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Consolidated and Combined Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and equivalents $ 803.2 $ 0.0
Accounts receivable less allowance for doubtful accounts of $47.8 million and $45.6 million, respectively 945.4 979.3
Inventories 544.6 522.9
Prepaid expenses and other current assets 195.5 91.9
Total current assets 2,488.7 1,594.1
Property, plant and equipment, net 547.6 514.8
Other assets 427.2 393.7
Goodwill 3,979.0 3,949.0
Other intangible assets, net 747.3 759.0
Total assets 8,189.8 7,210.6
Current liabilities:    
Trade accounts payable 666.2 657.1
Accrued expenses and other current liabilities 800.3 666.4
Total current liabilities 1,466.5 1,323.5
Other long-term liabilities 674.3 704.6
Long-term debt 3,358.0 0.0
Equity:    
Preferred stock: $0.01 par value, 15 million and 100 shares authorized, respectively; no shares issued or outstanding in either period 0.0 0.0
Common stock: $0.01 par value, 2.0 billion and 100 shares authorized; 346.0 million and 100 shares issued; 345.9 million and 100 shares outstanding, respectively 3.5 0.0
Additional paid-in capital 2,427.2 0.0
Retained earnings 403.0 0.0
Net Former Parent Investment 0.0 5,193.9
Accumulated other comprehensive income (loss) (145.8) (14.4)
Total Fortive stockholders' equity 2,687.9 5,179.5
Noncontrolling interests 3.1 3.0
Total stockholders' equity 2,691.0 5,182.5
Total liabilities and equity $ 8,189.8 $ 7,210.6