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Revenue (Tables)
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Disaggregated by Types and Geography The following table presents revenue disaggregated by geography and type (in millions):
Years Ended December 31,
U.S.202420232022
Instruments and accessories$3,626.4 $3,059.8 $2,507.2 
Systems1,122.6 865.5 966.0 
Services840.4 763.3 684.4 
Total U.S. revenue$5,589.4 $4,688.6 $4,157.6 
OUS
Instruments and accessories$1,452.6 $1,216.8 $1,010.7 
Systems843.4 814.2 714.1 
Services466.7 404.5 339.8 
Total OUS revenue$2,762.7 $2,435.5 $2,064.6 
Total
Instruments and accessories$5,079.0 $4,276.6 $3,517.9 
Systems1,966.0 1,679.7 1,680.1 
Services1,307.1 1,167.8 1,024.2 
Total revenue$8,352.1 $7,124.1 $6,222.2 
Summary of Contract Assets and Liabilities
The following information summarizes the Company’s contract assets and liabilities (in millions):
December 31,
20242023
Contract assets$13.9 $20.2 
Deferred revenue$522.9 $491.7 
Sales-type Lease Receivable
The following table presents product revenue from Intuitive System Leasing arrangements (in millions):
Years Ended December 31,
202420232022
Sales-type lease revenue$163.1 $78.4 $156.4 
Operating lease revenue*$654.2 $500.5 $376.5 
*Variable lease revenue related to usage-based arrangements included within operating lease revenue
$338.4 $216.5 $133.0 
Operating Lease Revenue
The following table presents product revenue from Intuitive System Leasing arrangements (in millions):
Years Ended December 31,
202420232022
Sales-type lease revenue$163.1 $78.4 $156.4 
Operating lease revenue*$654.2 $500.5 $376.5 
*Variable lease revenue related to usage-based arrangements included within operating lease revenue
$338.4 $216.5 $133.0