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SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2020

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    June 30,								Six Months Ended    June 30,
	2020				2019				2020				2019
Segment Net Sales
United States	$	516.2			$	624.9			$	1,183.6			$	1,187.7
Europe	206.9				237.2				454.4				464.5
Japan	105.3				113.7				215.1				212.9
Rest of World	103.8				107.7				208.2				204.5
Total segment net sales	$	932.2			$	1,083.5			$	2,061.3			$	2,069.6
Segment Operating Income
United States	$	345.4			$	427.6			$	810.2			$	810.9
Europe	104.0				122.3				232.0				241.7
Japan	69.0				71.1				140.7				132.1
Rest of World	34.7				32.3				69.6				63.1
Total segment operating income	$	553.1			$	653.3			$	1,252.5			$	1,247.8

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    June 30,								Six Months Ended    June 30,
	2020				2019				2020				2019
Net Sales Reconciliation
Segment net sales	$	932.2			$	1,083.5			$	2,061.3			$	2,069.6
Foreign currency	(7.2		)		3.4				(7.6		)		10.3
Consolidated net sales	$	925.0			$	1,086.9			$	2,053.7			$	2,079.9
Pre-tax Income Reconciliation
Segment operating income	$	553.1			$	653.3			$	1,252.5			$	1,247.8
Unallocated amounts:
Corporate items	(333.0		)		(389.1		)		(673.7		)		(688.9		)
Special charge (Note 4)	—				—				—				(24.0		)
Intellectual property litigation expenses	(379.9		)		(7.0		)		(392.4		)		(11.6		)
Change in fair value of contingent consideration liabilities, net	(19.6		)		(8.0		)		(17.4		)		(14.7		)
Foreign currency	9.7				18.3				19.4				33.1
Consolidated operating (loss) income	(169.7		)		267.5				188.4				541.7
Non-operating income	1.5				3.8				7.9				7.6
Consolidated pre-tax (loss) income	$	(168.2	)		$	271.3			$	196.3			$	549.3

Enterprise-Wide Information

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

	Three Months Ended    June 30,								Six Months Ended    June 30,
	2020				2019				2020				2019
	(in millions)
Net Sales by Geographic Area
United States	$	516.2			$	624.9			$	1,183.6			$	1,187.7
Europe	204.7				241.7				454.0				476.4
Japan	106.8				113.1				216.8				211.5
Rest of World	97.3				107.2				199.3				204.3
	$	925.0			$	1,086.9			$	2,053.7			$	2,079.9
Net Sales by Major Product and Service Area
Transcatheter Aortic Valve Replacement	$	594.3			$	677.7			$	1,336.5			$	1,275.4
Transcatheter Mitral and Tricuspid Therapies	6.1				7.0				16.6				11.3
Surgical Structural Heart	160.9				217.8				354.3				432.5
Critical Care	163.7				184.4				346.3				360.7
	$	925.0			$	1,086.9			$	2,053.7			$	2,079.9

	June 30, 2020				December 31, 2019
	(in millions)
Long-lived Tangible Assets by Geographic Area
United States	$	991.1			$	849.1
Europe	141.9				101.5
Japan	20.1				21.7
Rest of World	280.5				269.4
	$	1,433.6			$	1,241.7

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