Company: DHR
Filing Date: 2025-03-26
Form Type: ARS
Source: 0000313616-25-000085
Chunk: 104

Company: DANAHER CORP /DE/
Filing Date: 2025-03-26
Form: ARS
Chunk 104
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40,497 41,608 Other intangible assets, net 18,568 20,746 Total assets $ 77,542 $ 84,488 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Notes payable and current portion of long-term debt $ 505 $ 1,695 Trade accounts payable 1,753 1,766 Accrued expenses and other liabilities 4,540 4,813 Total current liabilities 6,798 8,274 Other long-term liabilities 5,694 6,017 Long-term debt 15,500 16,707 Stockholders’ equity: Common stock - $0.01 par value, 2.0 billion shares authorized; 884.3 million issued and 719.1 million outstanding as of December 31, 2024; 880.5 million issued and 739.2 million outstanding as of December 31, 2023 9 9 Additional paid-in capital 16,727 16,170 Treasury stock (8,163) (2,019) Retained earnings 44,188 41,074 Accumulated other comprehensive income (loss) (3,218) (1,748) Total Danaher stockholders’ equity 49,543 53,486 Noncontrolling interests 7 4 Total stockholders’ equity 49,550 53,490 Total liabilities and stockholders’ equity $ 77,542 $ 84,488 See the accompanying Notes to the Consolidated Financial Statements. 56

DANAHER CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS ($ and shares in millions, except per share amounts) Year Ended December 31 2024 2023 2022 Sales $ 23,875 $ 23,890 $ 26,643 Cost of sales (9,669) (9,856) (10,455) Gross profit 14,206 14,034 16,188 Operating costs: Selling, general and administrative expenses (7,759) (7,329) (7,124) Research and development expenses (1,584) (1,503) (1,528) Operating profit 4,863 5,202 7,536 Nonoperating income (expense): Other income (expense), net (56) (175) (227) Interest expense (278) (286) (204) Interest income 117 303 41 Earnings from continuing