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SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Edwards Lifesciences conducts operations worldwide and is managed in the following geographical regions: United States, Europe, Japan, and Rest of World. All regions sell products that are used to treat advanced cardiovascular disease.

The Company's geographic segments are reported based on the financial information provided to the Chief Operating Decision Maker (the Chief Executive Officer). The Company evaluates the performance of its geographic segments based on net sales and operating income. The accounting policies of the segments are the same as those described in Note 2. Segment net sales and segment operating income are based on internally derived foreign exchange rates and do not include inter-segment profits. Because of the interdependence of the reportable segments, the operating profit as presented may not be representative of the geographical distribution that would occur if the segments were not interdependent. Net sales by geographic area are based on the location of the customer. There were no customers that represented 10% or more of the Company's total net sales.
Certain items are maintained at the corporate level and are not allocated to the segments. The non-allocated items include net interest income, global marketing expenses, corporate research and development expenses, manufacturing variances, corporate headquarters costs, special gains and charges, stock-based compensation, foreign currency hedging activities, certain litigation costs, changes in the fair value of contingent consideration liabilities, and most of the Company's amortization expense. Although most of the Company's depreciation expense is included in segment operating income, due to the Company's methodology for cost build-up, it is impractical to determine the amount of depreciation expense included in each segment, and, therefore, a portion is maintained at the corporate level. The Company neither discretely allocates assets to its operating segments, nor evaluates the operating segments using discrete asset information.

The table below presents information about Edwards Lifesciences' reportable segments (in millions):
 Years Ended December 31,
 202220212020
Segment Net Sales   
United States$3,132.6 $2,963.1 $2,516.8 
Europe1,213.7 1,099.6 945.2 
Japan559.3 528.0 448.6 
Rest of World610.7 533.2 451.5 
Total segment net sales$5,516.3 $5,123.9 $4,362.1 
Segment Operating Income  
United States$2,130.9 $2,051.0 $1,727.3 
Europe652.2 569.1 479.3 
Japan376.7 348.0 286.4 
Rest of World247.7 185.2 150.1 
Total segment operating income$3,407.5 $3,153.3 $2,643.1 

The table below presents reconciliations of segment net sales to consolidated net sales and segment operating income to consolidated pre-tax income (in millions):
 Years Ended December 31,
 202220212020
Net Sales Reconciliation   
Segment net sales$5,516.3 $5,123.9 $4,362.1 
Foreign currency(133.9)108.6 24.2 
Consolidated net sales$5,382.4 $5,232.5 $4,386.3 
Pre-tax Income Reconciliation  
Segment operating income$3,407.5 $3,153.3 $2,643.1 
Unallocated amounts:
Corporate items(1,714.1)(1,613.8)(1,358.0)
Special charge(60.7)— — 
Intellectual property litigation expenses, net(15.8)(20.6)(405.4)
Change in fair value of contingent consideration liabilities, net35.8 124.1 (13.6)
Foreign currency95.8 47.3 31.5 
Consolidated operating income1,748.5 1,690.3 897.6 
Non-operating income18.9 11.7 19.1 
Consolidated pre-tax income$1,767.4 $1,702.0 $916.7 
Enterprise-Wide Information
(in millions)

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

 As of or for the Years Ended December 31,
 202220212020
Net Sales by Geographic Area   
United States$3,132.6 $2,963.1 $2,516.8 
Europe1,174.8 1,190.3 973.6 
Japan473.6 528.9 460.1 
Rest of World601.4 550.2 435.8 
$5,382.4 $5,232.5 $4,386.3 
Net Sales by Major Product Area  
Transcatheter Aortic Valve Replacement$3,518.2 $3,422.5 $2,857.3 
Transcatheter Mitral and Tricuspid Therapies116.1 86.0 41.8 
Surgical Structural Heart893.1 889.1 761.8 
Critical Care855.0 834.9 725.4 
$5,382.4 $5,232.5 $4,386.3 
Long-lived Tangible Assets by Geographic Area   
United States$1,188.5 $1,195.8 $1,084.3 
Europe191.8197.9192.7
Japan13.219.720.4
Rest of World331.6335.5311.0
$1,725.1 $1,748.9 $1,608.4