Company: DHR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000313616-25-000043
Chunk: 249

Company: DANAHER CORP /DE/
Filing Date: 2025-02-20
Form: 10-K
Item: Item 5
Chunk 249
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 — — 276 410 Preferred stock1 — — — — — 1 — Fixed income securities:Corporate bonds— — 252 278 — — 252 278 Government issued— — 24 25 — — 24 25 Mutual funds118 112 164 167 — — 282 279 Insurance contracts— — 268 236 — — 268 236 Total$604 $638 $708 $706 $— $— 1,312 1,344 Investments measured at NAV(a):Common/collective trusts1,013 906 Venture capital, partnerships and other private investments368 454 Total assets at fair value$2,693 $2,704 (a)    The fair value amounts presented in the table above are intended to permit reconciliation of the fair value hierarchy to the total plan assets.

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Common stock traded on an active market, as well as mutual funds are valued at the quoted closing price reported on the active market on which the individual securities are traded.  Common stock, corporate bonds, U.S. government securities and mutual funds that are not traded on an active market are valued at quoted prices reported by investment brokers and dealers based on the underlying terms of the security and comparison to similar securities traded on an active market.  Insurance contracts are valued based upon the quoted prices of the underlying investments with the insurance company.Common/collective trusts are valued based on the plan’s interest, represented by investment units, in the underlying investments held within the trust that are traded in an active market by the trustee.  Venture capital, partnerships and other private investments are valued using the NAV based on the information provided by the asset fund managers, which reflects the plan’s share of the fair value of the net assets of the investment.  Depending on the nature of the assets, the underlying investments are valued using a combination of either discounted cash flows, earnings and market multiples, third-party appraisals or through reference to the quoted market prices of the underlying investments held by the venture, partnership or private entity where available.  Valuation adjustments reflect changes in operating results, financial condition, or prospects of the applicable portfolio company.The methods described above may produce a fair value estimate that may not be indicative of net realizable value or reflective of future fair values.  Furthermore, while the Company believes the valuation methods are appropriate and consistent with