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SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2021

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,
			2021						2020						2021						2020
Segment Net Sales
United States			$	795.7					$	516.2					$	1,470.4					$	1,183.6
Europe			281.8						206.9						537.2						454.4
Japan			130.7						105.3						258.4						215.1
Rest of World			133.0						103.8						257.5						208.2
Total segment net sales			$	1,341.2					$	932.2					$	2,523.5					$	2,061.3
Segment Operating Income
United States			$	550.6					$	345.4					$	1,016.7					$	810.2
Europe			152.6						104.0						285.9						232.0
Japan			87.0						69.0						174.6						140.7
Rest of World			48.4						34.7						95.7						69.6
Total segment operating income			$	838.6					$	553.1					$	1,572.9					$	1,252.5

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,
			2021						2020						2021						2020
Net Sales Reconciliation
Segment net sales			$	1,341.2					$	932.2					$	2,523.5					$	2,061.3
Foreign currency			34.8						(7.2)						69.1						(7.6)
Consolidated net sales			$	1,376.0					$	925.0					$	2,592.6					$	2,053.7
Pre-tax Income Reconciliation
Segment operating income			$	838.6					$	553.1					$	1,572.9					$	1,252.5
Unallocated amounts:
Corporate items			(407.4)						(333.0)						(765.1)						(673.7)
Intellectual property litigation expenses, net			(2.4)						(379.9)						(8.8)						(392.4)
Change in fair value of contingent consideration liabilities			102.6						(19.6)						107.1						(17.4)
Foreign currency			10.7						9.7						19.5						19.4
Consolidated operating income (loss)			542.1						(169.7)						925.6						188.4
Non-operating income			3.4						1.5						9.2						7.9
Consolidated pre-tax income (loss)			$	545.5					$	(168.2)					$	934.8					$	196.3

Enterprise-Wide Information

The following enterprise-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,
			2021						2020						2021						2020
Net Sales by Geographic Area
United States			$	795.7					$	516.2					$	1,470.4					$	1,183.6
Europe			309.8						204.7						589.8						454.0
Japan			131.8						106.8						264.1						216.8
Rest of World			138.7						97.3						268.3						199.3
			$	1,376.0					$	925.0					$	2,592.6					$	2,053.7
Net Sales by Major Product Area
Transcatheter Aortic Valve Replacement			$	901.5					$	594.3					$	1,693.2					$	1,336.5
Transcatheter Mitral and Tricuspid Therapies			22.1						6.1						38.4						16.6
Surgical Structural Heart			237.4						160.9						450.4						354.3
Critical Care			215.0						163.7						410.6						346.3
			$	1,376.0					$	925.0					$	2,592.6					$	2,053.7

			June 30, 2021						December 31, 2020
Long-lived Tangible Assets by Geographic Area
United States			$	1,092.3					$	1,084.3
Europe			209.5						192.7
Japan			15.8						20.4
Rest of World			316.6						311.0
			$	1,634.2					$	1,608.4

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