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STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Schedule of Stockholders Equity

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

			Three Months Ended March 31, 2023
			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			350.0						$	0.4					$	7,703.9					$	3,500.1					$	(162.5)					$	11,041.9					$	70.7					$	11,112.6
Issuance of common stock through employee stock plans			2.4						—						100.2						—						—						100.2						—						100.2
Shares withheld related to net share settlement of equity awards			(0.5)						—						(5.9)						(123.8)						—						(129.7)						—						(129.7)
Share-based compensation expense related to employee stock plans			—						—						146.0						—						—						146.0						—						146.0
Repurchase and retirement of common stock			(1.5)						—						(15.8)						(334.2)						—						(350.0)						—						(350.0)
Net income attributable to Intuitive Surgical, Inc.			—						—						—						355.3						—						355.3						—						355.3
Other comprehensive income (loss)			—						—						—						—						54.0						54.0						0.3						54.3
Net income attributable to noncontrolling interest in joint venture			—						—						—						—						—						—						5.5						5.5
Ending balance			350.4						$	0.4					$	7,928.4					$	3,397.4					$	(108.5)					$	11,217.7					$	76.5					$	11,294.2

			Three Months Ended March 31, 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			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

Schedule of Share Repurchase Activities

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

			Three Months Ended March 31,
			2023						2022
Shares repurchased			1.5						0.4
Average price per share			$	238.1					$	268.0
Value of shares repurchased			$	350.0					$	106.5

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 March 31, 2023
			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)					$	(154.2)					$	(6.6)					$	1.2					$	(162.5)
Other comprehensive income (loss) before reclassifications			3.7						37.8						13.9						—						55.4
Amounts reclassified from accumulated other comprehensive income (loss)			(1.2)						(0.2)						—						—						(1.4)
Net current-period other comprehensive income (loss)			2.5						37.6						13.9						—						54.0
Ending balance			$	(0.4)					$	(116.6)					$	7.3					$	1.2					$	(108.5)
			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)

Schedule of Amounts Recognized in Other Comprehensive Income (Loss)

The tax impacts for amounts recognized in other comprehensive income (loss) before reclassifications were as follows (in millions):

			Three Months Ended March 31,
Available-for-sale securities			2023						2022
Income tax benefit (expense) for net gains (losses) recorded in other comprehensive income (loss)			$	(10.9)					$	29.7

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