10-Q Filing

EDWARDS LIFESCIENCES CORP CIK: 1099800 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001099800-23-000034`
Period End Date	20230630
Filing Date	20230728
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	ew-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 78 Cash Flow Statement 82 Stockholders Equity 44 Comprehensive Income 42

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.90M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.10M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.04B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$769.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments (Note 4)	`ShortTermInvestments`	$466.70M	USD	Point-in-time
Short-term investments (Note 4)	`ShortTermInvestments`	$446.30M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Accounts receivable, net of allowances of $8.1 and $7.9, respectively	`AccountsReceivableNetCurrent`	$754.40M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Accounts receivable, net of allowances of $8.1 and $7.9, respectively	`AccountsReceivableNetCurrent`	$643.00M	USD	Point-in-time
Other receivables	`OtherReceivables`	$56.10M	USD	Point-in-time
Other receivables	`OtherReceivables`	$62.50M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.05B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.05B	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	646.30M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	649.10M	shares	Point-in-time
Inventories (Note 2)	`InventoryNet`	$980.20M	USD	Point-in-time
Inventories (Note 2)	`InventoryNet`	$875.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	608.30M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	607.90M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$110.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$123.20M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$217.40M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$195.90M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	38.00M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	41.20M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$3.10B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.65B	USD	Point-in-time
Long-term investments (Note 4)	`LongTermInvestments`	$1.24B	USD	Point-in-time
Long-term investments (Note 4)	`LongTermInvestments`	$856.20M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$1.63B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$1.66B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$84.90M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$92.30M	USD	Point-in-time
Goodwill	`Goodwill`	$1.30B	USD	Point-in-time
Goodwill	`Goodwill`	$1.16B	USD	Point-in-time
Other intangible assets, net (Note 6)	`IntangibleAssetsNetExcludingGoodwill`	$431.40M	USD	Point-in-time
Other intangible assets, net (Note 6)	`IntangibleAssetsNetExcludingGoodwill`	$285.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$610.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$484.00M	USD	Point-in-time
Other assets (Note 5)	`OtherAssetsNoncurrent`	$412.10M	USD	Point-in-time
Other assets (Note 5)	`OtherAssetsNoncurrent`	$299.10M	USD	Point-in-time
Total assets	`Assets`	$8.29B	USD	Point-in-time
Total assets	`Assets`	$9.00B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$201.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$193.00M	USD	Point-in-time
Accrued and other liabilities (Note 2)	`AccruedAndOtherLiabilitiesCurrent`	$939.90M	USD	Point-in-time
Accrued and other liabilities (Note 2)	`AccruedAndOtherLiabilitiesCurrent`	$795.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$24.30M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$25.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.16B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.02B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$596.30M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$596.70M	USD	Point-in-time
Contingent consideration liabilities (Note 7)	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	-	USD	Point-in-time
Contingent consideration liabilities (Note 7)	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$26.20M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrentAndNoncurrent`	$81.20M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrentAndNoncurrent`	$143.40M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$69.50M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$63.50M	USD	Point-in-time
Uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$303.70M	USD	Point-in-time
Uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$267.50M	USD	Point-in-time
Litigation settlement accrual (Note 2)	`LitigationReserveNoncurrent`	$112.50M	USD	Point-in-time
Litigation settlement accrual (Note 2)	`LitigationReserveNoncurrent`	$143.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$217.50M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$242.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.56B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.49B	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, authorized 50.0 shares, no shares outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, authorized 50.0 shares, no shares outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $1.00 par value, 1,050.0 shares authorized, 649.1 and 646.3 shares issued, and 607.9 and 608.3 shares outstanding, respectively	`CommonStockValue`	$646.30M	USD	Point-in-time
Common stock, $1.00 par value, 1,050.0 shares authorized, 649.1 and 646.3 shares issued, and 607.9 and 608.3 shares outstanding, respectively	`CommonStockValue`	$649.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.97B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.15B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.24B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.59B	USD	Point-in-time
Accumulated other comprehensive loss (Note 12)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-255.50M	USD	Point-in-time
Accumulated other comprehensive loss (Note 12)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-254.90M	USD	Point-in-time
Treasury stock, at cost, 41.2 and 38.0 shares, respectively	`TreasuryStockCommonValue`	$4.14B	USD	Point-in-time
Treasury stock, at cost, 41.2 and 38.0 shares, respectively	`TreasuryStockCommonValue`	$4.40B	USD	Point-in-time
Total Edwards Lifesciences Corporation stockholders' equity	`StockholdersEquity`	$6.38B	USD	Point-in-time
Total Edwards Lifesciences Corporation stockholders' equity	`StockholdersEquity`	$5.81B	USD	Point-in-time
Noncontrolling interest (Note 6)	`MinorityInterest`	-	USD	Point-in-time
Noncontrolling interest (Note 6)	`MinorityInterest`	$70.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.94B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.81B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.84B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.45B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.84B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.06B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.29B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.00B	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.37B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.53B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.72B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.99B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$269.40M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$672.50M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$343.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$568.70M	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.32B	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.15B	USD	2 Qtrs
Gross profit	`GrossProfit`	$1.10B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.19B	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$468.70M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$905.00M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$409.00M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$779.30M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$250.80M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$270.30M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$531.50M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$479.40M	USD	2 Qtrs
Intellectual property agreement and litigation expense (Note 3)	`LitigationSettlementExpense`	$147.90M	USD	1 Quarter
Intellectual property agreement and litigation expense (Note 3)	`LitigationSettlementExpense`	$191.40M	USD	2 Qtrs
Intellectual property agreement and litigation expense (Note 3)	`LitigationSettlementExpense`	$13.20M	USD	2 Qtrs
Intellectual property agreement and litigation expense (Note 3)	`LitigationSettlementExpense`	$6.10M	USD	1 Quarter
Change in fair value of contingent consideration liabilities (Note 7)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-26.20M	USD	2 Qtrs
Change in fair value of contingent consideration liabilities (Note 7)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-20.90M	USD	1 Quarter
Change in fair value of contingent consideration liabilities (Note 7)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-23.80M	USD	2 Qtrs
Change in fair value of contingent consideration liabilities (Note 7)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-26.90M	USD	1 Quarter
Operating income, net	`OperatingIncomeLoss`	$327.20M	USD	1 Quarter
Operating income, net	`OperatingIncomeLoss`	$459.50M	USD	1 Quarter
Operating income, net	`OperatingIncomeLoss`	$715.60M	USD	2 Qtrs
Operating income, net	`OperatingIncomeLoss`	$898.30M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$1.50M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$17.70M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNet`	$900.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNet`	$9.10M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$4.30M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.20M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$3.80M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$464.70M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$338.50M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$900.80M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$737.10M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$91.10M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$58.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$33.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$120.80M	USD	2 Qtrs
Net income	`ProfitLoss`	$305.50M	USD	1 Quarter
Net income	`ProfitLoss`	$780.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$373.60M	USD	1 Quarter
Net income	`ProfitLoss`	$406.40M	USD	1 Quarter
Net income	`ProfitLoss`	$646.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$340.50M	USD	1 Quarter
Net loss attributable to noncontrolling interest (Note 6)	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to noncontrolling interest (Note 6)	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.60M	USD	1 Quarter
Net loss attributable to noncontrolling interest (Note 6)	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net loss attributable to noncontrolling interest (Note 6)	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.60M	USD	2 Qtrs
Net income attributable to Edwards Lifesciences Corporation	`NetIncomeLoss`	$647.60M	USD	2 Qtrs
Net income attributable to Edwards Lifesciences Corporation	`NetIncomeLoss`	$307.10M	USD	1 Quarter
Net income attributable to Edwards Lifesciences Corporation	`NetIncomeLoss`	$406.40M	USD	1 Quarter
Net income attributable to Edwards Lifesciences Corporation	`NetIncomeLoss`	$780.00M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.07	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.26	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.65	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.24	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.06	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.65	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.50	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	607.20M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	621.50M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	620.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	606.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	610.60M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	628.10M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	626.70M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	610.30M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$780.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$373.60M	USD	1 Quarter
Net income	`ProfitLoss`	$406.40M	USD	1 Quarter
Net income	`ProfitLoss`	$646.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$340.50M	USD	1 Quarter
Net income	`ProfitLoss`	$305.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$71.30M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$68.80M	USD	2 Qtrs
Non-cash operating lease cost	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$13.70M	USD	2 Qtrs
Non-cash operating lease cost	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$13.90M	USD	2 Qtrs
Stock-based compensation (Note 9)	`ShareBasedCompensation`	$76.30M	USD	2 Qtrs
Stock-based compensation (Note 9)	`ShareBasedCompensation`	$68.60M	USD	2 Qtrs
Change in fair value of contingent consideration liabilities (Note 7)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-20.90M	USD	1 Quarter
Change in fair value of contingent consideration liabilities (Note 7)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-23.80M	USD	2 Qtrs
Change in fair value of contingent consideration liabilities (Note 7)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-26.90M	USD	1 Quarter
Change in fair value of contingent consideration liabilities (Note 7)	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-26.20M	USD	2 Qtrs
Loss (gain) on investments, net	`GainLossOnInvestments`	$-38.20M	USD	2 Qtrs
Loss (gain) on investments, net	`GainLossOnInvestments`	$3.50M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$102.40M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$134.70M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.80M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-4.20M	USD	2 Qtrs
Accounts and other receivables, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$124.30M	USD	2 Qtrs
Accounts and other receivables, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$77.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$113.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$85.80M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$76.20M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-81.70M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$31.00M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$49.70M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$43.40M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-25.70M	USD	2 Qtrs
Intellectual property agreement accrual	`IncreaseDecreaseInLegalSettlementAccrual`	$-14.50M	USD	2 Qtrs
Intellectual property agreement accrual	`IncreaseDecreaseInLegalSettlementAccrual`	$-19.70M	USD	2 Qtrs
Long-term prepaid royalties (Note 3)	`IncreaseDecreaseInPrepaidRoyalties`	$114.00M	USD	2 Qtrs
Long-term prepaid royalties (Note 3)	`IncreaseDecreaseInPrepaidRoyalties`	-	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$32.50M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-4.70M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$347.70M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$625.50M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$115.80M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$109.40M	USD	2 Qtrs
Purchases of held-to-maturity investments (Note 4)	`PaymentsToAcquireHeldToMaturitySecurities`	$15.50M	USD	2 Qtrs
Purchases of held-to-maturity investments (Note 4)	`PaymentsToAcquireHeldToMaturitySecurities`	$180.70M	USD	2 Qtrs
Proceeds from held-to-maturity investments (Note 4)	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$83.50M	USD	2 Qtrs
Proceeds from held-to-maturity investments (Note 4)	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$277.50M	USD	2 Qtrs
Purchases of available-for-sale investments (Note 4)	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$6.80M	USD	2 Qtrs
Purchases of available-for-sale investments (Note 4)	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$114.30M	USD	2 Qtrs
Proceeds from available-for-sale investments (Note 4)	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$314.50M	USD	2 Qtrs
Proceeds from available-for-sale investments (Note 4)	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$584.10M	USD	2 Qtrs
Business combination, net of cash (Note 6)	`PaymentsToAcquireBusinessesNetOfCashAcquiredExcludingOptions`	$141.20M	USD	2 Qtrs
Business combination, net of cash (Note 6)	`PaymentsToAcquireBusinessesNetOfCashAcquiredExcludingOptions`	-	USD	2 Qtrs
Payment for acquisition options (Note 5)	`OtherPaymentsToAcquireBusinesses`	$15.00M	USD	2 Qtrs
Payment for acquisition options (Note 5)	`OtherPaymentsToAcquireBusinesses`	$55.50M	USD	2 Qtrs
Issuances of notes receivable	`PaymentsToAcquireReceivables`	$45.50M	USD	2 Qtrs
Issuances of notes receivable	`PaymentsToAcquireReceivables`	$22.50M	USD	2 Qtrs
Collections of notes receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	2 Qtrs
Collections of notes receivable	`ProceedsFromCollectionOfNotesReceivable`	$18.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$16.90M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$8.70M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$70.70M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$359.10M	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$760.70M	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$256.80M	USD	2 Qtrs
Proceeds from stock plans	`ProceedsFromStockPlans`	$86.50M	USD	2 Qtrs
Proceeds from stock plans	`ProceedsFromStockPlans`	$102.70M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-400.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-676.20M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-154.50M	USD	2 Qtrs
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.10M	USD	2 Qtrs
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.00M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$274.90M	USD	2 Qtrs
Net increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$335.50M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$867.40M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$772.60M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.20B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.05B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.20B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.05B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$772.60M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$867.40M	USD	Point-in-time

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	608.30M	shares	Point-in-time
Common stock, beginning balance (in shares)	`CommonStockSharesOutstanding`	607.90M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.94B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.81B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.84B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.45B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.84B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.06B	USD	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	38.00M	shares	Point-in-time
Treasury stock, beginning balance (in shares)	`TreasuryStockCommonShares`	41.20M	shares	Point-in-time
Net income	`ProfitLoss`	$305.50M	USD	1 Quarter
Net income	`ProfitLoss`	$340.50M	USD	1 Quarter
Net income	`ProfitLoss`	$646.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$780.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$373.60M	USD	1 Quarter
Net income	`ProfitLoss`	$406.40M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-100.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-28.90M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-37.80M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-500.00K	USD	1 Quarter
Common stock issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$37.50M	USD	1 Quarter
Common stock issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$60.80M	USD	1 Quarter
Common stock issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$41.90M	USD	1 Quarter
Common stock issued under stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$49.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$36.20M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$37.40M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$38.90M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.40M	USD	1 Quarter
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$405.60M	USD	1 Quarter
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$249.50M	USD	1 Quarter
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$7.50M	USD	1 Quarter
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$355.10M	USD	1 Quarter
Changes to noncontrolling interest	`MinorityInterestPeriodIncreaseDecrease`	$-11.60M	USD	1 Quarter
Changes to noncontrolling interest	`MinorityInterestPeriodIncreaseDecrease`	$84.00M	USD	1 Quarter
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	608.30M	shares	Point-in-time
Common stock, ending balance (in shares)	`CommonStockSharesOutstanding`	607.90M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.94B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.81B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.84B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.45B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.84B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.06B	USD	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	38.00M	shares	Point-in-time
Treasury stock, ending balance (in shares)	`TreasuryStockCommonShares`	41.20M	shares	Point-in-time

Comprehensive Income 42 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$780.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$373.60M	USD	1 Quarter
Net income	`ProfitLoss`	$406.40M	USD	1 Quarter
Net income	`ProfitLoss`	$646.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$340.50M	USD	1 Quarter
Net income	`ProfitLoss`	$305.50M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-43.20M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-53.20M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.50M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.70M	USD	2 Qtrs
Unrealized gain (loss) on hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$31.30M	USD	1 Quarter
Unrealized gain (loss) on hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$5.30M	USD	1 Quarter
Unrealized gain (loss) on hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-11.90M	USD	2 Qtrs
Unrealized gain (loss) on hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$44.70M	USD	2 Qtrs
Unrealized pension credits (costs)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-100.00K	USD	2 Qtrs
Unrealized pension credits (costs)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$100.00K	USD	1 Quarter
Unrealized pension credits (costs)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-200.00K	USD	1 Quarter
Unrealized pension credits (costs)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$100.00K	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.10M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-30.90M	USD	1 Quarter
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$11.10M	USD	2 Qtrs
Unrealized gain (loss) on available-for-sale investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-68.00M	USD	2 Qtrs
Reclassification of realized investment losses to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-3.80M	USD	1 Quarter
Reclassification of realized investment losses to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-5.10M	USD	1 Quarter
Reclassification of realized investment losses to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-9.90M	USD	2 Qtrs
Reclassification of realized investment losses to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax`	$-7.80M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-37.80M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-600.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-66.70M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-100.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$305.40M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$645.40M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$368.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$713.30M	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.60M	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.60M	USD	1 Quarter
Comprehensive income attributable to Edwards Lifesciences Corporation	`ComprehensiveIncomeNetOfTax`	$368.60M	USD	1 Quarter
Comprehensive income attributable to Edwards Lifesciences Corporation	`ComprehensiveIncomeNetOfTax`	$307.00M	USD	1 Quarter
Comprehensive income attributable to Edwards Lifesciences Corporation	`ComprehensiveIncomeNetOfTax`	$713.30M	USD	2 Qtrs
Comprehensive income attributable to Edwards Lifesciences Corporation	`ComprehensiveIncomeNetOfTax`	$647.00M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.