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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 29, 2018
Dec. 31, 2017
Current assets:    
Cash and equivalents $ 2,368.2 $ 962.1
Accounts receivable, net 1,187.8 1,143.6
Inventories:    
Finished goods 223.2 217.2
Work in process 107.9 78.9
Raw materials 311.2 284.5
Total inventories 642.3 580.6
Prepaid expenses and other current assets 305.1 250.5
Total current assets 4,503.4 2,936.8
Property, plant and equipment, net of accumulated depreciation of $1,114.9 and $1,086.8 at June 29, 2018 and December 31, 2017, respectively 690.4 712.5
Other assets 479.5 476.8
Goodwill 5,081.9 5,098.5
Other intangible assets, net 1,230.9 1,276.0
Total assets 11,986.1 10,500.6
Current liabilities:    
Current portion of long-term debt 799.3 0.0
Trade accounts payable 763.5 727.5
Accrued expenses and other current liabilities 735.9 874.8
Total current liabilities 2,298.7 1,602.3
Other long-term liabilities 1,118.1 1,033.9
Long-term debt 2,927.4 4,056.2
Equity:    
5.0% Mandatory convertible preferred stock, series A: $0.01 par value, 15.0 million shares authorized; 1.4 million shares issued and outstanding at June 29, 2018; no shares issued or outstanding at December 31, 2017 0.0 0.0
Common stock: $0.01 par value, 2.0 billion shares authorized; 349.5 and 348.2 million issued; 349.0 and 347.8 million outstanding at June 29, 2018 and December 31,2017, respectively 3.5 3.5
Additional paid-in capital 3,836.8 2,444.1
Retained earnings 1,853.9 1,350.3
Accumulated other comprehensive income (loss) (69.6) (7.6)
Total Fortive stockholders’ equity 5,624.6 3,790.3
Noncontrolling interests 17.3 17.9
Total stockholders’ equity 5,641.9 3,808.2
Total liabilities and equity $ 11,986.1 $ 10,500.6