Company: DHR
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000313616-25-000182
Chunk: 93

Company: DANAHER CORP /DE/
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 8
Chunk 93
---
 circumstances, including evolving market conditions and regulatory environment, indicate related carrying amounts may not be recoverable.  

NOTE 9.  FAIR VALUE MEASUREMENTS

Accounting standards define fair value based on an exit price model, establish a framework for measuring fair value where the Company’s assets and liabilities are required to be carried at fair value and provide for certain disclosures related to the valuation methods used within a valuation hierarchy as established within the accounting standards.  This hierarchy prioritizes the inputs into three broad levels as follows.  Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities.  Level 2 inputs are quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets in markets that are not active, or other observable characteristics for the asset or liability, including interest rates, yield curves and credit risks, or inputs that are derived principally from, or corroborated by, 

15

observable market data through correlation.  Level 3 inputs are unobservable inputs based on the Company’s assumptions.  A financial asset or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement in its entirety. A summary of financial assets that are measured at fair value on a recurring basis were as follows ($ in millions):  BalanceQuoted Prices in Active Market (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)September 26, 2025December 31, 2024September 26, 2025December 31, 2024September 26, 2025December 31, 2024September 26, 2025December 31, 2024Assets:Investment in equity securities$194 $218 $— $3 $— $— $— $— Cross-currency swap derivative contracts129 415 — — 129 415 — — Liabilities:Cross-currency swap derivative contracts44 — — — 44 — — — The Company’s investments in equity securities consist of investments in publicly traded equity securities and investments in non-marketable equity securities.  The publicly traded securities are classified as Level 1 in the fair value hierarchy as they are measured based on quotes in active markets.  For the non-marketable equity securities, the Company estimates the fair value of the investments using the Fair Value Alternative.