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SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Information About Reportable Segments and Reconciliation of Segment Net Sales to Consolidated Net Sales and Segment Pre-Tax Income to Consolidated Pre-Tax Income

The table below presents information about Edwards Lifesciences' reportable segments (in millions):

	Three Months Ended    September 30,								Nine Months Ended    September 30,
	2018				2017				2018				2017
Segment Net Sales
United States	$	518.5			$	470.4			$	1,510.2			$	1,413.9
Europe	191.6				167.8				608.1				614.3
Japan	95.4				84.0				288.4				257.1
Rest of World	96.8				87.1				290.2				261.4
Total segment net sales	$	902.3			$	809.3			$	2,696.9			$	2,546.7
Segment Operating Income
United States	$	353.0			$	303.2			$	1,010.5			$	921.4
Europe	90.9				75.3				295.6				306.9
Japan	55.0				46.4				171.8				145.2
Rest of World	28.3				24.7				89.6				77.4
Total segment operating income	$	527.2			$	449.6			$	1,567.5			$	1,450.9

The table below presents reconciliations of segment net sales to consolidated net sales and segment operating income to consolidated pre-tax income (in millions):

	Three Months Ended    September 30,								Nine Months Ended    September 30,
	2018				2017				2018				2017
Net Sales Reconciliation
Segment net sales	$	902.3			$	809.3			$	2,696.9			$	2,546.7
Foreign currency	4.3				12.2				48.2				0.1
Consolidated net sales	$	906.6			$	821.5			$	2,745.1			$	2,546.8
Pre-tax Income Reconciliation
Segment operating income	$	527.2			$	449.6			$	1,567.5			$	1,450.9
Unallocated amounts:
Corporate items	(274.6		)		(216.6		)		(800.3		)		(658.8		)
Special charges (Note 4)	—				(9.7		)		—				(9.7		)
Intellectual property litigation expenses	(7.9		)		(13.7		)		(19.1		)		(31.6		)
Foreign currency	4.2				4.4				5.4				2.5
Consolidated operating income	248.9				214.0				753.5				753.3
Non-operating (expense) income	(0.2		)		(2.2		)		9.7				(42.3		)
Consolidated pre-tax income	$	248.7			$	211.8			$	763.2			$	711.0

Enterprise-Wide Information

Enterprise-wide information is based on actual foreign exchange rates used in the Company's consolidated condensed financial statements.

	Three Months Ended    September 30,								Nine Months Ended    September 30,
	2018				2017				2018				2017
	(in millions)
Net Sales by Geographic Area
United States	$	518.7			$	470.4			$	1,510.3			$	1,413.9
Europe	201.3				182.3				659.3				627.0
Japan	94.2				83.2				289.5				253.0
Rest of World	92.4				85.6				286.0				252.9
	$	906.6			$	821.5			$	2,745.1			$	2,546.8
Net Sales by Major Product and Service Area
Transcatheter Heart Valve Therapy	$	557.8			$	481.2			$	1,694.3			$	1,507.9
Surgical Heart Valve Therapy	184.6				195.6				554.4				602.2
Critical Care	164.2				144.7				496.4				436.7
	$	906.6			$	821.5			$	2,745.1			$	2,546.8

	September 30, 2018				December 31, 2017
	(in millions)
Long-lived Tangible Assets by Geographic Area
United States	$	617.6			$	608.7
Europe	33.2				28.4
Japan	6.9				7.6
Rest of World	198.9				139.7
	$	856.6			$	784.4

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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