Company: DHR
Filing Date: 2025-07-22
Form Type: 10-Q
Source: 0000313616-25-000153
Chunk: 95

Company: DANAHER CORP /DE/
Filing Date: 2025-07-22
Form: 10-Q
Item: Item 8
Chunk 95
---
 2025June 28, 2024June 27, 2025June 28, 2024RSUs/PSUs:Pretax compensation expense$53 $46 $88 $78 Income tax benefit(11)(10)(18)(16)RSU/PSU expense, net of income taxes42 36 70 62 Stock options:Pretax compensation expense38 41 64 69 Income tax benefit(8)(8)(13)(14)Stock option expense, net of income taxes30 33 51 55 Total stock-based compensation:Pretax compensation expense91 87 152 147 Income tax benefit(19)(18)(31)(30)Total stock-based compensation expense, net of income taxes$72 $69 $121 $117 Stock-based compensation has been recognized as a component of SG&A expenses in the accompanying Consolidated Condensed Statements of Earnings.  As of June 27, 2025, $239 million of total unrecognized compensation cost related to RSUs/PSUs is expected to be recognized over a weighted average period of approximately two years.  As of June 27, 2025, $202 million of total unrecognized compensation cost related to stock options is expected to be recognized over a weighted average period of approximately two years.  Future compensation amounts will be adjusted for any changes in estimated forfeitures.

20

Accumulated Other Comprehensive IncomeAccumulated OCI refers to certain gains and losses that under U.S. GAAP are included in comprehensive income (loss) but are excluded from net earnings as these amounts are initially recorded as an adjustment to stockholders’ equity.  Foreign currency translation adjustments generally relate to indefinite investments in non-U.S. subsidiaries, as well as the impact from the Company’s hedges of its net investment in foreign operations, including the Company’s cross-currency swap derivatives, net of any income tax impacts.  The changes in accumulated OCI by component are summarized below ($ in millions).Foreign Currency Translation AdjustmentsPension and Postretirement Plan Benefit AdjustmentsCash Flow Hedge AdjustmentsAccumulated Comprehensive Income (Loss)For the Three-Month Period Ended June 27, 2025:Balance, March 28, 2025$(1,455)$(299)$142 $(1,612)OCI before reclassifications:Increase (decrease)979 — (200)779 Income tax impact49 — — 49 OCI before