Stock Analysis on Net

Intuitive Surgical Inc. (NASDAQ:ISRG)

Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Intuitive Surgical Inc., consolidated statement of comprehensive income

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income 1,817,300 1,344,400 1,728,100 1,066,800 1,381,800
Change in foreign currency translation gains (losses) 25,700 (500) (13,300) 5,200 300
Change in unrealized gains (losses) 124,600 (138,200) (45,500) 13,800 30,700
Reclassification adjustment for (gains) losses on securities (100) (4,700) (500)
Net change in available-for-sale securities, net of tax 124,500 (138,200) (45,500) 9,100 30,200
Change in unrealized gains (losses) (6,600) (35,000) 12,300 (800) 5,800
Reclassification adjustment for (gains) losses on hedge instruments 7,000 27,600 (4,900) (2,800) (5,300)
Net change in hedge instruments, net of tax 400 (7,400) 7,400 (3,600) 500
Change in unrealized gains (losses) (600) 5,800 100 1,000 (5,900)
Reclassification adjustment for (gains) losses on employee benefit plans 200 1,500 1,300 600
Net change in employee benefit plans, net of tax (600) 6,000 1,600 2,300 (5,300)
Other comprehensive income (loss), net of tax 150,000 (140,100) (49,800) 13,000 25,700
Comprehensive income 1,967,300 1,204,300 1,678,300 1,079,800 1,407,500
Comprehensive income attributable to noncontrolling interest (19,000) (20,300) (22,800) (6,700) (2,500)
Comprehensive income attributable to Intuitive Surgical, Inc. 1,948,300 1,184,000 1,655,500 1,073,100 1,405,000

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).

Comprehensive income item Description The company
Net income attributable to Intuitive Surgical, Inc. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Intuitive Surgical Inc. net income attributable to Intuitive Surgical, Inc. decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Comprehensive income attributable to Intuitive Surgical, Inc. Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. Intuitive Surgical Inc. comprehensive income attributable to Intuitive Surgical, Inc. decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.