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Condensed Consolidated Statements of Earnings (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net Sales $ 2,026.9 $ 1,226.1 $ 3,874.3 $ 3,009.9
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Cost of products sold, excluding intangible asset amortization $ 581.6 $ 424.5 $ 1,098.0 $ 911.6
Type of Cost, Good or Service [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Intangible asset amortization $ 154.6 $ 147.7 $ 310.1 $ 295.3
Research and development 180.5 87.7 274.9 186.1
Selling, general and administrative 817.4 665.0 1,587.5 1,493.9
Goodwill and intangible asset impairment 16.3 33.0 16.3 645.0
Restructuring and other cost reduction initiatives 19.6 28.0 41.4 73.0
Quality remediation 11.0 9.7 21.2 26.1
Acquisition, integration, divestiture and related 25.4 2.2 38.8 6.6
Operating expenses 1,806.4 1,397.8 3,388.2 3,637.6
Operating Profit (Loss) 220.5 (171.7) 486.1 (627.7)
Other income, net 8.1 3.8 15.4 6.8
Interest expense, net (54.7) (54.0) (107.0) (104.9)
Earnings (loss) before income taxes 173.9 (221.9) 394.5 (725.8)
Provision (benefit) for income taxes 31.4 (13.7) 54.3 (8.5)
Net Earnings (Loss) 142.5 (208.2) 340.2 (717.3)
Less: Net earnings (loss) attributable to noncontrolling interest 0.6 (1.6) 0.2 (2.2)
Net Earnings (Loss) of Zimmer Biomet Holdings, Inc. $ 141.9 $ (206.6) $ 340.0 $ (715.1)
Earnings (Loss) Per Common Share        
Basic $ 0.68 $ (1.00) $ 1.63 $ (3.46)
Diluted $ 0.67 $ (1.00) $ 1.62 $ (3.46)
Weighted Average Common Shares Outstanding        
Basic 208.6 206.8 208.3 206.6
Diluted 210.7 206.8 210.4 206.6