INTUITIVE SURGICAL, INC.

CONSOLIDATED BALANCE SHEETS

$($IN MILLIONS, EXCEPT PAR VALUE AMOUNTS$)$

December $31$

$\frac{\text{D}\text{e}\text{c}\text{e}\text{m}\text{b}\text{e}\text{r}31,}{2021}$

ASSETS

Current assets:

Cash and cash equivalents

Short$-$term investments

Accounts receivable, net of allowances of $$20\mathrm{.}2$ and $$17\mathrm{.}7$ as of December $31,2021,$ and $2020,$ respectively

Inventory

Prepaids and other current assets

Total current assets

Property, plant, and equipment, net

Long$-$term investments

Deferred tax assets

Intangible and other assets, net

Goodwill

Total assets

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

Accounts payable

Accrued compensation and employee benefits

Deferred revenue

Other accrued liabilities

Total current liabilities

Other long$-$term liabilities

Total liabilities

Commitments and contingencies $($Note $8)$

Stockholders' equity:

Preferred stock, $2\mathrm{.}5$ shares authorized, $$0\mathrm{.}001$ par value, issuable in series; no shares issued and outstanding as of December $31,2021,$ and $2020$

Common stock, $600\mathrm{.}0$ shares authorized, $$0\mathrm{.}001$ par value, $357\mathrm{.}7$ shares and $353\mathrm{.}1$ shares issued and outstanding as of December $31,2021,$ and $2020,$ respectively

Additional paid$-$in capital

Retained earnings

Accumulated other comprehensive income $($loss$)$

Total Intuitive Surgical, Inc. stockholders' equity

Noncontrolling interest in joint venture

Total stockholders' equity

Total liabilities and stockholders' equity

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