10-Q Filing

ZIMMER BIOMET HOLDINGS, INC. CIK: 1136869 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001564590-19-040417`
Period End Date	20190930
Filing Date	20191105
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	zbh-10q_20190930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 83 Cash Flow Statement 65 Stockholders Equity 34 Comprehensive Income 36

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`	$542.80M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	309.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	307.90M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$512.50M	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`	$1.15B	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$1.28B	USD	Point-in-time
Inventories	`InventoryNet`	$2.26B	USD	Point-in-time
Inventories	`InventoryNet`	$2.36B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$375.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$352.30M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.40B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.43B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.02B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.06B	USD	Point-in-time
Goodwill	`Goodwill`	$9.59B	USD	Point-in-time
Goodwill	`Goodwill`	$9.54B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.68B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.34B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$973.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$405.00M	USD	Point-in-time
Total Assets	`Assets`	$24.13B	USD	Point-in-time
Total Assets	`Assets`	$24.32B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$362.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$355.20M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$100.10M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$142.40M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.32B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.39B	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`	$2.42B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.77B	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxLiabilitiesNoncurrent`	$912.20M	USD	Point-in-time
Deferred income taxes, net	`DeferredTaxLiabilitiesNoncurrent`	$999.50M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$666.20M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$680.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$516.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$350.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.35B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$8.41B	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.23B	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.85B	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, 309.5 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, 309.5 million shares in 2019 (307.9 million in 2018) issued	`CommonStockValue`	$3.10M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$8.87B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$8.69B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.49B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.16B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-187.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-223.20M	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`	$12.08B	USD	Point-in-time
Total Zimmer Biomet Holdings, Inc. stockholders' equity	`StockholdersEquity`	$11.27B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.80M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.00M	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`	$11.74B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.22B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.09B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.28B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$24.32B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$24.13B	USD	Point-in-time

Income Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.86B	USD	3 Qtrs
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.86B	USD	3 Qtrs
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.89B	USD	1 Quarter
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.84B	USD	1 Quarter
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$529.00M	USD	1 Quarter
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$535.70M	USD	1 Quarter
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$1.69B	USD	3 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$1.67B	USD	3 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$146.60M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$147.60M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$447.90M	USD	3 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$436.90M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$95.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$114.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$328.20M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$290.50M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.38B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.47B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$787.70M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$830.10M	USD	1 Quarter
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$3.80M	USD	3 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$3.80M	USD	1 Quarter
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$70.10M	USD	3 Qtrs
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$-900.00K	USD	1 Quarter
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$113.90M	USD	3 Qtrs
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$17.40M	USD	1 Quarter
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$20.30M	USD	3 Qtrs
Quality remediation	`QualityRemediationCosts`	$20.70M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$63.10M	USD	3 Qtrs
Quality remediation	`QualityRemediationCosts`	$32.20M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$112.30M	USD	3 Qtrs
Operating expenses	`CostsAndExpenses`	$1.61B	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$5.06B	USD	3 Qtrs
Operating expenses	`CostsAndExpenses`	$5.04B	USD	3 Qtrs
Operating expenses	`CostsAndExpenses`	$1.65B	USD	1 Quarter
Operating Profit	`OperatingIncomeLoss`	$223.30M	USD	1 Quarter
Operating Profit	`OperatingIncomeLoss`	$245.80M	USD	1 Quarter
Operating Profit	`OperatingIncomeLoss`	$824.30M	USD	3 Qtrs
Operating Profit	`OperatingIncomeLoss`	$800.70M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-9.60M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-4.40M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-8.70M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.20M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-67.50M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-220.80M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-56.80M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-174.50M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$184.60M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$594.80M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$616.60M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$153.60M	USD	1 Quarter
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$-247.40M	USD	1 Quarter
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$-8.50M	USD	1 Quarter
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$71.60M	USD	3 Qtrs
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$-193.50M	USD	3 Qtrs
Net Earnings	`ProfitLoss`	$432.00M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$523.20M	USD	3 Qtrs
Net Earnings	`ProfitLoss`	$810.10M	USD	3 Qtrs
Net Earnings	`ProfitLoss`	$162.10M	USD	1 Quarter
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.30M	USD	3 Qtrs
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$900.00K	USD	1 Quarter
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-800.00K	USD	3 Qtrs
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Net Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$162.20M	USD	1 Quarter
Net Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$521.90M	USD	3 Qtrs
Net Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$810.90M	USD	3 Qtrs
Net Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$431.10M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.80	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.10	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.57	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$3.96	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$2.08	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.55	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.79	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.93	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	203.30M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	204.80M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	203.70M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	205.30M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	204.90M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.30M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	207.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	205.40M	shares	1 Quarter

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$432.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$523.20M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$810.10M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$162.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$752.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$785.70M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$45.30M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$61.60M	USD	3 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$3.80M	USD	3 Qtrs
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$3.80M	USD	1 Quarter
Intangible asset impairment	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$70.10M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-58.30M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-356.30M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-109.50M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-237.40M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$106.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$165.20M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-162.70M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$23.60M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$16.00M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$27.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.37B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.16B	USD	3 Qtrs
Additions to instruments	`AdditionsToInstruments`	$203.70M	USD	3 Qtrs
Additions to instruments	`AdditionsToInstruments`	$239.50M	USD	3 Qtrs
Additions to other property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$155.30M	USD	3 Qtrs
Additions to other property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$115.20M	USD	3 Qtrs
Net investment hedge settlements	`ProceedsFromHedgeInvestingActivities`	$37.50M	USD	3 Qtrs
Investments in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$36.40M	USD	3 Qtrs
Investments in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$15.30M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-334.20M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-591.30M	USD	3 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$749.50M	USD	Point-in-time
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$749.50M	USD	3 Qtrs
Redemption of senior notes	`MaturitiesOfSeniorDebt`	$1.15B	USD	3 Qtrs
Proceeds from multicurrency revolving facility	`ProceedsFromLinesOfCredit`	$400.00M	USD	3 Qtrs
Payments on multicurrency revolving facility	`RepaymentsOfLinesOfCredit`	$400.00M	USD	3 Qtrs
Proceeds from term loans	`ProceedsFromIssuanceOfUnsecuredDebt`	$200.00M	USD	3 Qtrs
Payments on term loans	`RepaymentsOfUnsecuredDebt`	$500.00M	USD	3 Qtrs
Payments on term loans	`RepaymentsOfUnsecuredDebt`	$750.00M	USD	3 Qtrs
Net payments on other debt	`ProceedsFromRepaymentsOfOtherDebt`	$-3.90M	USD	3 Qtrs
Net payments on other debt	`ProceedsFromRepaymentsOfOtherDebt`	$-5.00M	USD	3 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$147.30M	USD	3 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$146.20M	USD	3 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$103.40M	USD	3 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$125.90M	USD	3 Qtrs
Net cash flows from unremitted collections from factoring programs	`NetCashFlowsBetweenTransfereeAndTransferorUnremittedCollectionsFromFactoringPrograms`	$54.60M	USD	3 Qtrs
Net cash flows from unremitted collections from factoring programs	`NetCashFlowsBetweenTransfereeAndTransferorUnremittedCollectionsFromFactoringPrograms`	$15.40M	USD	3 Qtrs
Business combination contingent consideration payments	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$16.70M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.40M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-8.20M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.03B	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-597.20M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-4.30M	USD	3 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-6.80M	USD	3 Qtrs
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-30.30M	USD	3 Qtrs
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$200.00K	USD	3 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$524.40M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$542.80M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$524.60M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$512.50M	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`	$542.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$524.60M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$512.50M	USD	Point-in-time

Stockholders Equity 34 line items

Line Item	Tag	Value	Unit	Period
Cash dividend declared per share	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
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`	$0.72	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.04B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.74B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.22B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.09B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.28B	USD	Point-in-time
Net earnings	`ProfitLoss`	$432.00M	USD	1 Quarter
Net earnings	`ProfitLoss`	$523.20M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$810.10M	USD	3 Qtrs
Net earnings	`ProfitLoss`	$162.10M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-35.80M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-51.40M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-42.00M	USD	3 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.10M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$49.00M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$147.70M	USD	3 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$49.40M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$146.50M	USD	3 Qtrs
Sale of shares in a subsidiary without loss of control	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$5.20M	USD	1 Quarter
Sale of shares in a subsidiary without loss of control	`NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest`	$5.20M	USD	3 Qtrs
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$147.60M	USD	3 Qtrs
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$65.60M	USD	1 Quarter
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$92.10M	USD	1 Quarter
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$182.80M	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.04B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.74B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.22B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.09B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.28B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net Earnings	`ProfitLoss`	$432.00M	USD	1 Quarter
Net Earnings	`ProfitLoss`	$523.20M	USD	3 Qtrs
Net Earnings	`ProfitLoss`	$810.10M	USD	3 Qtrs
Net Earnings	`ProfitLoss`	$162.10M	USD	1 Quarter
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-127.00M	USD	3 Qtrs
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-70.80M	USD	1 Quarter
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-44.00M	USD	1 Quarter
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-60.10M	USD	3 Qtrs
Unrealized cash flow hedge gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$26.10M	USD	1 Quarter
Unrealized cash flow hedge gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$41.00M	USD	3 Qtrs
Unrealized cash flow hedge gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$32.80M	USD	1 Quarter
Unrealized cash flow hedge gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$58.00M	USD	3 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-23.00M	USD	3 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$24.10M	USD	3 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-4.10M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$9.70M	USD	1 Quarter
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-4.00M	USD	3 Qtrs
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.00M	USD	1 Quarter
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-3.00M	USD	1 Quarter
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-7.40M	USD	3 Qtrs
Total Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$-51.40M	USD	1 Quarter
Total Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$-42.00M	USD	3 Qtrs
Total Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$-35.80M	USD	3 Qtrs
Total Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$-5.10M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$157.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$380.60M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$774.30M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$481.20M	USD	3 Qtrs
Comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$900.00K	USD	1 Quarter
Comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-800.00K	USD	3 Qtrs
Comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.30M	USD	3 Qtrs
Comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$775.10M	USD	3 Qtrs
Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$479.90M	USD	3 Qtrs
Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$157.10M	USD	1 Quarter
Comprehensive Income Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$379.70M	USD	1 Quarter

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