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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 3,140.6 $ 3,045.2
Short-term investments (Note 5) 757.9 930.7
Accounts receivable, net of allowances of $12.6 and $11.6, respectively 669.2 609.1
Other receivables 82.7 118.3
Inventories (Note 2) 1,113.9 1,086.7
Prepaid expenses 111.3 121.0
Other current assets 304.5 347.6
Current assets of discontinued operations (Note 4) 32.6 26.8
Total current assets 6,212.7 6,285.4
Long-term investments (Note 5) 277.9 307.9
Property, plant, and equipment, net 1,698.3 1,686.0
Operating lease right-of-use assets 96.9 98.2
Goodwill 1,778.7 1,776.7
Other intangible assets, net 1,174.9 1,176.6
Deferred income taxes 1,027.8 992.1
Other assets (Note 2) 742.7 721.6
Non-current assets of discontinued operations (Note 4) 12.4 10.8
Total assets 13,022.3 13,055.3
Current liabilities    
Accounts payable 172.4 197.4
Accrued and other liabilities (Note 2) 1,196.4 1,282.4
Operating lease liabilities 23.7 23.4
Current liabilities of discontinued operations (Note 4) 2.3 2.0
Total current liabilities 1,394.8 1,505.2
Long-term debt 597.8 597.7
Operating lease liabilities 77.9 78.9
Uncertain tax positions 402.6 384.6
Other liabilities 357.6 426.0
Total liabilities 2,830.7 2,992.4
Commitments and contingencies (Note 11)
Stockholders' equity    
Preferred stock, $0.01 par value, authorized 50.0 shares, no shares outstanding           0.0 0.0
Common stock, $1.00 par value, 1,050.0 shares authorized, 655.9 and 654.8 shares issued, and 586.2 and 588.6 shares outstanding, respectively 655.9 654.8
Additional paid-in capital 2,653.2 2,613.4
Retained earnings 13,525.0 13,167.0
Accumulated other comprehensive loss (Note 12) (254.5) (244.5)
Treasury stock, at cost, 69.7 and 66.2 shares, respectively (6,450.9) (6,192.3)
Total Edwards Lifesciences Corporation stockholders' equity 10,128.7 9,998.4
Noncontrolling interest 62.9 64.5
Total stockholders' equity 10,191.6 10,062.9
Total liabilities and equity $ 13,022.3 $ 13,055.3