Company: DHR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000313616-25-000043
Chunk: 74

Company: DANAHER CORP /DE/
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 74
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.2 96.46 $125.36 to $201.593.3 166.06 52.0 159.52 $201.60 to $230.502.4 221.19 80.6 220.63 $230.51 to $266.203.2 249.75 80.9 248.88 The aggregate intrinsic value of options exercised during the years ended December 31, 2024, 2023 and 2022 was $413 million, $259 million and $288 million, respectively.  Exercise of options during the years ended December 31, 2024, 2023 and 2022 resulted in cash receipts of $259 million, $148 million and $130 million, respectively.  Upon exercise of the award by the employee, the Company derives a tax deduction measured by the excess of the market value over the grant price at the date of exercise.  The Company realized a tax benefit of $79 million, $48 million and $48 million in 2024, 2023 and 2022, respectively, related to the exercise of employee stock options. The following summarizes information on unvested RSU and PSU activity (in millions, except weighted average grant-date fair value):Number of RSUs/PSUsWeighted AverageGrant-Date Fair ValueUnvested as of January 1, 20223.5 $135.92 Granted1.2 235.47 Vested(1.1)121.04 Forfeited(0.3)235.47 Unvested as of December 31, 20223.3 168.03 Granted1.2 219.29 Vested(0.9)148.90 Forfeited(0.3)204.97 Adjustment due to Separation(a)(0.4)211.14 Unvested as of December 31, 20232.9 185.41 Granted0.7 253.55 Vested(1.1)164.80 Forfeited(0.2)201.00 Unvested as of December 31, 20242.3 214.65 (a)    The “Adjustment due to Separation” reflects the cancellation of RSUs and PSUs which were outstanding as of September 30, 2023 and held by Veralto employees