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Zimmer Holdings, Inc. Reports First Quarter 2011 Financial Results
Date:4/28/2011

al and administrative

458.3447.22 Special items

25.52.6872Operating expenses

539.4500.38 Operating Profit 297.2294.11 Interest expense, net

11.014.6(25) Earnings before income taxes  

286.2279.52 Provision for income taxes

77.374.14 Net Earnings of Zimmer Holdings, Inc. $
208.9
$
205.4
2 Earnings Per Common Share Basic

$
.08$
.017Diluted

$
.08$
.017 Weighted Average Common Shares Outstanding Basic

192.6203.0Diluted

193.8204.2Certain amounts in the 2010 consolidated statement of earnings have been reclassified to conform to the 2011 presentation. ZIMMER HOLDINGS, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in millions, unaudited) March 31, December 31, 20112010 Assets Current Assets:   Cash and cash equivalents

$
575.6

$
8.9   Short-term investments

290.6

265.1   Receivables, net

876.3

775.9   Inventories, net

958.4

936.4   Other current assets

329.8

363.4Total current assets

3,030.7

3,009.7 Property, plant and equipment, net

1,218.3

1,213.8 Goodwill

2,676.9

2,580.8 Intangible assets, net

830.4

827.1 Other assets

361.4

368.5 Total Assets $
8,117.7

$
7,999.9
Liabilities and Shareholders' Equity Current liabilities

$
713.4

$
702.5 Other long-term liabilities

399.8

384.0 Long-term debt

1,140.2

1,142.1 Shareholders' equity

5,864.3

5,771.3 Total Liabilities and Shareholders' Equity

SOURCE Zimmer Holdings, Inc.
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