10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950170-22-021220 |
| Period End Date | 20220930 |
| Filing Date | 20221102 |
| Fiscal Year | 2022 |
| Fiscal Period | Q3 |
| XBRL Instance | zbh-20220930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
81 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
1.00B | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
1.00B | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
312.80M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
313.60M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$545.40M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$378.10M | USD | Point-in-time |
| Accounts receivable, less allowance for credit losses |
AccountsReceivableNetCurrent
|
$1.28B | USD | Point-in-time |
| Accounts receivable, less allowance for credit losses |
AccountsReceivableNetCurrent
|
$1.26B | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
103.80M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
103.80M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$2.13B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$2.15B | USD | Point-in-time |
| Prepaid taxes |
PrepaidTaxes
|
$326.70M | USD | Point-in-time |
| Prepaid taxes |
PrepaidTaxes
|
$234.60M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$271.00M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$347.30M | USD | Point-in-time |
| Current assets of discontinued operations |
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$501.60M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$4.88B | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$4.53B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.80B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.84B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$50.80M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$8.80B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$8.92B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$5.53B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$5.14B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.06B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.00B | USD | Point-in-time |
| Noncurrent assets of discontinued operations |
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
|
$1.28B | USD | Point-in-time |
| Total Assets |
Assets
|
$23.46B | USD | Point-in-time |
| Total Assets |
Assets
|
$21.33B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$306.50M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$333.90M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$30.40M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$62.00M | USD | Point-in-time |
| Customer rebates |
ContractWithCustomerRefundLiabilityCurrent
|
$115.90M | USD | Point-in-time |
| Customer rebates |
ContractWithCustomerRefundLiabilityCurrent
|
$129.50M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.16B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.19B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$1.61B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$659.10M | USD | Point-in-time |
| Current liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
$177.20M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$2.30B | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$3.47B | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$541.30M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$558.50M | USD | Point-in-time |
| Long-term income tax payable |
AccruedIncomeTaxesNoncurrent
|
$581.30M | USD | Point-in-time |
| Long-term income tax payable |
AccruedIncomeTaxesNoncurrent
|
$583.00M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$608.70M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$548.50M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.06B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.46B | USD | Point-in-time |
| Noncurrent liabilities of discontinued operations |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
$168.40M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$10.79B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$9.08B | USD | Point-in-time |
| Commitments and Contingencies (Note 16) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies (Note 16) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $0.01 par value, one billion shares authorized, 313.6 million shares in 2022 (312.8 million in 2021) issued |
CommonStockValue
|
$3.10M | USD | Point-in-time |
| Common stock, $0.01 par value, one billion shares authorized, 313.6 million shares in 2022 (312.8 million in 2021) issued |
CommonStockValue
|
$3.10M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$9.31B | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$9.46B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$9.74B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$10.29B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-244.90M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-231.60M | USD | Point-in-time |
| Treasury stock, 103.8 million shares in 2022 and 2021 |
TreasuryStockValue
|
$6.72B | USD | Point-in-time |
| Treasury stock, 103.8 million shares in 2022 and 2021 |
TreasuryStockValue
|
$6.72B | USD | Point-in-time |
| Total Zimmer Biomet Holdings, Inc. stockholders' equity |
StockholdersEquity
|
$12.24B | USD | Point-in-time |
| Total Zimmer Biomet Holdings, Inc. stockholders' equity |
StockholdersEquity
|
$12.66B | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$5.70M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$6.40M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.71B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.58B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.25B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.20B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.12B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.67B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$23.46B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$21.33B | USD | Point-in-time |
Income Statement
107 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$5.05B | USD | 3 Qtrs |
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.69B | USD | 1 Quarter |
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$5.11B | USD | 3 Qtrs |
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.67B | USD | 1 Quarter |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$1.50B | USD | 3 Qtrs |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$491.40M | USD | 1 Quarter |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$1.42B | USD | 3 Qtrs |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$488.20M | USD | 1 Quarter |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$132.20M | USD | 1 Quarter |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$131.50M | USD | 1 Quarter |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$395.30M | USD | 3 Qtrs |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$398.70M | USD | 3 Qtrs |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$339.80M | USD | 3 Qtrs |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$298.00M | USD | 3 Qtrs |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$93.80M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$101.70M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$2.04B | USD | 3 Qtrs |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$654.90M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$684.40M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$2.03B | USD | 3 Qtrs |
| Intangible asset impairment |
GoodwillAndIntangibleAssetImpairment
|
$3.00M | USD | 3 Qtrs |
| Intangible asset impairment |
GoodwillAndIntangibleAssetImpairment
|
$16.30M | USD | 3 Qtrs |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$22.50M | USD | 1 Quarter |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$62.60M | USD | 3 Qtrs |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$28.30M | USD | 1 Quarter |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$129.20M | USD | 3 Qtrs |
| Quality remediation |
QualityRemediationCosts
|
$22.40M | USD | 3 Qtrs |
| Quality remediation |
QualityRemediationCosts
|
$8.10M | USD | 1 Quarter |
| Quality remediation |
QualityRemediationCosts
|
$11.70M | USD | 1 Quarter |
| Quality remediation |
QualityRemediationCosts
|
$32.80M | USD | 3 Qtrs |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$6.40M | USD | 1 Quarter |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$11.80M | USD | 1 Quarter |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$11.30M | USD | 3 Qtrs |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$8.50M | USD | 3 Qtrs |
| Operating expenses, net |
CostsAndExpenses
|
$1.42B | USD | 1 Quarter |
| Operating expenses, net |
CostsAndExpenses
|
$4.39B | USD | 3 Qtrs |
| Operating expenses, net |
CostsAndExpenses
|
$4.32B | USD | 3 Qtrs |
| Operating expenses, net |
CostsAndExpenses
|
$1.44B | USD | 1 Quarter |
| Operating Profit |
OperatingIncomeLoss
|
$245.30M | USD | 1 Quarter |
| Operating Profit |
OperatingIncomeLoss
|
$724.60M | USD | 3 Qtrs |
| Operating Profit |
OperatingIncomeLoss
|
$726.50M | USD | 3 Qtrs |
| Operating Profit |
OperatingIncomeLoss
|
$243.00M | USD | 1 Quarter |
| Other (expense) income, net |
OtherNonoperatingIncomeExpense
|
$16.00M | USD | 3 Qtrs |
| Other (expense) income, net |
OtherNonoperatingIncomeExpense
|
$300.00K | USD | 1 Quarter |
| Other (expense) income, net |
OtherNonoperatingIncomeExpense
|
$-25.40M | USD | 1 Quarter |
| Other (expense) income, net |
OtherNonoperatingIncomeExpense
|
$-124.10M | USD | 3 Qtrs |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-52.60M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-159.60M | USD | 3 Qtrs |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-42.30M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-122.20M | USD | 3 Qtrs |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$190.70M | USD | 1 Quarter |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$177.60M | USD | 1 Quarter |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$582.90M | USD | 3 Qtrs |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$478.30M | USD | 3 Qtrs |
| (Benefit) Provision for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$28.30M | USD | 1 Quarter |
| (Benefit) Provision for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$-16.60M | USD | 1 Quarter |
| (Benefit) Provision for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$82.70M | USD | 3 Qtrs |
| (Benefit) Provision for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$56.90M | USD | 3 Qtrs |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$421.40M | USD | 3 Qtrs |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$194.20M | USD | 1 Quarter |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$500.20M | USD | 3 Qtrs |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$162.40M | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$400.00K | USD | 3 Qtrs |
| Less: Net earnings attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$200.00K | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$700.00K | USD | 3 Qtrs |
| Less: Net earnings attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$200.00K | USD | 1 Quarter |
| Net Earnings from Continuing Operations of Zimmer Biomet Holdings, Inc. |
IncomeLossFromContinuingOperations
|
$194.00M | USD | 1 Quarter |
| Net Earnings from Continuing Operations of Zimmer Biomet Holdings, Inc. |
IncomeLossFromContinuingOperations
|
$420.70M | USD | 3 Qtrs |
| Net Earnings from Continuing Operations of Zimmer Biomet Holdings, Inc. |
IncomeLossFromContinuingOperations
|
$499.80M | USD | 3 Qtrs |
| Net Earnings from Continuing Operations of Zimmer Biomet Holdings, Inc. |
IncomeLossFromContinuingOperations
|
$162.20M | USD | 1 Quarter |
| Loss from discontinued operations, net of taxes |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
$-16.60M | USD | 1 Quarter |
| Loss from discontinued operations, net of taxes |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
$-58.80M | USD | 3 Qtrs |
| Loss from discontinued operations, net of taxes |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
$-14.20M | USD | 3 Qtrs |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$194.00M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$145.60M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$485.60M | USD | 3 Qtrs |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$361.90M | USD | 3 Qtrs |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.78 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$2.01 | USD | 3 Qtrs |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.92 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$2.40 | USD | 3 Qtrs |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$-0.07 | USD | 3 Qtrs |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$-0.28 | USD | 3 Qtrs |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$-0.08 | USD | 1 Quarter |
| Net Earnings Per Common Share - Basic |
EarningsPerShareBasic
|
$0.70 | USD | 1 Quarter |
| Net Earnings Per Common Share - Basic |
EarningsPerShareBasic
|
$2.33 | USD | 3 Qtrs |
| Net Earnings Per Common Share - Basic |
EarningsPerShareBasic
|
$0.92 | USD | 1 Quarter |
| Net Earnings Per Common Share - Basic |
EarningsPerShareBasic
|
$1.73 | USD | 3 Qtrs |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$2.00 | USD | 3 Qtrs |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.77 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.92 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$2.37 | USD | 3 Qtrs |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$-0.08 | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$-0.06 | USD | 3 Qtrs |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$-0.28 | USD | 3 Qtrs |
| Net Earnings Per Common Share - Diluted |
EarningsPerShareDiluted
|
$1.72 | USD | 3 Qtrs |
| Net Earnings Per Common Share - Diluted |
EarningsPerShareDiluted
|
$0.92 | USD | 1 Quarter |
| Net Earnings Per Common Share - Diluted |
EarningsPerShareDiluted
|
$0.69 | USD | 1 Quarter |
| Net Earnings Per Common Share - Diluted |
EarningsPerShareDiluted
|
$2.31 | USD | 3 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
208.50M | shares | 3 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
209.80M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
209.50M | shares | 3 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
208.80M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.30M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.50M | shares | 3 Qtrs |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.60M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.20M | shares | 3 Qtrs |
Cash Flow Statement
73 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents including discontinued operations cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
$100.40M | USD | Point-in-time |
| Cash and cash equivalents including discontinued operations cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
$24.10M | USD | Point-in-time |
| Cash and cash equivalents including discontinued operations cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
$27.40M | USD | Point-in-time |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$421.40M | USD | 3 Qtrs |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$194.20M | USD | 1 Quarter |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$500.20M | USD | 3 Qtrs |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$162.40M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$704.50M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$697.90M | USD | 3 Qtrs |
| Share-based compensation |
ShareBasedCompensation
|
$61.10M | USD | 3 Qtrs |
| Share-based compensation |
ShareBasedCompensation
|
$78.20M | USD | 3 Qtrs |
| Intangible asset impairment |
GoodwillAndIntangibleAssetImpairment
|
$3.00M | USD | 3 Qtrs |
| Intangible asset impairment |
GoodwillAndIntangibleAssetImpairment
|
$16.30M | USD | 3 Qtrs |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-12.40M | USD | 3 Qtrs |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-64.70M | USD | 3 Qtrs |
| Receivables |
IncreaseDecreaseInReceivables
|
$114.50M | USD | 3 Qtrs |
| Receivables |
IncreaseDecreaseInReceivables
|
$2.00M | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$63.50M | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$95.60M | USD | 3 Qtrs |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.60M | USD | 3 Qtrs |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$22.50M | USD | 3 Qtrs |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$75.60M | USD | 3 Qtrs |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-103.50M | USD | 3 Qtrs |
| Net cash provided by operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$1.07B | USD | 3 Qtrs |
| Net cash provided by operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$1.11B | USD | 3 Qtrs |
| Additions to instruments |
AdditionsToInstruments
|
$203.00M | USD | 3 Qtrs |
| Additions to instruments |
AdditionsToInstruments
|
$192.20M | USD | 3 Qtrs |
| Additions to other property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$124.50M | USD | 3 Qtrs |
| Additions to other property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$94.40M | USD | 3 Qtrs |
| Net investment hedge settlements |
PaymentsForProceedsFromHedgeInvestingActivities
|
$-71.20M | USD | 3 Qtrs |
| Net investment hedge settlements |
PaymentsForProceedsFromHedgeInvestingActivities
|
$2.40M | USD | 3 Qtrs |
| Business combination investments, net of acquired cash |
PaymentsToAcquireBusinessTwoNetOfCashAcquired
|
$99.80M | USD | 3 Qtrs |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$19.50M | USD | 3 Qtrs |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$64.20M | USD | 3 Qtrs |
| Net cash used in investing activities from continuing operations |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-409.50M | USD | 3 Qtrs |
| Net cash used in investing activities from continuing operations |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-319.30M | USD | 3 Qtrs |
| Proceeds from revolving facility |
ProceedsFromLinesOfCredit
|
$220.00M | USD | 3 Qtrs |
| Payments on revolving facility |
RepaymentsOfLinesOfCredit
|
$220.00M | USD | 3 Qtrs |
| Redemption of senior notes |
MaturitiesOfSeniorDebt
|
$750.00M | USD | 3 Qtrs |
| Redemption of senior notes |
MaturitiesOfSeniorDebt
|
$500.00M | USD | 3 Qtrs |
| Proceeds from term loan |
ProceedsFromIssuanceOfSecuredDebt
|
$83.00M | USD | 3 Qtrs |
| Payments on term loans |
RepaymentsOfUnsecuredDebt
|
$242.90M | USD | 3 Qtrs |
| Dividends paid to stockholders |
PaymentsOfDividendsCommonStock
|
$150.80M | USD | 3 Qtrs |
| Dividends paid to stockholders |
PaymentsOfDividendsCommonStock
|
$149.90M | USD | 3 Qtrs |
| Proceeds from employee stock compensation plans |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$117.30M | USD | 3 Qtrs |
| Proceeds from employee stock compensation plans |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$63.20M | USD | 3 Qtrs |
| Distribution from ZimVie, Inc. |
ProceedsFromDividendDistribution
|
$540.60M | USD | 3 Qtrs |
| Business combination contingent consideration payments |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
$6.50M | USD | 3 Qtrs |
| Deferred business combination payments |
PaymentsOfMergerRelatedCostsFinancingActivities
|
$100.00M | USD | 3 Qtrs |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-5.40M | USD | 3 Qtrs |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-11.10M | USD | 3 Qtrs |
| Net cash used in financing activities from continuing operations |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-650.20M | USD | 3 Qtrs |
| Net cash used in financing activities from continuing operations |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-462.30M | USD | 3 Qtrs |
| Net cash (used in) provided by operating activities |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$66.80M | USD | 3 Qtrs |
| Net cash (used in) provided by operating activities |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$-71.50M | USD | 3 Qtrs |
| Net cash used in investing activities |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
$-7.20M | USD | 3 Qtrs |
| Net cash used in investing activities |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
$-38.10M | USD | 3 Qtrs |
| Net cash used in financing activities |
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
$-68.10M | USD | 3 Qtrs |
| Net cash used in financing activities |
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
- | USD | 3 Qtrs |
| Net cash (used in) provided by discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$-146.80M | USD | 3 Qtrs |
| Net cash (used in) provided by discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$28.70M | USD | 3 Qtrs |
| Effect of exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-26.50M | USD | 3 Qtrs |
| Effect of exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-8.40M | USD | 3 Qtrs |
| Increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$117.50M | USD | 3 Qtrs |
| Increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$66.90M | USD | 3 Qtrs |
| Cash and cash equivalents, beginning of year (includes $100.4 and $27.4 at January 1, 2022 and 2021, respectively, of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$545.40M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year (includes $100.4 and $27.4 at January 1, 2022 and 2021, respectively, of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$919.60M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year (includes $100.4 and $27.4 at January 1, 2022 and 2021, respectively, of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$478.50M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year (includes $100.4 and $27.4 at January 1, 2022 and 2021, respectively, of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$802.10M | USD | Point-in-time |
| Cash and cash equivalents, end of period (includes $24.1 at September 30, 2021 of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$545.40M | USD | Point-in-time |
| Cash and cash equivalents, end of period (includes $24.1 at September 30, 2021 of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$919.60M | USD | Point-in-time |
| Cash and cash equivalents, end of period (includes $24.1 at September 30, 2021 of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$478.50M | USD | Point-in-time |
| Cash and cash equivalents, end of period (includes $24.1 at September 30, 2021 of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$802.10M | USD | Point-in-time |
Stockholders Equity
35 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividend declared per share |
CommonStockDividendsPerShareDeclared
|
$0.72 | USD | 3 Qtrs |
| Cash dividend declared per share |
CommonStockDividendsPerShareDeclared
|
$0.24 | USD | 1 Quarter |
| Cash dividend declared per share |
CommonStockDividendsPerShareDeclared
|
$0.24 | USD | 1 Quarter |
| Cash dividend declared per share |
CommonStockDividendsPerShareDeclared
|
$0.72 | USD | 3 Qtrs |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.71B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.58B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.25B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.20B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.12B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.67B | USD | Point-in-time |
| Net earnings |
ProfitLoss
|
$145.80M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$362.60M | USD | 3 Qtrs |
| Net earnings |
ProfitLoss
|
$486.00M | USD | 3 Qtrs |
| Net earnings |
ProfitLoss
|
$194.20M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-300.00K | USD | 3 Qtrs |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-11.10M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-52.40M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-74.40M | USD | 3 Qtrs |
| Cash dividends declared |
DividendsCommonStockCash
|
$151.10M | USD | 3 Qtrs |
| Cash dividends declared |
DividendsCommonStockCash
|
$50.40M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCommonStockCash
|
$50.30M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCommonStockCash
|
$150.30M | USD | 3 Qtrs |
| Reclassifications of net investment hedges |
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationBeforeTax
|
$25.90M | USD | 3 Qtrs |
| Spinoff of ZimVie Inc. |
StockholdersEquityNoteSpinoffTransaction
|
$-10.40M | USD | 1 Quarter |
| Spinoff of ZimVie Inc. |
StockholdersEquityNoteSpinoffTransaction
|
$-728.20M | USD | 3 Qtrs |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$45.50M | USD | 1 Quarter |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$149.90M | USD | 3 Qtrs |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$179.40M | USD | 3 Qtrs |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$46.50M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.71B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.58B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.25B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.20B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.12B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.67B | USD | Point-in-time |
Comprehensive Income
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$194.00M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$145.60M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$485.60M | USD | 3 Qtrs |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$361.90M | USD | 3 Qtrs |
| Foreign currency cumulative translation adjustments, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-36.90M | USD | 1 Quarter |
| Foreign currency cumulative translation adjustments, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-186.40M | USD | 3 Qtrs |
| Foreign currency cumulative translation adjustments, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-95.60M | USD | 1 Quarter |
| Foreign currency cumulative translation adjustments, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-69.60M | USD | 3 Qtrs |
| Unrealized cash flow hedge gains, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$53.90M | USD | 1 Quarter |
| Unrealized cash flow hedge gains, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$133.20M | USD | 3 Qtrs |
| Unrealized cash flow hedge gains, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$60.60M | USD | 3 Qtrs |
| Unrealized cash flow hedge gains, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$18.50M | USD | 1 Quarter |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$14.40M | USD | 1 Quarter |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-1.60M | USD | 1 Quarter |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$28.40M | USD | 3 Qtrs |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-3.40M | USD | 3 Qtrs |
| Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-7.20M | USD | 3 Qtrs |
| Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-5.30M | USD | 3 Qtrs |
| Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-3.70M | USD | 1 Quarter |
| Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-5.70M | USD | 1 Quarter |
| Total Other Comprehensive Loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-300.00K | USD | 3 Qtrs |
| Total Other Comprehensive Loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-11.10M | USD | 1 Quarter |
| Total Other Comprehensive Loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-52.40M | USD | 1 Quarter |
| Total Other Comprehensive Loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-74.40M | USD | 3 Qtrs |
| Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc. |
ComprehensiveIncomeNetOfTax
|
$485.30M | USD | 3 Qtrs |
| Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc. |
ComprehensiveIncomeNetOfTax
|
$134.50M | USD | 1 Quarter |
| Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc. |
ComprehensiveIncomeNetOfTax
|
$141.60M | USD | 1 Quarter |
| Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc. |
ComprehensiveIncomeNetOfTax
|
$287.50M | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.