10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950170-23-036456 |
| Period End Date | 20230630 |
| Filing Date | 20230801 |
| Fiscal Year | 2023 |
| Fiscal Period | Q2 |
| XBRL Instance | zbh-20230630_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 |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$319.80M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
313.80M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
315.80M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$375.70M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockCommonShares
|
104.80M | shares | Point-in-time |
| Accounts receivable, less allowance for credit losses |
AccountsReceivableNetCurrent
|
$1.37B | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockCommonShares
|
107.00M | shares | Point-in-time |
| Accounts receivable, less allowance for credit losses |
AccountsReceivableNetCurrent
|
$1.38B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$2.15B | USD | Point-in-time |
| Inventories |
InventoryNet
|
$2.28B | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$522.90M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$425.10M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$4.39B | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$4.43B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.98B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.87B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$8.58B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$8.74B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$5.03B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$5.06B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.16B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.12B | USD | Point-in-time |
| Total Assets |
Assets
|
$21.29B | USD | Point-in-time |
| Total Assets |
Assets
|
$21.07B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$354.60M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$354.10M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$38.50M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$81.60M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.28B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.42B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$520.00M | 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
|
$2.23B | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$474.90M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$474.80M | USD | Point-in-time |
| Long-term income tax payable |
AccruedIncomeTaxesNoncurrent
|
$421.20M | USD | Point-in-time |
| Long-term income tax payable |
AccruedIncomeTaxesNoncurrent
|
$375.70M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$632.60M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$642.00M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.19B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.15B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$8.92B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$9.04B | 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, 315.8 million shares as of June 30, 2023 (313.8 million as of December 31, 2022) issued |
CommonStockValue
|
$3.10M | USD | Point-in-time |
| Common stock, $0.01 par value, one billion shares authorized, 315.8 million shares as of June 30, 2023 (313.8 million as of December 31, 2022) issued |
CommonStockValue
|
$3.20M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$9.77B | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$9.50B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$9.56B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$9.90B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-177.80M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-179.30M | USD | Point-in-time |
| Treasury stock, 107.0 million shares as of June 30, 2023 (104.8 million as of December 31, 2022) |
TreasuryStockValue
|
$7.12B | USD | Point-in-time |
| Treasury stock, 107.0 million shares as of June 30, 2023 (104.8 million as of December 31, 2022) |
TreasuryStockValue
|
$6.87B | USD | Point-in-time |
| Total Zimmer Biomet Holdings, Inc. stockholders' equity |
StockholdersEquity
|
$12.02B | USD | Point-in-time |
| Total Zimmer Biomet Holdings, Inc. stockholders' equity |
StockholdersEquity
|
$12.37B | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$7.10M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$6.70M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.67B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.38B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.12B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.02B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.16B | 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
|
$21.29B | USD | Point-in-time |
Income Statement
99 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.70B | USD | 2 Qtrs |
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.87B | USD | 1 Quarter |
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.44B | USD | 2 Qtrs |
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.78B | USD | 1 Quarter |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$1.03B | USD | 2 Qtrs |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$1.01B | USD | 2 Qtrs |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$525.50M | USD | 1 Quarter |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$511.00M | USD | 1 Quarter |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$271.60M | USD | 2 Qtrs |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$133.00M | USD | 1 Quarter |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$263.80M | USD | 2 Qtrs |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$138.20M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$228.50M | USD | 2 Qtrs |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$196.30M | USD | 2 Qtrs |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$99.40M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$118.10M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$1.38B | USD | 2 Qtrs |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$695.20M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$725.80M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$1.44B | USD | 2 Qtrs |
| Intangible asset impairment |
GoodwillAndIntangibleAssetImpairment
|
$3.00M | USD | 2 Qtrs |
| Intangible asset impairment |
GoodwillAndIntangibleAssetImpairment
|
$3.00M | USD | 1 Quarter |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$57.00M | USD | 1 Quarter |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$100.90M | USD | 2 Qtrs |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$66.30M | USD | 2 Qtrs |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$24.40M | USD | 1 Quarter |
| Quality remediation |
QualityRemediationCosts
|
$14.30M | USD | 2 Qtrs |
| Quality remediation |
QualityRemediationCosts
|
$7.80M | USD | 1 Quarter |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$9.10M | USD | 2 Qtrs |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$7.90M | USD | 1 Quarter |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$-3.30M | USD | 2 Qtrs |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$-5.50M | USD | 1 Quarter |
| Operating expenses |
CostsAndExpenses
|
$1.54B | USD | 1 Quarter |
| Operating expenses |
CostsAndExpenses
|
$1.50B | USD | 1 Quarter |
| Operating expenses |
CostsAndExpenses
|
$3.04B | USD | 2 Qtrs |
| Operating expenses |
CostsAndExpenses
|
$2.97B | USD | 2 Qtrs |
| Operating Profit |
OperatingIncomeLoss
|
$280.90M | USD | 1 Quarter |
| Operating Profit |
OperatingIncomeLoss
|
$479.30M | USD | 2 Qtrs |
| Operating Profit |
OperatingIncomeLoss
|
$656.90M | USD | 2 Qtrs |
| Operating Profit |
OperatingIncomeLoss
|
$329.60M | USD | 1 Quarter |
| Other (expense) income, net |
OtherNonoperatingIncomeExpense
|
$-98.70M | USD | 2 Qtrs |
| Other (expense) income, net |
OtherNonoperatingIncomeExpense
|
$-42.60M | USD | 1 Quarter |
| Other (expense) income, net |
OtherNonoperatingIncomeExpense
|
$-1.20M | USD | 1 Quarter |
| Other (expense) income, net |
OtherNonoperatingIncomeExpense
|
$6.50M | USD | 2 Qtrs |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-99.80M | USD | 2 Qtrs |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-38.80M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-51.60M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-79.90M | USD | 2 Qtrs |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$300.70M | USD | 2 Qtrs |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$276.80M | USD | 1 Quarter |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$563.60M | USD | 2 Qtrs |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$199.50M | USD | 1 Quarter |
| Provision for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$66.90M | USD | 1 Quarter |
| Provision for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$121.00M | USD | 2 Qtrs |
| Provision for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$45.50M | USD | 1 Quarter |
| Provision for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$73.50M | USD | 2 Qtrs |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$154.00M | USD | 1 Quarter |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$442.60M | USD | 2 Qtrs |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$227.20M | USD | 2 Qtrs |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$209.90M | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$500.00K | USD | 2 Qtrs |
| Less: Net earnings attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$200.00K | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$500.00K | USD | 2 Qtrs |
| Less: Net earnings attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$300.00K | USD | 1 Quarter |
| Net Earnings from Continuing Operations of Zimmer Biomet Holdings, Inc. |
IncomeLossFromContinuingOperations
|
$153.70M | USD | 1 Quarter |
| Net Earnings from Continuing Operations of Zimmer Biomet Holdings, Inc. |
IncomeLossFromContinuingOperations
|
$442.10M | USD | 2 Qtrs |
| Net Earnings from Continuing Operations of Zimmer Biomet Holdings, Inc. |
IncomeLossFromContinuingOperations
|
$209.60M | USD | 1 Quarter |
| Net Earnings from Continuing Operations of Zimmer Biomet Holdings, Inc. |
IncomeLossFromContinuingOperations
|
$226.70M | USD | 2 Qtrs |
| Loss from discontinued operations, net of taxes |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
$-58.80M | USD | 2 Qtrs |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$167.90M | USD | 2 Qtrs |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$153.70M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$209.60M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$442.10M | USD | 2 Qtrs |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.73 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$2.12 | USD | 2 Qtrs |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$1.00 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$1.08 | USD | 2 Qtrs |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$-0.28 | USD | 2 Qtrs |
| Net Earnings Per Common Share - Basic |
EarningsPerShareBasic
|
$2.12 | USD | 2 Qtrs |
| Net Earnings Per Common Share - Basic |
EarningsPerShareBasic
|
$0.80 | USD | 2 Qtrs |
| Net Earnings Per Common Share - Basic |
EarningsPerShareBasic
|
$1.00 | USD | 1 Quarter |
| Net Earnings Per Common Share - Basic |
EarningsPerShareBasic
|
$0.73 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$2.10 | USD | 2 Qtrs |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$1.08 | USD | 2 Qtrs |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.73 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$1.00 | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$-0.28 | USD | 2 Qtrs |
| Net Earnings Per Common Share - Diluted |
EarningsPerShareDiluted
|
$2.10 | USD | 2 Qtrs |
| Net Earnings Per Common Share - Diluted |
EarningsPerShareDiluted
|
$0.80 | USD | 2 Qtrs |
| Net Earnings Per Common Share - Diluted |
EarningsPerShareDiluted
|
$0.73 | USD | 1 Quarter |
| Net Earnings Per Common Share - Diluted |
EarningsPerShareDiluted
|
$1.00 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
209.60M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
209.40M | shares | 2 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
209.00M | shares | 2 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
208.60M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
209.90M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.10M | shares | 2 Qtrs |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.30M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.20M | shares | 2 Qtrs |
Cash Flow Statement
77 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
|
$154.00M | USD | 1 Quarter |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$442.60M | USD | 2 Qtrs |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$227.20M | USD | 2 Qtrs |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$209.90M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$466.50M | USD | 2 Qtrs |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$469.30M | USD | 2 Qtrs |
| Share-based compensation |
ShareBasedCompensation
|
$50.80M | USD | 2 Qtrs |
| Share-based compensation |
ShareBasedCompensation
|
$58.90M | USD | 2 Qtrs |
| Intangible asset impairment |
GoodwillAndIntangibleAssetImpairment
|
$3.00M | USD | 2 Qtrs |
| Intangible asset impairment |
GoodwillAndIntangibleAssetImpairment
|
$3.00M | USD | 1 Quarter |
| (Gain) loss on investment in ZimVie Inc. |
GainLossOnInvestments
|
$-33.30M | USD | 1 Quarter |
| (Gain) loss on investment in ZimVie Inc. |
GainLossOnInvestments
|
$2.50M | USD | 2 Qtrs |
| (Gain) loss on investment in ZimVie Inc. |
GainLossOnInvestments
|
$-84.30M | USD | 2 Qtrs |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$13.80M | USD | 2 Qtrs |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$13.00M | USD | 2 Qtrs |
| Receivables |
IncreaseDecreaseInReceivables
|
$-8.00M | USD | 2 Qtrs |
| Receivables |
IncreaseDecreaseInReceivables
|
$81.80M | USD | 2 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$26.40M | USD | 2 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$148.00M | USD | 2 Qtrs |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-185.20M | USD | 2 Qtrs |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-49.90M | USD | 2 Qtrs |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$25.50M | USD | 2 Qtrs |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$1.30M | USD | 2 Qtrs |
| Net cash provided by operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$661.20M | USD | 2 Qtrs |
| Net cash provided by operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$655.60M | USD | 2 Qtrs |
| Additions to instruments |
AdditionsToInstruments
|
$120.60M | USD | 2 Qtrs |
| Additions to instruments |
AdditionsToInstruments
|
$168.30M | USD | 2 Qtrs |
| Additions to other property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$77.30M | USD | 2 Qtrs |
| Additions to other property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$144.00M | USD | 2 Qtrs |
| Net investment hedge settlements |
PaymentsForProceedsFromHedgeInvestingActivities
|
$-33.90M | USD | 2 Qtrs |
| Net investment hedge settlements |
PaymentsForProceedsFromHedgeInvestingActivities
|
$-19.00M | USD | 2 Qtrs |
| Acquisition of intellectual property rights |
PaymentsToAcquireIntangibleAssets
|
$73.30M | USD | 2 Qtrs |
| Business combination investments, net of acquired cash |
PaymentsToAcquireBusinessTwoNetOfCashAcquired
|
$32.90M | USD | 2 Qtrs |
| Business combination investments, net of acquired cash |
PaymentsToAcquireBusinessTwoNetOfCashAcquired
|
$99.80M | USD | 2 Qtrs |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$-7.00M | USD | 2 Qtrs |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$60.50M | USD | 2 Qtrs |
| Net cash used in investing activities from continuing operations |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-392.50M | USD | 2 Qtrs |
| Net cash used in investing activities from continuing operations |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-324.30M | USD | 2 Qtrs |
| Proceeds from revolving facility |
ProceedsFromLinesOfCredit
|
$570.00M | USD | 2 Qtrs |
| Proceeds from revolving facility |
ProceedsFromLinesOfCredit
|
$220.00M | USD | 2 Qtrs |
| Payments on revolving facility |
RepaymentsOfLinesOfCredit
|
$220.00M | USD | 2 Qtrs |
| Payments on revolving facility |
RepaymentsOfLinesOfCredit
|
$425.00M | USD | 2 Qtrs |
| Redemption of senior notes |
MaturitiesOfSeniorDebt
|
$86.30M | USD | 2 Qtrs |
| Redemption of senior notes |
MaturitiesOfSeniorDebt
|
$750.00M | USD | 2 Qtrs |
| Payment on term loan |
RepaymentsOfUnsecuredDebt
|
$33.90M | USD | 2 Qtrs |
| Dividends paid to stockholders |
PaymentsOfDividendsCommonStock
|
$100.50M | USD | 2 Qtrs |
| Dividends paid to stockholders |
PaymentsOfDividendsCommonStock
|
$100.60M | USD | 2 Qtrs |
| Proceeds from employee stock compensation plans |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$45.00M | USD | 2 Qtrs |
| Proceeds from employee stock compensation plans |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$61.10M | USD | 2 Qtrs |
| Distribution from ZimVie Inc. |
ProceedsFromDividendDistribution
|
$540.60M | USD | 2 Qtrs |
| Business combination contingent consideration payments |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
$10.30M | USD | 2 Qtrs |
| Deferred business combination payments |
PaymentsOfMergerRelatedCostsFinancingActivities
|
$4.00M | USD | 2 Qtrs |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$281.90M | USD | 2 Qtrs |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-3.50M | USD | 2 Qtrs |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-5.20M | USD | 2 Qtrs |
| Net cash used in financing activities from continuing operations |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-268.40M | USD | 2 Qtrs |
| Net cash used in financing activities from continuing operations |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-316.10M | USD | 2 Qtrs |
| Net cash used in operating activities |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$-71.50M | USD | 2 Qtrs |
| Net cash used in operating activities |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
- | USD | 2 Qtrs |
| Net cash used in investing activities |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
- | USD | 2 Qtrs |
| Net cash used in investing activities |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
$-7.20M | USD | 2 Qtrs |
| Net cash used in financing activities |
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
- | USD | 2 Qtrs |
| Net cash used in financing activities |
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
$-68.10M | USD | 2 Qtrs |
| Net cash used in discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$-146.80M | USD | 2 Qtrs |
| Effect of exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-13.80M | USD | 2 Qtrs |
| Effect of exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-2.90M | USD | 2 Qtrs |
| Decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-92.10M | USD | 2 Qtrs |
| Decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-55.90M | USD | 2 Qtrs |
| Cash and cash equivalents, beginning of year (includes $100.4 at January 1, 2022 of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$319.80M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year (includes $100.4 at January 1, 2022 of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$386.40M | 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
|
$478.50M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$319.80M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$386.40M | 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
|
$478.50M | USD | Point-in-time |
Stockholders Equity
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividend declared per share |
CommonStockDividendsPerShareDeclared
|
$0.24 | USD | 2 Qtrs |
| Cash dividend declared per share |
CommonStockDividendsPerShareDeclared
|
$0.24 | USD | 1 Quarter |
| Cash dividend declared per share |
CommonStockDividendsPerShareDeclared
|
$0.24 | USD | 2 Qtrs |
| Cash dividend declared per share |
CommonStockDividendsPerShareDeclared
|
$0.24 | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.67B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.38B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.12B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.02B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.16B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.03B | USD | Point-in-time |
| Net earnings |
ProfitLoss
|
$442.60M | USD | 2 Qtrs |
| Net earnings |
ProfitLoss
|
$154.00M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$168.40M | USD | 2 Qtrs |
| Net earnings |
ProfitLoss
|
$209.80M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$200.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$1.50M | USD | 2 Qtrs |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-22.00M | USD | 2 Qtrs |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-33.60M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCommonStockCash
|
$50.10M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCommonStockCash
|
$100.60M | USD | 2 Qtrs |
| Cash dividends declared |
DividendsCommonStockCash
|
$50.30M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCommonStockCash
|
$100.50M | USD | 2 Qtrs |
| Reclassifications of net investment hedges |
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationBeforeTax
|
$25.90M | USD | 2 Qtrs |
| Spinoff of ZimVie Inc. |
StockholdersEquityNoteSpinoffTransaction
|
$-717.90M | USD | 2 Qtrs |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$115.90M | USD | 2 Qtrs |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$104.40M | USD | 2 Qtrs |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$33.10M | USD | 1 Quarter |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$59.90M | USD | 1 Quarter |
| Embody, Inc. acquisition consideration |
StockIssuedDuringPeriodValueAcquisitions
|
$150.50M | USD | 2 Qtrs |
| Embody, Inc. acquisition consideration |
StockIssuedDuringPeriodValueAcquisitions
|
$15.50M | USD | 1 Quarter |
| Share repurchases |
TreasuryStockValueAcquiredCostMethod
|
$258.30M | USD | 2 Qtrs |
| Share repurchases |
TreasuryStockValueAcquiredCostMethod
|
$14.30M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.67B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.38B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.12B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.02B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.16B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.03B | USD | Point-in-time |
Comprehensive Income
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$167.90M | USD | 2 Qtrs |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$153.70M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$209.60M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$442.10M | USD | 2 Qtrs |
| Foreign currency cumulative translation adjustments, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-14.10M | USD | 2 Qtrs |
| Foreign currency cumulative translation adjustments, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-92.10M | USD | 1 Quarter |
| Foreign currency cumulative translation adjustments, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-26.50M | USD | 1 Quarter |
| Foreign currency cumulative translation adjustments, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-90.80M | USD | 2 Qtrs |
| Unrealized cash flow hedge gains, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$47.10M | USD | 1 Quarter |
| Unrealized cash flow hedge gains, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$65.60M | USD | 1 Quarter |
| Unrealized cash flow hedge gains, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$55.90M | USD | 2 Qtrs |
| Unrealized cash flow hedge gains, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$79.30M | USD | 2 Qtrs |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$9.70M | USD | 1 Quarter |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$19.30M | USD | 1 Quarter |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$38.30M | USD | 2 Qtrs |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$14.00M | USD | 2 Qtrs |
| Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-3.50M | USD | 2 Qtrs |
| Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$2.00M | USD | 2 Qtrs |
| Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-2.60M | USD | 1 Quarter |
| Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$1.10M | USD | 1 Quarter |
| Total Other Comprehensive Income (Loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$200.00K | USD | 1 Quarter |
| Total Other Comprehensive Income (Loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$1.50M | USD | 2 Qtrs |
| Total Other Comprehensive Income (Loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-22.00M | USD | 2 Qtrs |
| Total Other Comprehensive Income (Loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-33.60M | USD | 1 Quarter |
| Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc. |
ComprehensiveIncomeNetOfTax
|
$145.90M | USD | 2 Qtrs |
| Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc. |
ComprehensiveIncomeNetOfTax
|
$120.10M | USD | 1 Quarter |
| Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc. |
ComprehensiveIncomeNetOfTax
|
$209.80M | USD | 1 Quarter |
| Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc. |
ComprehensiveIncomeNetOfTax
|
$443.60M | USD | 2 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.