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REVENUE AND CONTRACT ACQUISITION COSTS (Tables) | 6 Months Ended
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Jun. 30, 2021
Revenue from Contract with Customer [Abstract] |
Revenue Disaggregated by Types and Geography | The following table presents revenue disaggregated by types and geography (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
U.S. | 2021 |  | 2020 |  | 2021 |  | 2020
Instruments and accessories | $ | 577.5 |  |  | $ | 315.6 |  |  | $ | 1,078.3 |  |  | $ | 760.0 |
Systems | 277.6 |  |  | 139.3 |  |  | 480.3 |  |  | 338.1 |
Services | 150.7 |  |  | 80.6 |  |  | 294.7 |  |  | 219.0 |
Total U.S. revenue | $ | 1,005.8 |  |  | $ | 535.5 |  |  | $ | 1,853.3 |  |  | $ | 1,317.1 |
Outside of U.S. (“OUS”) |  |  |  |  |  |  |
Instruments and accessories | $ | 218.9 |  |  | $ | 145.2 |  |  | $ | 424.0 |  |  | $ | 318.3 |
Systems | 162.0 |  |  | 121.7 |  |  | 328.0 |  |  | 206.2 |
Services | 77.3 |  |  | 49.7 |  |  | 150.8 |  |  | 110.0 |
Total OUS revenue | $ | 458.2 |  |  | $ | 316.6 |  |  | $ | 902.8 |  |  | $ | 634.5 |
Total |  |  |  |  |  |  |
Instruments and accessories | $ | 796.4 |  |  | $ | 460.8 |  |  | $ | 1,502.3 |  |  | $ | 1,078.3 |
Systems | 439.6 |  |  | 261.0 |  |  | 808.3 |  |  | 544.3 |
Services | 228.0 |  |  | 130.3 |  |  | 445.5 |  |  | 329.0 |
Total revenue | $ | 1,464.0 |  |  | $ | 852.1 |  |  | $ | 2,756.1 |  |  | $ | 1,951.6 |
Summary of Contract Assets and Liabilities | The following information summarizes the Company’s contract assets and liabilities (in millions):
| As of
| June 30, 2021 |  | December 31, 2020
Contract assets | $ | 43.4 |  |  | $ | 34.6 |
Deferred revenue | $ | 392.0 |  |  | $ | 382.3 |
Sales-type Lease Revenue | The following table presents revenue from Intuitive System Leasing arrangements (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Sales-type lease revenue | $ | 84.0 |  |  | $ | 16.8 |  |  | $ | 101.3 |  |  | $ | 71.8 |
Operating lease revenue | $ | 67.3 |  |  | $ | 42.2 |  |  | $ | 126.3 |  |  | $ | 81.3 |
Operating Lease Revenue | The following table presents revenue from Intuitive System Leasing arrangements (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Sales-type lease revenue | $ | 84.0 |  |  | $ | 16.8 |  |  | $ | 101.3 |  |  | $ | 71.8 |
Operating lease revenue | $ | 67.3 |  |  | $ | 42.2 |  |  | $ | 126.3 |  |  | $ | 81.3 |

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