Danaher Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,615	2,078	5,864	5,995	2,586
Cash & Short-Term Investments	4,615	2,078	5,864	5,995	2,586
Cash Growth	122.09%	-64.56%	-2.19%	131.82%	-57.15%
Accounts Receivable	3,913	3,537	3,922	4,179	4,706
Other Receivables	-	853	715	962	812
Receivables	3,913	4,390	4,637	5,141	5,518
Inventory	2,489	2,330	2,594	2,765	2,767
Prepaid Expenses	1,739	699	842	700	770
Other Current Assets	-	-	-	1,282	7
Total Current Assets	12,756	9,497	13,937	15,883	11,648
Property, Plant & Equipment	5,531	6,074	5,605	4,593	4,831
Long-Term Investments	-	-	5	11	20
Goodwill	43,151	40,497	41,608	37,276	41,184
Other Intangible Assets	17,817	18,568	20,746	19,821	22,843
Long-Term Deferred Tax Assets	-	2,292	1,905	1,426	1,233
Other Long-Term Assets	4,209	614	682	5,340	1,425
Total Assets	83,464	77,542	84,488	84,350	83,184
Accounts Payable	1,844	1,753	1,766	1,856	2,569
Accrued Expenses	4,961	1,342	1,339	1,393	1,664
Current Portion of Long-Term Debt	2	505	1,695	591	8
Current Portion of Leases	-	173	180	167	207
Current Income Taxes Payable	-	568	582	621	707
Current Unearned Revenue	-	1,299	1,465	1,456	1,613
Other Current Liabilities	-	1,158	1,247	2,305	1,372
Total Current Liabilities	6,807	6,798	8,274	8,389	8,140
Long-Term Debt	18,416	15,500	16,707	19,086	22,168
Long-Term Leases	-	968	954	772	889
Long-Term Unearned Revenue	-	232	249	221	213
Pension & Post-Retirement Benefits	-	560	544	492	876
Other Long-Term Liabilities	5,700	3,934	4,270	5,300	5,721
Total Liabilities	30,923	27,992	30,998	34,260	38,007
Common Stock	9	9	9	9	9
Additional Paid-In Capital	17,194	16,727	16,170	12,072	10,090
Retained Earnings	46,891	44,188	41,074	39,205	32,827
Treasury Stock	-11,353	-8,163	-2,019	-	-
Comprehensive Income & Other	-207	-3,218	-1,748	-2,872	-1,027
Total Common Equity	52,534	49,543	53,486	48,414	41,899
Minority Interest	7	7	4	8	10
Shareholders' Equity	52,541	49,550	53,490	50,090	45,177
Total Liabilities & Equity	83,464	77,542	84,488	84,350	83,184
Total Debt	18,418	17,146	19,536	20,616	23,272
Net Cash (Debt)	-13,803	-15,068	-13,672	-14,621	-20,686
Net Cash Per Share	-19.28	-20.44	-18.40	-19.84	-28.08
Filing Date Shares Outstanding	706.9	714.71	739.7	728.58	715.35
Total Common Shares Outstanding	706.9	719.1	739.2	728.3	715
Working Capital	5,949	2,699	5,663	7,494	3,508
Book Value Per Share	74.32	68.90	72.36	66.48	58.60
Tangible Book Value	-8,434	-9,522	-8,868	-8,683	-22,128
Tangible Book Value Per Share	-11.93	-13.24	-12.00	-11.92	-30.95
Land	-	230	210	201	203
Buildings	-	2,548	2,269	1,795	1,676
Machinery	-	4,430	4,106	3,477	3,610

Source: S&P Global Market Intelligence. Standard template. Financial Sources.