Company: DHR
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000313616-25-000182
Chunk: 89

Company: DANAHER CORP /DE/
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 8
Chunk 89
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 deferred in accordance with U.S. tax laws related to insurance.  The proposed adjustments would have increased the Company’s taxable income over the 2016 through 2018 periods by approximately $2.5 billion.  In the first quarter of 2023, the Company settled these proposed adjustments with the IRS, although the audit is still open with respect to other matters for the 2016 through 2018 period.  The impact of the settlement with respect to the Company’s self-insurance policies was not material to the Company’s financial statements, including cash flows and the effective tax rate.  As the settlement with the IRS was specific to the audit period, the settlement does not preclude the IRS from proposing similar adjustments to the Company’s self-insurance programs with respect to periods after 2018.  Management believes the positions the Company has taken in its U.S. tax returns are in accordance with the relevant tax laws.On July 4, 2025, the One Big Beautiful Bill Act (“OBBBA”) was enacted, which includes permanent extensions of most expiring Tax Cuts and Jobs Act provisions as well as international tax changes.  The application of the OBBBA to the Company did not have a material impact on its financial statements during the three-month period ended September 26, 2025.For a description of the Company’s significant tax matters, reference is made to the financial statements as of and for the year ended December 31, 2024 and Note 7 thereto included in the Company’s 2024 Annual Report.

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NOTE 7.  OTHER INCOME (EXPENSE), NET

The following sets forth the components of the Company’s other income (expense), net ($ in millions):Three-Month Period EndedNine-Month Period EndedSeptember 26, 2025September 27, 2024September 26, 2025September 27, 2024Other components of net periodic benefit costs$1 $(1)$5 $— Investment gains (losses):Realized investment gains (losses)— 198 (72)159 Unrealized investment gains (losses)(15)(95)(77)(152)Total investment gains (losses)(15)103 (149)7 Gain on sale of product line— — 9 — Total other income (expense), net$(14)$102 $(135)$7 Other Components of Net Periodic Benefit CostsThe Company disaggregates the service cost