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REVENUE AND CONTRACT ACQUISITION COSTS (Tables)
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Disaggregated by Types and Geography The following table presents revenue disaggregated by geography and type (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
U.S.2025202420252024
Instruments and accessories$1,062.0 $904.8 $3,043.1 $2,618.6 
Systems397.5 265.4 1,087.4 702.2 
Service
258.1 209.2 754.7 616.3 
Total U.S. revenue
$1,717.6 $1,379.4 $4,885.2 $3,937.1 
Outside of the U.S. (“OUS”)
Instruments and accessories$456.8 $359.4 $1,317.5 $1,048.9 
Systems192.9 179.6 600.4 609.2 
Service
137.8 119.7 395.4 343.4 
Total OUS revenue
$787.5 $658.7 $2,313.3 $2,001.5 
Total
Instruments and accessories$1,518.8 $1,264.2 $4,360.6 $3,667.5 
Systems590.4 445.0 1,687.8 1,311.4 
Service
395.9 328.9 1,150.1 959.7 
Total revenue
$2,505.1 $2,038.1 $7,198.5 $5,938.6 
Summary of Contract Assets and Liabilities
The following information summarizes the Company’s contract assets and liabilities (in millions):
As of
 September 30, 2025December 31, 2024
Contract assets$18.2 $13.9 
Deferred revenue$570.5 $522.9 
Sales-type Lease Revenue
The following table presents product revenue from Intuitive System Leasing arrangements (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Sales-type lease revenue$30.9 $30.2 $72.5 $88.6 
Operating lease revenue*$223.0 $167.8 $632.0 $472.7 
*Variable lease revenue within operating lease revenue
$138.3 $87.0 $380.0 $237.1 
Operating Lease Revenue
The following table presents product revenue from Intuitive System Leasing arrangements (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Sales-type lease revenue$30.9 $30.2 $72.5 $88.6 
Operating lease revenue*$223.0 $167.8 $632.0 $472.7 
*Variable lease revenue within operating lease revenue
$138.3 $87.0 $380.0 $237.1