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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 28, 2019
Dec. 31, 2018
Current assets:    
Cash and equivalents $ 1,092.1 $ 1,178.4
Accounts receivable, net 1,315.2 1,195.1
Inventories:    
Finished goods 336.3 219.5
Work in process 97.0 103.1
Raw materials 260.4 251.9
Total inventories 693.7 574.5
Prepaid expenses and other current assets 313.9 193.2
Current assets, discontinued operations 21.4 30.0
Total current assets 3,436.3 3,171.2
Property, plant and equipment, net of accumulated depreciation of $821.4 and $889.8 at June 28, 2019 and December 31, 2018, respectively 514.7 576.1
Operating lease right-of-use assets 197.6  
Other assets 755.4 548.9
Goodwill 7,750.9 6,133.1
Other intangible assets, net 3,813.2 2,476.3
Total assets 16,468.1 12,905.6
Current liabilities:    
Current portion of long-term debt 1,000.0 455.6
Trade accounts payable 697.9 706.5
Current operating lease liabilities 51.3  
Accrued expenses and other current liabilities 1,024.9 999.3
Current liabilities, discontinued operations 17.1 30.7
Total current liabilities 2,791.2 2,192.1
Operating lease liabilities 151.0  
Other long-term liabilities 1,306.5 1,125.9
Long-term debt 5,196.5 2,974.7
Equity:    
Preferred stock: $0.01 par value, 15.0 million shares authorized; 5.0% Mandatory convertible preferred stock, series A, 1.4 million shares designated, issued and outstanding at June 28, 2019 and December 31, 2018 0.0 0.0
Common stock: $0.01 par value, 2.0 billion shares authorized; 336.2 and 335.1 million issued; 335.4 and 334.5 million outstanding at June 28, 2019 and December 31, 2018, respectively 3.4 3.4
Additional paid-in capital 3,265.4 3,126.0
Retained earnings 3,810.4 3,552.7
Accumulated other comprehensive income (loss) (67.6) (86.6)
Total Fortive stockholders’ equity 7,011.6 6,595.5
Noncontrolling interests 11.3 17.4
Total stockholders’ equity 7,022.9 6,612.9
Total liabilities and equity $ 16,468.1 $ 12,905.6