Company: DHR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000313616-25-000043
Chunk: 61

Company: DANAHER CORP /DE/
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 61
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 using NAV as the practical expedient have limits on their redemption to monthly, quarterly, semiannually or annually and require up to 90 days prior written notice.  These investments valued using NAV consist of mutual funds, venture capital funds, partnerships, real estate, and other private investments, which allow the Company to allocate investments across a broad array of types of funds and diversify the portfolio.  The fair values of the Company’s pension plan assets for both the U.S. and non-U.S. plans as of December 31, 2024 and 2023, by asset category were as follows ($ in millions):Quoted Prices in Active Market (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)Total20242023202420232024202320242023Cash and equivalents$209 $116 $— $— $— $— $209 $116 Equity securities:Common stock276 410 — — — — 276 410 Preferred stock1 — — — — — 1 — Fixed income securities:Corporate bonds— — 252 278 — — 252 278 Government issued— — 24 25 — — 24 25 Mutual funds118 112 164 167 — — 282 279 Insurance contracts— — 268 236 — — 268 236 Total$604 $638 $708 $706 $— $— 1,312 1,344 Investments measured at NAV(a):Common/collective trusts1,013 906 Venture capital, partnerships and other private investments368 454 Total assets at fair value$2,693 $2,704 (a)    The fair value amounts presented in the table above are intended to permit reconciliation of the fair value hierarchy to the total plan assets.

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Common stock traded on an active market, as well as mutual funds are valued at the quoted closing price reported on the active market on which the individual securities are traded.  Common stock, corporate bonds, U.S. government securities and mutual funds that are not traded on an active market are valued at quoted prices reported by investment brokers and dealers based on the underlying terms of the security and comparison to similar securities traded on an active market.  Insurance contracts are