XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 386.4 $ 378.1
Accounts receivable, less allowance for credit losses 1,282.1 1,259.6
Inventories 2,122.7 2,148.0
Prepaid expenses and other current assets 671.7 597.7
Current assets of discontinued operations   501.6
Total Current Assets 4,462.9 4,885.0
Property, plant and equipment, net 1,796.6 1,836.6
Goodwill 8,868.9 8,919.4
Intangible assets, net 5,304.4 5,533.6
Other assets 1,019.9 1,005.0
Noncurrent assets of discontinued operations   1,276.8
Total Assets 21,452.7 23,456.4
Current Liabilities:    
Accounts payable 307.1 306.5
Income taxes payable 37.5 62.0
Salaries, wages and benefits 233.2 317.6
Other current liabilities 1,033.9 999.5
Current portion of long-term debt 851.9 1,605.1
Current liabilities of discontinued operations   177.2
Total Current Liabilities 2,463.6 3,467.9
Deferred income taxes, net 526.2 558.5
Long-term income tax payable 591.0 583.0
Other long-term liabilities 575.3 548.5
Long-term debt 5,172.0 5,463.7
Noncurrent liabilities of discontinued operations   168.4
Total Liabilities 9,328.1 10,790.0
Commitments and Contingencies (Note 16)
Stockholders' Equity:    
Common stock, $0.01 par value, one billion shares authorized, 313.4 million shares in 2022 (312.8 million in 2021) issued 3.1 3.1
Paid-in capital 9,418.8 9,314.8
Retained earnings 9,606.5 10,292.2
Accumulated other comprehensive loss (192.5) (231.6)
Treasury stock, 103.8 million shares in 2022 (103.8 million shares in 2021) (6,717.5) (6,717.8)
Total Zimmer Biomet Holdings, Inc. stockholders' equity 12,118.4 12,660.7
Noncontrolling interest 6.2 5.7
Total Stockholders' Equity 12,124.6 12,666.4
Total Liabilities and Stockholders' Equity $ 21,452.7 $ 23,456.4