10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950170-23-060232 |
| Period End Date | 20230930 |
| Filing Date | 20231107 |
| Fiscal Year | 2023 |
| Fiscal Period | Q3 |
| XBRL Instance | zbh-20230930_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
|
$375.70M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
313.80M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$292.10M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
316.00M | shares | Point-in-time |
| Accounts receivable, less allowance for credit losses |
AccountsReceivableNetCurrent
|
$1.34B | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockCommonShares
|
104.80M | shares | 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
|
$2.32B | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$522.90M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$415.80M | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$4.43B | USD | Point-in-time |
| Total Current Assets |
AssetsCurrent
|
$4.37B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.87B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$2.03B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$8.58B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$8.71B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$5.06B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$4.89B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.21B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.12B | USD | Point-in-time |
| Total Assets |
Assets
|
$21.22B | 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
|
$319.70M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$38.50M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$97.10M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.42B | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$1.30B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$355.00M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$544.30M | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$2.07B | USD | Point-in-time |
| Total Current Liabilities |
LiabilitiesCurrent
|
$2.36B | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$465.40M | 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
|
$403.10M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$631.90M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$632.60M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.15B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$5.13B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$8.70B | 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, 316.0 million shares as of September 30, 2023 (313.8 million as of December 31, 2022) issued |
CommonStockValue
|
$3.20M | USD | Point-in-time |
| Common stock, $0.01 par value, one billion shares authorized, 316.0 million shares as of September 30, 2023 (313.8 million as of December 31, 2022) issued |
CommonStockValue
|
$3.10M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$9.50B | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$9.80B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$10.01B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$9.56B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-179.30M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-186.50M | USD | Point-in-time |
| Treasury stock, 107.0 million shares as of September 30, 2023 (104.8 million as of December 31, 2022) |
TreasuryStockValue
|
$6.87B | USD | Point-in-time |
| Treasury stock, 107.0 million shares as of September 30, 2023 (104.8 million as of December 31, 2022) |
TreasuryStockValue
|
$7.12B | 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
|
$12.51B | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$6.70M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$7.20M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.52B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.25B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.67B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.12B | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.38B | 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
|
$21.22B | USD | Point-in-time |
Income Statement
98 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$5.11B | USD | 3 Qtrs |
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.67B | USD | 1 Quarter |
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.75B | USD | 1 Quarter |
| Net Sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$5.45B | USD | 3 Qtrs |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$518.60M | USD | 1 Quarter |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$488.20M | USD | 1 Quarter |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$1.54B | USD | 3 Qtrs |
| Cost of products sold, excluding intangible asset amortization |
CostOfGoodsAndServicesSold
|
$1.50B | USD | 3 Qtrs |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$131.50M | USD | 1 Quarter |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$416.60M | USD | 3 Qtrs |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$145.00M | USD | 1 Quarter |
| Intangible asset amortization |
AmortizationOfIntangibleAssets
|
$395.30M | USD | 3 Qtrs |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$101.70M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$345.40M | USD | 3 Qtrs |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$298.00M | USD | 3 Qtrs |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$116.90M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$2.12B | USD | 3 Qtrs |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$654.90M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$674.90M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$2.03B | USD | 3 Qtrs |
| Intangible asset impairment |
GoodwillAndIntangibleAssetImpairment
|
$3.00M | USD | 3 Qtrs |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$129.20M | USD | 3 Qtrs |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$24.30M | USD | 1 Quarter |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$28.30M | USD | 1 Quarter |
| Restructuring and other cost reduction initiatives |
RestructuringAndOtherCostReductionInitiatives
|
$90.60M | USD | 3 Qtrs |
| Quality remediation |
QualityRemediationCosts
|
$22.40M | USD | 3 Qtrs |
| Quality remediation |
QualityRemediationCosts
|
$8.10M | USD | 1 Quarter |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$11.80M | USD | 1 Quarter |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$8.50M | USD | 3 Qtrs |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$16.40M | USD | 3 Qtrs |
| Acquisition, integration, divestiture and related |
AcquisitionIntegrationDivestitureAndRelatedExpenses
|
$7.30M | USD | 1 Quarter |
| Operating expenses |
CostsAndExpenses
|
$1.42B | USD | 1 Quarter |
| Operating expenses |
CostsAndExpenses
|
$1.49B | USD | 1 Quarter |
| Operating expenses |
CostsAndExpenses
|
$4.53B | USD | 3 Qtrs |
| Operating expenses |
CostsAndExpenses
|
$4.39B | USD | 3 Qtrs |
| Operating Profit |
OperatingIncomeLoss
|
$724.60M | USD | 3 Qtrs |
| Operating Profit |
OperatingIncomeLoss
|
$923.50M | USD | 3 Qtrs |
| Operating Profit |
OperatingIncomeLoss
|
$266.60M | USD | 1 Quarter |
| Operating Profit |
OperatingIncomeLoss
|
$245.30M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$10.30M | USD | 3 Qtrs |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$3.80M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-25.40M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-124.10M | USD | 3 Qtrs |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-51.10M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-122.20M | USD | 3 Qtrs |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-150.90M | USD | 3 Qtrs |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-42.30M | USD | 1 Quarter |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$782.80M | USD | 3 Qtrs |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$177.60M | USD | 1 Quarter |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$478.30M | USD | 3 Qtrs |
| Earnings from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$219.20M | USD | 1 Quarter |
| Provision (benefit) for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$177.40M | USD | 3 Qtrs |
| Provision (benefit) for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$-16.60M | USD | 1 Quarter |
| Provision (benefit) for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$56.90M | USD | 3 Qtrs |
| Provision (benefit) for income taxes from continuing operations |
IncomeTaxExpenseBenefit
|
$56.40M | USD | 1 Quarter |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$605.40M | USD | 3 Qtrs |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$421.40M | USD | 3 Qtrs |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$162.80M | USD | 1 Quarter |
| Net Earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$194.20M | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$600.00K | USD | 3 Qtrs |
| 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 |
| Less: Net earnings attributable to noncontrolling interest |
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
$200.00K | USD | 1 Quarter |
| Net Earnings from Continuing Operations of Zimmer Biomet Holdings, Inc. |
IncomeLossFromContinuingOperations
|
$604.80M | USD | 3 Qtrs |
| 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
|
$162.70M | USD | 1 Quarter |
| Net Earnings from Continuing Operations of Zimmer Biomet Holdings, Inc. |
IncomeLossFromContinuingOperations
|
$194.00M | USD | 1 Quarter |
| Loss from discontinued operations, net of taxes |
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
$-58.80M | USD | 3 Qtrs |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$194.00M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$604.80M | USD | 3 Qtrs |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$162.70M | USD | 1 Quarter |
| 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
|
$0.92 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$2.89 | USD | 3 Qtrs |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerBasicShare
|
$2.01 | USD | 3 Qtrs |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$-0.28 | USD | 3 Qtrs |
| Net Earnings Per Common Share - Basic |
EarningsPerShareBasic
|
$2.89 | USD | 3 Qtrs |
| Net Earnings Per Common Share - Basic |
EarningsPerShareBasic
|
$0.78 | USD | 1 Quarter |
| 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
|
$0.92 | USD | 1 Quarter |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$2.88 | USD | 3 Qtrs |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$2.00 | USD | 3 Qtrs |
| Earnings from continuing operations |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.77 | USD | 1 Quarter |
| Loss from discontinued operations |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$-0.28 | USD | 3 Qtrs |
| Net Earnings Per Common Share - Diluted |
EarningsPerShareDiluted
|
$0.77 | USD | 1 Quarter |
| 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
|
$2.88 | USD | 3 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
209.00M | shares | 3 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
209.80M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
208.90M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
209.50M | shares | 3 Qtrs |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.00M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.10M | shares | 3 Qtrs |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.20M | shares | 3 Qtrs |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
210.30M | shares | 1 Quarter |
Cash Flow Statement
75 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
|
$605.40M | USD | 3 Qtrs |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$421.40M | USD | 3 Qtrs |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$162.80M | USD | 1 Quarter |
| Net earnings from continuing operations |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$194.20M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$710.50M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$697.90M | USD | 3 Qtrs |
| Share-based compensation |
ShareBasedCompensation
|
$78.20M | USD | 3 Qtrs |
| Share-based compensation |
ShareBasedCompensation
|
$74.50M | USD | 3 Qtrs |
| Intangible asset impairment |
GoodwillAndIntangibleAssetImpairment
|
$3.00M | USD | 3 Qtrs |
| (Gain) loss on investment in ZimVie Inc. |
GainLossOnInvestments
|
$-30.00M | USD | 1 Quarter |
| (Gain) loss on investment in ZimVie Inc. |
GainLossOnInvestments
|
$2.50M | USD | 3 Qtrs |
| (Gain) loss on investment in ZimVie Inc. |
GainLossOnInvestments
|
$-114.30M | USD | 3 Qtrs |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$23.40M | USD | 3 Qtrs |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-12.40M | USD | 3 Qtrs |
| Receivables |
IncreaseDecreaseInReceivables
|
$-15.50M | USD | 3 Qtrs |
| Receivables |
IncreaseDecreaseInReceivables
|
$114.50M | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$212.20M | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$63.50M | USD | 3 Qtrs |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.60M | USD | 3 Qtrs |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-219.50M | USD | 3 Qtrs |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$2.00M | USD | 3 Qtrs |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$10.80M | USD | 3 Qtrs |
| Net cash provided by operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$993.20M | USD | 3 Qtrs |
| Net cash provided by operating activities from continuing operations |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$1.11B | USD | 3 Qtrs |
| Additions to instruments |
AdditionsToInstruments
|
$232.80M | 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
|
$228.30M | USD | 3 Qtrs |
| Net investment hedge settlements |
PaymentsForProceedsFromHedgeInvestingActivities
|
$-71.20M | USD | 3 Qtrs |
| Net investment hedge settlements |
PaymentsForProceedsFromHedgeInvestingActivities
|
$-27.20M | USD | 3 Qtrs |
| Acquisition of intellectual property rights |
PaymentsToAcquireIntangibleAssets
|
$86.40M | USD | 3 Qtrs |
| Business combination investments, net of acquired cash |
PaymentsToAcquireBusinessTwoNetOfCashAcquired
|
$99.80M | USD | 3 Qtrs |
| Business combination investments, net of acquired cash |
PaymentsToAcquireBusinessTwoNetOfCashAcquired
|
$32.90M | USD | 3 Qtrs |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$5.00M | 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
|
$-558.10M | USD | 3 Qtrs |
| Net payments on revolving facilities |
RepaymentsOfLinesOfCredit
|
$20.00M | USD | 3 Qtrs |
| Redemption of senior notes |
MaturitiesOfSeniorDebt
|
$750.00M | USD | 3 Qtrs |
| Redemption of senior notes |
MaturitiesOfSeniorDebt
|
$86.30M | USD | 3 Qtrs |
| Proceeds from term loan |
ProceedsFromIssuanceOfSecuredDebt
|
$83.00M | USD | 3 Qtrs |
| Payments on term loans |
RepaymentsOfDebt
|
$33.90M | USD | 3 Qtrs |
| Payments on term loans |
RepaymentsOfDebt
|
$242.90M | USD | 3 Qtrs |
| Dividends paid to stockholders |
PaymentsOfDividendsCommonStock
|
$150.80M | USD | 3 Qtrs |
| Dividends paid to stockholders |
PaymentsOfDividendsCommonStock
|
$150.70M | USD | 3 Qtrs |
| Proceeds from employee stock compensation plans |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$63.20M | USD | 3 Qtrs |
| Proceeds from employee stock compensation plans |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$81.80M | USD | 3 Qtrs |
| Distribution from ZimVie Inc. |
ProceedsFromDividendDistribution
|
$540.60M | USD | 3 Qtrs |
| Business combination contingent consideration payments |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
$10.30M | USD | 3 Qtrs |
| Deferred business combination payments |
PaymentsOfMergerRelatedCostsFinancingActivities
|
$4.00M | USD | 3 Qtrs |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$281.90M | USD | 3 Qtrs |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-6.80M | USD | 3 Qtrs |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-5.40M | USD | 3 Qtrs |
| Net cash used in financing activities from continuing operations |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-462.30M | USD | 3 Qtrs |
| Net cash used in financing activities from continuing operations |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-512.10M | USD | 3 Qtrs |
| Net cash used in operating activities |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
- | USD | 3 Qtrs |
| Net cash used in operating activities |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$-71.50M | USD | 3 Qtrs |
| Net cash used in investing activities |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
- | USD | 3 Qtrs |
| Net cash used in investing activities |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
$-7.20M | USD | 3 Qtrs |
| Net cash used in financing activities |
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
- | USD | 3 Qtrs |
| Net cash used in financing activities |
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
$-68.10M | USD | 3 Qtrs |
| Net cash used in discontinued operations |
NetCashProvidedByUsedInDiscontinuedOperations
|
$-146.80M | USD | 3 Qtrs |
| Effect of exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-6.50M | USD | 3 Qtrs |
| Effect of exchange rates on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$-26.50M | USD | 3 Qtrs |
| Change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-83.50M | USD | 3 Qtrs |
| Change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$66.90M | USD | 3 Qtrs |
| Cash and cash equivalents, beginning of year (includes $100.4 at January 1, 2022 of discontinued operations cash) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$292.10M | 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
|
$545.40M | 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
|
$292.10M | 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
|
$545.40M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$478.50M | USD | Point-in-time |
Stockholders Equity
37 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
|
$0.72 | 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 |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.52B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.25B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.67B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.12B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.38B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.03B | USD | Point-in-time |
| Net earnings |
ProfitLoss
|
$162.90M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$194.20M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$605.40M | USD | 3 Qtrs |
| Net earnings |
ProfitLoss
|
$362.60M | USD | 3 Qtrs |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-8.70M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-7.20M | USD | 3 Qtrs |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-52.40M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-74.40M | USD | 3 Qtrs |
| Cash dividends declared |
DividendsCommonStockCash
|
$150.60M | 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
|
$50.10M | USD | 1 Quarter |
| Reclassifications of net investment hedges |
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationBeforeTax
|
$25.90M | USD | 3 Qtrs |
| Spinoff of ZimVie Inc. |
StockholdersEquityNoteSpinoffTransaction
|
$-728.20M | USD | 3 Qtrs |
| Spinoff of ZimVie Inc. |
StockholdersEquityNoteSpinoffTransaction
|
$-10.40M | USD | 1 Quarter |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$149.90M | USD | 3 Qtrs |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$35.40M | USD | 1 Quarter |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$151.30M | USD | 3 Qtrs |
| Stock compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$45.50M | USD | 1 Quarter |
| Embody, Inc. acquisition consideration |
StockIssuedDuringPeriodValueAcquisitions
|
$150.50M | USD | 3 Qtrs |
| Share repurchases |
TreasuryStockValueAcquiredCostMethod
|
$258.30M | USD | 3 Qtrs |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.52B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.25B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.67B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.12B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$12.38B | 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
|
$194.00M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$604.80M | USD | 3 Qtrs |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$162.70M | USD | 1 Quarter |
| Net Earnings of Zimmer Biomet Holdings, Inc. |
NetIncomeLoss
|
$361.90M | USD | 3 Qtrs |
| Foreign currency cumulative translation adjustments, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-36.70M | 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
|
$-186.40M | USD | 3 Qtrs |
| Foreign currency cumulative translation adjustments, net of tax |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-22.70M | 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
|
$89.70M | 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
|
$33.80M | USD | 1 Quarter |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$57.40M | USD | 3 Qtrs |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$14.40M | USD | 1 Quarter |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$28.40M | USD | 3 Qtrs |
| Reclassification adjustments on hedges, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$19.10M | USD | 1 Quarter |
| 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
|
$2.80M | 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
|
$700.00K | USD | 1 Quarter |
| Total Other Comprehensive Loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-8.70M | USD | 1 Quarter |
| Total Other Comprehensive Loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-7.20M | USD | 3 Qtrs |
| 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
|
$597.60M | USD | 3 Qtrs |
| 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 |
| Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc. |
ComprehensiveIncomeNetOfTax
|
$154.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.