XML 15 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED AND COMBINED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and equivalents $ 724.8 $ 0.0
Trade accounts receivable, net 972.0 979.3
Inventories:    
Finished goods 204.2 184.1
Work in process 80.4 77.1
Raw materials 273.5 261.7
Total inventories 558.1 522.9
Prepaid expenses and other current assets 104.3 91.9
Total current assets 2,359.2 1,594.1
Property, plant and equipment, net of accumulated depreciation of $1,006.3 and $976.8, respectively 538.3 514.8
Other assets 412.0 393.7
Goodwill 4,048.0 3,949.0
Other intangible assets, net 775.8 759.0
Total assets 8,133.3 7,210.6
Current liabilities:    
Trade accounts payable 619.4 657.1
Accrued expenses and other current liabilities 749.6 666.4
Total current liabilities 1,369.0 1,323.5
Other long-term liabilities 695.6 704.6
Long-term debt 3,509.1 0.0
Equity:    
Preferred stock: $0.01 par value, 15 million and 100 shares authorized, respectively; and no shares issued or outstanding 0.0 0.0
Common stock: $0.01 par value, 2.0 billion and 100 shares authorized, respectively; and 345.7 million and 100 shares issued and outstanding, respectively 3.5 0.0
Additional paid-in capital 2,375.3 0.0
Retained earnings 202.7 0.0
Former Parent's investment, net 0.0 5,193.9
Accumulated other comprehensive income (loss) (25.5) (14.4)
Total Fortive stockholders' equity 2,556.0 5,179.5
Noncontrolling interests 3.6 3.0
Total stockholders' equity 2,559.6 5,182.5
Total liabilities and equity $ 8,133.3 $ 7,210.6