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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 2,433.6 $ 617.9
Accounts receivable, less allowance for doubtful accounts 1,039.1 1,363.9
Inventories 2,463.2 2,385.0
Prepaid expenses and other current assets 435.0 357.1
Total Current Assets 6,370.9 4,723.9
Property, plant and equipment, net 2,065.5 2,077.4
Goodwill 8,951.2 9,599.7
Intangible assets, net 7,077.7 7,257.6
Other assets 1,047.6 980.1
Total Assets 25,512.9 24,638.7
Current Liabilities:    
Accounts payable 404.9 400.9
Income taxes payable 92.9 126.7
Salaries, wages and benefits 181.9 314.1
Other current liabilities 1,149.9 1,099.8
Current portion of long-term debt 1,950.0 1,500.0
Total Current Liabilities 3,779.6 3,441.5
Deferred income taxes, net 857.6 840.1
Long-term income tax payable 688.7 685.1
Other long-term liabilities 580.1 557.8
Long-term debt 7,724.2 6,721.4
Total Liabilities 13,630.2 12,245.9
Commitments and Contingencies (Note 16)
Stockholders' Equity:    
Common stock, $0.01 par value, one billion shares authorized, 310.6 million shares in 2020 (309.9 million in 2019) issued 3.1 3.1
Paid-in capital 8,984.3 8,920.1
Retained earnings 9,866.2 10,427.3
Accumulated other comprehensive loss (255.1) (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 11,878.6 12,388.1
Noncontrolling interest 4.1 4.7
Total Stockholders' Equity 11,882.7 12,392.8
Total Liabilities and Stockholders' Equity $ 25,512.9 $ 24,638.7