Company: DHR
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000313616-25-000182
Chunk: 0

Company: DANAHER CORP /DE/
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 1
Chunk 0
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Table of Contents

DANAHER CORPORATION AND SUBSIDIARIES

CONSOLIDATED CONDENSED BALANCE SHEETS

($ in millions, except per share amount)

(unaudited)

September 26, 2025December 31, 2024ASSETSCurrent assets:Cash and equivalents$1,528 $2,078 Trade accounts receivable, less allowance for doubtful accounts of $119 and $113, respectively3,755 3,537 Inventories:Finished goods1,373 1,145 Work in process526 465 Raw materials775 720 Total inventories2,674 2,330 Prepaid expenses and other current assets1,649 1,552 Total current assets9,606 9,497 Property, plant and equipment, net of accumulated depreciation of $4,666 and $4,101, respectively5,376 4,990 Other long-term assets3,870 3,990 Goodwill42,948 40,497 Other intangible assets, net18,097 18,568 Total assets$79,897 $77,542 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilities:Notes payable and current portion of long-term debt$23 $505 Trade accounts payable1,698 1,753 Accrued expenses and other liabilities4,603 4,540 Total current liabilities6,324 6,798 Other long-term liabilities5,660 5,694 Long-term debt16,833 15,500 Stockholders’ equity:Common stock - $0.01 par value, 2.0 billion shares authorized; 886.3 million issued and 706.3 million outstanding as of September 26, 2025; 884.3 million issued and 719.1 million outstanding as of December 31, 20249 9 Additional paid-in capital17,076 16,727 Treasury stock(11,344)(8,163)Retained earnings45,920 44,188 Accumulated other comprehensive income (loss)(590)(3,218)Total Danaher stockholders’ equity51,071 49,543 Noncontrolling interests9 7 Total stockholders’ equity51,080 49,550 Total liabilities and stockholders’ equity$79,897 $77,542 

See the accompanying Notes to