NOTE L – CHANGES IN OTHER COMPREHENSIVE INCOME
The following tables provide the reclassifications out of Other comprehensive income (loss), net of tax attributable to Boston Scientific common stockholders:
| | | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | Foreign Currency Translation Adjustment | | Net Change in Derivative Financial Instruments | | | | Net Change in Defined Benefit Pensions and Other Items | | Total | | Balance as of March 31, 2026 | $ | (428) | | | $ | 31 | | | | | $ | (1) | | | $ | (399) | | | Other comprehensive income (loss) before reclassifications | 85 | | | 12 | | | | | 0 | | | 97 | | | (Income) loss amounts reclassified from accumulated other comprehensive income | (6) | | | 3 | | | | | (0) | | | (3) | | | Total other comprehensive income (loss) | 80 | | | 15 | | | | | (0) | | | 94 | | | Balance as of June 30, 2026 | $ | (349) | | | $ | 46 | | | | | $ | (1) | | | $ | (304) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | Foreign Currency Translation Adjustment | | Net Change in Derivative Financial Instruments | | | | Net Change in Defined Benefit Pensions and Other Items | | Total | | Balance as of March 31, 2025 | $ | (80) | | | $ | 69 | | | | | $ | (17) | | | $ | (28) | | | Other comprehensive income (loss) before reclassifications | (474) | | | (198) | | | | | — | | | (671) | | | (Income) loss amounts reclassified from accumulated other comprehensive income | (7) | | | (16) | | | | | (0) | | | (23) | | | Total other comprehensive income (loss) | (480) | | | (214) | | | | | (0) | | | (694) | | | Balance as of June 30, 2025 | $ | (560) | | | $ | (145) | | | | | $ | (17) | | | $ | (722) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | Foreign Currency Translation Adjustment | | Net Change in Derivative Financial Instruments | | | | Net Change in Defined Benefit Pensions and Other Items | | Total | | Balance as of December 31, 2025 | $ | (561) | | | $ | (48) | | | | | $ | (2) | | | $ | (610) | | | Other comprehensive income (loss) before reclassifications | 220 | | | 88 | | | | | 1 | | | 309 | | | (Income) loss amounts reclassified from accumulated other comprehensive income | (8) | | | 5 | | | | | (0) | | | (3) | | | Total other comprehensive income (loss) | 212 | | | 93 | | | | | 0 | | | 305 | | | Balance as of June 30, 2026 | $ | (349) | | | $ | 46 | | | | | $ | (1) | | | $ | (304) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | Foreign Currency Translation Adjustment | | Net Change in Derivative Financial Instruments | | | | Net Change in Defined Benefit Pensions and Other Items | | Total | | Balance as of December 31, 2024 | $ | 136 | | | $ | 155 | | | | | $ | (16) | | | $ | 275 | | | Other comprehensive income (loss) before reclassifications | (686) | | | (252) | | | | | (0) | | | (938) | | | (Income) loss amounts reclassified from accumulated other comprehensive income | (11) | | | (47) | | | | | (0) | | | (58) | | | Total other comprehensive income (loss) | (696) | | | (300) | | | | | (0) | | | (996) | | | Balance as of June 30, 2025 | $ | (560) | | | $ | (145) | | | | | $ | (17) | | | $ | (722) | |
Refer to Note D – Hedging Activities and Fair Value Measurements for further detail on our net investment hedges recorded in Foreign currency translation adjustment and our cash flow hedges recorded in Net change in derivative financial instruments.
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