Company: DHR
Filing Date: 2025-07-22
Form Type: 10-Q
Source: 0000313616-25-000153
Chunk: 93

Company: DANAHER CORP /DE/
Filing Date: 2025-07-22
Form: 10-Q
Item: Item 8
Chunk 93
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 reclassified from accumulated OCI into earnings during the period of change.  The cash inflows and outflows associated with the Company’s derivative contracts designated as net investment hedges are classified in all other investing activities in the accompanying Consolidated Condensed Statements of Cash Flows.  The cash inflows and outflows associated with the Company’s derivative contracts designated as cash flow hedges are classified in cash flows from operating activities in the accompanying Consolidated Condensed Statements of Cash Flows.The Company’s derivative instruments, as well as its nonderivative debt instruments designated and qualifying as net investment hedges, were classified in the Company’s Consolidated Condensed Balance Sheets as follows ($ in millions):June 27, 2025December 31, 2024Derivative assets:Other long-term assets$84 $415 Derivative liabilities:Accrued expenses and other liabilities86 — Nonderivative hedging instruments:Long-term debt4,509 3,042 Amounts related to the Company’s derivatives expected to be reclassified from accumulated OCI to net earnings during the next 12 months, if interest rates and foreign exchange rates remain unchanged, were not significant.

NOTE 12.  STOCKHOLDERS' EQUITY AND STOCK-BASED COMPENSATION

Stockholders’ EquityOn July 16, 2013, the Company’s Board of Directors approved a repurchase program (the “Completed Repurchase Program”) authorizing the repurchase of up to 20 million shares of the Company’s common stock from time to time on the open market or in privately negotiated transactions.  During the year ended December 31, 2024, the Company repurchased approximately 20 million shares of the Company’s common stock under the Completed Repurchase Program including the repurchase of approximately 17.4 million shares of the Company’s common stock for approximately $4.6 billion, inclusive of excise taxes, during the second quarter of 2024.  As of December 31, 2024 no shares remained available for repurchase pursuant to the Completed Repurchase Program.   In the second quarter of 2025 the Company paid $56 million in excise taxes related to the 2024 share repurchases.  Cash paid for excise taxes on share repurchases is included in all other financing activities in the accompanying Consolidated Condensed Statement of Cash Flows.  On July 22, 2024, the Company’s Board of Directors approved a repurchase program (the “Repurchase Program