Edwards Lifesciences Corporation

NYSE-EW

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	1,362.5	4,141.6	4,175.1	4,169.7	4,155.1	1,469.4
Net Income
Depreciation & Amortization	156.5	151.8	153.3	155.2	149.3	151.7
Depreciation and Amortization
Stock Based Compensation	150.6	151.5	157.9	162.3	161.1	151.6
Stock-Based Compensation
Other Adjustments	-118.2	-224.6	-258.5	-3,685.6	-287.4	-198.5
Non-Cash Operating Lease Cost
Excess Tax Benefit from Stock Plans
Inventory Write Off
Gain on Sale of Business
Gain (Loss) on Investments, Net
Deferred Income Taxes
Purchased in-Process Research and Development
Gain on Remeasurement of Previously Held Interest Upon Acquisition
Impairment Charges
Change in Fair Value of Contingent Consideration Liabilities
Other
Changes in Trade Receivables	50.5	84.6	132.5	121.2	-2.9	-48.9
Accounts and Other Receivables, Net
Changes in Inventories	-11.5	-50.9	-186.7	-256.1	-304.2	-339
Inventories
Changes in Accounts Payable	223.3	27.1	249.2	89.5	126	132.5
Accounts Payable and Accrued Liabilities
Changes in Accrued Expenses	-74.2	-74.2	-68.3	-36.8	-31.3	-30.3
Litigation Settlement Accrual
Intellectual Property Agreement Accrual
Changes in Income Taxes Payable	-687.9	-5.9	-46.4	-186.7	189.7	-406.8
Income Taxes
Changes in Other Operating Activities	-71.3	-60.9	-39.6	9.6	8.4	-19.7
Long-Term Prepaid Royalties
Other
Prepaid Expenses and Other Current Assets
Other
Cash from Operating Activities	1,016.8	794.9	876.2	542.3	806.4	866.1
Net Cash Provided by Operating Activities

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-212.6	-207	-243.1	-252.4	-290.9	-294.3
Capital Expenditures
Purchases of Intangible Assets	—	—	-20	-30	—	—
Investments in Intangible Assets
Purchases of Investments	-2,699.1	-2,207.5	-1,591.4	-945.8	-599.6	-70
Investments in Unconsolidated Affiliates
Purchases of Held-to-Maturity Investments
Purchases of Available-for-Sale Investments
Investments in Trading Securities, Net
Proceeds from Sale of Investments	2,431.7	1,915.7	1,536.6	857.6	726.9	731.4
Proceeds from Unconsolidated Affiliates
Proceeds from Held-to-Maturity Investments
Proceeds from Available-for-Sale Investments
Payments for Business Acquisitions	—	—	—	-1,061.8	—	—
Business Combinations, Net of Cash
Proceeds from Business Divestments	—	—	—	3,927.4	—	—
Proceeds from Sale of Business
Other Investing Activities	-255.3	-240	-192.6	-182.1	-90.5	-109.9
Deposit of Cash in Escrow
Payment for Acquisition Options
Issuances of Notes Receivable
Collections of Notes Receivable
Other
Cash from Investing Activities	-1,091.3	2,038.2	2,335.1	2,312.9	2,903.7	291
Net Cash Provided by Investing Activities

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Issuance of Long-Term Debt	—	—	—	—	—	—
Proceeds from Issuance of Debt
Repayments of Long-Term Debt	—	—	—	—	—	—
Payments on Debt and Finance Lease Obligations
Net Issuance / (Repayments) of Long-Term Debt	—	—	—	—	—	—
Issuance of Common Shares	170.4	170.2	167.3	179.5	184.1	183.6
Proceeds from Stock Plans
Repurchases of Common Shares	-877.9	-1,340.2	-1,417.8	-1,159.4	-1,507.7	-781.1
Purchases of Treasury Stock
Equity Forward Contract Related to Accelerated Share Repurchase Agreement
Net Issuance / (Repurchases) of Common Shares	-707.5	-1,170	-1,250.5	-979.9	-1,323.6	-597.5
Other Financing Activities	-0.6	-8.4	-2.2	-3.1	-1.2	6.1
Payment of Contingent Consideration
Excess Tax Benefit from Stock Plans
Other
Cash from Financing Activities	-916.8	-1,153.4	-1,302.7	-983	-1,424.8	-591.4
Net Cash Provided by Financing Activities