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