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STOCKHOLDERS' EQUITY (Tables) | 9 Months Ended
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Sep. 30, 2022
Equity [Abstract] |
Schedule of Stockholders Equity | The following tables present the changes in stockholders’ equity (in millions):
| Three Months Ended September 30, 2022
| 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 | 357.1 |  |  | $ | 0.4 |  |  | $ | 7,484.0 |  |  | $ | 4,682.8 |  |  | $ | (144.2) |  |  | $ | 12,023.0 |  |  | $ | 59.4 |  |  | $ | 12,082.4 |
Issuance of common stock through employee stock plans | 0.9 |  |  | — |  |  | 82.0 |  |  | — |  |  | — |  |  | 82.0 |  |  | — |  |  | 82.0 |
Shares withheld related to net share settlement of equity awards | (0.1) |  |  | — |  |  | (0.4) |  |  | (7.9) |  |  | — |  |  | (8.3) |  |  | — |  |  | (8.3) |
Share-based compensation expense related to employee stock plans | — |  |  | — |  |  | 138.1 |  |  | — |  |  | — |  |  | 138.1 |  |  | — |  |  | 138.1 |
Repurchase and retirement of common stock | (4.6) |  |  | — |  |  | (18.9) |  |  | (981.1) |  |  | — |  |  | (1,000.0) |  |  | — |  |  | (1,000.0) |
Net income attributable to Intuitive Surgical, Inc. | — |  |  | — |  |  | — |  |  | 324.0 |  |  | — |  |  | 324.0 |  |  | — |  |  | 324.0 |
Other comprehensive income (loss) | — |  |  | — |  |  | — |  |  | — |  |  | (43.4) |  |  | (43.4) |  |  | (1.5) |  |  | (44.9) |
Net income attributable to noncontrolling interest in joint venture | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 0.7 |  |  | 0.7 |
Ending balance | 353.3 |  |  | $ | 0.4 |  |  | $ | 7,684.8 |  |  | $ | 4,017.8 |  |  | $ | (187.6) |  |  | $ | 11,515.4 |  |  | $ | 58.6 |  |  | $ | 11,574.0 |
| Three Months Ended September 30, 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 | 356.2 |  |  | $ | 0.4 |  |  | $ | 6,804.1 |  |  | $ | 4,022.7 |  |  | $ | 10.3 |  |  | $ | 10,837.5 |  |  | $ | 42.0 |  |  | $ | 10,879.5 |
Issuance of common stock through employee stock plans | 1.1 |  |  | — |  |  | 91.1 |  |  | — |  |  | — |  |  | 91.1 |  |  | — |  |  | 91.1 |
Shares withheld related to net share settlement of equity awards | (0.1) |  |  | — |  |  | (0.2) |  |  | (13.1) |  |  | — |  |  | (13.3) |  |  | — |  |  | (13.3) |
Share-based compensation expense related to employee stock plans | — |  |  | — |  |  | 120.1 |  |  | — |  |  | — |  |  | 120.1 |  |  | — |  |  | 120.1 |
Net income attributable to Intuitive Surgical, Inc. | — |  |  | — |  |  | — |  |  | 380.5 |  |  | — |  |  | 380.5 |  |  | — |  |  | 380.5 |
Other comprehensive income (loss) | — |  |  | — |  |  | — |  |  | — |  |  | (5.0) |  |  | (5.0) |  |  | (0.1) |  |  | (5.1) |
Net income attributable to noncontrolling interest in joint venture | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 6.7 |  |  | 6.7 |
Ending balance | 357.2 |  |  | $ | 0.4 |  |  | $ | 7,015.1 |  |  | $ | 4,390.1 |  |  | $ | 5.3 |  |  | $ | 11,410.9 |  |  | $ | 48.6 |  |  | $ | 11,459.5 |
| Nine Months Ended September 30, 2022
| 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 | 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 | 3.5 |  |  | — |  |  | 188.6 |  |  | — |  |  | — |  |  | 188.6 |  |  | — |  |  | 188.6 |
Shares withheld related to net share settlement of equity awards | (0.7) |  |  | — |  |  | (7.1) |  |  | (180.2) |  |  | — |  |  | (187.3) |  |  | — |  |  | (187.3) |
Share-based compensation expense related to employee stock plans | — |  |  | — |  |  | 385.6 |  |  | — |  |  | — |  |  | 385.6 |  |  | — |  |  | 385.6 |
Repurchase and retirement of common stock | (7.2) |  |  | — |  |  | (46.3) |  |  | (1,560.3) |  |  | — |  |  | (1,606.6) |  |  | — |  |  | (1,606.6) |
Net income attributable to Intuitive Surgical, Inc. | — |  |  | — |  |  | — |  |  | 997.4 |  |  | — |  |  | 997.4 |  |  | — |  |  | 997.4 |
Other comprehensive income (loss) | — |  |  | — |  |  | — |  |  | — |  |  | (163.4) |  |  | (163.4) |  |  | (2.1) |  |  | (165.5) |
Net income attributable to noncontrolling interest in joint venture | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10.3 |  |  | 10.3 |
Ending balance | 353.3 |  |  | $ | 0.4 |  |  | $ | 7,684.8 |  |  | $ | 4,017.8 |  |  | $ | (187.6) |  |  | $ | 11,515.4 |  |  | $ | 58.6 |  |  | $ | 11,574.0 |
| Nine Months Ended September 30, 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 | 4.9 |  |  | — |  |  | 244.8 |  |  | — |  |  | — |  |  | 244.8 |  |  | — |  |  | 244.8 |
Shares withheld related to net share settlement of equity awards | (0.8) |  |  | — |  |  | (6.0) |  |  | (195.2) |  |  | — |  |  | (201.2) |  |  | — |  |  | (201.2) |
Share-based compensation expense related to employee stock plans | — |  |  | — |  |  | 331.4 |  |  | — |  |  | — |  |  | 331.4 |  |  | — |  |  | 331.4 |
Net income attributable to Intuitive Surgical, Inc. | — |  |  | — |  |  | — |  |  | 1,324.0 |  |  | — |  |  | 1,324.0 |  |  | — |  |  | 1,324.0 |
Other comprehensive income (loss) | — |  |  | — |  |  | — |  |  | — |  |  | (19.6) |  |  | (19.6) |  |  | (0.4) |  |  | (20.0) |
Net income attributable to noncontrolling interest in joint venture | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 21.4 |  |  | 21.4 |
Ending balance | 357.2 |  |  | $ | 0.4 |  |  | $ | 7,015.1 |  |  | $ | 4,390.1 |  |  | $ | 5.3 |  |  | $ | 11,410.9 |  |  | $ | 48.6 |  |  | $ | 11,459.5 |
Schedule of Share Repurchase Activities | The following table provides share repurchase activities (in millions, except per share amounts):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Shares repurchased | 4.6 |  |  | — |  |  | 7.2 |  |  | — |
Average price per share | $ | 217.5 |  |  | $ | — |  |  | $ | 222.4 |  |  | $ | — |
Value of shares repurchased | $ | 1,000.0 |  |  | $ | — |  |  | $ | 1,606.6 |  |  | $ | — |
Components of Accumulated Other Comprehensive Income, Net of Tax | The components of accumulated other comprehensive loss, net of tax, attributable to Intuitive Surgical, Inc. are as follows (in millions):
| Three Months Ended September 30, 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 | $ | 9.9 |  |  | $ | (140.1) |  |  | $ | (9.3) |  |  | $ | (4.7) |  |  | $ | (144.2) |
Other comprehensive income (loss) before reclassifications | (5.7) |  |  | (37.3) |  |  | (8.5) |  |  | — |  |  | (51.5) |
Amounts reclassified from accumulated other comprehensive income (loss) | 8.0 |  |  | — |  |  | — |  |  | 0.1 |  |  | 8.1 |
Net current-period other comprehensive income (loss) | 2.3 |  |  | (37.3) |  |  | (8.5) |  |  | 0.1 |  |  | (43.4) |
Ending balance | $ | 12.2 |  |  | $ | (177.4) |  |  | $ | (17.8) |  |  | $ | (4.6) |  |  | $ | (187.6) |
| Three Months Ended September 30, 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 | $ | 3.1 |  |  | $ | 13.5 |  |  | $ | (0.1) |  |  | $ | (6.2) |  |  | $ | 10.3 |
Other comprehensive income (loss) before reclassifications | 4.2 |  |  | (3.4) |  |  | (2.7) |  |  | — |  |  | (1.9) |
Amounts reclassified from accumulated other comprehensive income (loss) | (2.2) |  |  | (1.1) |  |  | — |  |  | 0.2 |  |  | (3.1) |
Net current-period other comprehensive income (loss) | 2.0 |  |  | (4.5) |  |  | (2.7) |  |  | 0.2 |  |  | (5.0) |
Ending balance | $ | 5.1 |  |  | $ | 9.0 |  |  | $ | (2.8) |  |  | $ | (6.0) |  |  | $ | 5.3 |
| Nine Months Ended September 30, 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 | (11.0) |  |  | (161.4) |  |  | (9.9) |  |  | — |  |  | (182.3) |
Amounts reclassified from accumulated other comprehensive income (loss) | 18.7 |  |  | — |  |  | — |  |  | 0.2 |  |  | 18.9 |
Net current-period other comprehensive income (loss) | 7.7 |  |  | (161.4) |  |  | (9.9) |  |  | 0.2 |  |  | (163.4) |
Ending balance | $ | 12.2 |  |  | $ | (177.4) |  |  | $ | (17.8) |  |  | $ | (4.6) |  |  | $ | (187.6) |
| Nine Months Ended September 30, 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 | 9.3 |  |  | (19.4) |  |  | (7.5) |  |  | — |  |  | (17.6) |
Amounts reclassified from accumulated other comprehensive income (loss) | (1.3) |  |  | (1.1) |  |  | — |  |  | 0.4 |  |  | (2.0) |
Net current-period other comprehensive income (loss) | 8.0 |  |  | (20.5) |  |  | (7.5) |  |  | 0.4 |  |  | (19.6) |
Ending balance | $ | 5.1 |  |  | $ | 9.0 |  |  | $ | (2.8) |  |  | $ | (6.0) |  |  | $ | 5.3 |

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