Intuitive Surgical, Inc. ISRG Cash Flow

Intuitive surgical, inc. (ISRG)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Operating activities:
Net income
1,394,000	1,381,800	1,310,400	1,203,500	1,141,700	1,125,000	802,200	809,000	777,400	670,900	908,800	821,200	782,700	738,300	721,900	678,200	628,200	588,800	545,600	502,000	471,500	418,800	438,200	471,300	526,400	671,000	679,700	706,200	702,000	656,600	632,900	572,000	534,500	495,100	465,100	429,300	400,600	381,800	338,200	316,100	289,800	232,600	0	0	0
Depreciation and loss on disposal of property, plant, and equipment
179,500	160,000	139,800	126,600	116,500	108,600	101,600	96,400	90,900	86,200	81,300	77,500	74,600	73,900	72,800	72,200	69,400	65,100	60,100	56,100	53,700	52,000	51,600	49,500	47,900	46,000	42,100	40,800	37,600	34,700	33,000	30,100	29,300	28,700	27,200	26,100	25,000	23,700	22,200	21,300	20,400	19,000	0	0	0
Amortization of intangible assets
45,300	43,000	35,700	29,000	21,600	14,200	12,500	11,600	11,800	12,900	14,300	15,500	16,800	18,200	19,800	21,700	23,300	24,400	25,100	25,400	23,900	22,400	20,600	19,400	20,400	21,300	22,500	22,400	22,900	23,100	21,900	21,100	19,200	17,800	17,600	17,500	17,200	16,700	16,100	15,600	15,700	15,600	0	0	0
Loss (gain) on investments, accretion, and amortization, net
4,600	6,000	8,000	4,500	4,100	-1,800	-7,600	-14,500	-19,800	-21,200	-26,400	-29,900	-33,700	-35,900	-34,200	-32,100	-29,300	-26,400	-28,600	-27,300	-31,200	-33,900	-32,000	-34,900	-35,100	-36,800	-37,900	-38,100	-35,900	-33,100	-30,400	-27,800	-34,700	-22,600	0	0	0	-	-	-	-	-	-	-	-
Deferred income taxes
39,600	8,000	-92,500	-27,900	-36,400	-31,900	-39,300	-47,000	-53,300	-60,200	-21,200	-21,200	-19,300	-20,900	24,300	35,900	22,200	-4,600	78,000	77,300	70,300	35,000	32,100	7,200	14,800	38,500	6,300	11,200	12,700	20,800	-34,600	-14,000	-16,700	-7,100	-1,500	-21,100	-18,300	-21,500	-11,900	-6,800	-8,100	-15,600	0	0	0
Income tax benefits from employee stock plans
-	-	-	-	-	-	-	-	-	-	-	-	-	29,800	22,900	22,500	24,100	21,500	30,400	30,300	20,000	13,900	12,500	9,600	16,700	34,500	68,800	75,000	93,600	93,900	67,200	72,200	57,200	48,600	44,600	38,300	42,200	57,900	64,400	63,600	50,900	23,600	0	0	0
Excess tax benefit from employee stock plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42,000	39,200	29,900	24,000	22,100	17,600	21,700	38,000	70,600	76,000	94,600	94,200	68,600	79,100	65,300	58,800	53,800	42,700	46,700	65,200	72,200	71,000	57,300	25,100	0	0	0
Share-based compensation expense
350,300	335,800	317,000	298,100	279,800	261,200	246,400	232,100	219,200	209,100	199,000	190,100	182,300	177,600	173,400	170,800	169,500	167,900	167,700	168,600	169,200	168,900	169,400	174,700	171,500	168,900	165,600	162,500	157,100	153,300	149,600	137,200	138,700	136,400	131,900	127,400	122,900	117,600	112,600	106,700	101,100	97,000	0	0	0
Amortization of contract acquisition assets
14,400	13,100	11,900	11,200	10,700	10,600	10,600	10,700	10,900	10,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities, net of effects of acquisition:
Accounts receivable
-22,400	-38,800	45,500	95,100	59,700	161,300	107,900	47,300	64,900	81,400	35,200	76,200	86,100	34,200	97,200	82,200	33,500	79,200	75,800	50,400	53,400	13,700	-21,600	-87,500	-106,000	-68,900	-55,600	35,300	45,200	68,900	67,700	69,500	36,400	51,100	57,300	55,700	79,800	41,500	21,300	19,500	40,900	35,300	0	0	0
Inventory
331,700	360,500	366,600	323,100	306,800	279,000	238,600	191,100	142,700	115,500	88,600	85,500	77,900	46,700	20,800	-3,600	-9,400	10,700	17,000	21,700	34,300	26,800	22,600	55,700	74,600	70,000	74,000	48,100	16,900	7,100	24,500	24,200	24,800	25,300	23,600	26,100	24,800	29,200	28,300	14,700	4,100	-5,900	0	0	0
Prepaids and other assets
186,100	116,900	83,500	64,500	119,800	77,700	110,400	93,400	62,300	38,900	38,000	72,600	-13,500	39,200	-11,600	43,200	69,600	10,500	39,300	29,600	33,300	67,600	84,100	40,900	48,600	5,000	21,900	16,600	15,200	37,100	7,300	10,700	-5,500	9,400	6,200	2,800	-3,400	-1,100	-300	1,500	25,500	6,300	0	0	0
Accounts payable
11,200	12,300	28,000	24,100	31,300	16,700	15,500	22,600	16,900	14,000	21,400	8,600	16,100	15,900	3,500	3,100	-8,700	-11,300	1,100	2,200	10,100	17,700	-5,100	-4,500	-8,900	-8,900	5,900	12,700	18,200	8,400	9,700	13,900	3,300	10,300	7,400	-4,400	8,600	8,100	10,800	15,300	13,200	7,000	0	0	0
Accrued compensation and employee benefits
30,900	57,400	40,900	32,500	21,500	26,200	21,000	16,500	17,500	31,200	20,300	16,400	8,100	18,700	13,700	7,500	8,400	21,500	13,500	11,600	12,800	21,400	18,600	1,900	-13,300	-33,300	-20,000	-4,600	8,200	21,000	14,700	20,200	14,600	19,600	0	0	0	-	-	0	0	-	-	0	0
Deferred revenue
36,800	35,500	25,400	33,200	42,400	54,300	42,600	33,200	23,200	43,700	44,000	50,600	45,700	14,100	6,500	9,900	13,000	8,200	9,800	-1,900	-10,400	19,800	0	0	0	-	-	-	-	-	-	-	-	28,100	27,000	26,700	27,400	26,500	26,100	19,300	6,100	21,300	0	0	0
Other liabilities
31,800	11,900	6,800	200	20,100	37,100	279,300	209,400	197,800	219,400	-55,200	33,300	37,900	53,700	46,000	23,300	4,900	-10,500	-33,100	-34,400	-8,900	63,400	81,500	53,900	52,700	11,100	-9,100	8,300	2,000	-12,300	19,800	16,300	16,000	7,900	-17,200	8,400	22,300	38,200	50,000	45,800	40,600	32,600	0	0	0
Net cash provided by operating activities
1,617,800	1,598,200	1,383,600	1,307,100	1,222,600	1,169,600	1,163,500	1,197,600	1,182,600	1,143,900	1,141,600	1,056,500	1,101,700	1,087,000	1,075,000	985,900	909,300	806,200	682,700	653,600	622,500	665,100	700,000	753,200	788,300	880,000	877,700	885,500	907,200	814,200	801,100	747,100	737,200	677,600	605,600	561,000	535,600	545,800	526,900	510,200	417,700	392,200	0	0	0
Investing activities:
Purchase of investments
3,043,900	3,346,200	3,431,300	3,546,200	3,140,500	2,581,900	2,566,900	2,139,600	2,260,500	1,995,000	1,811,000	2,224,200	2,266,000	2,585,500	2,595,800	2,296,800	2,032,600	1,827,400	1,469,300	1,328,900	1,193,900	1,344,600	1,317,200	1,110,700	1,300,900	1,443,700	1,515,100	1,758,600	1,763,600	1,833,900	1,805,000	1,829,200	1,933,800	1,532,200	1,529,200	1,507,000	1,386,900	1,385,400	1,273,500	1,065,600	874,000	764,500	0	0	0
Proceeds from Sale of Investments
161,100	107,300	82,100	76,100	91,800	274,000	609,700	645,400	666,800	1,861,300	1,637,100	1,631,700	1,746,500	389,900	333,900	334,600	223,100	233,100	220,300	189,500	687,100	665,900	730,000	1,335,700	988,200	984,900	945,100	357,600	246,600	329,800	336,000	457,500	498,200	444,300	0	0	0	-	-	-	-	-	-	-	-
Proceeds from maturities of investments
2,432,300	2,569,800	2,513,400	2,227,600	1,987,900	1,533,600	1,301,100	1,133,100	895,500	703,100	736,900	837,900	837,600	970,100	934,200	850,400	927,200	825,800	737,000	694,500	659,000	714,700	725,800	804,000	822,900	822,400	880,900	916,500	841,700	800,200	728,900	623,500	662,700	691,800	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sales and maturities of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	846,100	618,900	512,300	518,400	0	0	0
Purchase of property, plant, and equipment and intellectual property
416,000	425,600	339,100	299,400	262,100	187,400	162,900	167,300	177,800	190,700	177,500	141,200	97,300	53,900	55,800	69,200	71,400	81,000	126,500	111,800	116,700	105,600	69,300	89,500	96,000	104,600	146,400	99,500	82,600	114,200	58,700	86,100	116,500	82,900	77,100	112,700	94,500	96,000	94,300	49,600	42,100	53,400	0	0	0
Acquisition of businesses, net of cash
96,100	59,700	59,600	48,600	89,200	87,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	84,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-962,600	-1,154,400	-1,234,500	-1,590,500	-1,412,100	-1,049,600	-879,100	-566,500	-876,000	378,700	385,500	104,200	220,800	-1,279,400	-1,383,500	-1,181,000	-953,700	-849,500	-639,900	-559,800	-36,300	-153,900	-13,600	858,300	401,700	259,000	179,500	-611,600	-785,500	-845,700	-841,400	-834,300	-889,400	-479,000	-461,500	-409,900	-344,500	-494,300	-521,700	-496,300	-403,800	-299,500	0	0	0
Financing activities:
Proceeds from issuance of common stock relating to employee stock plans
275,300	272,800	242,700	221,300	239,200	236,600	233,500	254,000	332,600	415,500	412,100	428,800	491,200	580,900	617,500	652,100	539,700	361,100	401,600	350,600	297,500	283,600	198,700	139,000	137,600	160,600	224,700	236,900	269,700	263,300	255,500	307,900	284,000	260,600	189,800	116,400	108,100	141,100	157,900	162,600	145,600	58,700	0	0	0
Excess tax benefit from employee stock plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42,000	39,200	29,900	24,000	22,100	17,600	21,700	38,000	70,600	76,000	94,600	94,200	68,600	79,100	65,300	58,800	53,800	42,700	46,700	65,200	72,200	71,000	57,300	25,100	0	0	0
Taxes paid related to net share settlement of equity awards
169,400	159,100	157,900	157,000	156,100	120,000	118,000	114,600	111,700	56,600	54,400	52,200	50,800	24,000	23,700	22,800	16,900	11,000	10,500	10,000	14,700	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
369,500	269,500	0	0	0	-	-	-	-	2,274,000	2,034,400	2,034,400	2,034,400	42,500	92,300	127,800	182,100	183,700	99,500	64,000	1,009,700	1,000,000	1,000,000	1,693,800	963,500	1,109,200	0	0	0	-	-	-	-	331,800	471,500	349,300	210,200	198,600	58,900	0	0	150,000	0	0	0
Capital contribution from noncontrolling interest
0	10,000	12,000	12,000	12,000	10,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities
0	-	0	0	0	-	0	0	2,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-305,300	-168,400	-185,500	-129,000	92,800	126,300	-150,500	-124,600	-43,100	-1,913,100	-1,674,700	-1,657,800	-1,594,000	514,400	461,000	472,900	323,200	159,100	333,600	315,800	-697,000	-692,400	-779,200	-1,537,200	-804,200	-910,600	-867,100	-325,600	-19,700	119,200	139,000	190,700	29,100	-12,400	-227,900	-190,200	-55,400	7,700	171,200	233,600	202,900	-66,200	0	0	0
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
-1,800	-2,200	-2,300	-800	-2,300	-100	-600	500	2,600	2,100	1,000	100	-400	0	900	300	600	-1,500	-1,200	-1,800	-2,100	-600	-1,000	600	700	0	500	0	-400	200	-700	-1,100	-800	-200	0	1,100	500	-800	-500	-900	200	300	0	0	0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total
348,100	273,200	-38,700	-413,200	-99,000	246,200	133,300	507,000	266,100	-388,400	-146,600	-497,000	-271,900	322,000	153,400	278,100	279,400	114,300	375,200	407,800	-112,900	-181,800	-93,800	74,900	386,500	228,400	190,600	-51,700	101,600	87,900	98,000	102,400	-123,900	186,000	-83,800	-38,000	136,200	58,400	175,900	246,600	217,000	26,800	0	0	0