Company: DHR
Filing Date: 2025-04-22
Form Type: 10-Q
Source: 0000313616-25-000088
Chunk: 77

Company: DANAHER CORP /DE/
Filing Date: 2025-04-22
Form: 10-Q
Item: Item 8
Chunk 77
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 beginning of period884.3 880.5 Common stock-based compensation awards1.3 1.8 Balance, end of period885.6 882.3 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 March 28, 2025, approximately 42 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 Ended March 28, 2025March 29, 2024RSUs/PSUs:Pretax compensation expense$35 $32 Income tax benefit(7)(6)RSU/PSU expense, net of income taxes28 26 Stock options:Pretax compensation expense26 28 Income tax benefit(5)(6)Stock option expense, net of income taxes21 22 Total stock-based compensation:Pretax compensation expense61 60 Income tax benefit(12)(12)Total stock-based compensation expense, net of income taxes$49 $48 Stock-based compensation has been recognized as a component of SG&A expenses in the accompanying Consolidated Condensed Statements of Earnings.  As of March 28, 2025, $294 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 March 28, 2025, $242 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.

17

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 as an adjustment to stockholders’ equity.  Foreign currency translation adjustments generally relate to indefinite investments in non-U.S. subsidiaries, as well as the impact from the Company’s hedges of its net investment in foreign operations, including the Company’s cross-currency swap derivatives, net of any income tax impacts.  The changes in accumulated OCI by component are summarized below ($ in millions).