XML 33 R21.htm IDEA: XBRL DOCUMENT
v3.21.2

REVENUE AND CONTRACT ACQUISITION COSTS (Tables) | 9 Months Ended
--- | ---
Sep. 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 September 30, |  | Nine Months Ended September 30,
U.S. | 2021 |  | 2020 |  | 2021 |  | 2020
Instruments and accessories | $ | 535.7 |  |  | $ | 467.3 |  |  | $ | 1,614.0 |  |  | $ | 1,227.2 |
Systems | 263.4 |  |  | 157.7 |  |  | 743.7 |  |  | 495.8 |
Services | 153.1 |  |  | 118.8 |  |  | 447.8 |  |  | 337.8 |
Total U.S. revenue | $ | 952.2 |  |  | $ | 743.8 |  |  | $ | 2,805.5 |  |  | $ | 2,060.8 |
Outside of U.S. (“OUS”) |  |  |  |  |  |  |
Instruments and accessories | $ | 219.7 |  |  | $ | 163.2 |  |  | $ | 643.7 |  |  | $ | 481.6 |
Systems | 151.8 |  |  | 110.1 |  |  | 479.7 |  |  | 316.3 |
Services | 79.6 |  |  | 60.6 |  |  | 230.5 |  |  | 170.6 |
Total OUS revenue | $ | 451.1 |  |  | $ | 333.9 |  |  | $ | 1,353.9 |  |  | $ | 968.5 |
Total |  |  |  |  |  |  |
Instruments and accessories | $ | 755.4 |  |  | $ | 630.5 |  |  | $ | 2,257.7 |  |  | $ | 1,708.8 |
Systems | 415.2 |  |  | 267.8 |  |  | 1,223.4 |  |  | 812.1 |
Services | 232.7 |  |  | 179.4 |  |  | 678.3 |  |  | 508.4 |
Total revenue | $ | 1,403.3 |  |  | $ | 1,077.7 |  |  | $ | 4,159.4 |  |  | $ | 3,029.3 |
Summary of Contract Assets and Liabilities | The following information summarizes the Company’s contract assets and liabilities (in millions):
| As of
| September 30, 2021 |  | December 31, 2020
Contract assets | $ | 44.8 |  |  | $ | 34.6 |
Deferred revenue | $ | 383.5 |  |  | $ | 382.3 |
Sales-type Lease Revenue | The following table presents revenue from Intuitive System Leasing arrangements (in millions):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Sales-type lease revenue | $ | 39.0 |  |  | $ | 24.7 |  |  | $ | 140.3 |  |  | $ | 96.5 |
Operating lease revenue | $ | 72.5 |  |  | $ | 45.7 |  |  | $ | 198.8 |  |  | $ | 127.0 |
Operating Lease Revenue | The following table presents revenue from Intuitive System Leasing arrangements (in millions):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Sales-type lease revenue | $ | 39.0 |  |  | $ | 24.7 |  |  | $ | 140.3 |  |  | $ | 96.5 |
Operating lease revenue | $ | 72.5 |  |  | $ | 45.7 |  |  | $ | 198.8 |  |  | $ | 127.0 |

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 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of income from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=124258985&loc=SL77919372-209981 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 6A -URI http://asc.fasb.org/extlink&oid=124502072&loc=SL77927221-108306 + Details
Name: | us-gaap_OperatingLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of income from sales-type lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 6A -URI http://asc.fasb.org/extlink&oid=124502072&loc=SL77927221-108306 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=124258985&loc=SL77919372-209981 + Details
Name: | us-gaap_SalesTypeLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration