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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 2,685.6 $ 3,045.2
Short-term investments (Note 5) 1,156.4 930.7
Accounts receivable, net of allowances of $12.6 and $11.6, respectively 693.3 609.1
Other receivables 199.5 118.3
Inventories (Note 2) 1,140.9 1,086.7
Prepaid expenses 125.2 121.0
Other current assets 323.4 347.6
Current assets of discontinued operations (Note 4) 34.6 26.8
Total current assets 6,358.9 6,285.4
Long-term investments (Note 5) 274.7 307.9
Property, plant, and equipment, net 1,743.3 1,686.0
Operating lease right-of-use assets 96.5 98.2
Goodwill 1,768.5 1,776.7
Other intangible assets, net 1,130.8 1,176.6
Deferred income taxes 1,099.9 992.1
Other assets (Note 2) 784.8 721.6
Non-current assets of discontinued operations (Note 4) 14.8 10.8
Total assets 13,272.2 13,055.3
Current liabilities    
Accounts payable 165.0 197.4
Accrued and other liabilities (Note 2) 1,393.9 1,282.4
Operating lease liabilities 26.8 23.4
Current liabilities of discontinued operations (Note 4) 2.3 2.0
Total current liabilities 1,588.0 1,505.2
Long-term debt 598.2 597.7
Operating lease liabilities 75.3 78.9
Uncertain tax positions 442.9 384.6
Other liabilities 362.6 426.0
Non-current liabilities of discontinued operations (Note 4) 0.2 0.0
Total liabilities 3,067.2 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, 658.2 and 654.8 shares issued, and 580.7 and 588.6 shares outstanding, respectively 658.2 654.8
Additional paid-in capital 2,697.4 2,613.4
Retained earnings 14,149.3 13,167.0
Accumulated other comprehensive loss (Note 12) (250.4) (244.5)
Treasury stock, at cost, 77.5 and 66.2 shares, respectively (7,049.5) (6,192.3)
Total Edwards Lifesciences Corporation stockholders' equity 10,205.0 9,998.4
Noncontrolling interest 0.0 64.5
Total stockholders' equity 10,205.0 10,062.9
Total liabilities and equity $ 13,272.2 $ 13,055.3