Company: ISRG
Filing Date: 2025-10-22
Form Type: 10-Q
Source: 0001035267-25-000209
Chunk: 7

Company: INTUITIVE SURGICAL INC
Filing Date: 2025-10-22
Form: 10-Q
Item: Item 1
Chunk 7
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 accounting policies discussed in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, that are of significance, or potential significance, to the Company.

NOTE 3.    FINANCIAL INSTRUMENTS

Cash, Cash Equivalents, and InvestmentsThe following tables summarize the Company’s cash and available-for-sale debt securities’ amortized cost, gross unrealized gains, gross unrealized losses, allowance for credit loss, and fair value by significant investment category reported as cash and cash equivalents, short-term investments, or long-term investments (in millions):As of September 30, 2025Reported as:AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesAllowance for Credit LossFairValueCash andCashEquivalentsShort-termInvestmentsLong-termInvestmentsCash$572.7 $— $— $— $572.7 $572.7 $— $— Level 1:Money market funds1,861.2 — — — 1,861.2 1,861.2 — — U.S. treasuries5,510.1 37.1 (3.0)— 5,544.2 372.7 1,923.0 3,248.5 Subtotal7,371.3 37.1 (3.0)— 7,405.4 2,233.9 1,923.0 3,248.5 Level 2:Corporate debt securities89.2 — (1.2)(0.1)87.9 — 73.3 14.6 U.S. government agencies362.9 2.4 (0.2)— 365.1 — 104.5 260.6 Municipal securities1.4 — — — 1.4 — 1.4 — Subtotal453.5 2.4 (1.4)(0.1)454.4 — 179.2 275.2 Total assets measured at fair value$8,397.5 $39.5 $(4.4)$(0.1)$8,432.5 $2,806.6 $2,102.2 $3,523.7 

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