10-Q Filing

ZIMMER BIOMET HOLDINGS, INC. CIK: 1136869 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001564590-17-016390`
Period End Date	20170630
Filing Date	20170808
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	zbh-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 84 Cash Flow Statement 67 Comprehensive Income 37

Balance Sheet 68 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`	$976.30M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	304.70M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$634.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.46B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$450.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	306.10M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$1.60B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	104.00M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	104.10M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$1.42B	USD	Point-in-time
Inventories	`InventoryNet`	$1.96B	USD	Point-in-time
Inventories	`InventoryNet`	$2.02B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$527.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$465.70M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.66B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.42B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.06B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.04B	USD	Point-in-time
Goodwill	`Goodwill`	$10.64B	USD	Point-in-time
Goodwill	`Goodwill`	$10.87B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$8.54B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$8.79B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$568.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$553.60M	USD	Point-in-time
Total Assets	`Assets`	$26.46B	USD	Point-in-time
Total Assets	`Assets`	$26.68B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$364.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$360.20M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$219.60M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$183.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$575.60M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.33B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.09B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.26B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.38B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.00B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$3.03B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$2.91B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$936.30M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$919.80M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$10.67B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$9.35B	USD	Point-in-time
Total Liabilities	`Liabilities`	$17.01B	USD	Point-in-time
Total Liabilities	`Liabilities`	$16.18B	USD	Point-in-time
Commitments and Contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, one billion shares authorized, 306.1 million shares issued in 2017 (304.7 million in 2016)	`CommonStockValue`	$3.10M	USD	Point-in-time
Common stock, $0.01 par value, one billion shares authorized, 306.1 million shares issued in 2017 (304.7 million in 2016)	`CommonStockValue`	$3.00M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$8.37B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$8.48B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.79B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.47B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-434.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-264.40M	USD	Point-in-time
Treasury stock, 104.0 million shares in 2017 (104.1 million shares in 2016)	`TreasuryStockValue`	$6.73B	USD	Point-in-time
Treasury stock, 104.0 million shares in 2017 (104.1 million shares in 2016)	`TreasuryStockValue`	$6.74B	USD	Point-in-time
Total Zimmer Biomet Holdings, Inc. stockholders' equity	`StockholdersEquity`	$9.67B	USD	Point-in-time
Total Zimmer Biomet Holdings, Inc. stockholders' equity	`StockholdersEquity`	$10.28B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$600.00K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.28B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.67B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$26.68B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$26.46B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`SalesRevenueGoodsNet`	$1.95B	USD	1 Quarter
Net Sales	`SalesRevenueGoodsNet`	$1.93B	USD	1 Quarter
Net Sales	`SalesRevenueGoodsNet`	$3.93B	USD	2 Qtrs
Net Sales	`SalesRevenueGoodsNet`	$3.84B	USD	2 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsSold`	$640.10M	USD	1 Quarter
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsSold`	$1.28B	USD	2 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsSold`	$1.04B	USD	2 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsSold`	$527.70M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$133.80M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$260.40M	USD	2 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$147.70M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$299.70M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$181.20M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$88.60M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$90.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$174.30M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.45B	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.51B	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$748.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$732.00M	USD	1 Quarter
Special items (Note 2)	`SpecialItems`	$268.70M	USD	2 Qtrs
Special items (Note 2)	`SpecialItems`	$226.60M	USD	2 Qtrs
Special items (Note 2)	`SpecialItems`	$137.90M	USD	1 Quarter
Special items (Note 2)	`SpecialItems`	$158.60M	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$3.30B	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$1.73B	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$1.67B	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$3.39B	USD	2 Qtrs
Operating Profit	`OperatingIncomeLoss`	$632.70M	USD	2 Qtrs
Operating Profit	`OperatingIncomeLoss`	$201.60M	USD	1 Quarter
Operating Profit	`OperatingIncomeLoss`	$282.30M	USD	1 Quarter
Operating Profit	`OperatingIncomeLoss`	$447.10M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.80M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-7.60M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-6.70M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-3.90M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$800.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$800.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.10M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$300.00K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$88.10M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$82.30M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$176.30M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$165.20M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$461.60M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$265.30M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$196.40M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$110.50M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$12.30M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-21.80M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$142.20M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$188.30M	USD	2 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$184.10M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$77.00M	USD	2 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$483.40M	USD	2 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$-31.70M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-500.00K	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-200.00K	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-400.00K	USD	1 Quarter
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$483.60M	USD	2 Qtrs
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$77.50M	USD	2 Qtrs
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$184.20M	USD	1 Quarter
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$-31.30M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.39	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.16	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.40	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.38	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.16	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.38	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	199.80M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	201.80M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	199.40M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	201.40M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	203.70M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	199.40M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	203.40M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	202.10M	shares	2 Qtrs
Cash Dividends Declared Per Common Share	`CommonStockDividendsPerShareDeclared`	$0.48	USD	2 Qtrs
Cash Dividends Declared Per Common Share	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Cash Dividends Declared Per Common Share	`CommonStockDividendsPerShareDeclared`	$0.48	USD	2 Qtrs
Cash Dividends Declared Per Common Share	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$184.10M	USD	1 Quarter
Net earnings	`ProfitLoss`	$77.00M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$483.40M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$-31.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$499.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$531.70M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$27.70M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$30.70M	USD	2 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$26.80M	USD	2 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$28.00M	USD	1 Quarter
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$28.00M	USD	2 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$26.80M	USD	1 Quarter
Inventory step-up	`InventoryStepUp`	$286.40M	USD	2 Qtrs
Inventory step-up	`InventoryStepUp`	$30.90M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-210.40M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$13.60M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$120.80M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-228.80M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-60.20M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$68.80M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-141.90M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-203.70M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$130.50M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$80.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$715.90M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$652.40M	USD	2 Qtrs
Additions to instruments	`AdditionsToInstruments`	$172.60M	USD	2 Qtrs
Additions to instruments	`AdditionsToInstruments`	$157.30M	USD	2 Qtrs
Additions to other property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$73.70M	USD	2 Qtrs
Additions to other property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$73.80M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.20M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$273.30M	USD	2 Qtrs
Other business combination investments, net of acquired cash	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$4.00M	USD	2 Qtrs
Other business combination investments, net of acquired cash	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$184.10M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$27.40M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$11.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-170.40M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-262.10M	USD	2 Qtrs
Proceeds from multicurrency revolving facility	`ProceedsFromLinesOfCredit`	$400.00M	USD	2 Qtrs
Payments on multicurrency revolving facility	`RepaymentsOfLinesOfCredit`	$400.00M	USD	2 Qtrs
Redemption of senior notes	`MaturitiesOfSeniorDebt`	$500.00M	USD	2 Qtrs
Payments on term loan	`RepaymentsOfLongTermDebt`	$150.00M	USD	2 Qtrs
Payments on term loan	`RepaymentsOfLongTermDebt`	$500.00M	USD	2 Qtrs
Net payments on other debt	`RepaymentsOfOtherDebt`	$18.80M	USD	2 Qtrs
Net payments on other debt	`RepaymentsOfOtherDebt`	$700.00K	USD	2 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$92.40M	USD	2 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$96.50M	USD	2 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$105.50M	USD	2 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$78.60M	USD	2 Qtrs
Business combination contingent consideration payments	`PaymentsOfMergerRelatedCostsFinancingActivities`	$8.10M	USD	2 Qtrs
Restricted stock withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.20M	USD	2 Qtrs
Restricted stock withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.10M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$415.50M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-656.90M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-953.30M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-11.70M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$19.00M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-483.00M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-184.10M	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$976.30M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$634.10M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.46B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$450.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$976.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$634.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.46B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$450.00M	USD	Point-in-time

Comprehensive Income 37 line items

Line Item	Tag	Value	Unit	Period
Net Earnings (Loss)	`ProfitLoss`	$184.10M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$77.00M	USD	2 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$483.40M	USD	2 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$-31.70M	USD	1 Quarter
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$238.20M	USD	2 Qtrs
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$189.20M	USD	1 Quarter
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$55.60M	USD	2 Qtrs
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-78.60M	USD	1 Quarter
Unrealized cash flow hedge (losses) gains, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$800.00K	USD	1 Quarter
Unrealized cash flow hedge (losses) gains, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-51.10M	USD	2 Qtrs
Unrealized cash flow hedge (losses) gains, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-43.30M	USD	2 Qtrs
Unrealized cash flow hedge (losses) gains, net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-24.80M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$13.50M	USD	2 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$19.70M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$44.10M	USD	2 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$4.50M	USD	1 Quarter
Unrealized gains on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$400.00K	USD	2 Qtrs
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-21.10M	USD	2 Qtrs
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$4.00M	USD	2 Qtrs
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.10M	USD	1 Quarter
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$500.00K	USD	1 Quarter
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-96.40M	USD	1 Quarter
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.30M	USD	2 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$169.60M	USD	2 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$159.40M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-128.10M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$343.50M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$66.70M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$653.00M	USD	2 Qtrs
Comprehensive loss attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-400.00K	USD	2 Qtrs
Comprehensive loss attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-200.00K	USD	1 Quarter
Comprehensive loss attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-600.00K	USD	2 Qtrs
Comprehensive loss attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-400.00K	USD	1 Quarter
Comprehensive Income (Loss) attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$-127.70M	USD	1 Quarter
Comprehensive Income (Loss) attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$343.70M	USD	1 Quarter
Comprehensive Income (Loss) attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$653.40M	USD	2 Qtrs
Comprehensive Income (Loss) attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$67.30M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.