Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Jul. 01, 2022	Dec. 31, 2021
Current assets:
Cash and equivalents	$ 682.9	$ 819.3
Trade accounts receivable, net	940.9	930.2
Inventories:
Finished goods	224.8	215.4
Work in process	104.0	94.0
Raw materials	218.9	203.3
Inventories	547.7	512.7
Prepaid expenses and other current assets	273.8	252.7
Total current assets	2,445.3	2,514.9
Property, plant and equipment, net of accumulated depreciation of $733.1 and $679.0 at July 1, 2022 and December 31, 2021, respectively	407.6	395.5
Other assets	481.3	512.9
Goodwill	9,058.2	9,152.0
Other intangible assets, net	3,678.5	3,890.2
Total assets	16,070.9	16,465.5
Current liabilities:
Current portion of long-term debt	999.9	2,151.7
Trade accounts payable	581.7	557.9
Accrued expenses and other current liabilities	1,029.7	1,005.3
Total current liabilities	2,611.3	3,714.9
Other long-term liabilities	1,328.0	1,426.3
Long-term debt	2,682.2	1,807.3
Commitments and Contingencies
Equity:
Preferred stock: $0.01 par value, 15.0 million shares authorized and no shares issued or outstanding at July 1, 2022 and December 31, 2021	0.0	0.0
Common stock: $0.01 par value, 2.0 billion shares authorized; 361.2 and 360.4 million issued; 355.6 and 359.1 million outstanding at July 1, 2022 and December 31, 2021, respectively	3.6	3.6
Additional paid-in capital	3,651.2	3,670.0
Treasury shares, at cost	(242.9)	0.0
Retained earnings	6,374.5	6,023.6
Accumulated other comprehensive loss	(342.1)	(185.0)
Total Fortive stockholders’ equity	9,444.3	9,512.2
Noncontrolling interests	5.1	4.8
Total stockholders’ equity	9,449.4	9,517.0
Total liabilities and equity	$ 16,070.9	$ 16,465.5