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SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of Information about Reportable Segments and Reconciliation of Segment Net Sales and 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,
			2022						2021						2022						2021
Segment Net Sales
United States			$	800.8					$	795.7					$	1,550.3					$	1,470.4
Europe			309.8						281.8						609.9						537.2
Japan			145.1						130.7						286.0						258.4
Rest of World			145.9						133.0						288.2						257.5
Total segment net sales			$	1,401.6					$	1,341.2					$	2,734.4					$	2,523.5
Segment Operating Income
United States			$	549.5					$	550.6					$	1,061.0					$	1,016.7
Europe			164.5						152.6						331.1						285.9
Japan			95.9						87.0						195.4						174.6
Rest of World			54.6						48.4						114.3						95.7
Total segment operating income			$	864.5					$	838.6					$	1,701.8					$	1,572.9

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 June 30,												Six Months Ended June 30,
			2022						2021						2022						2021
Net Sales Reconciliation
Segment net sales			$	1,401.6					$	1,341.2					$	2,734.4					$	2,523.5
Foreign currency			(27.7)						34.8						(19.3)						69.1
Consolidated net sales			$	1,373.9					$	1,376.0					$	2,715.1					$	2,592.6
Pre-tax Income Reconciliation
Segment operating income			$	864.5					$	838.6					$	1,701.8					$	1,572.9
Unallocated amounts:
Corporate items			(450.4)						(407.4)						(869.8)						(765.1)
Intellectual property litigation expenses, net			(6.1)						(2.4)						(13.2)						(8.8)
Change in fair value of contingent consideration liabilities, net			20.9						102.6						23.8						107.1
Foreign currency			30.6						10.7						55.7						19.5
Consolidated operating income			459.5						542.1						898.3						925.6
Non-operating (expense) income			5.2						3.4						2.5						9.2
Consolidated pre-tax income			$	464.7					$	545.5					$	900.8					$	934.8

Schedule of 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,
			2022						2021						2022						2021
Net Sales by Geographic Area
United States			$	800.8					$	795.7					$	1,550.3					$	1,470.4
Europe			302.8						309.8						613.9						589.8
Japan			122.9						131.8						258.4						264.1
Rest of World			147.4						138.7						292.5						268.3
			$	1,373.9					$	1,376.0					$	2,715.1					$	2,592.6
Net Sales by Major Product Area
Transcatheter Aortic Valve Replacement			$	906.9					$	901.5					$	1,788.2					$	1,693.2
Transcatheter Mitral and Tricuspid Therapies			27.9						22.1						54.9						38.4
Surgical Structural Heart			228.5						237.4						449.3						450.4
Critical Care			210.6						215.0						422.7						410.6
			$	1,373.9					$	1,376.0					$	2,715.1					$	2,592.6

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