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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 375.7 $ 378.1
Accounts receivable, less allowance for credit losses 1,381.5 1,259.6
Inventories 2,147.2 2,148.0
Prepaid taxes 198.4 326.7
Prepaid expenses and other current assets 324.5 271.0
Current assets of discontinued operations   501.6
Total Current Assets 4,427.3 4,885.0
Property, plant and equipment, net 1,872.5 1,836.6
Goodwill 8,580.2 8,919.4
Intangible assets, net 5,063.8 5,533.6
Other assets 1,122.2 1,005.0
Noncurrent assets of discontinued operations   1,276.8
Total Assets 21,066.0 23,456.4
Current Liabilities:    
Accounts payable 354.1 306.5
Income taxes payable 38.5 62.0
Other current liabilities 1,421.3 1,317.1
Current portion of long-term debt 544.3 1,605.1
Current liabilities of discontinued operations   177.2
Total Current Liabilities 2,358.2 3,467.9
Deferred income taxes, net 474.8 558.5
Long-term income tax payable 421.2 583.0
Other long-term liabilities 632.6 548.5
Long-term debt 5,152.2 5,463.7
Noncurrent liabilities of discontinued operations   168.4
Total Liabilities 9,039.0 10,790.0
Commitments and Contingencies (Note 21)
Stockholders' Equity:    
Common stock, $0.01 par value, one billion shares authorized,313.8 million (312.8 million in 2021) issued 3.1 3.1
Paid-in capital 9,504.4 9,314.8
Retained earnings 9,559.3 10,292.2
Accumulated other comprehensive loss (179.3) (231.6)
Treasury stock, 104.8 million shares (103.8 million shares in 2021) (6,867.2) (6,717.8)
Total Zimmer Biomet Holdings, Inc. stockholders' equity 12,020.3 12,660.7
Noncontrolling interest 6.7 5.7
Total Stockholders' Equity 12,027.0 12,666.4
Total Liabilities and Stockholders' Equity $ 21,066.0 $ 23,456.4