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Consolidated Balance Sheets (USD $)
May 31, 2014
May 31, 2013
Current assets:    
Cash and cash equivalents $ 247,600,000 $ 355,600,000
Accounts receivable, less allowance for doubtful accounts receivables of $31.9 ($33.5 at May 31, 2013) 577,300,000 531,800,000
Inventories 693,400,000 624,000,000
Deferred income taxes 149,900,000 119,900,000
Prepaid expenses and other 202,900,000 141,300,000
Total current assets 1,871,100,000 1,772,600,000
Property, plant and equipment, net 716,000,000 665,200,000
Investments 12,500,000 23,000,000
Intangible assets, net 3,439,600,000 3,630,200,000
Goodwill 3,634,400,000 3,600,900,000
Other assets 93,000,000 102,800,000
Total assets 9,766,600,000 9,794,700,000
Current liabilities:    
Current portion of long-term debt 133,100,000 40,300,000
Accounts payable 135,300,000 111,500,000
Accrued interest 53,400,000 56,200,000
Accrued wages and commissions 168,700,000 150,100,000
Other accrued expenses 354,700,000 206,000,000
Total current liabilities 845,200,000 564,100,000
Long-term liabilities:    
Long-term debt, net of current portion 5,587,300,000 5,926,100,000
Deferred income taxes 968,600,000 1,129,800,000
Other long-term liabilities 256,300,000 206,100,000
Total liabilities 7,657,400,000 7,826,100,000
Commitments and contingencies      
Shareholder’s equity:    
Common stock 5,500,000 5,500,000
Contributed and additional paid-in capital 5,681,500,000 5,662,000,000
Accumulated deficit (3,617,100,000) (3,693,000,000)
Accumulated other comprehensive income (loss) 39,300,000 (5,900,000)
Total shareholder’s equity 2,109,200,000 1,968,600,000
Total liabilities and shareholder’s equity 9,766,600,000 9,794,700,000
Biomet, Inc. [Member]
   
Current assets:    
Cash and cash equivalents 247,600,000 355,600,000
Accounts receivable, less allowance for doubtful accounts receivables of $31.9 ($33.5 at May 31, 2013) 577,300,000 531,800,000
Inventories 693,400,000 624,000,000
Deferred income taxes 149,900,000 119,900,000
Prepaid expenses and other 202,900,000 141,300,000
Total current assets 1,871,100,000 1,772,600,000
Property, plant and equipment, net 716,000,000 665,200,000
Investments 12,500,000 23,000,000
Intangible assets, net 3,439,600,000 3,630,200,000
Goodwill 3,634,400,000 3,600,900,000
Other assets 93,000,000 102,800,000
Total assets 9,766,600,000 9,794,700,000
Current liabilities:    
Current portion of long-term debt 133,100,000 40,300,000
Accounts payable 135,300,000 111,500,000
Accrued interest 53,400,000 56,200,000
Accrued wages and commissions 168,700,000 150,100,000
Other accrued expenses 354,700,000 206,000,000
Total current liabilities 845,200,000 564,100,000
Long-term liabilities:    
Long-term debt, net of current portion 5,587,300,000 5,926,100,000
Deferred income taxes 968,600,000 1,129,800,000
Other long-term liabilities 256,300,000 206,100,000
Total liabilities 7,657,400,000 7,826,100,000
Commitments and contingencies      
Shareholder’s equity:    
Common stock 0 0
Contributed and additional paid-in capital 5,687,000,000 5,667,500,000
Accumulated deficit (3,617,100,000) (3,693,000,000)
Accumulated other comprehensive income (loss) 39,300,000 (5,900,000)
Total shareholder’s equity 2,109,200,000 1,968,600,000
Total liabilities and shareholder’s equity $ 9,766,600,000 $ 9,794,700,000