Company: ISRG
Filing Date: 2025-04-23
Form Type: 10-Q
Source: 0001035267-25-000109
Chunk: 7

Company: INTUITIVE SURGICAL INC
Filing Date: 2025-04-23
Form: 10-Q
Item: Item 1
Chunk 7
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— — — 1,516.1 1,516.1 — — U.S. treasuries6,011.5 13.2 (27.5)— 5,997.2 31.9 1,637.4 4,327.9 Subtotal7,527.6 13.2 (27.5)— 7,513.3 1,548.0 1,637.4 4,327.9 Level 2:Corporate debt securities287.5 0.1 (3.7)(0.1)283.8 — 189.7 94.1 U.S. government agencies552.2 1.5 (2.4)— 551.3 — 154.2 397.1 Municipal securities4.7 — (0.1)— 4.6 — 4.6 — Subtotal844.4 1.6 (6.2)(0.1)839.7 — 348.5 491.2 Total assets measured at fair value$8,851.4 $14.8 $(33.7)$(0.1)$8,832.4 $2,027.4 $1,985.9 $4,819.1 The following table summarizes the contractual maturities of the Company’s cash equivalents and available-for-sale debt securities, excluding money market funds (in millions):As of March 31, 2025AmortizedCostFairValueMature in less than one year$2,148.1 $2,147.2 Mature in one to five years4,570.4 4,589.9 Total$6,718.5 $6,737.1 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 periods presented.The following tables present the breakdown of the available-for-sale debt securities with unrealized losses (in millions):As of March 31, 2025Unrealized losses less than 12 monthsUnrealized losses 12 months or greaterTotalFairValueUnrealizedLossesFairValueUnrealizedLossesFairValueUnrealizedLossesU.S.