v3.26.3
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Sep. 25, 2026
Dec. 31, 2025
Current assets:    
Cash and equivalents $ 5,682 $ 4,615
Trade accounts receivable, less allowance for doubtful accounts of $122 and $114, respectively 4,126 3,913
Inventories:    
Finished goods 1,676 1,287
Work in process 542 469
Raw materials 916 733
Total inventories 3,134 2,489
Prepaid expenses and other current assets 1,845 1,739
Total current assets 14,787 12,756
Property, plant and equipment, net of accumulated depreciation of $5,042 and $4,767, respectively 5,773 5,531
Other long-term assets 4,354 4,209
Goodwill 47,315 43,151
Other intangible assets, net 21,052 17,817
Total assets 93,281 83,464
Current liabilities:    
Notes payable and current portion of long-term debt 2,094 2
Trade accounts payable 1,742 1,844
Accrued expenses and other liabilities 5,214 4,961
Total current liabilities 9,050 6,807
Other long-term liabilities 6,210 5,700
Long-term debt 24,388 18,416
Stockholders’ equity:    
Common stock - $0.01 par value, 2.0 billion shares authorized; 888.8 million issued and 703.4 million outstanding as of September 25, 2026; 886.9 million issued and 706.9 million outstanding as of December 31, 2025 9 9
Additional paid-in capital 17,628 17,194
Treasury stock (12,330) (11,353)
Retained earnings 49,179 46,891
Accumulated other comprehensive income (loss) (865) (207)
Total Danaher stockholders’ equity 53,621 52,534
Noncontrolling interests 12 7
Total stockholders’ equity 53,633 52,541
Total liabilities and stockholders’ equity $ 93,281 $ 83,464