Revision of Prior Period Financial Statements (Tables)

12 Months Ended

Dec. 31, 2015

Accounting Changes and Error Corrections [Abstract]

Schedule of Prior Period Adjustments

Following is a summary of the financial statement line items impacted by these revisions for the periods presented in this Form 10-K (in millions, except per share amounts).

Revisions to the Consolidated Statements of Earnings and Comprehensive Income (Loss)

	Year Ended December 31, 2014									Year Ended December 31, 2013
	As Reported			Adjustments			As Revised			As Reported			Adjustments			As Revised
Cost of products sold, excluding intangible asset amortization	$	1,242.7		$	0.1		$	1,242.8		$	1,280.1		$	(13.4	)	$	1,266.7
Research and development		187.9			(0.5	)		187.4			203.4			(0.4	)		203.0
Selling, general and administrative		1,744.4			6.3			1,750.7			1,758.8			(9.5	)		1,749.3
Special items		342.5			(1.4	)		341.1			214.0			(3.7	)		210.3
Operating expenses		3,631.5			4.5			3,636.0			3,581.8			(27.0	)		3,554.8
Earnings before income taxes		943.9			(4.5	)		939.4			981.1			27.0			1,008.1
Provision for income taxes		224.9			(4.7	)		220.2			221.9			7.6			229.5
Net earnings		719.0			0.2			719.2			759.2			19.4			778.6
Net Earnings of Zimmer Holdings, Inc.	$	720.1		$	0.2		$	720.3		$	761.0		$	19.4		$	780.4
Earnings Per Common Share - Basic	$	4.26		$	–		$	4.26		$	4.49		$	0.11		$	4.60
Earnings Per Common Share - Diluted	$	4.19		$	0.01		$	4.20		$	4.43		$	0.11		$	4.54
Foreign currency cumulative translation adjustments	$	(241.5	)	$	18.4		$	(223.1	)	$	(44.4	)	$	9.4		$	(35.0	)
Total Other Comprehensive Income (Loss)		(281.2	)		18.4			(262.8	)		23.2			9.4			32.6
Comprehensive Income		437.8			18.6			456.4			782.4			28.8			811.2
Comprehensive Income Attributable to Zimmer Holdings, Inc.		438.8			18.6			457.4			784.4			28.8			813.2

Revisions to the Consolidated Balance Sheet

	December 31, 2014
	As Reported		Adjustments			As Revised
Inventories	$	1,169.0	$	24.3		$	1,193.3
Total Current Assets		4,289.0		24.3			4,313.3
Property, plant and equipment, net		1,288.8		(3.5	)		1,285.3
Other assets		939.2		2.5			941.7
Total Assets		9,634.7		23.3			9,658.0
Accounts payable		167.1		(21.9	)		145.2
Income taxes payable		72.4		7.9			80.3
Other current liabilities		798.5		–			798.5
Total Current Liabilities		1,038.0		(14.0	)		1,024.0
Long-term income tax payable		181.7		8.2			189.9
Total Liabilities		3,112.1		(5.8	)		3,106.3
Retained earnings		8,285.2		76.9			8,362.1
Accumulated other comprehensive income		85.9		(47.8	)		38.1
Total Zimmer Holdings, Inc. stockholders’ equity		6,520.8		29.1			6,549.9
Total Stockholders’ Equity		6,522.6		29.1			6,551.7
Total Liabilities and Stockholders’ Equity		9,634.7		23.3			9,658.0

Revisions to the Consolidated Statements of Cash Flows

	Year ended December 31, 2014									Year ended December 31, 2013
	As Reported			Adjustments			As Revised			As Reported			Adjustments			As Revised
Net earnings	$	719.0		$	0.2		$	719.2		$	759.2		$	19.4		$	778.6
Deferred income tax provision		(84.2	)		(6.3	)		(90.5	)		(126.2	)		–			(126.2	)
Changes in operating assets and liabilities, net of effect of acquisitions:
Income taxes payable		(51.9	)		1.5			(50.4	)		96.8			7.6			104.4
Inventories		(154.1	)		(10.5	)		(164.6	)		(128.4	)		(19.7	)		(148.1	)
Accounts payable and accrued expenses		120.1			(11.7	)		108.4			38.3			(4.7	)		33.6
Other assets and liabilities		87.6			26.8			114.4			(47.1	)		(2.6	)		(49.7	)