Company: DHR
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000313616-25-000182
Chunk: 3

Company: DANAHER CORP /DE/
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 1
Chunk 3
---
, beginning of period$(569)$(2,591)$(3,218)$(1,748)Other comprehensive income (loss)(21)1,281 2,628 438 Balance, end of period$(590)$(1,310)$(590)$(1,310)Noncontrolling interests:Balance, beginning of period$8 $5 $7 $4 Change in noncontrolling interests1 1 2 2 Balance, end of period$9 $6 $9 $6 Total stockholders’ equity, end of period$51,080 $51,305 $51,080 $51,305 

See the accompanying Notes to the Consolidated Condensed Financial Statements.

4

DANAHER CORPORATION AND SUBSIDIARIES

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS

($ in millions)

(unaudited)

 Nine-Month Period Ended September 26, 2025September 27, 2024Cash flows from operating activities:Net earnings$2,417 $2,813 Noncash items:Depreciation555 534 Amortization of intangible assets1,269 1,223 Amortization of acquisition-related inventory fair value step-up— 25 Stock-based compensation expense235 231 Investment losses and pretax gain on sale of product line140 (7)Impairment charges548 222 Change in trade accounts receivable, net(65)482 Change in inventories(242)(117)Change in trade accounts payable(134)(186)Change in prepaid expenses and other assets(53)299 Change in accrued expenses and other liabilities(371)(850)Net cash provided by operating activities4,299 4,669 Cash flows from investing activities:Cash paid for acquisitions— (525)Payments for additions to property, plant and equipment(785)(876)Proceeds from sales of property, plant and equipment10 12 Payments for purchases of investments(79)(188)Proceeds from sales of investments12 251 Proceeds from sale of product line9 — All other investing activities21 39 Total cash used in investing activities(812)(1,287)Cash flows from financing activities:Proceeds from the issuance of common stock in connection with stock-based compensation, net39 143 Payment of dividends(652)(573)Net proceeds from borrowings (