Company: DHR
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000313616-25-000182
Chunk: 5

Company: DANAHER CORP /DE/
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 1
Chunk 5
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 26, 2025 and September 27, 2024 and its cash flows for each of the nine-month periods then ended.There have been no changes to the Company’s significant accounting policies described in the Company’s 2024 Annual Report that have a material impact on the Company’s Consolidated Condensed Financial Statements and the related Notes.  Reclassifications of certain prior year amounts have been made to conform to the current year presentation. Accounting Standards Recently Adopted—In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-07, Improvements to Reportable Segment Disclosures.  The ASU requires additional disclosures about reportable segments’ significant expenses on an interim and annual basis.  The Company adopted the ASU effective January 1, 2024 on a retrospective basis.  Refer to Note 5 for additional segment disclosures. In December 2023, the FASB issued ASU 2023-09, Improvements to Income Tax Disclosures.  The ASU expands disclosures in the income tax rate reconciliations table and cash taxes paid.  The Company adopted the ASU effective January 1, 2025.  This accounting standard will increase the tax disclosures in the Company’s annual reporting but has no impact on reported income tax expense or related tax assets or liabilities.Accounting Standards Not Yet Adopted—In November 2024, the FASB issued ASU 2024-03, Disaggregation of Income Statement Expenses.  The ASU requires disclosure of disaggregated information about certain income statement expenses, including specific expense categories.  The ASU is effective for annual periods beginning after December 15, 2026 and for interim periods within fiscal years beginning after December 15, 2027.  This accounting standard will increase disclosures in the Company’s annual and interim reporting when adopted.In July 2025, the FASB issued ASU 2025-05, Measurement of Credit Loss for Accounts Receivable and Contract Assets.  The ASU provides a practical expedient for the calculation of current expected credit losses for current accounts receivable and contract assets, allowing entities to assume that current conditions as of the balance sheet date will persist through the forecast period.  The ASU is effective for interim and annual reporting periods beginning after December 15, 2025.  The Company is assessing the impact of the ASU on its consolidated financial statements and related disclosures. In September 2025,