10-Q Filing

ZIMMER BIOMET HOLDINGS, INC. CIK: 1136869 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001564590-20-051976`
Period End Date	20200930
Filing Date	20201106
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	zbh-10q_20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 86 Cash Flow Statement 61 Stockholders Equity 32 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
Common stock, shares issued	`CommonStockSharesIssued`	311.10M	shares	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$967.30M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$1.34B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	103.80M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$1.36B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	103.90M	shares	Point-in-time
Inventories	`InventoryNet`	$2.38B	USD	Point-in-time
Inventories	`InventoryNet`	$2.49B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$357.10M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$352.40M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.72B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$5.15B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.04B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.08B	USD	Point-in-time
Goodwill	`Goodwill`	$9.04B	USD	Point-in-time
Goodwill	`Goodwill`	$9.60B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.26B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.85B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$941.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$980.10M	USD	Point-in-time
Total Assets	`Assets`	$24.03B	USD	Point-in-time
Total Assets	`Assets`	$24.64B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$400.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$334.80M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$120.70M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$126.70M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.41B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.36B	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`	$2.27B	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`	$747.80M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$699.70M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$685.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$557.80M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$593.40M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.72B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$7.84B	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.25B	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.15B	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, 311.1 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, 311.1 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`	$9.07B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.80B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.43B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-287.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-241.90M	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`	$11.87B	USD	Point-in-time
Total Zimmer Biomet Holdings, Inc. stockholders' equity	`StockholdersEquity`	$12.39B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$6.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$4.70M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.88B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.39B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.09B	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 Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.28B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$24.03B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$24.64B	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.89B	USD	1 Quarter
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.94B	USD	3 Qtrs
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.86B	USD	3 Qtrs
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.93B	USD	1 Quarter
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$569.40M	USD	1 Quarter
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$1.48B	USD	3 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$1.67B	USD	3 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$535.70M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$445.00M	USD	3 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$436.90M	USD	3 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$146.60M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$149.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$114.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$85.90M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$328.20M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$272.00M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.46B	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$826.40M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$790.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.28B	USD	3 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$70.10M	USD	3 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$645.00M	USD	3 Qtrs
Restructuring and other cost reduction initiatives	`RestructuringAndOtherCostReductionInitiatives`	$17.00M	USD	3 Qtrs
Restructuring and other cost reduction initiatives	`RestructuringAndOtherCostReductionInitiatives`	$16.20M	USD	1 Quarter
Restructuring and other cost reduction initiatives	`RestructuringAndOtherCostReductionInitiatives`	$89.20M	USD	3 Qtrs
Restructuring and other cost reduction initiatives	`RestructuringAndOtherCostReductionInitiatives`	$5.40M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$20.70M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$9.80M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$63.10M	USD	3 Qtrs
Quality remediation	`QualityRemediationCosts`	$35.90M	USD	3 Qtrs
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$-2.60M	USD	1 Quarter
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$9.10M	USD	1 Quarter
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$15.70M	USD	3 Qtrs
Acquisition, integration and related	`AcquisitionIntegrationAndRelatedExpenses`	$8.50M	USD	3 Qtrs
Operating expenses	`CostsAndExpenses`	$5.27B	USD	3 Qtrs
Operating expenses	`CostsAndExpenses`	$1.65B	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$5.06B	USD	3 Qtrs
Operating expenses	`CostsAndExpenses`	$1.63B	USD	1 Quarter
Operating Profit (Loss)	`OperatingIncomeLoss`	$245.80M	USD	1 Quarter
Operating Profit (Loss)	`OperatingIncomeLoss`	$800.70M	USD	3 Qtrs
Operating Profit (Loss)	`OperatingIncomeLoss`	$299.20M	USD	1 Quarter
Operating Profit (Loss)	`OperatingIncomeLoss`	$-328.50M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$17.40M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$10.60M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-4.40M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-9.60M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-158.90M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-174.50M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-54.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-56.80M	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$184.60M	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$255.80M	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-470.00M	USD	3 Qtrs
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$616.60M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-247.40M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$9.70M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-193.50M	USD	3 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$1.20M	USD	3 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$810.10M	USD	3 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$432.00M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$246.10M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$-471.20M	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`	$3.60M	USD	1 Quarter
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.40M	USD	3 Qtrs
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$-472.60M	USD	3 Qtrs
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$810.90M	USD	3 Qtrs
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$431.10M	USD	1 Quarter
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$242.50M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.17	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.10	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.96	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$-2.29	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.16	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.08	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-2.29	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$3.93	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	207.10M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	205.30M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	204.80M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	206.80M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.80M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	208.50M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.30M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	207.00M	shares	1 Quarter

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net Earnings (Loss)	`ProfitLoss`	$810.10M	USD	3 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$432.00M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$246.10M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$-471.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$752.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$767.30M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$62.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$61.60M	USD	3 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$70.10M	USD	3 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$645.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-55.00M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-356.30M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-13.60M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-109.50M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$108.60M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$106.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-162.70M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-131.40M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$16.00M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-57.70M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.16B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$779.40M	USD	3 Qtrs
Additions to instruments	`AdditionsToInstruments`	$222.80M	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`	$89.80M	USD	3 Qtrs
Net investment hedge settlements	`ProceedsFromHedgeInvestingActivities`	$43.00M	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`	$28.30M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-297.90M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-591.30M	USD	3 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.50B	USD	3 Qtrs
Redemption of senior notes	`MaturitiesOfSeniorDebt`	$1.50B	USD	3 Qtrs
Proceeds from term loans	`ProceedsFromIssuanceOfUnsecuredDebt`	$200.00M	USD	3 Qtrs
Payments on term loans	`RepaymentsOfUnsecuredDebt`	$750.00M	USD	3 Qtrs
Net payments on other debt	`ProceedsFromRepaymentsOfOtherDebt`	$-5.00M	USD	3 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$148.70M	USD	3 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$147.30M	USD	3 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$97.70M	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`	$39.60M	USD	3 Qtrs
Net cash flows from unremitted collections from factoring programs	`NetCashFlowsBetweenTransfereeAndTransferorUnremittedCollectionsFromFactoringPrograms`	$15.40M	USD	3 Qtrs
Business combination contingent consideration payments	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$13.00M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$22.30M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.70M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-5.40M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-135.50M	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`	$3.40M	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-30.30M	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$349.40M	USD	3 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$542.80M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$967.30M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$512.50M	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`	$542.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$967.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$512.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$617.90M	USD	Point-in-time

Stockholders Equity 32 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`	$0.72	USD	3 Qtrs
Cash dividend declared per share	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.88B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.39B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.09B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.64B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.28B	USD	Point-in-time
Net (loss) earnings	`ProfitLoss`	$810.10M	USD	3 Qtrs
Net (loss) earnings	`ProfitLoss`	$432.00M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$246.10M	USD	1 Quarter
Net (loss) earnings	`ProfitLoss`	$-471.20M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-35.80M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-21.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-45.20M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-51.40M	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`	$149.10M	USD	3 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$49.80M	USD	1 Quarter
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$154.00M	USD	3 Qtrs
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$59.30M	USD	1 Quarter
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$182.80M	USD	3 Qtrs
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$92.10M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.88B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.39B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.09B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.64B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.66B	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 (Loss)	`ProfitLoss`	$810.10M	USD	3 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$432.00M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$246.10M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$-471.20M	USD	3 Qtrs
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-22.70M	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`	$-60.10M	USD	3 Qtrs
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$8.50M	USD	1 Quarter
Unrealized cash flow hedge (losses) gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$8.70M	USD	3 Qtrs
Unrealized cash flow hedge (losses) gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$26.10M	USD	1 Quarter
Unrealized cash flow hedge (losses) gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$41.00M	USD	3 Qtrs
Unrealized cash flow hedge (losses) gains, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-23.40M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$24.10M	USD	3 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$9.70M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$33.60M	USD	3 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$7.00M	USD	1 Quarter
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-700.00K	USD	1 Quarter
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.50M	USD	3 Qtrs
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-7.40M	USD	3 Qtrs
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-3.00M	USD	1 Quarter
Total Other Comprehensive Loss	`OtherComprehensiveIncomeLossNetOfTax`	$-45.10M	USD	3 Qtrs
Total Other Comprehensive Loss	`OtherComprehensiveIncomeLossNetOfTax`	$-51.40M	USD	1 Quarter
Total Other Comprehensive Loss	`OtherComprehensiveIncomeLossNetOfTax`	$-35.80M	USD	3 Qtrs
Total Other Comprehensive Loss	`OtherComprehensiveIncomeLossNetOfTax`	$-21.20M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$380.60M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$224.90M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-516.30M	USD	3 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$774.30M	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`	$3.50M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$379.70M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$-517.60M	USD	3 Qtrs
Comprehensive Income (Loss) Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$775.10M	USD	3 Qtrs
Comprehensive Income (Loss) Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$221.40M	USD	1 Quarter

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