XML 17 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Sep. 29, 2017
Dec. 31, 2016
Current assets:    
Cash and equivalents $ 910.9 $ 803.2
Accounts receivable, net 1,075.1 945.4
Inventories:    
Finished goods 209.5 198.3
Work in process 86.1 79.3
Raw materials 280.6 267.0
Total inventories 576.2 544.6
Prepaid expenses and other current assets 133.1 195.5
Total current assets 2,695.3 2,488.7
Property, plant and equipment, net of accumulated depreciation of $1,072.6 and $1,004.2 at September 29, 2017 and December 31, 2016, respectively 673.2 547.6
Other assets 440.1 427.2
Goodwill 4,632.3 3,979.0
Other intangible assets, net 886.1 747.3
Total assets 9,327.0 8,189.8
Current liabilities:    
Trade accounts payable 646.1 666.2
Accrued expenses and other current liabilities 733.2 800.3
Total current liabilities 1,379.3 1,466.5
Other long-term liabilities 797.5 674.3
Long-term debt 3,671.9 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; 347.9 million and 346.0 million issued; 347.5 million and 345.9 million outstanding at September 29, 2017 and December 31,2016, respectively 3.5 3.5
Additional paid-in capital 2,449.2 2,427.2
Retained earnings 1,037.8 403.0
Accumulated other comprehensive income (loss) (16.3) (145.8)
Total Fortive stockholders' equity 3,474.2 2,687.9
Noncontrolling interests 4.1 3.1
Total stockholders' equity 3,478.3 2,691.0
Total liabilities and equity $ 9,327.0 $ 8,189.8