Company: DHR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000313616-25-000043
Chunk: 57

Company: DANAHER CORP /DE/
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 57
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 healthcare and life insurance benefits for some of its retired employees in the United States.  Certain employees may become eligible for these benefits as they reach normal retirement age while working for the Company.The following sets forth the funded status of the U.S. pension, non-U.S. pension and postretirement benefit plans as of the most recent actuarial valuations using measurement dates of December 31 ($ in millions): U.S. Pension BenefitsNon-U.S. Pension BenefitsPostretirement Benefits 202420232024202320242023Change in pension benefit obligation:Benefit obligation at beginning of year$(1,858)$(1,909)$(1,349)$(1,168)$(98)$(101)Service cost— — (32)(30)— — Interest cost(90)(97)(45)(46)(4)(5)Employee/retiree contributions— — (8)(7)(2)(1)Benefits and other expenses paid152 155 50 47 12 12 Actuarial gain (loss) 47 (52)29 (99)— (3)Amendments, settlements and curtailments46 45 16 13 — — Foreign exchange rate impact and other— — 36 (59)— — Benefit obligation at end of year(1,703)(1,858)(1,303)(1,349)(92)(98)Change in plan assets:Fair value of plan assets at beginning of year1,889 1,857 815 772 — — Actual return on plan assets214 222 (14)24 — — Employer contributions8 10 37 36 11 11 Employee contributions— — 8 7 1 1 Amendments and settlements(45)(45)(13)(13)— — Benefits and other expenses paid(152)(155)(50)(47)(12)(12)Foreign exchange rate impact and other— — (4)36 — — Fair value of plan assets at end of year1,914 1,889 779 815 — — Funded status$211 $31 $(524)$(534)$(92)$(98)The largest contributor to the net actuarial gains affecting the benefit obligations in 2024 U.S. pension, non-U.S. pension plans is increases in the discount