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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Sep. 27, 2019
Dec. 31, 2018
Current assets:    
Cash and equivalents $ 1,060.5 $ 1,178.4
Accounts receivable, net 1,332.0 1,195.1
Inventories:    
Finished goods 311.7 219.5
Work in process 102.3 103.1
Raw materials 266.7 251.9
Total inventories 680.7 574.5
Prepaid expenses and other current assets 374.9 193.2
Current assets, discontinued operations 17.8 30.0
Total current assets 3,465.9 3,171.2
Property, plant and equipment, net of accumulated depreciation of $825.7 and $889.8 at September 27, 2019 and December 31, 2018, respectively 519.8 576.1
Operating lease right-of-use assets 210.2  
Other assets 808.4 548.9
Goodwill 7,995.5 6,133.1
Other intangible assets, net 3,660.6 2,476.3
Total assets 16,660.4 12,905.6
Current liabilities:    
Current portion of long-term debt 1,000.0 455.6
Trade accounts payable 693.8 706.5
Current operating lease liabilities 52.2  
Accrued expenses and other current liabilities 1,154.6 999.3
Current liabilities, discontinued operations 15.7 30.7
Total current liabilities 2,916.3 2,192.1
Operating lease liabilities 165.3  
Other long-term liabilities 1,399.6 1,125.9
Long-term debt 5,015.6 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 September 27, 2019 and December 31, 2018 0.0 0.0
Common stock: $0.01 par value, 2.0 billion shares authorized; 336.6 and 335.1 million issued; 335.7 and 334.5 million outstanding at September 27, 2019 and December 31, 2018, respectively 3.4 3.4
Additional paid-in capital 3,291.2 3,126.0
Retained earnings 3,976.7 3,552.7
Accumulated other comprehensive income (loss) (119.6) (86.6)
Total Fortive stockholders’ equity 7,151.7 6,595.5
Noncontrolling interests 11.9 17.4
Total stockholders’ equity 7,163.6 6,612.9
Total liabilities and equity $ 16,660.4 $ 12,905.6