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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2023

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 March 31,
															2023						2022
Segment Net Sales
United States															$	849.1					$	749.5
Europe															335.4						300.1
Japan															104.3						140.9
Rest of World															165.6						142.3
Total segment net sales															$	1,454.4					$	1,332.8
Segment Operating Income
United States															$	563.4					$	511.5
Europe															181.7						166.6
Japan															63.4						99.5
Rest of World															70.5						59.7
Total segment operating income															$	879.0					$	837.3

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 March 31,
															2023						2022
Net Sales Reconciliation
Segment net sales															$	1,454.4					$	1,332.8
Foreign currency															5.2						8.4
Consolidated net sales															$	1,459.6					$	1,341.2
Pre-tax Income Reconciliation
Segment operating income															$	879.0					$	837.3
Unallocated amounts:
Corporate items															(468.9)						(419.4)
Intellectual property agreement and litigation expenses, net															(43.5)						(7.1)
Change in fair value of contingent consideration liabilities, net															(0.7)						2.9
Foreign currency															22.5						25.1
Consolidated operating income															388.4						438.8
Non-operating income (expense)															10.2						(2.7)
Consolidated pre-tax income															$	398.6					$	436.1

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 March 31,
															2023						2022
Net Sales by Geographic Area
United States															$	849.1					$	749.5
Europe															331.1						311.1
Japan															114.1						135.5
Rest of World															165.3						145.1
															$	1,459.6					$	1,341.2
Net Sales by Major Product Area
Transcatheter Aortic Valve Replacement															$	947.9					$	881.3
Transcatheter Mitral and Tricuspid Therapies															41.6						27.0
Surgical Structural Heart															248.2						220.8
Critical Care															221.9						212.1
															$	1,459.6					$	1,341.2

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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