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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and equivalents $ 817.6 $ 803.2
Accounts receivable, net 944.1 945.4
Inventories:    
Finished goods 209.9 198.3
Work in process 90.1 79.3
Raw materials 271.6 267.0
Total inventories 571.6 544.6
Prepaid expenses and other current assets 184.1 195.5
Total current assets 2,517.4 2,488.7
Property, plant and equipment, net of accumulated depreciation of $1,027.6 and $1,004.2 at March 31, 2017 and December 31, 2016, respectively 552.9 547.6
Other assets 428.6 427.2
Goodwill 3,999.2 3,979.0
Other intangible assets, net 736.2 747.3
Total assets 8,234.3 8,189.8
Current liabilities:    
Trade accounts payable 623.3 666.2
Accrued expenses and other current liabilities 777.7 800.3
Total current liabilities 1,401.0 1,466.5
Other long-term liabilities 678.7 674.3
Long-term debt 3,262.7 3,358.0
Equity:    
Preferred stock: $0.01 par value, 15 million shares authorized; no shares issued or outstanding 0.0 0.0
Common stock: $0.01 par value, 2.0 billion shares authorized; 346.8 million and 346.0 million issued; 346.6 million and 345.9 million outstanding at March 31, 2017 and December 31,2016, respectively 3.5 3.5
Additional paid-in capital 2,407.8 2,427.2
Retained earnings 578.5 403.0
Accumulated other comprehensive income (loss) (101.4) (145.8)
Total Fortive stockholders' equity 2,888.4 2,687.9
Noncontrolling interests 3.5 3.1
Total stockholders' equity 2,891.9 2,691.0
Total liabilities and equity $ 8,234.3 $ 8,189.8