v3.23.1
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows provided by (used in) operating activities from continuing operations:    
Net earnings from continuing operations $ 232,800,000 $ 73,200,000
Adjustments to reconcile net earnings from continuing operations to cash provided by operating activities from continuing operations:    
Depreciation and amortization 231,800,000 233,800,000
Share-based compensation 25,000,000.0 23,200,000
(Gain) loss on investment in ZimVie (2,500,000) 51,000,000.0
Changes in operating assets and liabilities, net of acquired assets and liabilities    
Income taxes 21,500,000 (2,500,000)
Receivables 8,600,000 (14,200,000)
Inventories (94,200,000) (600,000)
Accounts payable and accrued liabilities (91,800,000) (15,900,000)
Other assets and liabilities (23,500,000) (32,300,000)
Net cash provided by operating activities from continuing operations 307,700,000 315,700,000
Cash flows provided by (used in) investing activities from continuing operations:    
Additions to instruments (82,800,000) (56,400,000)
Additions to other property, plant and equipment (46,700,000) (36,400,000)
Net investment hedge settlements 13,400,000 12,700,000
Business combination investments, net of acquired cash (18,900,000)  
Other investing activities (14,300,000) (1,000,000.0)
Net cash used in investing activities from continuing operations (149,400,000) (81,100,000)
Cash flows provided by (used in) financing activities from continuing operations:    
Proceeds from revolving facility 370,000,000.0 100,000,000.0
Payments on revolving facility (160,000,000.0)  
Redemption of senior notes (86,300,000) (750,000,000.0)
Payment on term loan (33,900,000)  
Dividends paid to stockholders (50,300,000) (50,200,000)
Proceeds from employee stock compensation plans 36,000,000.0 40,500,000
Distribution from ZimVie, Inc.   540,600,000
Business combination contingent consideration payments (9,600,000)  
Repurchase of common stock (267,600,000)  
Other financing activities (5,100,000) (3,300,000)
Net cash used in financing activities from continuing operations (206,700,000) (122,400,000)
Cash flows provided by (used in) discontinued operations:    
Net cash used in operating activities 0 (78,500,000)
Net cash used in investing activities 0 (7,200,000)
Net cash used in financing activities 0 (68,100,000)
Net cash used in discontinued operations   (153,800,000)
Effect of exchange rates on cash and cash equivalents 2,900,000 (1,100,000)
Decrease in cash and cash equivalents (45,500,000) (42,700,000)
Cash and cash equivalents, beginning of year (includes $100.4 at January 1, 2022 of discontinued operations cash) 375,700,000 478,500,000
Cash and cash equivalents, end of period $ 330,200,000 $ 435,800,000