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STOCKHOLDERS' EQUITY (Tables) | 6 Months Ended
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Jun. 30, 2021
Equity [Abstract] |
Schedule of Stockholders Equity | The following tables present the changes in stockholders’ equity (in millions):
| Three Months Ended June 30, 2021
| Common Stock |  | Additional Paid-In Capital |  | Retained Earnings |  | Accumulated Other Comprehensive Income |  | Total Intuitive Surgical, Inc. Stockholders’ Equity |  | Noncontrolling Interest in Joint Venture |  | Total Stockholders’ Equity
| Shares |  | Amount |  |  |  |  |  |
Beginning balance | 118.4 |  |  | $ | 0.1 |  |  | $ | 6,627.3 |  |  | $ | 3,514.7 |  |  | $ | 11.4 |  |  | $ | 10,153.5 |  |  | $ | 36.7 |  |  | $ | 10,190.2 |
Issuance of common stock through employee stock plans | 0.3 |  |  | — |  |  | 69.7 |  |  |  |  |  |  | 69.7 |  |  |  |  | 69.7 |
Shares withheld related to net share settlement of equity awards | — |  |  | — |  |  | (0.7) |  |  | (9.2) |  |  |  |  | (9.9) |  |  |  |  | (9.9) |
Share-based compensation expense related to employee stock plans |  |  |  |  | 108.1 |  |  |  |  |  |  | 108.1 |  |  |  |  | 108.1 |
Net income attributable to Intuitive Surgical, Inc. |  |  |  |  |  |  | 517.2 |  |  |  |  | 517.2 |  |  |  |  | 517.2 |
Other comprehensive income (loss) |  |  |  |  |  |  |  |  | (1.1) |  |  | (1.1) |  |  | (0.5) |  |  | (1.6) |
Net income attributable to noncontrolling interest in joint venture |  |  |  |  |  |  |  |  |  |  | — |  |  | 5.8 |  |  | 5.8 |
Ending balance | 118.7 |  |  | $ | 0.1 |  |  | $ | 6,804.4 |  |  | $ | 4,022.7 |  |  | $ | 10.3 |  |  | $ | 10,837.5 |  |  | $ | 42.0 |  |  | $ | 10,879.5 |
| Three Months Ended June 30, 2020
| Common Stock |  | Additional Paid-In Capital |  | Retained Earnings |  | Accumulated Other Comprehensive Income |  | Total Intuitive Surgical, Inc. Stockholders’ Equity |  | Noncontrolling Interest in Joint Venture |  | Total Stockholders’ Equity
| Shares |  | Amount |  |  |  |  |  |
Beginning balance | 116.6 |  |  | $ | 0.1 |  |  | $ | 5,926.8 |  |  | $ | 2,570.9 |  |  | $ | 8.9 |  |  | $ | 8,506.7 |  |  | $ | 23.8 |  |  | $ | 8,530.5 |
Issuance of common stock through employee stock plans | 0.4 |  |  | — |  |  | 62.7 |  |  |  |  |  |  | 62.7 |  |  |  |  | 62.7 |
Shares withheld related to net share settlement of equity awards | — |  |  | — |  |  | (0.3) |  |  | (5.9) |  |  |  |  | (6.2) |  |  |  |  | (6.2) |
Share-based compensation expense related to employee stock plans |  |  |  |  | 95.9 |  |  |  |  |  |  | 95.9 |  |  |  |  | 95.9 |
Net income attributable to Intuitive Surgical, Inc. |  |  |  |  |  |  | 68.0 |  |  |  |  | 68.0 |  |  |  |  | 68.0 |
Other comprehensive income (loss) |  |  |  |  |  |  |  |  | 13.4 |  |  | 13.4 |  |  | (0.1) |  |  | 13.3 |
Net income attributable to noncontrolling interest in joint venture |  |  |  |  |  |  |  |  |  |  | — |  |  | 2.2 |  |  | 2.2 |
Ending balance | 117.0 |  |  | $ | 0.1 |  |  | $ | 6,085.1 |  |  | $ | 2,633.0 |  |  | $ | 22.3 |  |  | $ | 8,740.5 |  |  | $ | 25.9 |  |  | $ | 8,766.4 |
| Six Months Ended June 30, 2021
| Common Stock |  | Additional Paid-In Capital |  | Retained Earnings |  | Accumulated Other Comprehensive Income |  | Total Intuitive Surgical, Inc. Stockholders’ Equity |  | Noncontrolling Interest in Joint Venture |  | Total Stockholders’ Equity
| Shares |  | Amount |  |  |  |  |  |
Beginning balance | 117.7 |  |  | $ | 0.1 |  |  | $ | 6,445.2 |  |  | $ | 3,261.3 |  |  | $ | 24.9 |  |  | $ | 9,731.5 |  |  | $ | 27.6 |  |  | $ | 9,759.1 |
Issuance of common stock through employee stock plans | 1.2 |  |  |  |  | 153.7 |  |  |  |  |  |  | 153.7 |  |  |  |  | 153.7 |
Shares withheld related to net share settlement of equity awards | (0.2) |  |  |  |  | (5.8) |  |  | (182.1) |  |  |  |  | (187.9) |  |  |  |  | (187.9) |
Share-based compensation expense related to employee stock plans |  |  |  |  | 211.3 |  |  |  |  |  |  | 211.3 |  |  |  |  | 211.3 |
Net income attributable to Intuitive Surgical, Inc. |  |  |  |  |  |  | 943.5 |  |  |  |  | 943.5 |  |  |  |  | 943.5 |
Other comprehensive income (loss) |  |  |  |  |  |  |  |  | (14.6) |  |  | (14.6) |  |  | (0.3) |  |  | (14.9) |
Net income attributable to noncontrolling interest in joint venture |  |  |  |  |  |  |  |  |  |  | — |  |  | 14.7 |  |  | 14.7 |
Ending balance | 118.7 |  |  | $ | 0.1 |  |  | $ | 6,804.4 |  |  | $ | 4,022.7 |  |  | $ | 10.3 |  |  | $ | 10,837.5 |  |  | $ | 42.0 |  |  | $ | 10,879.5 |
| Six Months Ended June 30, 2020
| Common Stock |  | Additional Paid-In Capital |  | Retained Earnings |  | Accumulated Other Comprehensive Income |  | Total Intuitive Surgical, Inc. Stockholders’ Equity |  | Noncontrolling Interest in Joint Venture |  | Total Stockholders’ Equity
| Shares |  | Amount |  |  |  |  |  |
Beginning balance | 116.0 |  |  | $ | 0.1 |  |  | $ | 5,756.8 |  |  | $ | 2,494.5 |  |  | $ | 12.4 |  |  | $ | 8,263.8 |  |  | $ | 20.9 |  |  | $ | 8,284.7 |
Adoption of new accounting standard |  |  |  |  |  |  | (0.1) |  |  |  |  | (0.1) |  |  |  |  | (0.1) |
Issuance of common stock through employee stock plans | 1.5 |  |  | — |  |  | 154.0 |  |  |  |  |  |  | 154.0 |  |  |  |  | 154.0 |
Shares withheld related to net share settlement of equity awards | (0.3) |  |  | — |  |  | (7.0) |  |  | (148.1) |  |  |  |  | (155.1) |  |  |  |  | (155.1) |
Share-based compensation expense related to employee stock plans |  |  |  |  | 186.5 |  |  |  |  |  |  | 186.5 |  |  |  |  | 186.5 |
Repurchase and retirement of common stock | (0.2) |  |  | — |  |  | (5.2) |  |  | (94.8) |  |  |  |  | (100.0) |  |  |  |  | (100.0) |
Net income attributable to Intuitive Surgical, Inc. |  |  |  |  |  |  | 381.5 |  |  |  |  | 381.5 |  |  |  |  | 381.5 |
Other comprehensive income (loss) |  |  |  |  |  |  |  |  | 9.9 |  |  | 9.9 |  |  | 0.1 |  |  | 10.0 |
Net income attributable to noncontrolling interest in joint venture |  |  |  |  |  |  |  |  |  |  | — |  |  | 4.9 |  |  | 4.9 |
Ending balance | 117.0 |  |  | $ | 0.1 |  |  | $ | 6,085.1 |  |  | $ | 2,633.0 |  |  | $ | 22.3 |  |  | $ | 8,740.5 |  |  | $ | 25.9 |  |  | $ | 8,766.4 |
Schedule of Share Repurchase Activities | The following table provides share repurchase activities (in millions, except per share amounts):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Shares repurchased | — |  |  | — |  |  | — |  |  | 0.2 |
Average price per share | — |  |  | — |  |  | $ | — |  |  | $ | 521.83 |
Value of shares repurchased | — |  |  | — |  |  | $ | — |  |  | $ | 100.0 |
Components of Accumulated Other Comprehensive Income, Net of Tax | The components of accumulated other comprehensive income (loss), net of tax, attributable to Intuitive are as follows (in millions):
| Three Months Ended June 30, 2021
| Gains (Losses) on Hedge Instruments |  | Unrealized Gains (Losses) on Available-for-Sale Securities |  | Foreign Currency Translation Gains (Losses) |  | Employee Benefit Plans |  | Total
Beginning balance | $ | 3.2 |  |  | $ | 19.5 |  |  | $ | (5.0) |  |  | $ | (6.3) |  |  | $ | 11.4 |
Other comprehensive income (loss) before reclassifications | 0.5 |  |  | (6.0) |  |  | 4.9 |  |  | — |  |  | (0.6) |
Amounts reclassified from accumulated other comprehensive income (loss) | (0.6) |  |  | — |  |  | — |  |  | 0.1 |  |  | (0.5) |
Net current-period other comprehensive income (loss) | (0.1) |  |  | (6.0) |  |  | 4.9 |  |  | 0.1 |  |  | (1.1) |
Ending balance | $ | 3.1 |  |  | $ | 13.5 |  |  | $ | (0.1) |  |  | $ | (6.2) |  |  | $ | 10.3 |
| Three Months Ended June 30, 2020
| Gains (Losses) on Hedge Instruments |  | Unrealized Gains (Losses) on Available-for-Sale Securities |  | Foreign Currency Translation Gains (Losses) |  | Employee Benefit Plans |  | Total
Beginning balance | $ | 1.8 |  |  | $ | 36.2 |  |  | $ | (20.6) |  |  | $ | (8.5) |  |  | $ | 8.9 |
Other comprehensive income (loss) before reclassifications | — |  |  | 11.6 |  |  | 6.8 |  |  | — |  |  | 18.4 |
Amounts reclassified from accumulated other comprehensive income (loss) | (1.4) |  |  | (3.7) |  |  | — |  |  | 0.1 |  |  | (5.0) |
Net current-period other comprehensive income (loss) | (1.4) |  |  | 7.9 |  |  | 6.8 |  |  | 0.1 |  |  | 13.4 |
Ending balance | $ | 0.4 |  |  | $ | 44.1 |  |  | $ | (13.8) |  |  | $ | (8.4) |  |  | $ | 22.3 |
| Six Months Ended June 30, 2021
| Gains (Losses) on Hedge Instruments |  | Unrealized Gains (Losses) on Available-for-Sale Securities |  | Foreign Currency Translation Gains (Losses) |  | Employee Benefit Plans |  | Total
Beginning balance | $ | (2.9) |  |  | $ | 29.5 |  |  | $ | 4.7 |  |  | $ | (6.4) |  |  | $ | 24.9 |
Other comprehensive income (loss) before reclassifications | 5.1 |  |  | (16.0) |  |  | (4.8) |  |  | — |  |  | (15.7) |
Amounts reclassified from accumulated other comprehensive income (loss) | 0.9 |  |  | — |  |  | — |  |  | 0.2 |  |  | 1.1 |
Net current-period other comprehensive income (loss) | 6.0 |  |  | (16.0) |  |  | (4.8) |  |  | 0.2 |  |  | (14.6) |
Ending balance | $ | 3.1 |  |  | $ | 13.5 |  |  | $ | (0.1) |  |  | $ | (6.2) |  |  | $ | 10.3 |
| Six Months Ended June 30, 2020
| Gains (Losses) on Hedge Instruments |  | Unrealized Gains (Losses) on Available-for-Sale Securities |  | Foreign Currency Translation Gains (Losses) |  | Employee Benefit Plans |  | Total
Beginning balance | $ | 0.7 |  |  | $ | 20.4 |  |  | $ | — |  |  | $ | (8.7) |  |  | $ | 12.4 |
Other comprehensive income (loss) before reclassifications | 2.8 |  |  | 28.4 |  |  | (13.8) |  |  | — |  |  | 17.4 |
Amounts reclassified from accumulated other comprehensive income (loss) | (3.1) |  |  | (4.7) |  |  | — |  |  | 0.3 |  |  | (7.5) |
Net current-period other comprehensive income (loss) | (0.3) |  |  | 23.7 |  |  | (13.8) |  |  | 0.3 |  |  | 9.9 |
Ending balance | $ | 0.4 |  |  | $ | 44.1 |  |  | $ | (13.8) |  |  | $ | (8.4) |  |  | $ | 22.3 |

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