10-Q Filing

ZIMMER BIOMET HOLDINGS, INC. CIK: 1136869 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-036314`
Period End Date	20200630
Filing Date	20200805
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	zbh-10q_20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 88 Cash Flow Statement 62 Stockholders Equity 33 Comprehensive Income 36

Balance Sheet 74 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`	310.70M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$713.40M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	309.90M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$617.90M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	103.80M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	103.90M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$1.36B	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$1.06B	USD	Point-in-time
Inventories	`InventoryNet`	$2.50B	USD	Point-in-time
Inventories	`InventoryNet`	$2.38B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$357.10M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$432.40M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.72B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.71B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.08B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.06B	USD	Point-in-time
Goodwill	`Goodwill`	$9.60B	USD	Point-in-time
Goodwill	`Goodwill`	$8.98B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.26B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.94B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$980.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$964.50M	USD	Point-in-time
Total Assets	`Assets`	$24.64B	USD	Point-in-time
Total Assets	`Assets`	$23.65B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$363.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$400.90M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$126.70M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$121.90M	USD	Point-in-time
Salaries, wages and benefits	`EmployeeRelatedLiabilitiesCurrent`	$214.70M	USD	Point-in-time
Salaries, wages and benefits	`EmployeeRelatedLiabilitiesCurrent`	$314.10M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.10B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.01B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$450.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.50B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.16B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.44B	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$840.10M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$804.90M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$689.40M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$685.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$588.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$557.80M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.72B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$7.76B	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.00B	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.25B	USD	Point-in-time
Commitments and Contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, one billion shares authorized, 310.7 million shares in 2020 (309.9 million in 2019) issued	`CommonStockValue`	$3.10M	USD	Point-in-time
Common stock, $0.01 par value, one billion shares authorized, 310.7 million shares in 2020 (309.9 million in 2019) issued	`CommonStockValue`	$3.10M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$8.92B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$9.01B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.43B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.61B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-241.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-265.80M	USD	Point-in-time
Treasury stock, 103.8 million shares in 2020 (103.9 million shares in 2019)	`TreasuryStockValue`	$6.72B	USD	Point-in-time
Treasury stock, 103.8 million shares in 2020 (103.9 million shares in 2019)	`TreasuryStockValue`	$6.72B	USD	Point-in-time
Total Zimmer Biomet Holdings, Inc. stockholders' equity	`StockholdersEquity`	$11.64B	USD	Point-in-time
Total Zimmer Biomet Holdings, Inc. stockholders' equity	`StockholdersEquity`	$12.39B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.70M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.50M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.39B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.88B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.28B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.54B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.64B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.66B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$23.65B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$24.64B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.01B	USD	2 Qtrs
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.23B	USD	1 Quarter
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.99B	USD	1 Quarter
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.96B	USD	2 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$424.50M	USD	1 Quarter
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$911.60M	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`	$1.13B	USD	2 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$147.70M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$295.30M	USD	2 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$146.90M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$290.30M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$213.80M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$87.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$112.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$186.10M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$838.80M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.49B	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$665.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.64B	USD	2 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$70.10M	USD	2 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$645.00M	USD	2 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$33.00M	USD	1 Quarter
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$70.10M	USD	1 Quarter
Restructuring and other cost reduction initiatives	`RestructuringAndOtherCostReductionInitiatives`	$28.00M	USD	1 Quarter
Restructuring and other cost reduction initiatives	`RestructuringAndOtherCostReductionInitiatives`	$6.90M	USD	1 Quarter
Restructuring and other cost reduction initiatives	`RestructuringAndOtherCostReductionInitiatives`	$73.00M	USD	2 Qtrs
Restructuring and other cost reduction initiatives	`RestructuringAndOtherCostReductionInitiatives`	$11.60M	USD	2 Qtrs
Quality remediation	`QualityRemediationCosts`	$26.10M	USD	2 Qtrs
Quality remediation	`QualityRemediationCosts`	$22.70M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$42.40M	USD	2 Qtrs
Quality remediation	`QualityRemediationCosts`	$9.70M	USD	1 Quarter
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$6.60M	USD	2 Qtrs
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$11.10M	USD	2 Qtrs
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$5.10M	USD	1 Quarter
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$2.20M	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$3.64B	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$1.40B	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$3.41B	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$1.78B	USD	1 Quarter
Operating (Loss) Profit	`OperatingIncomeLoss`	$-627.70M	USD	2 Qtrs
Operating (Loss) Profit	`OperatingIncomeLoss`	$554.90M	USD	2 Qtrs
Operating (Loss) Profit	`OperatingIncomeLoss`	$-171.70M	USD	1 Quarter
Operating (Loss) Profit	`OperatingIncomeLoss`	$204.70M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-5.20M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$6.80M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-4.70M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$3.80M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-59.70M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-54.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-104.90M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-117.70M	USD	2 Qtrs
(Loss) earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$140.30M	USD	1 Quarter
(Loss) earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$432.00M	USD	2 Qtrs
(Loss) earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-725.80M	USD	2 Qtrs
(Loss) earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-221.90M	USD	1 Quarter
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$8.40M	USD	1 Quarter
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$53.90M	USD	2 Qtrs
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$-13.70M	USD	1 Quarter
(Benefit) provision for income taxes	`IncomeTaxExpenseBenefit`	$-8.50M	USD	2 Qtrs
Net (Loss) Earnings	`ProfitLoss`	$-208.20M	USD	1 Quarter
Net (Loss) Earnings	`ProfitLoss`	$131.90M	USD	1 Quarter
Net (Loss) Earnings	`ProfitLoss`	$378.10M	USD	2 Qtrs
Net (Loss) Earnings	`ProfitLoss`	$-717.30M	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.20M	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.70M	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.60M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.80M	USD	1 Quarter
Net (Loss) Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$-206.60M	USD	1 Quarter
Net (Loss) Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$133.70M	USD	1 Quarter
Net (Loss) Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$-715.10M	USD	2 Qtrs
Net (Loss) Earnings of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$379.80M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.65	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.86	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-1.00	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-3.46	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.65	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.84	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-3.46	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-1.00	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	204.60M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	206.60M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	206.80M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	204.80M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.20M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.80M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.00M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.60M	shares	2 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net (loss) earnings	`ProfitLoss`	$-208.20M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$131.90M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$378.10M	USD	2 Qtrs
Net (loss) earnings	`ProfitLoss`	$-717.30M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$508.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$500.70M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$38.30M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$40.00M	USD	2 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$70.10M	USD	2 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$645.00M	USD	2 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$33.00M	USD	1 Quarter
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$70.10M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-44.20M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-46.10M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-272.70M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-29.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$122.60M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$83.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-233.90M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-269.80M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$36.60M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-53.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$584.60M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$398.10M	USD	2 Qtrs
Additions to instruments	`AdditionsToInstruments`	$159.30M	USD	2 Qtrs
Additions to instruments	`AdditionsToInstruments`	$144.80M	USD	2 Qtrs
Additions to other property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$96.70M	USD	2 Qtrs
Additions to other property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$59.20M	USD	2 Qtrs
Net investment hedge settlements	`ProceedsFromHedgeInvestingActivities`	$21.30M	USD	2 Qtrs
Net investment hedge settlements	`ProceedsFromHedgeInvestingActivities`	$26.80M	USD	2 Qtrs
Investments in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$14.80M	USD	2 Qtrs
Investments in other assets	`PaymentsForProceedsFromOtherInvestingActivities`	$9.90M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-206.50M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-427.70M	USD	2 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.50B	USD	2 Qtrs
Redemption of senior notes	`MaturitiesOfSeniorDebt`	$1.50B	USD	2 Qtrs
Proceeds from term loans	`ProceedsFromIssuanceOfUnsecuredDebt`	$200.00M	USD	2 Qtrs
Payments on term loans	`RepaymentsOfUnsecuredDebt`	$425.00M	USD	2 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$98.10M	USD	2 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$99.10M	USD	2 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$54.80M	USD	2 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$61.70M	USD	2 Qtrs
Net cash flows from unremitted collections from factoring programs	`NetCashFlowsBetweenTransfereeAndTransferorUnremittedCollectionsFromFactoringPrograms`	$25.60M	USD	2 Qtrs
Net cash flows from unremitted collections from factoring programs	`NetCashFlowsBetweenTransfereeAndTransferorUnremittedCollectionsFromFactoringPrograms`	$19.60M	USD	2 Qtrs
Business combination contingent consideration payments	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$7.50M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$19.40M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-4.90M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.10M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-92.90M	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`	$-3.20M	USD	2 Qtrs
Effect of exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.20M	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-139.70M	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$95.50M	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$713.40M	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, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$617.90M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$713.40M	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
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$617.90M	USD	Point-in-time

Stockholders Equity 33 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`	$0.24	USD	1 Quarter
Cash dividend declared per share	`CommonStockDividendsPerShareDeclared`	$0.48	USD	2 Qtrs
Cash dividend declared per share	`CommonStockDividendsPerShareDeclared`	$0.48	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.39B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.88B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.28B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.64B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.66B	USD	Point-in-time
Net (loss) earnings	`ProfitLoss`	$-208.20M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$131.90M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$378.10M	USD	2 Qtrs
Net (loss) earnings	`ProfitLoss`	$-717.30M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-23.90M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$15.60M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-10.70M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.70M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$98.30M	USD	2 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$49.70M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$49.10M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$99.30M	USD	2 Qtrs
Adoption of new accounting standard	`NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification`	$-3.10M	USD	2 Qtrs
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$28.40M	USD	1 Quarter
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$90.70M	USD	2 Qtrs
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$29.80M	USD	1 Quarter
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$94.70M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.39B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.88B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.28B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.64B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.66B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net (Loss) Earnings	`ProfitLoss`	$-208.20M	USD	1 Quarter
Net (Loss) Earnings	`ProfitLoss`	$131.90M	USD	1 Quarter
Net (Loss) Earnings	`ProfitLoss`	$378.10M	USD	2 Qtrs
Net (Loss) Earnings	`ProfitLoss`	$-717.30M	USD	2 Qtrs
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-31.20M	USD	2 Qtrs
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$23.00M	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
Unrealized cash flow hedge (losses) gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-22.70M	USD	1 Quarter
Unrealized cash flow hedge (losses) gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$32.10M	USD	2 Qtrs
Unrealized cash flow hedge (losses) gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$400.00K	USD	1 Quarter
Unrealized cash flow hedge (losses) gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$14.90M	USD	2 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$6.20M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$13.10M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$26.60M	USD	2 Qtrs
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`	$-2.40M	USD	1 Quarter
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-4.40M	USD	2 Qtrs
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.80M	USD	2 Qtrs
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.10M	USD	1 Quarter
Total Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$15.60M	USD	2 Qtrs
Total Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$-10.70M	USD	1 Quarter
Total Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$-23.90M	USD	2 Qtrs
Total Other Comprehensive (Loss) Income	`OtherComprehensiveIncomeLossNetOfTax`	$11.70M	USD	1 Quarter
Comprehensive (Loss) Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$143.60M	USD	1 Quarter
Comprehensive (Loss) Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$393.70M	USD	2 Qtrs
Comprehensive (Loss) Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-741.20M	USD	2 Qtrs
Comprehensive (Loss) Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-218.90M	USD	1 Quarter
Comprehensive loss attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.20M	USD	2 Qtrs
Comprehensive loss attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.60M	USD	1 Quarter
Comprehensive loss attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.70M	USD	2 Qtrs
Comprehensive loss attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.80M	USD	1 Quarter
Comprehensive (Loss) Income Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$-217.30M	USD	1 Quarter
Comprehensive (Loss) Income Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$-739.00M	USD	2 Qtrs
Comprehensive (Loss) Income Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$145.40M	USD	1 Quarter
Comprehensive (Loss) Income Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$395.40M	USD	2 Qtrs

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