Company: DHR
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000313616-25-000182
Chunk: 104

Company: DANAHER CORP /DE/
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 8
Chunk 104
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 Period EndedNine-Month Period EndedSeptember 26, 2025September 27, 2024September 26, 2025September 27, 2024Common stock - shares issued:Balance, beginning of period885.9 883.2 884.3 880.5 Common stock-based compensation awards0.4 0.7 2.0 3.4 Balance, end of period886.3 883.9 886.3 883.9 Stock-Based CompensationFor a full description of the Company’s stock-based compensation programs, refer to Note 18 of the Company’s financial statements as of and for the year ended December 31, 2024 included in the Company’s 2024 Annual Report.  As of September 26, 2025, approximately 43 million shares of the Company’s common stock were reserved for issuance under the 2007 Omnibus Incentive Plan.

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The following summarizes the components of the Company’s stock-based compensation expense ($ in millions): Three-Month Period EndedNine-Month Period Ended September 26, 2025September 27, 2024September 26, 2025September 27, 2024RSUs/PSUs:Pretax compensation expense$49 $49 $137 $127 Income tax benefit(10)(11)(28)(27)RSU/PSU expense, net of income taxes39 38 109 100 Stock options:Pretax compensation expense34 35 98 104 Income tax benefit(7)(7)(20)(21)Stock option expense, net of income taxes27 28 78 83 Total stock-based compensation:Pretax compensation expense83 84 235 231 Income tax benefit(17)(18)(48)(48)Total stock-based compensation expense, net of income taxes$66 $66 $187 $183 Stock-based compensation has been recognized as a component of SG&A expenses in the accompanying Consolidated Condensed Statements of Earnings.  As of September 26, 2025, $190 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 September 26, 2025, $167 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