Company: DHR
Filing Date: 2025-07-22
Form Type: 10-Q
Source: 0000313616-25-000153
Chunk: 28

Company: DANAHER CORP /DE/
Filing Date: 2025-07-22
Form: 10-Q
Item: Item 1
Chunk 28
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 882.3 884.3 880.5 Common stock-based compensation awards0.3 0.9 1.6 2.7 Balance, end of period885.9 883.2 885.9 883.2 Stock-Based CompensationFor a full description of the Company’s stock-based compensation programs, refer to Note 18 of the Company’s financial statements as of and for the year ended December 31, 2024 included in the Company’s 2024 Annual Report.  As of June 27, 2025, approximately 43 million shares of the Company’s common stock were reserved for issuance under the 2007 Omnibus Incentive Plan.The following summarizes the components of the Company’s stock-based compensation expense ($ in millions): Three-Month Period EndedSix-Month Period Ended June 27, 2025June 28, 2024June 27, 2025June 28, 2024RSUs/PSUs:Pretax compensation expense$53 $46 $88 $78 Income tax benefit(11)(10)(18)(16)RSU/PSU expense, net of income taxes42 36 70 62 Stock options:Pretax compensation expense38 41 64 69 Income tax benefit(8)(8)(13)(14)Stock option expense, net of income taxes30 33 51 55 Total stock-based compensation:Pretax compensation expense91 87 152 147 Income tax benefit(19)(18)(31)(30)Total stock-based compensation expense, net of income taxes$72 $69 $121 $117 Stock-based compensation has been recognized as a component of SG&A expenses in the accompanying Consolidated Condensed Statements of Earnings.  As of June 27, 2025, $239 million of total unrecognized compensation cost related to RSUs/PSUs is expected to be recognized over a weighted average period of approximately two years.  As of June 27, 2025, $202 million of total unrecognized compensation cost related to stock options is expected to be recognized over a weighted average period of approximately two years.  Future compensation amounts will be adjusted for any changes in estimated forfeitures.

20

Accumulated Other Comprehensive IncomeAccumulated OCI refers to certain gains and losses that under U.S. GAAP are included in comprehensive income (loss) but are excluded from net earnings as these amounts are initially recorded