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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and equivalents $ 968.4 $ 803.2
Accounts receivable, net 985.0 945.4
Inventories:    
Finished goods 202.8 198.3
Work in process 89.6 79.3
Raw materials 268.2 267.0
Total inventories 560.6 544.6
Prepaid expenses and other current assets 187.7 195.5
Total current assets 2,701.7 2,488.7
Property, plant and equipment, net of accumulated depreciation of $1,053.1 and $1,004.2 at June 30, 2017 and December 31, 2016, respectively 562.8 547.6
Other assets 440.7 427.2
Goodwill 4,032.1 3,979.0
Other intangible assets, net 729.8 747.3
Total assets 8,467.1 8,189.8
Current liabilities:    
Trade accounts payable 648.6 666.2
Accrued expenses and other current liabilities 722.2 800.3
Total current liabilities 1,370.8 1,466.5
Other long-term liabilities 715.2 674.3
Long-term debt 3,208.1 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; 347.2 million and 346.0 million issued; 347.0 million and 345.9 million outstanding at June 30, 2017 and December 31,2016, respectively 3.5 3.5
Additional paid-in capital 2,427.1 2,427.2
Retained earnings 794.2 403.0
Accumulated other comprehensive income (loss) (55.3) (145.8)
Total Fortive stockholders' equity 3,169.5 2,687.9
Noncontrolling interests 3.5 3.1
Total stockholders' equity 3,173.0 2,691.0
Total liabilities and equity $ 8,467.1 $ 8,189.8