Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Jun. 26, 2020	Dec. 31, 2019
Current assets:
Cash and equivalents	$ 1,063.0	$ 1,205.2
Accounts receivable, net	1,129.2	1,384.5
Inventories:
Finished goods	294.9	285.6
Work in process	102.5	100.4
Raw materials	267.1	254.3
Inventories	664.5	640.3
Prepaid expenses and other current assets	390.4	455.6
Current assets, discontinued operations	3.3	3.2
Total current assets	3,250.4	3,688.8
Property, plant and equipment, net of accumulated depreciation of $867.9 and $838.7 at June 26, 2020 and December 31, 2019, respectively	519.8	519.5
Operating lease right-of-use assets	207.8	206.8
Other assets	758.7	779.6
Goodwill	8,297.7	8,399.3
Other intangible assets, net	3,671.3	3,845.0
Total assets	16,705.7	17,439.0
Current liabilities:
Current portion of long-term debt	998.8	1,500.0
Trade accounts payable	733.0	765.5
Current operating lease liabilities	52.6	54.9
Accrued expenses and other current liabilities	1,092.0	1,146.8
Total current liabilities	2,876.4	3,467.2
Operating lease liabilities	163.8	159.0
Other long-term liabilities	1,572.4	1,584.2
Long-term debt	4,686.2	4,828.4
Commitments and Contingencies
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 26, 2020 and December 31, 2019	0.0	0.0
Common stock: $0.01 par value, 2.0 billion shares authorized; 337.9 and 336.9 million issued; 337.0 and 336.0 million outstanding at June 26, 2020 and December 31, 2019, respectively	3.4	3.4
Additional paid-in capital	3,360.7	3,311.1
Retained earnings	4,187.8	4,128.8
Accumulated other comprehensive income (loss)	(156.6)	(56.3)
Total Fortive stockholders’ equity	7,395.3	7,387.0
Noncontrolling interests	11.6	13.2
Total stockholders’ equity	7,406.9	7,400.2
Total liabilities and equity	$ 16,705.7	$ 17,439.0