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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 3,272.8 $ 3,045.2
Short-term investments (Note 5) 789.4 930.7
Accounts receivable, net of allowances of $12.7 and $11.6, respectively 697.0 609.1
Other receivables 205.6 118.3
Inventories (Note 2) 1,141.7 1,086.7
Prepaid expenses 110.0 121.0
Other current assets 314.4 347.6
Current assets of discontinued operations (Note 4) 46.3 26.8
Total current assets 6,577.2 6,285.4
Long-term investments (Note 5) 298.5 307.9
Property, plant, and equipment, net 1,726.6 1,686.0
Operating lease right-of-use assets 99.0 98.2
Goodwill 1,776.7 1,776.7
Other intangible assets, net 1,172.8 1,176.6
Deferred income taxes 1,082.1 992.1
Other assets (Note 2) 743.0 721.6
Non-current assets of discontinued operations (Note 4) 12.8 10.8
Total assets 13,488.7 13,055.3
Current liabilities    
Accounts payable 162.1 197.4
Accrued and other liabilities (Note 2) 1,214.4 1,282.4
Operating lease liabilities 25.9 23.4
Current liabilities of discontinued operations (Note 4) 2.3 2.0
Total current liabilities 1,404.7 1,505.2
Long-term debt 598.0 597.7
Operating lease liabilities 78.7 78.9
Uncertain tax positions 421.6 384.6
Other liabilities 379.2 426.0
Total liabilities 2,882.2 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, 657.6 and 654.8 shares issued, and 587.9 and 588.6 shares outstanding, respectively 657.6 654.8
Additional paid-in capital 2,750.0 2,613.4
Retained earnings 13,858.2 13,167.0
Accumulated other comprehensive loss (Note 12) (264.1) (244.5)
Treasury stock, at cost, 69.7 and 66.2 shares, respectively (6,456.4) (6,192.3)
Total Edwards Lifesciences Corporation stockholders' equity 10,545.3 9,998.4
Noncontrolling interest 61.2 64.5
Total stockholders' equity 10,606.5 10,062.9
Total liabilities and equity $ 13,488.7 $ 13,055.3