Company: ISRG
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0001035267-25-000192
Chunk: 8

Company: INTUITIVE SURGICAL INC
Filing Date: 2025-07-23
Form: 10-Q
Item: Item 1
Chunk 8
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al 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 June 30, 2025AmortizedCostFairValueMature in less than one year$2,207.5 $2,207.7 Mature in one to five years4,177.9 4,206.0 Total$6,385.4 $6,413.7 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 June 30, 2025Unrealized losses less than 12 monthsUnrealized losses 12 months or greaterTotalFairValueUnrealizedLossesFairValueUnrealizedLossesFairValueUnrealizedLossesU.S. treasuries$1,779.3 $(4.3)$101.9 $(2.0)$1,881.2 $(6.3)Corporate debt securities7.0 — 82.4 (1.9)89.4 (1.9)U.S. government agencies37.2 (0.1)15.4 (0.4)52.6 (0.5)Municipal securities— — 1.4 — 1.4 — Total$1,823.5 $(4.4)$201.1 $(4.3)$2,024.6 $(8.7)As of December 31, 2024Unrealized losses less than 12 monthsUnrealized losses 12 months or greaterTotalFairValueUnrealizedLoss