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REVENUE AND CONTRACT ACQUISITION COSTS (Tables)

6 Months Ended

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

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
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-Publisher FASB
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-Topic 842
-SubTopic 30
-Section 50
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