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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Sep. 28, 2018
Dec. 31, 2017
Current assets:    
Cash and equivalents $ 1,145.1 $ 962.1
Accounts receivable, net 1,295.6 1,143.6
Inventories:    
Finished goods 222.7 217.2
Work in process 109.8 78.9
Raw materials 316.7 284.5
Total inventories 649.2 580.6
Prepaid expenses and other current assets 324.4 250.5
Total current assets 3,414.3 2,936.8
Property, plant and equipment, net of accumulated depreciation of $1,135.4 and $1,086.8 at September 28, 2018 and December 31, 2017, respectively 682.3 712.5
Other assets 523.0 476.8
Goodwill 6,743.3 5,098.5
Other intangible assets, net 2,499.9 1,276.0
Total assets 13,862.8 10,500.6
Current liabilities:    
Current portion of long-term debt 1,824.5 0.0
Trade accounts payable 758.7 727.5
Accrued expenses and other current liabilities 896.3 874.8
Total current liabilities 3,479.5 1,602.3
Other long-term liabilities 1,356.2 1,033.9
Long-term debt 3,178.0 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 September 28, 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; 350.3 and 348.2 million issued; 349.8 and 347.8 million outstanding at September 28, 2018 and December 31, 2017, respectively 3.5 3.5
Additional paid-in capital 3,862.5 2,444.1
Retained earnings 2,057.1 1,350.3
Accumulated other comprehensive income (loss) (92.8) (7.6)
Total Fortive stockholders’ equity 5,830.3 3,790.3
Noncontrolling interests 18.8 17.9
Total stockholders’ equity 5,849.1 3,808.2
Total liabilities and equity $ 13,862.8 $ 10,500.6