XML 20 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 713.4 $ 617.9
Accounts receivable, less allowance for doubtful accounts 1,064.5 1,363.9
Inventories 2,496.5 2,385.0
Prepaid expenses and other current assets 432.4 357.1
Total Current Assets 4,706.8 4,723.9
Property, plant and equipment, net 2,056.5 2,077.4
Goodwill 8,982.4 9,599.7
Intangible assets, net 6,937.4 7,257.6
Other assets 964.5 980.1
Total Assets 23,647.6 24,638.7
Current Liabilities:    
Accounts payable 363.4 400.9
Income taxes payable 121.9 126.7
Salaries, wages and benefits 214.7 314.1
Other current liabilities 1,011.2 1,099.8
Current portion of long-term debt 450.0 1,500.0
Total Current Liabilities 2,161.2 3,441.5
Deferred income taxes, net 804.9 840.1
Long-term income tax payable 689.4 685.1
Other long-term liabilities 588.9 557.8
Long-term debt 7,759.3 6,721.4
Total Liabilities 12,003.7 12,245.9
Commitments and Contingencies (Note 16)
Stockholders' Equity:    
Common stock, $0.01 par value, one billion shares authorized, 310.7 million shares in 2020 (309.9 million in 2019) issued 3.1 3.1
Paid-in capital 9,014.0 8,920.1
Retained earnings 9,610.0 10,427.3
Accumulated other comprehensive loss (265.8) (241.9)
Treasury stock, 103.8 million shares in 2020 (103.9 million shares in 2019) (6,719.9) (6,720.5)
Total Zimmer Biomet Holdings, Inc. stockholders' equity 11,641.4 12,388.1
Noncontrolling interest 2.5 4.7
Total Stockholders' Equity 11,643.9 12,392.8
Total Liabilities and Stockholders' Equity $ 23,647.6 $ 24,638.7