Becton Dickinson and Company: 10-K Risk Factor Changes

2025 vs 2024  ·  SEC EDGAR  ·  2026-05-22
Other years: 2024 vs 2023 · 2023 vs 2022
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The summary below was generated by an AI language model and may contain errors or omissions. All other content on this page is deterministically extracted from the original SEC EDGAR filing.

Becton Dickinson substantially expanded its risk disclosures to address artificial intelligence integration across products and operations, and added three interconnected risks related to its proposed combination of Biosciences and Diagnostic Solutions with Waters, reflecting the company's major strategic initiatives. The removal of pandemic-related risks suggests BD considers acute crisis vulnerabilities less material following the COVID-19 period, while 19 substantive modifications to existing disclosures - including updates to competitive positioning, debt covenants, economic conditions, and supply chain risks - indicate evolving operational and market challenges.

✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

4
New Risks
1
Removed
19
Modified
7
Unchanged
🟢 New in Current Filing

The development, deployment and use of AI in our products and business operations generally could result in regulatory action, legal liability, operational challenges or reputational harm and our failure to adapt to medical technology industry trends and developments related to AI in a timely manner (or at all) could adversely affect our business, financial condition, results of operations and cash flows.

We have integrated (and expect to continue to integrate) AI into our products and business operations generally. We also expect to continue to develop future uses of AI and expand our existing AI capabilities to include agentic solutions, as well as pursue new AI technology…

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We have integrated (and expect to continue to integrate) AI into our products and business operations generally. We also expect to continue to develop future uses of AI and expand our existing AI capabilities to include agentic solutions, as well as pursue new AI technology partnerships with third parties. The development, deployment and use of AI (particularly generative AI) is in the early stages and presents various 19 19 19 19 19 19 Table of Contents Table of Contents Table of Contents risks, including from confidentiality, privacy, data protection, cybersecurity and compliance perspectives, and raises intellectual property issues and legal, regulatory, reputational ethical, operational, technological and other concerns (see, “Our operations are dependent in part on patents and other intellectual property assets” and “Cybersecurity incidents and breaches or breakdowns of our information and technology systems or infrastructure could have a material adverse effect on our operations” elsewhere in this Item 1A, Risk Factors). Additionally, if we do not effectively adopt and integrate AI into innovative, market-differentiated products in a timely manner, our competitive position could be adversely affected.

🟢 New in Current Filing The proposed combination of our Biosciences and Diagnostic Solutions business with Waters may not be completed, on the currently contemplated timeline or at all. 🔒
🟢 New in Current Filing The announcement and pendency of the combination of our Biosciences and Diagnostic Solutions business with Waters could cause disruptions in our business. 🔒
🟢 New in Current Filing We may not realize some or all of the expected benefits of the combination of our Biosciences and Diagnostic Solutions business with Waters. 🔒
🔴 No Match in Current Filing We are subject to risks associated with public health crises, such as pandemics and epidemics, which could have a material adverse effect on our business. The nature and extent of impacts from any such events are highly uncertain and unpredictable. 🔒
🟡 Modified Information About our Executive Officers 🔒
🟡 Modified The medical technology industry is very competitive. 🔒
🟡 Modified The agreements that govern our indebtedness impose restrictions that may affect our ability to operate our businesses. 🔒
🟡 Modified Global economic conditions, including inflation and supply chain disruptions, could continue to adversely affect our operations. 🔒
🟡 Modified Cost volatility could adversely affect our operations. 🔒
🟡 Modified Risks Relating to the Spin-off of Embecta Corp. 🔒
🟡 Modified Cybersecurity incidents and breaches or breakdowns of our information and technology systems or infrastructure could have a material adverse effect on our operations. 🔒
🟡 Modified We are subject to extensive regulation. 🔒
🟡 Modified Interruption of our manufacturing or sterilization operations could adversely affect our business. 🔒
🟡 Modified We are subject to foreign currency exchange risk. 🔒
🟡 Modified We are subject to lawsuits. 🔒
🟡 Modified Reductions in customers’ research budgets or government funding may adversely affect our business. 🔒
🟡 Modified Our international operations subject us to certain business risks. 🔒
🟡 Modified Market dynamics, changes in reimbursement practices and coverage policies, third-party payer cost containment measures and health insurance coverage levels could affect demand for our products and the prices at which they are sold. 🔒
🟡 Modified Forward-Looking Statements 🔒
🟡 Modified Natural disasters, public health crises, war and other events beyond our control could disrupt our business and adversely affect our future revenues and operating income. 🔒
🟡 Modified Defects or quality issues associated with our products and related regulatory actions could adversely affect our results of operations and financial statements. 🔒
🟡 Modified Climate change and related sustainability efforts, or legal, regulatory or market measures to address these efforts, could adversely affect our business, financial condition or results of operations. 🔒
🟡 Modified Human Capital Management 🔒
23 more changes in this filing

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