v3.26.1
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Jul. 03, 2026
Dec. 31, 2025
Current assets:    
Cash and equivalents $ 374.2 $ 375.5
Accounts receivable less allowance for doubtful accounts of $18.8 and $18.8, respectively 657.8 683.6
Inventories:    
Finished goods 180.0 169.9
Work in process 13.3 12.3
Raw materials 117.5 109.6
Inventories 310.8 291.8
Prepaid expenses and other current assets 249.4 234.0
Current assets, discontinued operations 4.9 20.8
Total current assets 1,597.1 1,605.7
Property, plant and equipment, net of accumulated depreciation of $454.7 and $430.2, respectively 280.3 269.8
Other assets 375.8 375.5
Goodwill 7,339.7 7,298.3
Other intangible assets, net 2,022.1 2,188.4
Total assets 11,615.0 11,737.7
Current liabilities:    
Current portion of long-term debt 0.0 899.5
Trade accounts payable 427.9 436.4
Accrued expenses and other current liabilities 858.7 910.7
Total current liabilities 1,286.6 2,246.6
Other long-term liabilities 749.7 723.5
Long-term debt 3,509.3 2,306.5
Equity:    
Common stock: $0.01 par value, 2,000 shares authorized; 371.7 and 366.6 issued; 302.6 and 313.4 outstanding, respectively 3.7 3.7
Additional paid-in capital 4,262.7 4,210.0
Treasury shares, at cost (3,936.3) (3,229.8)
Retained earnings 5,685.7 5,428.5
Accumulated other comprehensive income 44.8 41.0
Total Fortive stockholders’ equity 6,060.6 6,453.4
Noncontrolling interests 8.8 7.7
Total stockholders’ equity 6,069.4 6,461.1
Total liabilities and equity $ 11,615.0 $ 11,737.7