Company: DHR
Filing Date: 2025-04-22
Form Type: 10-Q
Source: 0000313616-25-000088
Chunk: 75

Company: DANAHER CORP /DE/
Filing Date: 2025-04-22
Form: 10-Q
Item: Item 8
Chunk 75
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 millions):Original Notional AmountNotional Amount OutstandingGain (Loss) Recognized in OCIAmounts Reclassified from OCIFor the Three-Month Period Ended March 28, 2025:Net investment hedges:Cross-currency contracts$3,875 $3,000 $(54)$— Foreign currency denominated debt3,333 3,333 (136)— Cash flow hedges:Cross-currency contracts4,000 2,600 39 116 Interest rate swaps1,600 — — 1 Total$12,808 $8,933 $(151)$117 For the Three-Month Period Ended March 29, 2024:Net investment hedges:Cross-currency contracts$3,875 $3,000 $55 $— Foreign currency denominated debt4,129 4,129 134 — Cash flow hedges:Cross-currency contracts4,000 3,300 23 (74)Interest rate swaps1,600 — — 1 Total$13,604 $10,429 $212 $(73)Gains or losses related to the net investment hedges are classified as foreign currency translation adjustments in the schedule of changes in OCI in Note 12, as these items are attributable to the Company’s hedges of its net investment in foreign operations.  Gains or losses related to the cash flow hedges are classified as cash flow hedge adjustments in the schedule of changes in OCI in Note 12.  The amount reclassified from OCI for the cross-currency swap derivative contracts that are cash flow hedges of the Company’s U.S. dollar-denominated debt was equal to the remeasurement amount recorded in the three-month period on the hedged debt.  The Company did not reclassify any other deferred gains or losses related to net investment hedges or cash flow hedges from accumulated OCI to earnings during the three-month periods ended March 28, 2025 and March 29, 2024.  In addition, the Company did not have any ineffectiveness related to net investment hedges or cash flow hedges during the three-month periods ended March 28, 2025 and March 29, 2024.  Should any ineffectiveness arise, any ineffective portions of the hedges would be reclassified from accumulated OCI into earnings during the period of change.  The cash inflows and outflows associated with the Company