Company: ISRG
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0001035267-25-000192
Chunk: 12

Company: INTUITIVE SURGICAL INC
Filing Date: 2025-07-23
Form: 10-Q
Item: Item 1
Chunk 12
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Prepaids and other current assets$3.1 $14.9 $3.6 $13.0 Other accrued liabilities$20.3 $2.1 $13.3 $2.4 

NOTE 4.    BALANCE SHEET DETAILS AND OTHER FINANCIAL INFORMATION

Balance Sheet DetailsThe following tables provide details of selected Condensed Consolidated Balance Sheet line items (in millions):

 As ofAccounts receivable, netJune 30,2025December 31,2024Trade accounts receivable, net$1,132.0 $1,117.2 Unbilled accounts receivable and other160.1 138.7 Sales returns and allowances(22.9)(30.5)Total accounts receivable, net$1,269.2 $1,225.4 

As ofInventoryJune 30,2025December 31,2024Raw materials$525.4 $563.9 Work-in-process230.8 205.7 Finished goods910.8 717.6 Total inventory$1,667.0 $1,487.2 

10

As ofPrepaids and other current assetsJune 30,2025December 31,2024Net investment in sales-type leases – short-term$125.0 $131.4 Other prepaids and other current assets358.2 253.7 Total prepaids and other current assets$483.2 $385.1 

As ofOther accrued liabilities – short-termJune 30,2025December 31,2024Income and other taxes payable$93.7 $154.4 Accrued construction-related capital expenditures55.7 57.2 Other accrued liabilities355.7 335.9 Total other accrued liabilities – short-term$505.1 $547.5 

As ofOther long-term liabilitiesJune 30,2025December 31,2024Income taxes – long-term$249.9 $239.0 Deferred revenue – long-term71.8 54.1 Other long-term liabilities195.8 175.2 Total other long-term liabilities$517.5 $468.3 

Supplemental Cash Flow InformationThe following table provides supplemental non-cash investing and financing activities (in millions):Six Months Ended June 30,20252024Equipment transfers, including