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STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Schedule of Stockholders Equity

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

			Three Months Ended June 30, 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			350.4						$	0.4					$	7,928.4					$	3,397.4					$	(108.5)					$	11,217.7					$	76.5					$	11,294.2
Issuance of common stock through employee stock plans			1.0						—						74.6						—						—						74.6						—						74.6
Shares withheld related to net share settlement of equity awards			(0.1)						—						(0.4)						(10.5)						—						(10.9)						—						(10.9)
Share-based compensation expense related to employee stock plans			—						—						148.2						—						—						148.2						—						148.2
Net income attributable to Intuitive Surgical, Inc.			—						—						—						420.8						—						420.8						—						420.8
Other comprehensive income (loss)			—						—						—						—						28.7						28.7						(1.1)						27.6
Net income attributable to noncontrolling interest in joint venture			—						—						—						—						—						—						5.2						5.2
Ending balance			351.3						$	0.4					$	8,150.8					$	3,807.7					$	(79.8)					$	11,879.1					$	80.6					$	11,959.7

			Three Months Ended June 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			358.9						$	0.4					$	7,354.6					$	4,858.0					$	(110.7)					$	12,102.3					$	54.6					$	12,156.9
Issuance of common stock through employee stock plans			0.4						—						26.6						—						—						26.6						—						26.6
Shares withheld related to net share settlement of equity awards			—						—						(0.6)						(6.2)						—						(6.8)						—						(6.8)
Share-based compensation expense related to employee stock plans			—						—						126.7						—						—						126.7						—						126.7
Repurchase and retirement of common stock			(2.2)						—						(23.3)						(476.8)						—						(500.1)						—						(500.1)
Net income attributable to Intuitive Surgical, Inc.			—						—						—						307.8						—						307.8						—						307.8
Other comprehensive income (loss)			—						—						—						—						(33.5)						(33.5)						(1.0)						(34.5)
Net income attributable to noncontrolling interest in joint venture			—						—						—						—						—						—						5.8						5.8
Ending balance			357.1						$	0.4					$	7,484.0					$	4,682.8					$	(144.2)					$	12,023.0					$	59.4					$	12,082.4

			Six Months Ended June 30, 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			3.4						—						174.8						—						—						174.8						—						174.8
Shares withheld related to net share settlement of equity awards			(0.6)						—						(6.3)						(134.3)						—						(140.6)						—						(140.6)
Share-based compensation expense related to employee stock plans			—						—						294.2						—						—						294.2						—						294.2
Repurchase and retirement of common stock			(1.5)						—						(15.8)						(334.2)						—						(350.0)						—						(350.0)
Net income attributable to Intuitive Surgical, Inc.			—						—						—						776.1						—						776.1						—						776.1
Other comprehensive income (loss)			—						—						—						—						82.7						82.7						(0.8)						81.9
Net income attributable to noncontrolling interest in joint venture			—						—						—						—						—						—						10.7						10.7
Ending balance			351.3						$	0.4					$	8,150.8					$	3,807.7					$	(79.8)					$	11,879.1					$	80.6					$	11,959.7

			Six Months Ended June 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			2.6						—						106.6						—						—						106.6						—						106.6
Shares withheld related to net share settlement of equity awards			(0.6)						—						(6.7)						(172.3)						—						(179.0)						—						(179.0)
Share-based compensation expense related to employee stock plans			—						—						247.5						—						—						247.5						—						247.5
Repurchase and retirement of common stock			(2.6)						—						(27.4)						(579.2)						—						(606.6)						—						(606.6)
Net income attributable to Intuitive Surgical, Inc.			—						—						—						673.4						—						673.4						—						673.4
Other comprehensive income (loss)			—						—						—						—						(120.0)						(120.0)						(0.6)						(120.6)
Net income attributable to noncontrolling interest in joint venture			—						—						—						—						—						—						9.6						9.6
Ending balance			357.1						$	0.4					$	7,484.0					$	4,682.8					$	(144.2)					$	12,023.0					$	59.4					$	12,082.4

Schedule of Share Repurchase Activities

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

			Three Months Ended June 30,												Six Months Ended June 30,
			2023						2022						2023						2022
Shares repurchased			—						2.2						1.5						2.6
Average price per share			$	—					$	224.4					$	238.1					$	231.0
Value of shares repurchased			$	—					$	500.1					$	350.0					$	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 June 30, 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			$	(0.4)					$	(116.6)					$	7.3					$	1.2					$	(108.5)
Other comprehensive income (loss) before reclassifications			6.9						13.1						9.6						—						29.6
Amounts reclassified from accumulated other comprehensive income (loss)			(0.9)						—						—						—						(0.9)
Net current-period other comprehensive income (loss)			6.0						13.1						9.6						—						28.7
Ending balance			$	5.6					$	(103.5)					$	16.9					$	1.2					$	(79.8)
			Three Months Ended June 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			$	5.5					$	(106.7)					$	(4.8)					$	(4.7)					$	(110.7)
Other comprehensive income (loss) before reclassifications			(9.0)						(33.3)						(4.5)						—						(46.8)
Amounts reclassified from accumulated other comprehensive income (loss)			13.4						(0.1)						—						—						13.3
Net current-period other comprehensive income (loss)			4.4						(33.4)						(4.5)						—						(33.5)
Ending balance			$	9.9					$	(140.1)					$	(9.3)					$	(4.7)					$	(144.2)

			Six Months Ended June 30, 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			10.6						50.9						23.5						—						85.0
Amounts reclassified from accumulated other comprehensive income (loss)			(2.1)						(0.2)						—						—						(2.3)
Net current-period other comprehensive income (loss)			8.5						50.7						23.5						—						82.7
Ending balance			$	5.6					$	(103.5)					$	16.9					$	1.2					$	(79.8)

			Six Months Ended June 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			(5.3)						(124.1)						(1.4)						—						(130.8)
Amounts reclassified from accumulated other comprehensive income (loss)			10.7						—						—						0.1						10.8
Net current-period other comprehensive income (loss)			5.4						(124.1)						(1.4)						0.1						(120.0)
Ending balance			$	9.9					$	(140.1)					$	(9.3)					$	(4.7)					$	(144.2)

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 June 30,												Six Months Ended June 30,
Available-for-sale securities			2023						2022						2023						2022
Income tax benefit (expense) for net gains (losses) recorded in other comprehensive income (loss)			$	(3.7)					$	5.6					$	(14.6)					$	35.3

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