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Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Sales-type Lease Receivable

Lease receivables relating to sales-type lease arrangements are presented on the Consolidated Balance Sheets as follows (in millions):

			December 31,
			2020						2019
Gross lease receivables			$	286.1					$	191.9
Unearned income			(11.1)						(10.1)
Subtotal			$	275.0					$	181.8
Allowance for credit loss			(4.4)						(1.2)
Net investment in sales-type leases			$	270.6					$	180.6
Reported as:
Prepaids and other current assets			$	81.1					$	63.1
Intangible and other assets, net			189.5						117.5
Total, net			$	270.6					$	180.6

Sales-type Lease Receivable

The following table presents product revenue from Intuitive System Leasing arrangements (in millions):

						Years Ended December 31,
						2020						2019						2018
Sales-type lease revenue						$	154.4					$	81.6					$	69.8
Operating lease revenue						$	176.7					$	106.9					$	51.4

Schedule of Contractual Maturities of Gross Lease Receivables

Contractual maturities of gross lease receivables as of December 31, 2020, are as follows (in millions):

Fiscal Year			Amount
2021			$	82.7
2022			71.1
2023			55.5
2024			46.3
2025			27.3
2026 and thereafter			3.2
Total			$	286.1

Schedule of Operating Lease Payments

The Company’s operating lease terms are generally less than seven years. Future minimum lease payments related to the non-cancellable portion of operating leases (which excludes contingent payments related to usage-based arrangements) as of December 31, 2020, are as follows (in millions):

Fiscal Year			Amount
2021			$	187.4
2022			177.3
2023			145.9
2024			97.7
2025			45.2
2026 and thereafter			14.7
Total			$	668.2

Supplemental Cash Flow and Balance Sheet Information

Supplemental cash flow information for the year ended December 31, 2020, related to operating leases was as follows (in millions):

			Amount
Cash paid for leases that were included within operating cash outflows			$	11.0
Right-of-use assets recognized related to new lease obligations			$	9.6

Supplemental Balance Sheet Information

Supplemental balance sheet information, as of December 31, 2020, related to operating leases was as follows (in millions, except lease term and discount rate):

Reported as:			Amount
Intangible and other assets, net (Right-of-use assets)			$	63.9
Other accrued liabilities			$	21.9
Other long-term liabilities			58.0
Total lease liabilities			$	79.9
Weighted average remaining lease term			5.3 years
Weighted average discount rate			3.2		%

Schedule of Maturities of Operating Lease Liabilities

As of December 31, 2020, the future payments related to the Company's operating lease liabilities are scheduled as follows (in millions):

Fiscal Year			Amount
2021			$	22.7
2022			17.7
2023			14.8
2024			9.9
2025			8.7
2026 and thereafter			15.0
Total lease payments			$	88.8
Less imputed interest			(8.9)
Total operating lease liabilities			$	79.9

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