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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 545.4 $ 378.1
Accounts receivable, less allowance for credit losses 1,278.5 1,259.6
Inventories 2,128.6 2,148.0
Prepaid taxes 234.6 326.7
Prepaid expenses and other current assets 347.3 271.0
Current assets of discontinued operations   501.6
Total Current Assets 4,534.4 4,885.0
Property, plant and equipment, net 1,801.6 1,836.6
Goodwill 8,798.8 8,919.4
Intangible assets, net 5,136.5 5,533.6
Other assets 1,062.0 1,005.0
Noncurrent assets of discontinued operations   1,276.8
Total Assets 21,333.3 23,456.4
Current Liabilities:    
Accounts payable 333.9 306.5
Income taxes payable 30.4 62.0
Customer rebates 115.9 129.5
Other current liabilities 1,156.4 1,187.6
Current portion of long-term debt 659.1 1,605.1
Current liabilities of discontinued operations   177.2
Total Current Liabilities 2,295.7 3,467.9
Deferred income taxes, net 541.3 558.5
Long-term income tax payable 581.3 583.0
Other long-term liabilities 608.7 548.5
Long-term debt 5,055.2 5,463.7
Noncurrent liabilities of discontinued operations   168.4
Total Liabilities 9,082.2 10,790.0
Commitments and Contingencies (Note 16)
Stockholders' Equity:    
Common stock, $0.01 par value, one billion shares authorized, 313.6 million shares in 2022 (312.8 million in 2021) issued 3.1 3.1
Paid-in capital 9,463.9 9,314.8
Retained earnings 9,739.9 10,292.2
Accumulated other comprehensive loss (244.9) (231.6)
Treasury stock, 103.8 million shares in 2022 and 2021 (6,717.3) (6,717.8)
Total Zimmer Biomet Holdings, Inc. stockholders' equity 12,244.7 12,660.7
Noncontrolling interest 6.4 5.7
Total Stockholders' Equity 12,251.1 12,666.4
Total Liabilities and Stockholders' Equity $ 21,333.3 $ 23,456.4