10-Q Filing

ZIMMER BIOMET HOLDINGS, INC. CIK: 1136869 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001564590-21-040242`
Period End Date	20210630
Filing Date	20210803
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	zbh-10q_20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 88 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$802.10M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	312.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	311.40M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.04B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	103.80M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	103.80M	shares	Point-in-time
Accounts receivable, less allowance for credit losses	`AccountsReceivableNetCurrent`	$1.42B	USD	Point-in-time
Accounts receivable, less allowance for credit losses	`AccountsReceivableNetCurrent`	$1.45B	USD	Point-in-time
Inventories	`InventoryNet`	$2.53B	USD	Point-in-time
Inventories	`InventoryNet`	$2.45B	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$361.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$377.80M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$5.36B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$5.08B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.01B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.05B	USD	Point-in-time
Goodwill	`Goodwill`	$9.25B	USD	Point-in-time
Goodwill	`Goodwill`	$9.26B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.06B	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.64B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$970.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$969.40M	USD	Point-in-time
Total Assets	`Assets`	$24.22B	USD	Point-in-time
Total Assets	`Assets`	$24.42B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$330.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$360.60M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$41.80M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$59.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.67B	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.48B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$1.05B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$500.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.56B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.93B	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$722.80M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$790.40M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$581.60M	USD	Point-in-time
Long-term income tax payable	`AccruedIncomeTaxesNoncurrent`	$588.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$656.40M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$604.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$7.63B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.80B	USD	Point-in-time
Total Liabilities	`Liabilities`	$12.22B	USD	Point-in-time
Total Liabilities	`Liabilities`	$11.64B	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, 312.5 million shares in 2021 (311.4 million in 2020) issued	`CommonStockValue`	$3.10M	USD	Point-in-time
Common stock, $0.01 par value, one billion shares authorized, 312.5 million shares in 2021 (311.4 million in 2020) issued	`CommonStockValue`	$3.10M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$9.25B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$9.12B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.33B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.09B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-287.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-297.80M	USD	Point-in-time
Treasury stock, 103.8 million shares in 2021 (103.8 million shares in 2020)	`TreasuryStockValue`	$6.72B	USD	Point-in-time
Treasury stock, 103.8 million shares in 2021 (103.8 million shares in 2020)	`TreasuryStockValue`	$6.72B	USD	Point-in-time
Total Zimmer Biomet Holdings, Inc. stockholders' equity	`StockholdersEquity`	$12.19B	USD	Point-in-time
Total Zimmer Biomet Holdings, Inc. stockholders' equity	`StockholdersEquity`	$12.58B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$5.40M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$5.20M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.45B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.39B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.20B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.58B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.64B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.88B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$24.22B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$24.42B	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`	$2.03B	USD	1 Quarter
Net Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.87B	USD	2 Qtrs
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$1.10B	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`	$581.60M	USD	1 Quarter
Cost of products sold, excluding intangible asset amortization	`CostOfGoodsAndServicesSold`	$911.60M	USD	2 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$154.60M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$147.70M	USD	1 Quarter
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$310.10M	USD	2 Qtrs
Intangible asset amortization	`AmortizationOfIntangibleAssets`	$295.30M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$274.90M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$87.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$186.10M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost`	$180.50M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.49B	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$817.40M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.59B	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$665.00M	USD	1 Quarter
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$16.30M	USD	1 Quarter
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$33.00M	USD	1 Quarter
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$645.00M	USD	2 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$16.30M	USD	2 Qtrs
Restructuring and other cost reduction initiatives	`RestructuringAndOtherCostReductionInitiatives`	$41.40M	USD	2 Qtrs
Restructuring and other cost reduction initiatives	`RestructuringAndOtherCostReductionInitiatives`	$73.00M	USD	2 Qtrs
Restructuring and other cost reduction initiatives	`RestructuringAndOtherCostReductionInitiatives`	$28.00M	USD	1 Quarter
Restructuring and other cost reduction initiatives	`RestructuringAndOtherCostReductionInitiatives`	$19.60M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$9.70M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$26.10M	USD	2 Qtrs
Quality remediation	`QualityRemediationCosts`	$11.00M	USD	1 Quarter
Quality remediation	`QualityRemediationCosts`	$21.20M	USD	2 Qtrs
Acquisition, integration, divestiture and related	`AcquisitionIntegrationDivestitureAndRelatedExpenses`	$25.40M	USD	1 Quarter
Acquisition, integration, divestiture and related	`AcquisitionIntegrationDivestitureAndRelatedExpenses`	$6.60M	USD	2 Qtrs
Acquisition, integration, divestiture and related	`AcquisitionIntegrationDivestitureAndRelatedExpenses`	$38.80M	USD	2 Qtrs
Acquisition, integration, divestiture and related	`AcquisitionIntegrationDivestitureAndRelatedExpenses`	$2.20M	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$3.39B	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$3.64B	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$1.81B	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$1.40B	USD	1 Quarter
Operating Profit (Loss)	`OperatingIncomeLoss`	$-627.70M	USD	2 Qtrs
Operating Profit (Loss)	`OperatingIncomeLoss`	$-171.70M	USD	1 Quarter
Operating Profit (Loss)	`OperatingIncomeLoss`	$486.10M	USD	2 Qtrs
Operating Profit (Loss)	`OperatingIncomeLoss`	$220.50M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$3.80M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$8.10M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.80M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$15.40M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-54.70M	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`	$-107.00M	USD	2 Qtrs
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$394.50M	USD	2 Qtrs
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-725.80M	USD	2 Qtrs
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$173.90M	USD	1 Quarter
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-221.90M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-8.50M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$54.30M	USD	2 Qtrs
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-13.70M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$31.40M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$340.20M	USD	2 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$-208.20M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$-717.30M	USD	2 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$142.50M	USD	1 Quarter
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.20M	USD	2 Qtrs
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$600.00K	USD	1 Quarter
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.60M	USD	1 Quarter
Less: Net earnings (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$200.00K	USD	2 Qtrs
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$-715.10M	USD	2 Qtrs
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$141.90M	USD	1 Quarter
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$-206.60M	USD	1 Quarter
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc.	`NetIncomeLoss`	$340.00M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-3.46	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.68	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-1.00	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.63	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.67	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.62	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-3.46	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-1.00	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	208.30M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	206.80M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	206.60M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	208.60M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	210.40M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	210.70M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.80M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.60M	shares	2 Qtrs

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net earnings (loss)	`ProfitLoss`	$340.20M	USD	2 Qtrs
Net earnings (loss)	`ProfitLoss`	$-208.20M	USD	1 Quarter
Net earnings (loss)	`ProfitLoss`	$-717.30M	USD	2 Qtrs
Net earnings (loss)	`ProfitLoss`	$142.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$508.70M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$535.20M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$38.30M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$46.40M	USD	2 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$16.30M	USD	1 Quarter
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$33.00M	USD	1 Quarter
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$645.00M	USD	2 Qtrs
Goodwill and intangible asset impairment	`GoodwillAndIntangibleAssetImpairment`	$16.30M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-37.30M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-46.10M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-5.30M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-272.70M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$94.40M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$122.60M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-56.30M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-233.90M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$55.00M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-53.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$700.40M	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`	$150.50M	USD	2 Qtrs
Additions to other property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$54.70M	USD	2 Qtrs
Additions to other property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$59.20M	USD	2 Qtrs
Net investment hedge settlements	`PaymentsForProceedsFromHedgeInvestingActivities`	$-26.80M	USD	2 Qtrs
Net investment hedge settlements	`PaymentsForProceedsFromHedgeInvestingActivities`	$9.60M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$14.80M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$17.40M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-206.50M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-232.20M	USD	2 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.50B	USD	2 Qtrs
Redemption of senior notes	`MaturitiesOfSeniorDebt`	$1.50B	USD	2 Qtrs
Redemption of senior notes	`MaturitiesOfSeniorDebt`	$200.00M	USD	2 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$99.80M	USD	2 Qtrs
Dividends paid to stockholders	`PaymentsOfDividendsCommonStock`	$99.10M	USD	2 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$61.70M	USD	2 Qtrs
Proceeds from employee stock compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$91.50M	USD	2 Qtrs
Net cash flows from unremitted collections from factoring programs	`NetCashFlowsBetweenTransfereeAndTransferorUnremittedCollectionsFromFactoringPrograms`	$19.60M	USD	2 Qtrs
Business combination contingent consideration payments	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$6.50M	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`	$-6.10M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-9.30M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-224.10M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-92.90M	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`	$-3.80M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$240.30M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$95.50M	USD	2 Qtrs
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$802.10M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.04B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$713.40M	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`	$802.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.04B	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`	$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`	$0.48	USD	2 Qtrs
Cash dividend declared per share	`CommonStockDividendsPerShareDeclared`	$0.48	USD	2 Qtrs
Cash dividend declared per share	`CommonStockDividendsPerShareDeclared`	$0.24	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.45B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.39B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.20B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.64B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.88B	USD	Point-in-time
Net earnings (loss)	`ProfitLoss`	$340.20M	USD	2 Qtrs
Net earnings (loss)	`ProfitLoss`	$-208.20M	USD	1 Quarter
Net earnings (loss)	`ProfitLoss`	$-717.30M	USD	2 Qtrs
Net earnings (loss)	`ProfitLoss`	$142.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-10.70M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-10.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-23.90M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$10.80M	USD	2 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$99.30M	USD	2 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$50.00M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$100.00M	USD	2 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$49.70M	USD	1 Quarter
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$94.70M	USD	2 Qtrs
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$132.90M	USD	2 Qtrs
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$51.30M	USD	1 Quarter
Stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$29.80M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.45B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.39B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.20B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.64B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.88B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net Earnings (Loss)	`ProfitLoss`	$340.20M	USD	2 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$-208.20M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$-717.30M	USD	2 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$142.50M	USD	1 Quarter
Foreign currency cumulative translation adjustments, net of tax	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-13.60M	USD	1 Quarter
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`	$-32.70M	USD	2 Qtrs
Unrealized cash flow hedge gains (losses), net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-22.70M	USD	1 Quarter
Unrealized cash flow hedge gains (losses), net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$2.20M	USD	1 Quarter
Unrealized cash flow hedge gains (losses), net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$32.10M	USD	2 Qtrs
Unrealized cash flow hedge gains (losses), net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$42.10M	USD	2 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$26.60M	USD	2 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$13.10M	USD	1 Quarter
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.80M	USD	2 Qtrs
Reclassification adjustments on hedges, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-2.30M	USD	1 Quarter
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.20M	USD	1 Quarter
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`	$400.00K	USD	2 Qtrs
Adjustments to prior service cost and unrecognized actuarial assumptions, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.10M	USD	1 Quarter
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$10.80M	USD	2 Qtrs
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.30M	USD	1 Quarter
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.70M	USD	1 Quarter
Total Other Comprehensive Income (Loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-23.90M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-218.90M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-741.20M	USD	2 Qtrs
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$132.20M	USD	1 Quarter
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$351.00M	USD	2 Qtrs
Comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$200.00K	USD	2 Qtrs
Comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$600.00K	USD	1 Quarter
Comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.60M	USD	1 Quarter
Comprehensive income (loss) attributable to the noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.20M	USD	2 Qtrs
Comprehensive Income (Loss) Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$350.80M	USD	2 Qtrs
Comprehensive Income (Loss) Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$-739.00M	USD	2 Qtrs
Comprehensive Income (Loss) Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$-217.30M	USD	1 Quarter
Comprehensive Income (Loss) Attributable to Zimmer Biomet Holdings, Inc.	`ComprehensiveIncomeNetOfTax`	$131.60M	USD	1 Quarter

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