XML 34 R24.htm IDEA: XBRL DOCUMENT v3.23.2

LEASES (Tables)

6 Months Ended

Jun. 30, 2023

Leases [Abstract]

Schedule of Lease Receivables

Lease receivables relating to sales-type lease arrangements are presented on the Condensed Consolidated Balance Sheets as follows (in millions):

			As of
			June 30, 2023						December 31, 2022
Gross lease receivables			$	414.1					$	449.4
Unearned income			(14.3)						(14.4)
Subtotal			399.8						435.0
Allowance for credit loss			(3.0)						(3.0)
Net investment in sales-type leases			$	396.8					$	432.0
Reported as:
Prepaids and other current assets			$	134.6					$	131.2
Intangible and other assets, net			262.2						300.8
Net investment in sales-type leases			$	396.8					$	432.0

Schedule of Contractual Maturities of Gross Lease Receivables

Contractual maturities of gross lease receivables as of June 30, 2023, are as follows (in millions):

Fiscal Year			Amount
Remainder of 2023			$	70.3
2024			134.0
2025			103.5
2026			66.6
2027			33.3
2028 and thereafter			6.4
Total			$	414.1

Amortized Cost Basis by Year of Origination and Credit Quality Indicator

The following table summarizes the amortized cost basis by year of origination and by credit quality for the net investment in sales-type leases as of June 30, 2023 (in millions):

			2023						2022						2021						2020						2019						Prior						Net Investment
Credit Rating:
High			$	27.1					$	86.2					$	70.9					$	32.9					$	10.0					$	0.6					$	227.7
Moderate			9.8						57.2						58.7						28.4						6.8						3.0						163.9
Low			—						3.3						3.0						1.9						—						—						8.2
Total			$	36.9					$	146.7					$	132.6					$	63.2					$	16.8					$	3.6					$	399.8

X

- Definition

Lessor, Sales-type Lease, Lease Income

+ References

No definition available.

+ Details

Name:	isrg_LessorSalesTypeLeaseLeaseIncomeTableTextBlock
Namespace Prefix:	isrg_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479319/326-20-50-5

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481962/310-10-50-29

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity of undiscounted cash flows to be received on annual basis for sales-type and direct financing leases receivable. Includes, but is not limited to, reconciliation to lease receivable recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479773/842-30-50-10

+ Details

Name:	us-gaap_SalesTypeAndDirectFinancingLeasesLeaseReceivableMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration