Company: DHR
Filing Date: 2025-04-22
Form Type: 10-Q
Source: 0000313616-25-000088
Chunk: 1

Company: DANAHER CORP /DE/
Filing Date: 2025-04-22
Form: 10-Q
Item: Item 1
Chunk 1
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 Notes to the Consolidated Condensed Financial Statements. 

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Table of Contents

DANAHER CORPORATION AND SUBSIDIARIES

CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS

($ and shares in millions, except per share amounts)

(unaudited)

 Three-Month Period Ended March 28, 2025March 29, 2024Sales$5,741 $5,796 Cost of sales(2,230)(2,309)Gross profit3,511 3,487 Operating costs:Selling, general and administrative expenses(1,858)(1,807)Research and development expenses(379)(368)Operating profit1,274 1,312 Nonoperating income (expense):Other income (expense), net(79)(36)Interest expense(72)(65)Interest income6 60 Earnings before income taxes1,129 1,271 Income taxes(175)(183)Net earnings $954 $1,088 Net earnings per common share:Basic$1.33 $1.47 Diluted$1.32 $1.45 Average common stock and common equivalent shares outstanding:Basic716.3 740.6 Diluted720.8 748.6 

See the accompanying Notes to the Consolidated Condensed Financial Statements.

2

DANAHER CORPORATION AND SUBSIDIARIES

CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME

($ in millions)

(unaudited)

 Three-Month Period Ended March 28, 2025March 29, 2024Net earnings$954 $1,088 Other comprehensive income (loss), net of income taxes:Foreign currency translation adjustments1,449 (948)Pension and postretirement plan benefit adjustments1 2 Cash flow hedge adjustments156 (50)Total other comprehensive income (loss), net of income taxes1,606 (996)Comprehensive income $2,560 $92 

See the accompanying Notes to the Consolidated Condensed Financial Statements.

3

 DANAHER CORPORATION AND SUBSIDIARIES

CONSOLIDATED CONDENSED STATEMENTS OF STOCKHOLDERS’ EQUITY

($ in millions)

(unaudited)

Three-Month Period EndedMarch 28, 2025March 29, 2024Common stock:Balance, beginning and end of period$9