Company: DHR
Filing Date: 2025-07-22
Form Type: 10-Q
Source: 0000313616-25-000153
Chunk: 19

Company: DANAHER CORP /DE/
Filing Date: 2025-07-22
Form: 10-Q
Item: Item 1
Chunk 19
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.  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, 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. 

14

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)June 27, 2025December 31, 2024June 27, 2025December 31, 2024June 27, 2025December 31, 2024June 27, 2025December 31, 2024Assets:Investment in equity securities$195 $218 $— $3 $— $— $— $— Cross-currency swap derivative contracts84 415 — — 84 415 — — Liabilities:Cross-currency swap derivative contracts86 — — — 86 — — — 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.  The Company’s investments in these equity securities are not classified in the fair value hierarchy due to the use of these measurement methods.  Additionally, the Company is a limited partner in partnerships that invest primarily in early-stage companies.  While the partnerships record these investments at fair value, the Company’s investments in the partnerships are accounted for under the equity method of accounting and are not subject to the fair value measurement disclosures noted above.  As of both June