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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 415.8 $ 375.7
Accounts receivable, less allowance for credit losses 1,442.4 1,381.5
Inventories 2,385.2 2,147.2
Prepaid expenses and other current assets 366.1 522.9
Total Current Assets 4,609.5 4,427.3
Property, plant and equipment, net 2,060.4 1,872.5
Goodwill 8,818.5 8,580.2
Intangible assets, net 4,856.4 5,063.8
Other assets 1,152.1 1,122.2
Total Assets 21,496.9 21,066.0
Current Liabilities:    
Accounts payable 410.6 354.1
Income taxes payable 61.2 38.5
Other current liabilities 1,485.7 1,421.3
Current portion of long-term debt 900.0 544.3
Total Current Liabilities 2,857.4 2,358.2
Deferred income taxes, net 357.6 474.8
Long-term income tax payable 273.7 421.2
Other long-term liabilities 652.1 632.6
Long-term debt 4,867.9 5,152.2
Total Liabilities 9,008.7 9,039.0
Commitments and Contingencies (Note 21)
Stockholders' Equity:    
Common stock, $0.01 par value, one billion shares authorized, 316.2 million (313.8 million in 2022) issued 3.2 3.1
Paid-in capital 9,846.1 9,504.4
Retained earnings 10,384.5 9,559.3
Accumulated other comprehensive loss (191.0) (179.3)
Treasury stock, 110.6 million shares (104.8 million shares in 2022) (7,562.3) (6,867.2)
Total Zimmer Biomet Holdings, Inc. stockholders' equity 12,480.5 12,020.3
Noncontrolling interest 7.7 6.7
Total Stockholders' Equity 12,488.1 12,027.0
Total Liabilities and Stockholders' Equity $ 21,496.9 $ 21,066.0