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SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 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 September 30,												Nine Months Ended September 30,
			2022						2021						2022						2021
Segment Net Sales
United States			$	786.8					$	753.3					$	2,337.1					$	2,223.7
Europe			291.9						268.9						901.8						806.1
Japan			130.9						126.2						416.9						384.6
Rest of World			160.9						136.1						449.1						393.6
Total segment net sales			$	1,370.5					$	1,284.5					$	4,104.9					$	3,808.0
Segment Operating Income
United States			$	535.0					$	527.4					$	1,596.0					$	1,544.1
Europe			156.0						140.6						487.1						426.5
Japan			87.3						83.7						282.7						258.3
Rest of World			63.7						49.5						178.0						145.2
Total segment operating income			$	842.0					$	801.2					$	2,543.8					$	2,374.1

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,
			2022						2021						2022						2021
Net Sales Reconciliation
Segment net sales			$	1,370.5					$	1,284.5					$	4,104.9					$	3,808.0
Foreign currency			(51.5)						25.7						(70.8)						94.8
Consolidated net sales			$	1,319.0					$	1,310.2					$	4,034.1					$	3,902.8
Pre-tax Income Reconciliation
Segment operating income			$	842.0					$	801.2					$	2,543.8					$	2,374.1
Unallocated amounts:
Corporate items			(415.6)						(413.6)						(1,285.4)						(1,178.7)
Special charge (Note 3)			(66.8)						—						(66.8)						—
Intellectual property litigation income (expenses), net			2.4						(4.7)						(10.8)						(13.5)
Change in fair value of contingent consideration liabilities, net			12.5						(1.1)						36.3						106.0
Foreign currency			27.9						8.5						83.6						28.0
Consolidated operating income			402.4						390.3						1,300.7						1,315.9
Non-operating (expense) income			4.9						0.6						7.4						9.8
Consolidated pre-tax income			$	407.3					$	390.9					$	1,308.1					$	1,325.7

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 September 30,												Nine Months Ended September 30,
			2022						2021						2022						2021
Net Sales by Geographic Area
United States			$	786.8					$	753.2					$	2,337.1					$	2,223.6
Europe			270.1						291.1						884.0						880.9
Japan			104.1						125.9						362.5						390.0
Rest of World			158.0						140.0						450.5						408.3
			$	1,319.0					$	1,310.2					$	4,034.1					$	3,902.8
Net Sales by Major Product Area
Transcatheter Aortic Valve Replacement			$	862.3					$	857.8					$	2,650.5					$	2,551.0
Transcatheter Mitral and Tricuspid Therapies			29.7						22.3						84.6						60.7
Surgical Structural Heart			219.7						217.4						669.0						667.8
Critical Care			207.3						212.7						630.0						623.3
			$	1,319.0					$	1,310.2					$	4,034.1					$	3,902.8

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