XML 17 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 996.8 $ 1,459.3
Short-term investments 13.4 164.6
Accounts receivable, less allowance for doubtful accounts 1,568.2 1,446.5
Inventories 2,082.9 2,254.1
Prepaid expenses and other current assets 420.7 529.2
Total Current Assets 5,082.0 5,853.7
Property, plant and equipment, net 2,039.0 2,062.6
Goodwill 10,142.9 9,934.2
Intangible assets, net 8,474.2 8,746.3
Other assets 559.2 563.8
Total Assets 26,297.3 27,160.6
Current Liabilities:    
Accounts payable 252.6 284.8
Income taxes payable 165.6 147.2
Other current liabilities 1,096.4 1,185.9
Total Current Liabilities 1,514.6 1,617.9
Deferred income taxes 3,015.1 3,150.2
Other long-term liabilities 989.2 1,005.7
Long-term debt 11,117.4 11,497.4
Total Liabilities $ 16,636.3 $ 17,271.2
Commitments and Contingencies (Note 16)
Stockholders' Equity:    
Common stock, $0.01 par value, one billion shares authorized, 303.3 million shares issued in 2016 (302.7 million in 2015) $ 3.0 $ 3.0
Paid-in capital 8,233.5 8,195.3
Retained earnings 8,407.5 8,347.7
Accumulated other comprehensive loss (242.9) (329.0)
Treasury stock, 104.2 million shares in 2016 (100.0 million shares in 2015) (6,741.4) (6,329.1)
Total Zimmer Biomet Holdings, Inc. stockholders' equity 9,659.7 9,887.9
Noncontrolling interest 1.3 1.5
Total Stockholders' Equity 9,661.0 9,889.4
Total Liabilities and Stockholders' Equity $ 26,297.3 $ 27,160.6