Company: DHR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000313616-25-000043
Chunk: 196

Company: DANAHER CORP /DE/
Filing Date: 2025-02-20
Form: 10-K
Item: Item 5
Chunk 196
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LOWS

($ in millions)

Year Ended December 31 202420232022Cash flows from operating activities:Net earnings$3,899 $4,764 $7,209 Less: earnings from discontinued operations, net of income taxes— (543)(881)Net earnings from continuing operations3,899 4,221 6,328 Noncash items:Depreciation721 675 698 Amortization of intangible assets1,631 1,491 1,434 Amortization of acquisition-related inventory fair value step-up25 8 — Stock-based compensation expense288 306 295 Investment losses57 182 271 Impairment charges265 77 — Change in deferred income taxes(483)(1,204)(582)Change in trade accounts receivable, net331 322 (389)Change in inventories147 185 (448)Change in trade accounts payable19 (149)(18)Change in prepaid expenses and other assets274 419 (73)Change in accrued expenses and other liabilities(486)(43)97 Total operating cash provided by continuing operations6,688 6,490 7,613 Total operating cash provided by discontinued operations— 674 906 Net cash provided by operating activities6,688 7,164 8,519 Cash flows from investing activities:Cash paid for acquisitions(558)(5,610)(582)Payments for additions to property, plant and equipment(1,392)(1,383)(1,118)Proceeds from sales of property, plant and equipment13 12 9 Payments for purchases of investments(331)(172)(523)Proceeds from sales of investments253 61 18 All other investing activities34 44 51 Total cash used in investing activities from continuing operations(1,981)(7,048)(2,145)Total investing cash used in discontinued operations— (33)(89)Net cash used in investing activities(1,981)(7,081)(2,234)Cash flows from financing activities:Proceeds from the issuance of common stock in connection with stock-based compensation162 68 31 Payment of dividends(768)(821)(818)Net proceeds from (repayments of) borrowings (maturities of 90 days or less)5 (1,006)(723)Repayments of borrowings (maturities longer than 90 days)(1