XML 15 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Net Sales $ 1,904.0 $ 1,134.4
Cost of products sold, excluding intangible asset amortization 635.2 284.9
Intangible asset amortization 126.6 20.4
Research and development 85.7 48.3
Selling, general and administrative 716.9 424.1
Special items (Note 2) 94.1 86.8
Operating expenses 1,658.5 864.5
Operating Profit 245.5 269.9
Other expense, net (3.8) (22.6)
Interest income 1.3 2.6
Interest expense (88.2) (23.1)
Earnings before income taxes 154.8 226.8
Provision for income taxes 49.0 55.7
Net Earnings 105.8 171.1
Less: Net loss attributable to noncontrolling interest (0.1) (0.3)
Net Earnings of Zimmer Biomet Holdings, Inc. $ 105.9 $ 171.4
Earnings Per Common Share    
Basic $ 0.53 $ 1.01
Diluted $ 0.52 $ 0.99
Weighted Average Common Shares Outstanding    
Basic 200.1 170.0
Diluted 202.0 172.9
Cash Dividends Declared Per Common Share $ 0.24 $ 0.22