INTUITIVE SURGICAL INC
For the period ended Dec 31, 2023. Filed Jan 31, 2024.
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FY2023 · Filed Jan 31, 2024
ISRG$450.04-2.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, , and
CONSOLIDATED BALANCE SHEETS
(IN MILLIONS, EXCEPT PAR VALUE AMOUNTS)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $2,750.1 | $1,581.2 |
| Short-term investments | 2,473.1 | 2,536.7 |
| Accounts receivable, net of allowances of $27.1 and $22.4 as of December 31, 2023, and 2022, respectively | 1,130.2 | 942.1 |
| Inventory | 1,220.6 | 893.2 |
| Prepaids and other current assets | 314.0 | 299.8 |
| Total current assets | 7,888.0 | 6,253.0 |
| Property, plant, and equipment, net | 3,537.6 | 2,374.2 |
| Long-term investments | 2,120.0 | 2,623.6 |
| Deferred tax assets | 910.5 | 664.6 |
| Intangible and other assets, net | 636.7 | 710.1 |
| Goodwill | 348.7 | 348.5 |
| Total assets | $15,441.5 | $12,974.0 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $188.7 | $147.0 |
| Accrued compensation and employee benefits | 436.4 | 401.6 |
| Deferred revenue | 446.1 | 397.3 |
| Other accrued liabilities | 587.5 | 476.2 |
| Total current liabilities | 1,658.7 | 1,422.1 |
| Other long-term liabilities | 385.5 | 439.3 |
| Total liabilities | 2,044.2 | 1,861.4 |
| Commitments and contingencies (Note 8) | ||
| Stockholders’ equity: | ||
| Preferred stock, 2.5 shares authorized, $0.001 par value, issuable in series; zero shares issued and outstanding as of December 31, 2023, and 2022 | — | — |
| Common stock, 600.0 shares authorized, $0.001 par value, 352.3 shares and 350.0 shares issued and outstanding as of December 31, 2023, and 2022, respectively | 0.4 | 0.4 |
| Additional paid-in capital | 8,576.4 | 7,703.9 |
| Retained earnings | 4,743.0 | 3,500.1 |
| Accumulated other comprehensive loss | (12.2) | (162.5) |
| Total Intuitive Surgical, Inc. stockholders’ equity | 13,307.6 | 11,041.9 |
| Noncontrolling interest in joint venture | 89.7 | 70.7 |
| Total stockholders’ equity | 13,397.3 | 11,112.6 |
| Total liabilities and stockholders’ equity | $15,441.5 | $12,974.0 |
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