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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and Cash Equivalents $ 1,167.6 $ 857.9
Short-term investments 2,054.1 2,205.2
Accounts receivable, net of allowances of $8.3 and $8.2 as of December 31, 2019, and 2018, respectively 645.2 682.3
Inventory 595.5 409.0
Prepaids and other current assets 200.2 178.8
Total current assets 4,662.6 4,333.2
Property, plant, and equipment, net 1,272.9 812.0
Long-term investments 2,623.5 1,771.3
Deferred tax assets 425.6 428.6
Intangible and other assets, net 441.4 261.0
Goodwill 307.2 240.6
Total assets 9,733.2 7,846.7
Current liabilities:    
Accounts payable 123.5 100.7
Accrued compensation and employee benefits 251.6 193.8
Deferred revenue 337.8 294.3
Other accrued liabilities 317.3 231.8
Total current liabilities 1,030.2 820.6
Other long-term liabilities 418.3 338.6
Total liabilities 1,448.5 1,159.2
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock, 2.5 shares authorized, $0.001 par value, issuable in series; no shares issued and outstanding as of December 31, 2019, and 2018 0.0 0.0
Common stock, 300.0 shares authorized, $0.001 par value, 116.0 shares and 114.5 shares issued and outstanding as of December 31, 2019, and 2018, respectively 0.1 0.1
Additional paid-in capital 5,756.8 5,170.3
Retained earnings 2,494.5 1,521.7
Accumulated other comprehensive income/(loss) 12.4 (13.3)
Total Intuitive Surgical, Inc. stockholders’ equity 8,263.8 6,678.8
Noncontrolling interest in joint venture 20.9 8.7
Total stockholders’ equity 8,284.7 6,687.5
Total liabilities and stockholders’ equity $ 9,733.2 $ 7,846.7