10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950170-23-016663 |
| Period End Date | 20230331 |
| Filing Date | 20230502 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | zbh-20230331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
72 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
|
313.80M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$375.70M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$330.20M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
315.40M | shares | Point-in-time |
| Accounts receivable, less allowance for credit losses |
AccountsReceivableNetCurrent
|
$1.38B | USD | Point-in-time |
| Accounts receivable, less allowance for credit losses |
AccountsReceivableNetCurrent
|
$1.38B | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
106.90M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
104.80M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$2.24B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$2.15B | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$522.90M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$459.50M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$4.43B | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$4.41B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.87B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.91B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$8.73B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$8.58B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$5.07B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$5.06B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.12B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.12B | USD | Point-in-time |
| Total Assets |
Assets
|
$21.24B | USD | Point-in-time |
| Total Assets |
Assets
|
$21.07B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$354.10M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$397.10M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$38.50M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$46.60M | USD | Point-in-time |
| Salaries, wages and benefits |
EmployeeRelatedLiabilitiesCurrent
|
$336.20M | USD | Point-in-time |
| Salaries, wages and benefits |
EmployeeRelatedLiabilitiesCurrent
|
$234.20M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.09B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.07B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$585.00M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$544.30M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$2.36B | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$2.34B | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$474.80M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$484.60M | USD | Point-in-time |
| Long-term income tax payable |
AccruedIncomeTaxesNoncurrent
|
$423.30M | USD | Point-in-time |
| Long-term income tax payable |
AccruedIncomeTaxesNoncurrent
|
$421.20M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$632.60M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$637.40M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.20B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.15B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$9.04B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$9.09B | 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, 315.4 million shares in 2023 (313.8 million in 2022) issued |
CommonStockValue
|
$3.20M | USD | Point-in-time |
| Common stock, $0.01 par value, one billion shares authorized, 315.4 million shares in 2023 (313.8 million in 2022) issued |
CommonStockValue
|
$3.10M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$9.50B | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$9.69B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$9.74B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$9.56B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-178.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-179.30M | USD | Point-in-time |
| Treasury stock, 106.9 million shares as of March 31, 2023 (104.8 million as of December 31, 2022) |
TreasuryStockValue
|
$7.11B | USD | Point-in-time |
| Treasury stock, 106.9 million shares as of March 31, 2023 (104.8 million as of December 31, 2022) |
TreasuryStockValue
|
$6.87B | USD | Point-in-time |
| Total Zimmer Biomet Holdings, Inc. stockholders' equity |
StockholdersEquity
|
$12.15B | USD | Point-in-time |
| Total Zimmer Biomet Holdings, Inc. stockholders' equity |
StockholdersEquity
|
$12.02B | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$6.90M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$6.70M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.16B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.67B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.02B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.03B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$21.07B | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$21.24B | USD | Point-in-time |
Income Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.83B | USD | 1 Quarter |
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.66B | USD | 1 Quarter |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$500.00M | USD | 1 Quarter |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$500.80M | USD | 1 Quarter |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$133.40M | USD | 1 Quarter |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$130.80M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$96.90M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$110.40M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$684.50M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$715.90M | USD | 1 Quarter |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$43.90M | USD | 1 Quarter |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$41.80M | USD | 1 Quarter |
| Quality remediation |
QualityRemediationCosts
|
$6.50M | USD | 1 Quarter |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$1.30M | USD | 1 Quarter |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$2.20M | USD | 1 Quarter |
| Operating expenses |
CostsAndExpenses
|
$1.50B | USD | 1 Quarter |
| Operating expenses |
CostsAndExpenses
|
$1.46B | USD | 1 Quarter |
| Operating Profit |
OperatingIncomeLoss
|
$198.40M | USD | 1 Quarter |
| Operating Profit |
OperatingIncomeLoss
|
$327.30M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$7.70M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-56.10M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-41.10M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-48.20M | USD | 1 Quarter |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$286.80M | USD | 1 Quarter |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$101.20M | USD | 1 Quarter |
| Provision for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$54.10M | USD | 1 Quarter |
| Provision for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$28.00M | USD | 1 Quarter |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$73.20M | USD | 1 Quarter |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$232.80M | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$200.00K | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$200.00K | USD | 1 Quarter |
| Net Earnings from Continuing Operations of Zimmer Biomet Holdings, Inc. |
IncomeLossFromContinuingOperations
|
$73.00M | USD | 1 Quarter |
| Net Earnings from Continuing Operations of Zimmer Biomet Holdings, Inc. |
IncomeLossFromContinuingOperations
|
$232.50M | USD | 1 Quarter |
| Loss from discontinued operations, net of taxes |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
$-58.80M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$232.50M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$14.20M | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$1.11 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.35 | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$-0.28 | USD | 1 Quarter |
| Net Earnings Per Common Share - Basic |
EarningsPerShareBasic
|
$0.07 | USD | 1 Quarter |
| Net Earnings Per Common Share - Basic |
EarningsPerShareBasic
|
$1.11 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.35 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$1.11 | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$-0.28 | USD | 1 Quarter |
| Net Earnings Per Common Share - Diluted |
EarningsPerShareDiluted
|
$0.07 | USD | 1 Quarter |
| Net Earnings Per Common Share - Diluted |
EarningsPerShareDiluted
|
$1.11 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
209.40M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
209.20M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.10M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.40M | shares | 1 Quarter |
Cash Flow Statement
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents including discontinued operations cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
$100.40M | USD | Point-in-time |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$73.20M | USD | 1 Quarter |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$232.80M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$233.80M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$231.80M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$23.20M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$25.00M | USD | 1 Quarter |
| (Gain) loss on investment in ZimVie |
GainLossOnInvestments
|
$-51.00M | USD | 1 Quarter |
| (Gain) loss on investment in ZimVie |
GainLossOnInvestments
|
$2.50M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-2.50M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$21.50M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInReceivables
|
$14.20M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInReceivables
|
$-8.60M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$600.00K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$94.20M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-15.90M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-91.80M | USD | 1 Quarter |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$32.30M | USD | 1 Quarter |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$23.50M | USD | 1 Quarter |
| Net cash provided by operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$307.70M | USD | 1 Quarter |
| Net cash provided by operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$315.70M | USD | 1 Quarter |
| Additions to instruments |
AdditionsToInstruments
|
$56.40M | USD | 1 Quarter |
| Additions to instruments |
AdditionsToInstruments
|
$82.80M | USD | 1 Quarter |
| Additions to other property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$36.40M | USD | 1 Quarter |
| Additions to other property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$46.70M | USD | 1 Quarter |
| Net investment hedge settlements |
PaymentsForProceedsFromHedgeInvestingActivities
|
$-12.70M | USD | 1 Quarter |
| Net investment hedge settlements |
PaymentsForProceedsFromHedgeInvestingActivities
|
$-13.40M | USD | 1 Quarter |
| Business combination investments, net of acquired cash |
PaymentsToAcquireBusinessTwoNetOfCashAcquired
|
$18.90M | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$1.00M | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$14.30M | USD | 1 Quarter |
| Net cash used in investing activities from continuing operations |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-149.40M | USD | 1 Quarter |
| Net cash used in investing activities from continuing operations |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-81.10M | USD | 1 Quarter |
| Proceeds from revolving facility |
ProceedsFromLinesOfCredit
|
$100.00M | USD | 1 Quarter |
| Proceeds from revolving facility |
ProceedsFromLinesOfCredit
|
$370.00M | USD | 1 Quarter |
| Payments on revolving facility |
RepaymentsOfLinesOfCredit
|
$160.00M | USD | 1 Quarter |
| Redemption of senior notes |
MaturitiesOfSeniorDebt
|
$86.30M | USD | 1 Quarter |
| Redemption of senior notes |
MaturitiesOfSeniorDebt
|
$750.00M | USD | 1 Quarter |
| Payment on term loan |
RepaymentsOfUnsecuredDebt
|
$33.90M | USD | 1 Quarter |
| Dividends paid to stockholders |
PaymentsOfDividendsCommonStock
|
$50.20M | USD | 1 Quarter |
| Dividends paid to stockholders |
PaymentsOfDividendsCommonStock
|
$50.30M | USD | 1 Quarter |
| Proceeds from employee stock compensation plans |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$40.50M | USD | 1 Quarter |
| Proceeds from employee stock compensation plans |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$36.00M | USD | 1 Quarter |
| Distribution from ZimVie, Inc. |
ProceedsFromDividendDistribution
|
$540.60M | USD | 1 Quarter |
| Business combination contingent consideration payments |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
$9.60M | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$267.60M | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-3.30M | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-5.10M | USD | 1 Quarter |
| Net cash used in financing activities from continuing operations |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-206.70M | USD | 1 Quarter |
| Net cash used in financing activities from continuing operations |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-122.40M | USD | 1 Quarter |
| Net cash used in operating activities |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
- | USD | 1 Quarter |
| Net cash used in operating activities |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$-78.50M | USD | 1 Quarter |
| Net cash used in investing activities |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
$-7.20M | USD | 1 Quarter |
| Net cash used in investing activities |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
- | USD | 1 Quarter |
| Net cash used in financing activities |
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
$-68.10M | USD | 1 Quarter |
| Net cash used in financing activities |
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
- | USD | 1 Quarter |
| Net cash used in discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$-153.80M | USD | 1 Quarter |
| Effect of exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-1.10M | USD | 1 Quarter |
| Effect of exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$2.90M | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-42.70M | USD | 1 Quarter |
| Decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-45.50M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of year (includes $100.4 at January 1, 2022 of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$435.80M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year (includes $100.4 at January 1, 2022 of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$375.70M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year (includes $100.4 at January 1, 2022 of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$330.20M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year (includes $100.4 at January 1, 2022 of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$478.50M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$435.80M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$375.70M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$330.20M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$478.50M | USD | Point-in-time |
Stockholders Equity
22 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividend declared per share |
CommonStockDividendsPerShareDeclared
|
$0.24 | USD | 1 Quarter |
| Cash dividend declared per share |
CommonStockDividendsPerShareDeclared
|
$0.24 | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.16B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.67B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.02B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.03B | USD | Point-in-time |
| Net earnings |
ProfitLoss
|
$232.80M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$14.40M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$1.30M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$11.60M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCommonStockCash
|
$50.40M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCommonStockCash
|
$50.30M | USD | 1 Quarter |
| Reclassifications of net investment hedges |
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationBeforeTax
|
$25.90M | USD | 1 Quarter |
| Spinoff of ZimVie Inc. |
StockholdersEquityNoteSpinoffTransaction
|
$-717.90M | USD | 1 Quarter |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$56.00M | USD | 1 Quarter |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$71.30M | USD | 1 Quarter |
| Embody acquisition consideration |
StockIssuedDuringPeriodValueAcquisitions
|
$135.00M | USD | 1 Quarter |
| Share repurchases |
TreasuryStockValueAcquiredCostMethod
|
$244.00M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.16B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.67B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.02B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.03B | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$232.50M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$14.20M | USD | 1 Quarter |
| Foreign currency cumulative translation adjustments, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$1.30M | USD | 1 Quarter |
| Foreign currency cumulative translation adjustments, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$12.40M | USD | 1 Quarter |
| Unrealized cash flow hedge gains, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$13.70M | USD | 1 Quarter |
| Unrealized cash flow hedge gains, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$8.80M | USD | 1 Quarter |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$19.00M | USD | 1 Quarter |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$4.30M | USD | 1 Quarter |
| Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-900.00K | USD | 1 Quarter |
| Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$900.00K | USD | 1 Quarter |
| Total Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$1.30M | USD | 1 Quarter |
| Total Other Comprehensive Income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$11.60M | USD | 1 Quarter |
| Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc. |
ComprehensiveIncomeNetOfTax
|
$25.80M | USD | 1 Quarter |
| Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc. |
ComprehensiveIncomeNetOfTax
|
$233.80M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.