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Stryker Corporation Financial Report: Insights on Debt & Compliance - Feb 2025

$SYK
Form 8-K
Filed on: 2025-02-10
Source
Stryker Corporation Financial Report: Insights on Debt & Compliance - Feb 2025

The section of the financial report provided contains key information regarding Stryker Corporation's securities and reporting structure. Here are the important points extracted from the data:

  1. Entity Information:
  • Name: Stryker Corporation
  • CIK Number: 0000310764
  • Address: 1941 Stryker Way, Portage, MI 49002
  • Contact Number: (269) 385-2600
  • Common Stock: Par Value of $0.10
  • Ticker Symbol: SYK (listed on NYSE)
  1. Security Issuances:
  • The company has several classes of unsecured notes with different due dates and interest rates:
    • 2.125% Notes due 2027 (SYK27)
    • 3.375% Notes due 2028 (SYK28)
    • 0.750% Notes due 2029 (SYK29)
    • 2.625% Notes due 2030 (SYK30)
    • 1.000% Notes due 2031 (SYK31)
    • 3.375% Notes due 2032 (SYK32)
    • 3.625% Notes due 2036 (SYK36)
  1. Filing Context and Period:
  • Filing Date: February 4, 2025
  • Period Covered: The report covers the specific date of February 4, 2025, indicating that it may contain information relevant to that day or related material facts.
  1. XML and XBRL Structure:
  • The report is structured in XBRL format, which is an XML-based framework for the electronic communication of business and financial data. This suggests that the filing is compliant with SEC regulations for financial reporting.
  1. Reporting Standards:
  • The financial report adheres to US GAAP (Generally Accepted Accounting Principles), as indicated by the use of the us-gaap namespace in the XBRL tags.
  1. Segments of Debt:
  • The report includes various segments for the company’s debt obligations, categorized by their respective due dates and interest rates, indicating a structured approach to debt management.

Insights:

  • Debt Management: Stryker Corporation appears to have a well-defined debt structure with multiple notes due at various intervals, which can be indicative of a strategy to manage cash flow effectively and meet financing needs without overwhelming immediate liquidity.
  • Public Company Compliance: The use of XBRL and adherence to US GAAP suggests that Stryker is committed to transparency and compliance with SEC regulations, which is essential for maintaining investor trust and confidence.
  • Market Position: The presence of multiple debt instruments with varying maturities and interest rates may reflect Stryker's position in the market and its approach to capital financing and risk management.

Overall, the information indicates that Stryker Corporation is a well-structured entity actively managing its financial obligations while complying with regulatory standards.