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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Mar. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and equivalents $ 1,015.7 $ 962.1
Accounts receivable, net 1,172.1 1,143.6
Inventories:    
Finished goods 216.6 217.2
Work in process 96.7 78.9
Raw materials 302.6 284.5
Total inventories 615.9 580.6
Prepaid expenses and other current assets 276.0 250.5
Total current assets 3,079.7 2,936.8
Property, plant and equipment, net of accumulated depreciation of $1,117.3 and $1,086.8 at March 30, 2018 and December 31, 2017, respectively 709.8 712.5
Other assets 480.5 476.8
Goodwill 5,126.2 5,098.5
Other intangible assets, net 1,259.2 1,276.0
Total assets 10,655.4 10,500.6
Current liabilities:    
Trade accounts payable 711.7 727.5
Accrued expenses and other current liabilities 749.7 874.8
Total current liabilities 1,461.4 1,602.3
Other long-term liabilities 1,087.4 1,033.9
Long-term Debt 3,996.9 4,056.2
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; 349.0 million and 348.2 million issued; 348.5 million and 347.8 million outstanding at March 30, 2018 and December 31,2017, respectively 3.5 3.5
Additional paid-in capital 2,476.1 2,444.1
Retained earnings 1,583.3 1,350.3
Accumulated other comprehensive income (loss) 29.5 (7.6)
Total Fortive stockholders’ equity 4,092.4 3,790.3
Noncontrolling interests 17.3 17.9
Total stockholders’ equity 4,109.7 3,808.2
Total liabilities and equity $ 10,655.4 $ 10,500.6