset impairment charges 1 125 58 132 Close
Contingent consideration net expense (benefit) 12 20 43 68 Close
Restructuring net charges (credits) 15 4 51 18 Close
Litigation-related net charges (credits) (111) 0 (111) 42 Close
Operating expenses 1,733 1,833 5,558 5,248 CloseClose
Total Operating Expenses 3467.0 3666.0 11116.0 10496.0 0 Close
Operating income (loss) 693 358 1,759 1,247 Close
Other income (expense):         Close
Interest expense (66) (63) (200) (406) Close
Total Other Income Expenses -84.0 -114.0 -278.0 -502.0 0 Close
Other, net (18) (51) (78) (96) CloseClose
Income (loss) before income taxes 610 245 1,480 745 Close
Income tax expense (benefit) 105 57 392 188 Close
Net income (loss) 504 188 1,088 558 Close
Preferred stock dividends 0 (14) (23) (42)
Net income (loss) attributable to noncontrolling interests 0 0 0 0
Net income (loss) attributable to Boston Scientific common stockholders $ 505 $ 174 $ 1,065 $ 516
Net income (loss) per common share — basic $ 0.34 $ 0.12 $ 0.74 $ 0.36
Net income (loss) per common share — diluted $ 0.34 $ 0.12 $ 0.73 $ 0.36
Weighted-average shares outstanding        
Basic 1,464.5 1,431.6 1,448.8 1,429.7
Diluted 1,475.0 1,440.0 1,459.1 1,438.7