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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 292.1 $ 375.7
Accounts receivable, less allowance for credit losses 1,340.7 1,381.5
Inventories 2,323.3 2,147.2
Prepaid expenses and other current assets 415.8 522.9
Total Current Assets 4,372.0 4,427.3
Property, plant and equipment, net 2,032.2 1,872.5
Goodwill 8,710.4 8,580.2
Intangible assets, net 4,891.7 5,063.8
Other assets 1,211.0 1,122.2
Total Assets 21,217.3 21,066.0
Current Liabilities:    
Accounts payable 319.7 354.1
Income taxes payable 97.1 38.5
Other current liabilities 1,299.8 1,421.3
Current portion of long-term debt 355.0 544.3
Total Current Liabilities 2,071.5 2,358.2
Deferred income taxes, net 465.4 474.8
Long-term income tax payable 403.1 421.2
Other long-term liabilities 631.9 632.6
Long-term debt 5,127.4 5,152.2
Total Liabilities 8,699.3 9,039.0
Commitments and Contingencies (Note 16)
Stockholders' Equity:    
Common stock, $0.01 par value, one billion shares authorized, 316.0 million shares as of September 30, 2023 (313.8 million as of December 31, 2022) issued 3.2 3.1
Paid-in capital 9,801.4 9,504.4
Retained earnings 10,014.9 9,559.3
Accumulated other comprehensive loss (186.5) (179.3)
Treasury stock, 107.0 million shares as of September 30, 2023 (104.8 million as of December 31, 2022) (7,122.2) (6,867.2)
Total Zimmer Biomet Holdings, Inc. stockholders' equity 12,510.8 12,020.3
Noncontrolling interest 7.2 6.7
Total Stockholders' Equity 12,518.0 12,027.0
Total Liabilities and Stockholders' Equity $ 21,217.3 $ 21,066.0