INTUITIVE SURGICAL INC (ISRG) [Rocket]

In millions, except per share items	Dec-31-22	Sep-30-22	Jun-30-22	Mar-31-22	Dec-31-21	Sep-30-21	Jun-30-21	Mar-31-21
	8-K	8-K	10-Q	10-Q	10-K	10-Q	10-Q	10-Q
Net income	324.9	324.0	307.8	365.6	380.6	380.5	517.2	426.3
Depreciation and amortization [+]			6.2	83.8	80.9	6.3	75.6	71.7
Depreciation	-7.6	-7.9		77.7	74.3		68.0	64.8
Amortization of intangible assets			6.2	6.1	6.6	6.3	7.6	6.9
Stock-based compensation				120.8	117.8		108.1	103.2
Deferred taxes				-14.4	-22.0		-68.7	44.7
Change in working capital [+]				-365.4	-10.9		-108.7	-169.5
Accounts receivable				-123.4	-87.6		-45.3	-14.3
Inventories				-120.1	-66.8		-51.2	-41.2
Other current assets				-21.7	11.8		-103.8	-73.2
Accounts payable				-1.9	0.2		14.5	23.7
Deferred revenues				11.4	30.3		3.8	6.8
Other				-109.7	101.2		73.3	-71.3
Other operating activities			5.8	32.6	21.3	6.7	19.2	1.2
Cash from operations			319.8	223.0	567.7	393.5	542.7	477.6

Capital expenditures			0.0	-95.1	-150.9	0.0	-75.7	-58.6
Purchases of property and equipment				-95.1	-150.9		-75.7	-58.6
Acquisitions					17.4			-8.7
Purchases of short-term investments, net				-119.6	-490.1		-309.0	-529.7
Purchases of short-term investments				-1,187.3	-1,238.3		-1,674.6	-1,833.1
Sales of short-term investments				1,067.7	748.2		1,365.6	1,303.4
Other cash from investing					-17.4
Cash from investing			0.0	-214.7	-641.0	0.0	-384.7	-597.0

Repurchase of common stock, net				-106.5
Other cash from financing				-93.4	18.6		58.3	-102.2
Cash from financing			0.0	-199.9	18.6	0.0	58.3	-102.2

Free cash flow			319.8	127.9	416.8	393.5	467.0	419.0
Per share (diluted)			$0.88	$0.35	$1.14	$1.07	$1.28	$1.15