Company: DHR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000313616-25-000043
Chunk: 250

Company: DANAHER CORP /DE/
Filing Date: 2025-02-20
Form: 10-K
Item: Item 5
Chunk 250
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 the methods used by other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.Expected ContributionsDuring 2025, the Company’s cash contribution requirements for its U.S. and its non-U.S. defined benefit pension plans are expected to be approximately $8 million and $35 million, respectively.  During 2025, the Company’s cash contribution requirements for its other postretirement benefit plans are expected to be approximately $13 million.  The ultimate amounts to be contributed depend upon, among other things, legal requirements, underlying asset returns, the plan’s funded status, the anticipated tax deductibility of the contributions, local practices, market conditions, interest rates and other factors.The following sets forth benefit payments, which reflect expected future service, as appropriate, expected to be paid by the plans in the periods indicated ($ in millions):U.S. Pension PlansNon-U.S. Pension PlansPostretirement Benefit PlansAll Plans2025$170 $56 $13 $239 2026171 66 12 249 2027170 64 11 245 2028167 65 10 242 2029164 65 9 238 2030 - 2034658 354 36 1,048 Other MattersSubstantially all employees not covered by defined benefit plans are covered by defined contribution plans, which generally provide for Company funding based on a percentage of compensation.The Company’s expenses for all defined benefit and defined contribution pension plans amounted to $282 million, $219 million and $237 million for the years ended December 31, 2024, 2023 and 2022, respectively.

NOTE 16.  COMMITMENTS 

The Company has entered into agreements to purchase goods or services that are enforceable and legally binding on the Company and that specify all significant terms, including fixed or minimum quantities to be purchased, fixed, minimum or variable price provisions and the approximate timing of the transaction.  Purchase obligations exclude agreements that are cancellable at any time without penalty.  As of December 31, 2024, the aggregate amount of the Company’s purchase obligations totaled approximately $1.6 billion, and the majority of these obligations are expected to be settled during 2025.

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NOTE 17.  LITIGATION AND CONTINGENCIES 

The Company is subject to or otherwise responsible for a variety of litigation and other legal and regulatory proceedings