Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Sep. 25, 2020	Dec. 31, 2019
Current assets:
Cash and equivalents	$ 1,489.1	$ 1,205.2
Accounts receivable, net	1,207.6	1,384.5
Inventories:
Finished goods	296.6	285.6
Work in process	98.3	100.4
Raw materials	266.9	254.3
Inventories	661.8	640.3
Prepaid expenses and other current assets	414.1	455.6
Current assets, discontinued operations	2.1	3.2
Total current assets	3,774.7	3,688.8
Property, plant and equipment, net of accumulated depreciation of $889.7 and $838.7 at September 25, 2020 and December 31, 2019, respectively	513.6	519.5
Operating lease right-of-use assets	215.1	206.8
Other assets	759.7	779.6
Goodwill	8,341.0	8,399.3
Other intangible assets, net	3,595.6	3,845.0
Total assets	17,199.7	17,439.0
Current liabilities:
Current portion of long-term debt	999.2	1,500.0
Trade accounts payable	777.1	765.5
Current operating lease liabilities	54.7	54.9
Accrued expenses and other current liabilities	1,210.0	1,146.8
Total current liabilities	3,041.0	3,467.2
Operating lease liabilities	171.0	159.0
Other long-term liabilities	1,600.4	1,584.2
Long-term debt	4,699.2	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 September 25, 2020 and December 31, 2019	0.0	0.0
Common stock: $0.01 par value, 2.0 billion shares authorized; 338.3 and 336.9 million issued; 337.2 and 336.0 million outstanding at September 25, 2020 and December 31, 2019, respectively	3.4	3.4
Additional paid-in capital	3,391.7	3,311.1
Retained earnings	4,372.7	4,128.8
Accumulated other comprehensive income (loss)	(91.7)	(56.3)
Total Fortive stockholders’ equity	7,676.1	7,387.0
Noncontrolling interests	12.0	13.2
Total stockholders’ equity	7,688.1	7,400.2
Total liabilities and equity	$ 17,199.7	$ 17,439.0