Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current Assets:
Cash and cash equivalents	$ 475.3	$ 1,459.3
Short-term investments	13.4	164.6
Accounts receivable, less allowance for doubtful accounts	1,603.6	1,446.5
Inventories	2,070.0	2,254.1
Prepaid expenses and other current assets	535.8	529.2
Total Current Assets	4,698.1	5,853.7
Property, plant and equipment, net	2,080.8	2,062.6
Goodwill	10,770.1	9,934.2
Intangible assets, net	9,001.1	8,746.3
Other assets	486.4	563.8
Total Assets	27,036.5	27,160.6
Current Liabilities:
Accounts payable	266.3	284.8
Income taxes payable	167.1	147.2
Current portion of long-term debt	575.8
Other current liabilities	1,302.9	1,185.9
Total Current Liabilities	2,312.1	1,617.9
Deferred income taxes	3,084.5	3,150.2
Other long-term liabilities	887.5	1,005.7
Long-term debt	11,006.2	11,497.4
Total Liabilities	17,290.3	17,271.2
Commitments and Contingencies (Note 15)
Stockholders' Equity:
Common stock, $0.01 par value, one billion shares authorized, 304.4 million shares issued in 2016 (302.7 million in 2015)	3.0	3.0
Paid-in capital	8,343.9	8,195.3
Retained earnings	8,442.7	8,347.7
Accumulated other comprehensive loss	(303.4)	(329.0)
Treasury stock, 104.2 million shares in 2016 (100.0 million shares in 2015)	(6,740.7)	(6,329.1)
Total Zimmer Biomet Holdings, Inc. stockholders' equity	9,745.5	9,887.9
Noncontrolling interest	0.7	1.5
Total Stockholders' Equity	9,746.2	9,889.4
Total Liabilities and Stockholders' Equity	$ 27,036.5	$ 27,160.6

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.