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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Mar. 29, 2019
Dec. 31, 2018
Current assets:    
Cash and equivalents $ 3,728.9 $ 1,178.4
Accounts receivable, net 1,146.6 1,195.1
Inventories:    
Finished goods 244.1 219.5
Work in process 98.3 103.1
Raw materials 265.9 251.9
Total inventories 608.3 574.5
Prepaid expenses and other current assets 286.2 193.2
Current assets, discontinued operations 26.3 30.0
Total current assets 5,796.3 3,171.2
Property, plant and equipment, net of accumulated depreciation of $797.7 and $889.8 at March 29, 2019 and December 31, 2018, respectively 468.3 576.1
Operating lease right-of-use assets 166.4 0.0
Other assets 620.7 548.9
Goodwill 6,169.0 6,133.1
Other intangible assets, net 2,435.5 2,476.3
Total assets 15,656.2 12,905.6
Current liabilities:    
Current portion of long-term debt 1,055.4 455.6
Trade accounts payable 667.8 706.5
Current operating lease liabilities 55.9 0.0
Accrued expenses and other current liabilities 837.8 999.3
Current liabilities, discontinued operations 22.7 30.7
Total current liabilities 2,639.6 2,192.1
Operating lease liabilities 112.5 0.0
Other long-term liabilities 1,313.1 1,125.9
Long-term debt 4,728.3 2,974.7
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 March 29, 2019 and December 31, 2018 0.0 0.0
Common stock: $0.01 par value, 2.0 billion shares authorized; 335.8 and 335.1 million issued; 335.0 and 334.5 million outstanding at March 29, 2019 and December 31, 2018, respectively 3.4 3.4
Additional paid-in capital 3,240.3 3,126.0
Retained earnings 3,676.4 3,552.7
Accumulated other comprehensive income (loss) (69.4) (86.6)
Total Fortive stockholders’ equity 6,850.7 6,595.5
Noncontrolling interests 12.0 17.4
Total stockholders’ equity 6,862.7 6,612.9
Total liabilities and equity $ 15,656.2 $ 12,905.6