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SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 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 June 30,												Six Months Ended June 30,
			2023						2022						2023						2022
Segment Net Sales
United States			$	895.3					$	800.8					$	1,744.4					$	1,550.3
Europe			336.0						309.8						671.4						609.9
Japan			109.7						145.1						214.0						286.0
Rest of World			182.2						145.9						347.8						288.2
Total segment net sales			$	1,523.2					$	1,401.6					$	2,977.6					$	2,734.4
Segment Operating Income
United States			$	592.4					$	549.5					$	1,155.8					$	1,061.0
Europe			177.7						164.5						359.4						331.1
Japan			63.4						95.9						126.8						195.4
Rest of World			80.1						54.6						150.6						114.3
Total segment operating income			$	913.6					$	864.5					$	1,792.6					$	1,701.8

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,
			2023						2022						2023						2022
Net Sales Reconciliation
Segment net sales			$	1,523.2					$	1,401.6					$	2,977.6					$	2,734.4
Foreign currency			7.0						(27.7)						12.2						(19.3)
Consolidated net sales			$	1,530.2					$	1,373.9					$	2,989.8					$	2,715.1
Pre-tax Income Reconciliation
Segment operating income			$	913.6					$	864.5					$	1,792.6					$	1,701.8
Unallocated amounts:
Corporate items			(492.4)						(450.4)						(961.3)						(869.8)
Intellectual property agreement and litigation expense			(147.9)						(6.1)						(191.4)						(13.2)
Change in fair value of contingent consideration liabilities			26.9						20.9						26.2						23.8
Foreign currency			27.0						30.6						49.5						55.7
Consolidated operating income			327.2						459.5						715.6						898.3
Non-operating income			11.3						5.2						21.5						2.5
Consolidated pre-tax income			$	338.5					$	464.7					$	737.1					$	900.8

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,
			2023						2022						2023						2022
Net Sales by Geographic Region
United States			$	895.3					$	800.8					$	1,744.4					$	1,550.3
Europe			336.2						302.8						667.3						613.9
Japan			117.9						122.9						232.0						258.4
Rest of World			180.8						147.4						346.1						292.5
			$	1,530.2					$	1,373.9					$	2,989.8					$	2,715.1
Net Sales by Major Product Group
Transcatheter Aortic Valve Replacement			$	991.6					$	906.9					$	1,939.5					$	1,788.2
Transcatheter Mitral and Tricuspid Therapies			47.6						27.9						89.2						54.9
Surgical Structural Heart			256.3						228.5						504.5						449.3
Critical Care			234.7						210.6						456.6						422.7
			$	1,530.2					$	1,373.9					$	2,989.8					$	2,715.1

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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.

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