10-Q Filing

ZIMMER BIOMET HOLDINGS, INC. CIK: 1136869 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001564590-19-028842`
Period End Date	20190630
Filing Date	20190805
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	zbh-10q_20190630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 82 Cash Flow Statement 63 Stockholders Equity 32 Comprehensive Income 35

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`	$403.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$542.80M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	308.80M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	307.90M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$1.28B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	103.90M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	103.90M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$1.25B	USD	Point-in-time
Inventories	`InventoryNet`	$2.26B	USD	Point-in-time
Inventories	`InventoryNet`	$2.34B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$352.30M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$396.50M	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`	$2.04B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.02B	USD	Point-in-time
Goodwill	`Goodwill`	$9.59B	USD	Point-in-time
Goodwill	`Goodwill`	$9.59B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.52B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.68B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$405.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$660.80M	USD	Point-in-time
Total Assets	`Assets`	$24.13B	USD	Point-in-time
Total Assets	`Assets`	$24.21B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$362.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$347.50M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$144.70M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$142.40M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.39B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.19B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.00B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$525.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.68B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.42B	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxLiabilitiesNoncurrent`	$999.50M	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxLiabilitiesNoncurrent`	$949.90M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$666.20M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$677.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$350.00M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$518.60M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$8.41B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.72B	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.85B	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.54B	USD	Point-in-time
Commitments and Contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, one billion shares authorized, 308.8 million shares in 2019 (307.9 million in 2018) issued	`CommonStockValue`	$3.10M	USD	Point-in-time
Common stock, $0.01 par value, one billion shares authorized, 308.8 million shares in 2019 (307.9 million in 2018) issued	`CommonStockValue`	$3.10M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$8.78B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$8.69B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.77B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.49B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-171.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-187.40M	USD	Point-in-time
Treasury stock, 103.9 million shares in 2019 (103.9 million shares in 2018)	`TreasuryStockValue`	$6.72B	USD	Point-in-time
Treasury stock, 103.9 million shares in 2019 (103.9 million shares in 2018)	`TreasuryStockValue`	$6.72B	USD	Point-in-time
Total Zimmer Biomet Holdings, Inc. stockholders' equity	`StockholdersEquity`	$11.27B	USD	Point-in-time
Total Zimmer Biomet Holdings, Inc. stockholders' equity	`StockholdersEquity`	$11.66B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.80M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.10M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.04B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.66B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.54B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.74B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.00B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.28B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$24.13B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$24.21B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.03B	USD	2 Qtrs
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.99B	USD	1 Quarter
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.01B	USD	1 Quarter
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.96B	USD	2 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$1.16B	USD	2 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$1.13B	USD	2 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$581.30M	USD	1 Quarter
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$583.70M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$290.30M	USD	2 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$146.90M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$149.50M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$300.30M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$194.80M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$213.80M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$112.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$99.10M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$791.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.64B	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$840.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.59B	USD	2 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$70.10M	USD	2 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$70.10M	USD	1 Quarter
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$96.50M	USD	2 Qtrs
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$50.50M	USD	1 Quarter
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$10.50M	USD	1 Quarter
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$21.20M	USD	2 Qtrs
Quality remediation	`QualityRemediationCosts`	$42.40M	USD	2 Qtrs
Quality remediation	`QualityRemediationCosts`	$22.70M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$37.50M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$80.10M	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$1.71B	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$1.78B	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$3.41B	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$3.42B	USD	2 Qtrs
Operating Profit	`OperatingIncomeLoss`	$554.90M	USD	2 Qtrs
Operating Profit	`OperatingIncomeLoss`	$601.00M	USD	2 Qtrs
Operating Profit	`OperatingIncomeLoss`	$296.00M	USD	1 Quarter
Operating Profit	`OperatingIncomeLoss`	$204.70M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-4.70M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-6.50M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-5.20M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.90M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-75.30M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-117.70M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-153.30M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-59.70M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$441.20M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$432.00M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$140.30M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$217.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$32.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$80.10M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$53.90M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.40M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$131.90M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$378.10M	USD	2 Qtrs
Net Earnings	`ProfitLoss`	$361.10M	USD	2 Qtrs
Net Earnings	`ProfitLoss`	$184.90M	USD	1 Quarter
Less: Net (loss) earnings attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.80M	USD	1 Quarter
Less: Net (loss) earnings attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.70M	USD	2 Qtrs
Less: Net (loss) earnings attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.40M	USD	2 Qtrs
Less: Net (loss) earnings attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Net Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$133.70M	USD	1 Quarter
Net Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$359.70M	USD	2 Qtrs
Net Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$185.00M	USD	1 Quarter
Net Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$379.80M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.77	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.65	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.91	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.86	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.76	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.65	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.84	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	204.60M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	203.20M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	203.30M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	204.80M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.20M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.00M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	204.60M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	204.60M	shares	2 Qtrs

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$131.90M	USD	1 Quarter
Net earnings	`ProfitLoss`	$378.10M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$361.10M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$184.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$500.70M	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`	$40.00M	USD	2 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$70.10M	USD	2 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$70.10M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-42.40M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-44.20M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-177.70M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-29.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$99.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$83.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-269.80M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-27.10M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$36.60M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$37.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$584.60M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$883.80M	USD	2 Qtrs
Additions to instruments	`AdditionsToInstruments`	$144.80M	USD	2 Qtrs
Additions to instruments	`AdditionsToInstruments`	$126.10M	USD	2 Qtrs
Additions to other property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$96.70M	USD	2 Qtrs
Additions to other property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$53.70M	USD	2 Qtrs
Net investment hedge settlements	`ProceedsFromHedgeInvestingActivities`	$21.30M	USD	2 Qtrs
Investments in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$9.90M	USD	2 Qtrs
Investments in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$15.50M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-427.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-195.30M	USD	2 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$749.50M	USD	Point-in-time
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$749.50M	USD	2 Qtrs
Redemption of senior notes	`MaturitiesOfSeniorDebt`	$1.15B	USD	2 Qtrs
Proceeds from multicurrency revolving facility	`ProceedsFromLinesOfCredit`	$400.00M	USD	2 Qtrs
Payments on multicurrency revolving facility	`RepaymentsOfLinesOfCredit`	$375.00M	USD	2 Qtrs
Proceeds from term loans	`ProceedsFromIssuanceOfUnsecuredDebt`	$200.00M	USD	2 Qtrs
Payments on term loans	`RepaymentsOfLongTermDebt`	$425.00M	USD	2 Qtrs
Payments on term loans	`RepaymentsOfLongTermDebt`	$225.00M	USD	2 Qtrs
Net payments on other debt	`ProceedsFromRepaymentsOfOtherDebt`	$-200.00K	USD	2 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$97.40M	USD	2 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$98.10M	USD	2 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$56.40M	USD	2 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$54.80M	USD	2 Qtrs
Net cash flows from unremitted collections from factoring programs	`NetCashFlowsBetweenTransfereeAndTransferorUnremittedCollectionsFromFactoringPrograms`	$62.90M	USD	2 Qtrs
Net cash flows from unremitted collections from factoring programs	`NetCashFlowsBetweenTransfereeAndTransferorUnremittedCollectionsFromFactoringPrograms`	$25.60M	USD	2 Qtrs
Business combination contingent consideration payments	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$16.70M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.90M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-7.70M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-729.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-298.80M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.20M	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`	$-139.70M	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$524.40M	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`	$403.10M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$542.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$524.40M	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`	$403.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$542.80M	USD	Point-in-time

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Cash dividend declared per share	`CommonStockDividendsPerShareDeclared`	$0.48	USD	2 Qtrs
Cash dividend declared per share	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Cash dividend declared per share	`CommonStockDividendsPerShareDeclared`	$0.48	USD	2 Qtrs
Cash dividend declared per share	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.04B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.74B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.00B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.28B	USD	Point-in-time
Net earnings	`ProfitLoss`	$131.90M	USD	1 Quarter
Net earnings	`ProfitLoss`	$378.10M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$361.10M	USD	2 Qtrs
Net earnings	`ProfitLoss`	$184.90M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-36.90M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-111.60M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.70M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$15.60M	USD	2 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$49.10M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$97.50M	USD	2 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$48.80M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$98.30M	USD	2 Qtrs
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$90.70M	USD	2 Qtrs
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$28.40M	USD	1 Quarter
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$20.20M	USD	1 Quarter
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$82.00M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.04B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.74B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.00B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.28B	USD	Point-in-time

Comprehensive Income 35 line items

Line Item	Tag	Value	Unit	Period
Net Earnings	`ProfitLoss`	$131.90M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$378.10M	USD	2 Qtrs
Net Earnings	`ProfitLoss`	$361.10M	USD	2 Qtrs
Net Earnings	`ProfitLoss`	$184.90M	USD	1 Quarter
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$10.70M	USD	2 Qtrs
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$15.10M	USD	1 Quarter
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-177.80M	USD	1 Quarter
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-83.00M	USD	2 Qtrs
Unrealized cash flow hedge gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$400.00K	USD	1 Quarter
Unrealized cash flow hedge gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$14.90M	USD	2 Qtrs
Unrealized cash flow hedge gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$25.20M	USD	2 Qtrs
Unrealized cash flow hedge gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$51.60M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-18.90M	USD	2 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$6.20M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-9.20M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$14.40M	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`	$-5.30M	USD	1 Quarter
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.40M	USD	1 Quarter
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-4.40M	USD	2 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$11.70M	USD	1 Quarter
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-36.90M	USD	2 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-111.70M	USD	1 Quarter
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$15.60M	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$324.20M	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$73.20M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$393.70M	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$143.60M	USD	1 Quarter
Comprehensive (loss) income attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.70M	USD	2 Qtrs
Comprehensive (loss) income attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.80M	USD	1 Quarter
Comprehensive (loss) income attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.40M	USD	2 Qtrs
Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$395.40M	USD	2 Qtrs
Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$73.20M	USD	1 Quarter
Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$145.40M	USD	1 Quarter
Comprehensive Income 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.