v3.26.1
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 26, 2026
Dec. 31, 2025
Current assets:    
Cash and equivalents $ 4,348 $ 4,615
Trade accounts receivable, less allowance for doubtful accounts of $121 and $114, respectively 3,965 3,913
Inventories:    
Finished goods 1,813 1,287
Work in process 537 469
Raw materials 910 733
Total inventories 3,260 2,489
Prepaid expenses and other current assets 1,808 1,739
Total current assets 13,381 12,756
Property, plant and equipment, net of accumulated depreciation of $4,915 and $4,767, respectively 5,825 5,531
Other long-term assets 4,389 4,209
Goodwill 47,414 43,151
Other intangible assets, net 21,358 17,817
Total assets 92,367 83,464
Current liabilities:    
Notes payable and current portion of long-term debt 1,411 2
Trade accounts payable 1,822 1,844
Accrued expenses and other liabilities 4,872 4,961
Total current liabilities 8,105 6,807
Other long-term liabilities 6,523 5,700
Long-term debt 25,147 18,416
Stockholders’ equity:    
Common stock - $0.01 par value, 2.0 billion shares authorized; 888.2 million issued and 702.9 million outstanding as of June 26, 2026; 886.9 million issued and 706.9 million outstanding as of December 31, 2025 9 9
Additional paid-in capital 17,459 17,194
Treasury stock (12,318) (11,353)
Retained earnings 48,226 46,891
Accumulated other comprehensive income (loss) (795) (207)
Total Danaher stockholders’ equity 52,581 52,534
Noncontrolling interests 11 7
Total stockholders’ equity 52,592 52,541
Total liabilities and stockholders’ equity $ 92,367 $ 83,464