Company: DHR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000313616-25-000043
Chunk: 245

Company: DANAHER CORP /DE/
Filing Date: 2025-02-20
Form: 10-K
Item: Item 5
Chunk 245
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ial 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 rates compared to the rates in the prior year.  Projected benefit obligation (“PBO”) and fair value of plan assets for pension plans and postretirement benefit plans with PBO’s in excess of plan assets ($ in millions):U.S. Pension BenefitsNon-U.S. Pension BenefitsPostretirement Benefits202420232024202320242023Projected benefit obligation$85 $92 $865 $977 $92 $98 Fair value of plan assets— — 276 360 — — 

87

Accumulated benefit obligation (“ABO”) and fair value of plan assets for pension plans with ABO’s in excess of plan assets ($ in millions):U.S. Pension BenefitsNon-U.S. Pension Benefits2024202320242023Accumulated benefit obligation$85 $92 $803 $914 Fair value of plan assets— — 271 357 Weighted average assumptions used to determine benefit obligations at date of measurement: U.S. Pension BenefitsNon-U.S