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STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Stockholders Equity
The following tables present the changes in stockholders’ equity (in millions):
Three Months Ended March 31, 2025
Common StockAdditional Paid-In CapitalRetained EarningsAccumulated Other Comprehensive LossTotal Intuitive Surgical, Inc. Stockholders’ EquityNoncontrolling Interest in Joint VentureTotal Stockholders’ Equity
SharesAmount
Beginning balance356.6 $0.4 $9,681.3 $6,803.3 $(51.3)$16,433.7 $95.9 $16,529.6 
Issuance of common stock through employee stock plans2.4 — 134.3 — — 134.3 — 134.3 
Shares withheld related to net share settlement of equity awards(0.6)— (7.8)(362.3)— (370.1)— (370.1)
Share-based compensation expense related to employee stock plans— — 185.9 — — 185.9 — 185.9 
Net income attributable to Intuitive Surgical, Inc.— — — 698.4 — 698.4 — 698.4 
Other comprehensive income— — — — 24.2 24.2 0.1 24.3 
Net income attributable to noncontrolling interest in joint venture— — — — — — 5.3 5.3 
Ending balance358.4 $0.4 $9,993.7 $7,139.4 $(27.1)$17,106.4 $101.3 $17,207.7 
Three Months Ended March 31, 2024
Common StockAdditional Paid-In CapitalRetained EarningsAccumulated Other Comprehensive LossTotal Intuitive Surgical, Inc. Stockholders’ EquityNoncontrolling Interest in Joint VentureTotal Stockholders’ Equity
SharesAmount
Beginning balance
352.3 $0.4 $8,576.4 $4,743.0 $(12.2)$13,307.6 $89.7 $13,397.3 
Issuance of common stock through employee stock plans3.0 — 180.4 — — 180.4 — 180.4 
Shares withheld related to net share settlement of equity awards(0.6)— (6.6)(220.0)— (226.6)— (226.6)
Share-based compensation expense related to employee stock plans— — 152.8 — — 152.8 — 152.8 
Net income attributable to Intuitive Surgical, Inc.— — — 544.9 — 544.9 — 544.9 
Other comprehensive income (loss)— — — — 3.5 3.5 (0.4)3.1 
Cash dividends declared and payable by joint venture
— — — — — — (8.0)(8.0)
Net income attributable to noncontrolling interest in joint venture— — — — — — 2.5 2.5 
Ending balance
354.7 $0.4 $8,903.0 $5,067.9 $(8.7)$13,962.6 $83.8 $14,046.4 
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, 2025
 Gains on Hedge InstrumentsUnrealized Gains (Losses) on Available-for-Sale SecuritiesForeign Currency Translation LossesEmployee Benefit PlansTotal
Beginning balance$11.0 $(14.6)$(33.1)$(14.6)$(51.3)
Other comprehensive income (loss) before reclassifications(16.0)29.1 5.4 — 18.5 
Amounts reclassified from accumulated other comprehensive income5.6 — — 0.1 5.7 
Net current-period other comprehensive income (loss)(10.4)29.1 5.4 0.1 24.2 
Ending balance$0.6 $14.5 $(27.7)$(14.5)$(27.1)
 Three Months Ended March 31, 2024
 Gains (Losses) on Hedge InstrumentsUnrealized Losses on Available-for-Sale SecuritiesForeign Currency Translation GainsEmployee Benefit PlansTotal
Beginning balance$(2.5)$(29.7)$19.4 $0.6 $(12.2)
Other comprehensive income (loss) before reclassifications4.1 (4.3)2.2 — 2.0 
Amounts reclassified from accumulated other comprehensive income (loss)1.5 0.1 — (0.1)1.5 
Net current-period other comprehensive income (loss)5.6 (4.2)2.2 (0.1)3.5 
Ending balance$3.1 $(33.9)$21.6 $0.5 $(8.7)