Company: DHR
Filing Date: 2025-07-22
Form Type: 10-Q
Source: 0000313616-25-000153
Chunk: 86

Company: DANAHER CORP /DE/
Filing Date: 2025-07-22
Form: 10-Q
Item: Item 8
Chunk 86
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):  BalanceQuoted Prices in Active Market (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)June 27, 2025December 31, 2024June 27, 2025December 31, 2024June 27, 2025December 31, 2024June 27, 2025December 31, 2024Assets:Investment in equity securities$195 $218 $— $3 $— $— $— $— Cross-currency swap derivative contracts84 415 — — 84 415 — — Liabilities:Cross-currency swap derivative contracts86 — — — 86 — — — The Company’s investments in equity securities consist of investments in publicly traded equity securities and investments in non-marketable equity securities.  The publicly traded securities are classified as Level 1 in the fair value hierarchy as they are measured based on quotes in active markets.  For the non-marketable equity securities, the Company estimates the fair value of the investments using the Fair Value Alternative.  The Company’s investments in these equity securities are not classified in the fair value hierarchy due to the use of these measurement methods.  Additionally, the Company is a limited partner in partnerships that invest primarily in early-stage companies.  While the partnerships record these investments at fair value, the Company’s investments in the partnerships are accounted for under the equity method of accounting and are not subject to the fair value measurement disclosures noted above.  As of both June 27, 2025 and December 31, 2024, the Company’s equity method investments included investments in partnerships with a carrying value of approximately $1.4 billion.  Refer to Note 7 for additional information on gains and losses on the Company’s investments including investments in the partnerships. The cross-currency swap derivative contracts are classified as Level 2 in the fair value hierarchy as they are measured using the income approach with the relevant interest rates and current currency exchange rates and forward curves as inputs.  Refer to Note 11 for additional information.Fair Value of Other Financial InstrumentsThe carrying amounts and fair values of the Company’s other financial instruments were as follows ($ in millions): June 27, 2025December 31, 2024 Carrying AmountFair ValueCarrying AmountFair ValueDebt obligations:Notes payable and current portion of long