Company: DHR
Filing Date: 2025-03-26
Form Type: ARS
Source: 0000313616-25-000085
Chunk: 105

Company: DANAHER CORP /DE/
Filing Date: 2025-03-26
Form: ARS
Chunk 105
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 operations before income taxes 4,646 5,044 7,146 Income taxes (747) (823) (818) Net earnings from continuing operations 3,899 4,221 6,328 Earnings from discontinued operations, net of income taxes — 543 881 Net earnings 3,899 4,764 7,209 Mandatory convertible preferred stock dividends — (21) (106) Net earnings attributable to common stockholders $ 3,899 $ 4,743 $ 7,103 Net earnings per common share from continuing operations: Basic $ 5.33 $ 5.70 $ 8.58 Diluted $ 5.29 $ 5.65 $ 8.47 Net earnings per common share from discontinued operations: Basic $ — $ 0.74 $ 1.22 Diluted $ — $ 0.73 $ 1.20 Net earnings per common share: Basic $ 5.33 $ 6.44 $ 9.80 Diluted $ 5.29 $ 6.38 $ 9.66 * Average common stock and common equivalent shares outstanding: Basic 731.0 736.5 725.1 Diluted 737.2 743.1 737.1 * Net earnings per common share amount does not add due to rounding. See the accompanying Notes to the Consolidated Financial Statements. 57

DANAHER CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME ($ in millions) Year Ended December 31 2024 2023 2022 Net earnings $ 3,899 $ 4,764 $ 7,209 Other comprehensive income (loss), net of income taxes: Foreign currency translation adjustments (1,458) 215 (2,105) Pension and postretirement plan benefit adjustments 101 (51) 209 Cash flow hedge adjustments (113) (14) 51 Total other comprehensive income (loss), net of income taxes (1,470) 150 (1,845) Comprehensive income $ 2,429 $ 4,914 $ 5,364 See the accompanying Notes to the Consolidated Financial Statements. 58

DANAHER CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY ($ in millions) Year Ended December 31 2024 2023 2022 Preferred stock: Balance, beginning of period $ — $ 1,668