XML 32 R22.htm IDEA: XBRL DOCUMENT v3.22.2.2

REVENUE AND CONTRACT ACQUISITION COSTS (Tables)

9 Months Ended

Sep. 30, 2022

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.			2022						2021						2022						2021
Instruments and accessories			$	643.3					$	535.7					$	1,819.0					$	1,614.0
Systems			264.7						263.4						731.0						743.7
Services			175.0						153.1						508.9						447.8
Total U.S. revenue			$	1,083.0					$	952.2					$	3,058.9					$	2,805.5
Outside of U.S. (“OUS”)
Instruments and accessories			$	228.3					$	219.7					$	758.2					$	643.7
Systems			161.2						151.8						498.1						479.8
Services			84.9						79.6						252.0						230.4
Total OUS revenue			$	474.4					$	451.1					$	1,508.3					$	1,353.9
Total
Instruments and accessories			$	871.6					$	755.4					$	2,577.2					$	2,257.7
Systems			425.9						415.2						1,229.1						1,223.5
Services			259.9						232.7						760.9						678.2
Total revenue			$	1,557.4					$	1,403.3					$	4,567.2					$	4,159.4

Summary of Contract Assets and Liabilities

The following information summarizes the Company’s contract assets and liabilities (in millions):

			As of
			September 30, 2022						December 31, 2021
Contract assets			$	48.2					$	46.9
Deferred revenue			$	395.6					$	414.0

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,
			2022						2021						2022						2021
Sales-type lease revenue			$	29.6					$	39.0					$	115.3					$	140.3
Operating lease revenue*			$	97.5					$	72.5					$	273.7					$	198.8
*Variable lease revenue relating to usage-based arrangements included within operating lease revenue			$	35.5					$	19.4					$	94.0					$	53.9

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,
			2022						2021						2022						2021
Sales-type lease revenue			$	29.6					$	39.0					$	115.3					$	140.3
Operating lease revenue*			$	97.5					$	72.5					$	273.7					$	198.8
*Variable lease revenue relating to usage-based arrangements included within operating lease revenue			$	35.5					$	19.4					$	94.0					$	53.9

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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://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 https://asc.fasb.org/extlink&oid=126900988&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 https://asc.fasb.org/extlink&oid=126900988&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 https://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