Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

Intuitive Surgical Inc., adjusted current assets

US$ in thousands

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current assets	7,888,000)	6,253,000)	5,844,900)	6,625,900)	4,662,600)
Adjustments
Add: Allowances	27,100)	22,400)	20,200)	17,700)	8,300)
After Adjustment
Adjusted current assets	7,915,100)	6,275,400)	5,865,100)	6,643,600)	4,670,900)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Download chart

Intuitive Surgical Inc., adjusted total assets

US$ in thousands

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total assets	15,441,500)	12,974,000)	13,555,000)	11,168,900)	9,733,200)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Allowances	27,100)	22,400)	20,200)	17,700)	8,300)
Less: Deferred tax assets²	910,500)	664,600)	441,400)	367,700)	425,600)
After Adjustment
Adjusted total assets	14,558,100)	12,331,800)	13,133,800)	10,818,900)	9,315,900)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets. See details »

Download chart

Intuitive Surgical Inc., adjusted current liabilities

US$ in thousands

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current liabilities	1,658,700)	1,422,100)	1,149,800)	965,200)	1,030,200)
Adjustments
Less: Current deferred revenue	446,100)	397,300)	377,200)	350,300)	337,800)
After Adjustment
Adjusted current liabilities	1,212,600)	1,024,800)	772,600)	614,900)	692,400)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Download chart

Intuitive Surgical Inc., adjusted total liabilities

US$ in thousands

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total liabilities	2,044,200)	1,861,400)	1,603,500)	1,409,800)	1,448,500)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Deferred tax liabilities²	—)	100)	600)	3,700)	—)
Less: Deferred revenue	491,700)	438,300)	414,000)	382,300)	365,200)
After Adjustment
Adjusted total liabilities	1,552,500)	1,423,000)	1,188,900)	1,023,800)	1,083,300)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities. See details »

Download chart

Intuitive Surgical Inc., adjusted total Intuitive Surgical, Inc. stockholders’ equity

US$ in thousands

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total Intuitive Surgical, Inc. stockholders’ equity	13,307,600)	11,041,900)	11,901,100)	9,731,500)	8,263,800)
Adjustments
Less: Net deferred tax assets (liabilities)¹	910,500)	664,500)	440,800)	364,000)	425,600)
Add: Allowances	27,100)	22,400)	20,200)	17,700)	8,300)
Add: Deferred revenue	491,700)	438,300)	414,000)	382,300)	365,200)
Add: Noncontrolling interest in joint venture	89,700)	70,700)	50,400)	27,600)	20,900)
After Adjustment
Adjusted total stockholders’ equity	13,005,600)	10,908,800)	11,944,900)	9,795,100)	8,232,600)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Net deferred tax assets (liabilities). See details »

Download chart

Intuitive Surgical Inc., adjusted capitalization table

US$ in thousands

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total reported debt	—)	—)	—)	—)	—)
Total Intuitive Surgical, Inc. stockholders’ equity	13,307,600)	11,041,900)	11,901,100)	9,731,500)	8,263,800)
Total reported capital	13,307,600)	11,041,900)	11,901,100)	9,731,500)	8,263,800)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Operating lease liabilities (reported as Other accrued liabilities)²	25,300)	24,200)	20,400)	21,900)	7,700)
Add: Operating lease liabilities (reported as Other long-term liabilities)³	64,500)	69,600)	66,600)	58,000)	68,700)
Adjusted total debt	89,800)	93,800)	87,000)	79,900)	76,400)
Adjustments to Equity
Less: Net deferred tax assets (liabilities)⁴	910,500)	664,500)	440,800)	364,000)	425,600)
Add: Allowances	27,100)	22,400)	20,200)	17,700)	8,300)
Add: Deferred revenue	491,700)	438,300)	414,000)	382,300)	365,200)
Add: Noncontrolling interest in joint venture	89,700)	70,700)	50,400)	27,600)	20,900)
Adjusted total stockholders’ equity	13,005,600)	10,908,800)	11,944,900)	9,795,100)	8,232,600)
After Adjustment
Adjusted total capital	13,095,400)	11,002,600)	12,031,900)	9,875,000)	8,309,000)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Operating lease liabilities (reported as Other accrued liabilities). See details »

³ Operating lease liabilities (reported as Other long-term liabilities). See details »

⁴ Net deferred tax assets (liabilities). See details »

Download chart

Intuitive Surgical Inc., adjusted revenue

US$ in thousands

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Revenue	7,124,100)	6,222,200)	5,710,100)	4,358,400)	4,478,500)
Adjustment
Add: Increase (decrease) in deferred revenue	53,400)	24,300)	31,700)	17,100)	37,900)
After Adjustment
Adjusted revenue	7,177,500)	6,246,500)	5,741,800)	4,375,500)	4,516,400)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Download chart

Intuitive Surgical Inc., adjusted net income attributable to Intuitive Surgical, Inc.

US$ in thousands

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Net income attributable to Intuitive Surgical, Inc.	1,798,000)	1,322,300)	1,704,600)	1,060,600)	1,379,300)
Adjustments
Add: Deferred income tax expense (benefit)¹	(280,800)	(185,300)	(64,000)	57,600)	(6,100)
Add: Increase (decrease) in allowances	4,700)	2,200)	2,500)	9,400)	100)
Add: Increase (decrease) in deferred revenue	53,400)	24,300)	31,700)	17,100)	37,900)
Add: Other comprehensive income (loss), net of tax	150,000)	(140,100)	(49,800)	13,000)	25,700)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	19,000)	20,300)	22,800)	6,700)	2,500)
After Adjustment
Adjusted net income	1,744,300)	1,043,700)	1,647,800)	1,164,400)	1,439,400)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Deferred income tax expense (benefit). See details »

Download chart

Intuitive Surgical Inc. (NASDAQ:ISRG)

Adjustments to Financial Statements

Adjustments to Current Assets

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Revenues

Adjustments to Reported Income