SEC Filings

10-K
INTUITIVE SURGICAL INC filed this Form 10-K on 02/02/2018
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INTUITIVE SURGICAL, INC.
CONSOLIDATED BALANCE SHEETS
(IN MILLIONS, EXCEPT PAR VALUE AMOUNTS)


  
December 31,
  
2017
 
2016
ASSETS
 
 
 
Current assets:
 
 
 
Cash and cash equivalents
$
648.2

 
$
1,036.6

Short-term investments
1,312.4

 
1,518.0

Accounts receivable, net of allowances of $4.6 and $1.9 as of December 31, 2017, and 2016, respectively
511.9

 
430.2

Inventory
241.2

 
182.3

Prepaids and other current assets
97.2

 
83.3

Total current assets
2,810.9

 
3,250.4

Property, plant, and equipment, net
613.1

 
458.4

Long-term investments
1,885.9

 
2,283.3

Deferred tax assets
87.3

 
150.9

Intangible and other assets, net
159.7

 
142.8

Goodwill
201.1

 
201.1

Total assets
$
5,758.0

 
$
6,486.9

LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
Current liabilities:
 
 
 
Accounts payable
$
82.5

 
$
68.5

Accrued compensation and employee benefits
167.6

 
136.4

Deferred revenue
284.5

 
240.6

Other accrued liabilities
169.5

 
151.0

Total current liabilities
704.1

 
596.5

Other long-term liabilities
327.1

 
112.6

Total liabilities
1,031.2

 
709.1

Commitments and contingencies (Note 7)


 


Stockholders’ equity:
 
 
 
Preferred stock, 2.5 shares authorized, $0.001 par value, issuable in series; no shares issued and outstanding as of December 31, 2017, and 2016

 

Common stock, 300.0 shares authorized, $0.001 par value, 112.3 shares and 116.4 shares issued and outstanding as of December 31, 2017, and 2016, respectively
0.1

 

Additional paid-in capital
4,679.2

 
4,211.8

Retained earnings
61.4

 
1,574.9

Accumulated other comprehensive loss
(15.5
)
 
(8.9
)
Total Intuitive Surgical, Inc. stockholders’ equity
4,725.2

 
5,777.8

Noncontrolling interest in joint venture
1.6

 

Total stockholders’ equity
4,726.8

 
5,777.8

Total liabilities and stockholders’ equity
$
5,758.0

 
$
6,486.9

See accompanying Notes to Consolidated Financial Statements.

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