Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and equivalents	$ 712.8	$ 709.2
Trade accounts receivable less allowance for doubtful accounts of $40.4 at June 30, 2023 and $43.9 at December 31, 2022	935.2	958.5
Inventories:
Finished goods	231.2	215.3
Work in process	105.2	96.4
Raw materials	224.8	225.0
Inventories	561.2	536.7
Prepaid expenses and other current assets	265.4	272.6
Total current assets	2,474.6	2,477.0
Property, plant and equipment, net of accumulated depreciation of $789.2 at June 30, 2023 and $754.5 at December 31, 2022	425.9	421.9
Other assets	474.3	455.8
Goodwill	9,051.9	9,048.5
Other intangible assets, net	3,304.0	3,487.4
Total assets	15,730.7	15,890.6
Current liabilities:
Current portion of long-term debt	999.9	999.7
Trade accounts payable	585.6	623.0
Accrued expenses and other current liabilities	999.5	1,104.4
Total current liabilities	2,585.0	2,727.1
Other long-term liabilities	1,195.7	1,223.3
Long-term debt	1,978.2	2,251.6
Commitments and Contingencies (Note 8)
Equity:
Common stock: $0.01 par value, 2.0 billion shares authorized; 362.7 million issued and 351.9 million outstanding at June 30, 2023; 361.5 million issued and 352.9 million outstanding at December 31, 2022	3.6	3.6
Additional paid-in capital	3,778.7	3,706.3
Treasury shares, at cost	(572.0)	(442.9)
Retained earnings	7,075.4	6,742.1
Accumulated other comprehensive loss	(319.9)	(325.7)
Total Fortive stockholders’ equity	9,965.8	9,683.4
Noncontrolling interests	6.0	5.2
Total stockholders’ equity	9,971.8	9,688.6
Total liabilities and equity	$ 15,730.7	$ 15,890.6