v3.26.1
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Apr. 03, 2026
Dec. 31, 2025
Current assets:    
Cash and equivalents $ 356.1 $ 375.5
Accounts receivable less allowance for doubtful accounts of $18.4 and $18.8, respectively 647.0 683.6
Inventories:    
Finished goods 175.0 169.9
Work in process 13.9 12.3
Raw materials 116.6 109.6
Inventories 305.5 291.8
Prepaid expenses and other current assets 233.8 234.0
Current assets, discontinued operations 4.8 20.8
Total current assets 1,547.2 1,605.7
Property, plant and equipment, net of accumulated depreciation of $447.0 and $430.2, respectively 276.3 269.8
Other assets 378.6 375.5
Goodwill 7,288.5 7,298.3
Other intangible assets, net 2,093.5 2,188.4
Total assets 11,584.1 11,737.7
Current liabilities:    
Current portion of long-term debt 899.8 899.5
Trade accounts payable 415.9 436.4
Accrued expenses and other current liabilities 869.6 910.7
Total current liabilities 2,185.3 2,246.6
Other long-term liabilities 718.1 723.5
Long-term debt 2,589.3 2,306.5
Equity:    
Common stock: $0.01 par value, 2,000 shares authorized; 371.3 and 366.6 issued; 305.6 and 313.4 outstanding, respectively 3.7 3.7
Additional paid-in capital 4,225.7 4,210.0
Treasury shares, at cost (3,734.3) (3,229.8)
Retained earnings 5,546.5 5,428.5
Accumulated other comprehensive income 41.5 41.0
Total Fortive stockholders’ equity 6,083.1 6,453.4
Noncontrolling interests 8.3 7.7
Total stockholders’ equity 6,091.4 6,461.1
Total liabilities and equity $ 11,584.1 $ 11,737.7