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STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Schedule of Stockholders Equity

The following tables present the changes in stockholders’ equity (in millions):

			Three Months Ended March 31, 2022
			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			357.7						$	0.4					$	7,164.0					$	4,760.9					$	(24.2)					$	11,901.1					$	50.4					$	11,951.5
Issuance of common stock through employee stock plans			2.2						—						80.0						—						—						80.0						—						80.0
Shares withheld related to net share settlement of equity awards			(0.6)						—						(6.1)						(166.1)						—						(172.2)						—						(172.2)
Share-based compensation expense related to employee stock plans			—						—						120.8						—						—						120.8						—						120.8
Repurchase and retirement of common stock			(0.4)						—						(4.1)						(102.4)						—						(106.5)						—						(106.5)
Net income attributable to Intuitive Surgical, Inc.			—						—						—						365.6						—						365.6						—						365.6
Other comprehensive income (loss)			—						—						—						—						(86.5)						(86.5)						0.4						(86.1)
Net income attributable to noncontrolling interest in joint venture			—						—						—						—						—						—						3.8						3.8
Ending balance			358.9						$	0.4					$	7,354.6					$	4,858.0					$	(110.7)					$	12,102.3					$	54.6					$	12,156.9

			Three Months Ended March 31, 2021
			Common Stock												Additional Paid-In Capital						Retained Earnings						Accumulated Other Comprehensive Income (Loss)						Total Intuitive Surgical, Inc. Stockholders’ Equity						Noncontrolling Interest in Joint Venture						Total Stockholders’ Equity
			Shares						Amount
Beginning balance			353.1						$	0.4					$	6,444.9					$	3,261.3					$	24.9					$	9,731.5					$	27.6					$	9,759.1
Issuance of common stock through employee stock plans			2.8						—						84.0						—						—						84.0						—						84.0
Shares withheld related to net share settlement of equity awards			(0.7)						—						(5.1)						(172.9)						—						(178.0)						—						(178.0)
Share-based compensation expense related to employee stock plans			—						—						103.2						—						—						103.2						—						103.2
Net income attributable to Intuitive Surgical, Inc.			—						—						—						426.3						—						426.3						—						426.3
Other comprehensive income			—						—						—						—						(13.5)						(13.5)						0.2						(13.3)
Net income attributable to noncontrolling interest in joint venture			—						—						—						—						—						—						8.9						8.9
Ending balance			355.2						$	0.4					$	6,627.0					$	3,514.7					$	11.4					$	10,153.5					$	36.7					$	10,190.2

Schedule of Share Repurchase Activities

The following table provides share repurchase activities (in millions, except per share amounts):

			Three Months Ended March 31,
			2022						2021
Shares repurchased			0.4						—
Average price per share			$	268.0					$	—
Value of shares repurchased			$	106.5					$	—

Components of Accumulated Other Comprehensive Income, Net of Tax

The components of accumulated other comprehensive income (loss), net of tax, attributable to Intuitive Surgical, Inc. are as follows (in millions):

			Three Months Ended March 31, 2022
			Gains (Losses) on Hedge Instruments						Unrealized Gains (Losses) on Available-for-Sale Securities						Foreign Currency Translation Gains (Losses)						Employee Benefit Plans						Total
Beginning balance			$	4.5					$	(16.0)					$	(7.9)					$	(4.8)					$	(24.2)
Other comprehensive income (loss) before reclassifications			3.7						(90.8)						3.1						—						(84.0)
Amounts reclassified from accumulated other comprehensive income (loss)			(2.7)						0.1						—						0.1						(2.5)
Net current-period other comprehensive income (loss)			1.0						(90.7)						3.1						0.1						(86.5)
Ending balance			$	5.5					$	(106.7)					$	(4.8)					$	(4.7)					$	(110.7)
			Three Months Ended March 31, 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			4.6						(10.0)						(9.7)						—						(15.1)
Amounts reclassified from accumulated other comprehensive income (loss)			1.5						—						—						0.1						1.6
Net current-period other comprehensive income (loss)			6.1						(10.0)						(9.7)						0.1						(13.5)
Ending balance			$	3.2					$	19.5					$	(5.0)					$	(6.3)					$	11.4

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