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Consolidated and Combined Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and equivalents $ 962.1 $ 803.2
Accounts receivable less allowance for doubtful accounts of $44.1 million and $47.8 million at December 31, 2017 and December 31, 2016, respectively 1,143.6 945.4
Inventories 580.6 544.6
Prepaid expenses and other current assets 250.5 195.5
Total current assets 2,936.8 2,488.7
Property, plant and equipment, net 712.5 547.6
Other assets 476.8 427.2
Goodwill 5,098.5 3,979.0
Other intangible assets, net 1,276.0 747.3
Total assets 10,500.6 8,189.8
Current liabilities:    
Trade accounts payable 727.5 666.2
Accrued expenses and other current liabilities 874.8 800.3
Total current liabilities 1,602.3 1,466.5
Other long-term liabilities 1,033.9 674.3
Long-term debt 4,056.2 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; 348.2 million and 346.0 million issued; 347.8 million and 345.9 million outstanding at December 31, 2017 and December 31, 2016, respectively 3.5 3.5
Additional paid-in capital 2,444.1 2,427.2
Retained earnings 1,350.3 403.0
Accumulated other comprehensive income (loss) (7.6) (145.8)
Total Fortive stockholders' equity 3,790.3 2,687.9
Noncontrolling interests 17.9 3.1
Total stockholders' equity 3,808.2 2,691.0
Total liabilities and equity $ 10,500.6 $ 8,189.8