v3.26.1
Investments
 12 Months Ended
Dec. 31, 2025
EBP 002  
EBP, Master Trust [Line Items]  
Investments Investments
 
The Master Trust, administered by Voya Institutional Trust Company, holds the assets of the Plan and the Edwards Lifesciences Corporation 401(k) Savings and Investment Plan.
 
The accompanying Statements of Net Assets Available for Benefits reflect the apportioned share of the underlying Plan assets and liabilities of the Trust. Allocations of net investment income from the Trust are based on the Plan’s net assets at the beginning of the year with adjustments for contributions and benefit payments made during the year.

Summarized financial information for the Trust as of December 31, 2025 and 2024 is as follows (in thousands):
 
 Master TrustPlan's Interest in Master Trust
 2025202420252024
Net assets held by Master Trust:  
Common stock
$362,952.2 $351,300.3 $3,535.4 $4,103.1 
Mutual funds798,653.0 670,027.3 22,715.2 21,903.3 
U.S. government and other debt securities1,015.2 1,276.6 — — 
Common/collective trusts996,769.1 877,940.0 4,956.3 5,248.6 
Certificates of deposit1,601.6 1,369.2 — — 
Cash and money market funds11,445.0 7,401.9 — — 
Net assets held by Master Trust 2,172,436.1 1,909,315.3 31,206.9 31,255.0 
Plus:
Accrued interest and dividends0.2 2.9 — — 
Total$2,172,436.3 $1,909,318.2 $31,206.9 $31,255.0 
 
Net investment income from the Master Trust's investments for the years ended December 31, 2025 and 2024 is as follows (in thousands):
 
 Years Ended December 31,
 20252024
Net appreciation in fair value
$276,778.7 $157,419.3 
Dividend income 26,648.9 26,490.8 
Interest income 14,057.8 12,341.4 
Net investment income from the Master Trust
$317,485.4 $196,251.5