10-Q Filing

ZIMMER BIOMET HOLDINGS, INC. CIK: 1136869 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-019495`
Period End Date	20180630
Filing Date	20180806
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	zbh-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 90 Cash Flow Statement 68 Comprehensive Income 35

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
Common stock, shares issued	`CommonStockSharesIssued`	306.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	307.20M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$481.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$524.40M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$1.54B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	103.80M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$1.34B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	103.90M	shares	Point-in-time
Inventories	`InventoryNet`	$2.16B	USD	Point-in-time
Inventories	`InventoryNet`	$2.07B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$428.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$500.20M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.48B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.56B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.99B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.04B	USD	Point-in-time
Goodwill	`Goodwill`	$10.60B	USD	Point-in-time
Goodwill	`Goodwill`	$10.67B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$8.35B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$8.00B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$388.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$436.20M	USD	Point-in-time
Total Assets	`Assets`	$25.49B	USD	Point-in-time
Total Assets	`Assets`	$26.01B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$355.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$330.20M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$211.70M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$165.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.35B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.19B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$100.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.23B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.85B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.07B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.10B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.08B	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$755.00M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$744.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$445.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$343.80M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$9.41B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$8.92B	USD	Point-in-time
Total Liabilities	`Liabilities`	$14.28B	USD	Point-in-time
Total Liabilities	`Liabilities`	$13.45B	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, 307.2 million shares issued in 2018 (306.5 million in 2017)	`CommonStockValue`	$3.10M	USD	Point-in-time
Common stock, $0.01 par value, one billion shares authorized, 307.2 million shares issued in 2018 (306.5 million in 2017)	`CommonStockValue`	$3.10M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$8.60B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$8.51B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.33B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.02B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-83.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-163.00M	USD	Point-in-time
Treasury stock, 103.8 million shares in 2018 (103.9 million shares in 2017)	`TreasuryStockValue`	$6.72B	USD	Point-in-time
Treasury stock, 103.8 million shares in 2018 (103.9 million shares in 2017)	`TreasuryStockValue`	$6.72B	USD	Point-in-time
Total Zimmer Biomet Holdings, Inc. stockholders' equity	`StockholdersEquity`	$11.74B	USD	Point-in-time
Total Zimmer Biomet Holdings, Inc. stockholders' equity	`StockholdersEquity`	$12.04B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-300.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.10M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.04B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.74B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$26.01B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$25.49B	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`SalesRevenueGoodsNet`	$4.03B	USD	2 Qtrs
Net Sales	`SalesRevenueGoodsNet`	$1.95B	USD	1 Quarter
Net Sales	`SalesRevenueGoodsNet`	$3.92B	USD	2 Qtrs
Net Sales	`SalesRevenueGoodsNet`	$2.01B	USD	1 Quarter
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsSold`	$583.70M	USD	1 Quarter
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsSold`	$1.04B	USD	2 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsSold`	$1.16B	USD	2 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsSold`	$527.70M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$147.70M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$149.50M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$299.70M	USD	2 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$300.30M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$183.70M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$194.80M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$92.60M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$99.10M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.59B	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.53B	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$752.20M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$791.30M	USD	1 Quarter
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$26.80M	USD	2 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$26.80M	USD	1 Quarter
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$130.70M	USD	2 Qtrs
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$96.50M	USD	2 Qtrs
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$72.50M	USD	1 Quarter
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$50.50M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$37.50M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$49.90M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$84.30M	USD	2 Qtrs
Quality remediation	`QualityRemediationCosts`	$80.10M	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$1.71B	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$1.67B	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$3.29B	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$3.42B	USD	2 Qtrs
Operating Profit	`OperatingIncomeLoss`	$601.00M	USD	2 Qtrs
Operating Profit	`OperatingIncomeLoss`	$628.20M	USD	2 Qtrs
Operating Profit	`OperatingIncomeLoss`	$280.10M	USD	1 Quarter
Operating Profit	`OperatingIncomeLoss`	$296.00M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.20M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.90M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-1.70M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-6.50M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$800.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.50M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$600.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$300.00K	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$82.30M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$154.80M	USD	2 Qtrs
Interest expense	`InterestExpenseDebt`	$75.90M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$165.20M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$217.80M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$441.20M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$196.40M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$461.60M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-21.80M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$32.90M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$12.30M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$80.10M	USD	2 Qtrs
Net Earnings	`ProfitLoss`	$483.40M	USD	2 Qtrs
Net Earnings	`ProfitLoss`	$184.90M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$184.10M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$361.10M	USD	2 Qtrs
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.40M	USD	2 Qtrs
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-200.00K	USD	2 Qtrs
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Net Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$185.00M	USD	1 Quarter
Net Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$483.60M	USD	2 Qtrs
Net Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$184.20M	USD	1 Quarter
Net Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$359.70M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.77	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$2.40	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.38	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.76	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	201.40M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	203.20M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	201.80M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	203.30M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	203.70M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	204.60M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	203.40M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	204.60M	shares	2 Qtrs
Cash Dividends Declared Per Common Share	`CommonStockDividendsPerShareDeclared`	$0.48	USD	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`	$0.24	USD	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$483.40M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$184.90M	USD	1 Quarter
Net earnings	`ProfitLoss`	$184.10M	USD	1 Quarter
Net earnings	`ProfitLoss`	$361.10M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$531.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$525.10M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$26.00M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$27.70M	USD	2 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$26.80M	USD	2 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$26.80M	USD	1 Quarter
Inventory step-up	`InventoryStepUp`	$30.90M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-42.40M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-210.40M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-226.30M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-177.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$69.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$99.30M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-27.10M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-201.20M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$37.30M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$129.60M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$883.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$715.90M	USD	2 Qtrs
Additions to instruments	`AdditionsToInstruments`	$126.10M	USD	2 Qtrs
Additions to instruments	`AdditionsToInstruments`	$172.60M	USD	2 Qtrs
Additions to other property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$73.80M	USD	2 Qtrs
Additions to other property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$53.70M	USD	2 Qtrs
Other business combination investments, net of acquired cash	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$4.00M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$11.70M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$15.50M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-195.30M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-262.10M	USD	2 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$749.50M	USD	2 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$749.50M	USD	Point-in-time
Payments on senior notes	`RepaymentsOfSeniorDebt`	$1.15B	USD	2 Qtrs
Proceeds from multicurrency revolving facility	`ProceedsFromLinesOfCredit`	$400.00M	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
Payments on multicurrency revolving facility	`RepaymentsOfLinesOfCredit`	$375.00M	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`	$225.00M	USD	2 Qtrs
Net payments on other debt	`ProceedsFromRepaymentsOfOtherDebt`	$-700.00K	USD	2 Qtrs
Net payments on other debt	`ProceedsFromRepaymentsOfOtherDebt`	$-200.00K	USD	2 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$96.50M	USD	2 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$97.40M	USD	2 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$105.50M	USD	2 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$56.40M	USD	2 Qtrs
Net cash flows from unremitted collections from factoring programs	`NetCashFlowsBetweenTransfereeAndTransferorUnremittedCollectionsFromFactoringPrograms`	$62.90M	USD	2 Qtrs
Business combination contingent consideration payments	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$16.70M	USD	2 Qtrs
Business combination contingent consideration payments	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$8.10M	USD	2 Qtrs
Restricted stock withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.80M	USD	2 Qtrs
Restricted stock withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.10M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.90M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-729.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-656.90M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$19.00M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-2.70M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-43.20M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-184.10M	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$450.00M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$634.10M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$481.20M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$524.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$450.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$634.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$481.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$524.40M	USD	Point-in-time

Comprehensive Income 35 line items

Line Item	Tag	Value	Unit	Period
Net Earnings	`ProfitLoss`	$483.40M	USD	2 Qtrs
Net Earnings	`ProfitLoss`	$184.90M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$184.10M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$361.10M	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`	$-83.00M	USD	2 Qtrs
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$238.20M	USD	2 Qtrs
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-177.80M	USD	1 Quarter
Unrealized cash flow hedge gains (losses), net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-51.10M	USD	2 Qtrs
Unrealized cash flow hedge gains (losses), net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-24.80M	USD	1 Quarter
Unrealized cash flow hedge gains (losses), net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$51.60M	USD	1 Quarter
Unrealized cash flow hedge gains (losses), net of tax	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$25.20M	USD	2 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-9.20M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$13.50M	USD	2 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$4.50M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-18.90M	USD	2 Qtrs
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-5.30M	USD	1 Quarter
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$500.00K	USD	1 Quarter
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`	$-2.00M	USD	2 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-111.70M	USD	1 Quarter
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$169.60M	USD	2 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$159.40M	USD	1 Quarter
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-36.90M	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$653.00M	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$343.50M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$73.20M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$324.20M	USD	2 Qtrs
Comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.40M	USD	2 Qtrs
Comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-200.00K	USD	1 Quarter
Comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-400.00K	USD	2 Qtrs
Comprehensive Income (Loss) attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$73.20M	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`	$343.70M	USD	1 Quarter
Comprehensive Income (Loss) attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$322.80M	USD	2 Qtrs

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