Company: ISRG
Filing Date: 2025-01-31
Form Type: 10-K
Source: 0001035267-25-000017
Chunk: 161

Company: INTUITIVE SURGICAL INC
Filing Date: 2025-01-31
Form: 10-K
Item: Item 8
Chunk 161
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 market funds2,223.9 — — — 2,223.9 2,223.9 — — U.S. treasuries2,850.2 20.1 (25.4)— 2,844.9 — 1,276.0 1,568.9 Subtotal5,074.1 20.1 (25.4)— 5,068.8 2,223.9 1,276.0 1,568.9 Level 2:Corporate debt securities1,300.4 — (25.8)(1.1)1,273.5 — 974.6 298.9 U.S. government agencies402.6 2.0 (7.3)— 397.3 — 149.5 247.8 Municipal securities79.4 — (2.0)— 77.4 — 73.0 4.4 Subtotal1,782.4 2.0 (35.1)(1.1)1,748.2 — 1,197.1 551.1 Total assets measured at fair value$7,382.7 $22.1 $(60.5)$(1.1)$7,343.2 $2,750.1 $2,473.1 $2,120.0 The following table summarizes the contractual maturities of the Company’s cash equivalents and available-for-sale debt securities (excluding money market funds), as of December 31, 2024 (in millions):AmortizedCostFairValueMature in less than one year$2,017.8 $2,017.8 Mature in one to five years4,838.1 4,819.1 Total$6,855.9 $6,836.9 

103

Actual maturities may differ from contractual maturities, because certain borrowers have the right to call or prepay certain obligations. Gross realized gains and losses recognized on the sale of investments were immaterial for the years ended December 31, 2024, and 2023.The following tables present the breakdown of the available-for-sale debt securities with unrealized losses as of December 31, 2024, and 2023 (in millions): Unrealized loss