Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Sep. 29, 2023	Dec. 31, 2022
Current assets:
Cash and equivalents	$ 714.1	$ 709.2
Trade accounts receivable less allowance for doubtful accounts of $39.6 at September 29, 2023 and $43.9 at December 31, 2022	925.4	958.5
Inventories:
Finished goods	222.7	215.3
Work in process	110.7	96.4
Raw materials	219.1	225.0
Inventories	552.5	536.7
Prepaid expenses and other current assets	277.3	272.6
Total current assets	2,469.3	2,477.0
Property, plant and equipment, net of accumulated depreciation of $803.0 at September 29, 2023 and $754.5 at December 31, 2022	430.8	421.9
Other assets	479.3	455.8
Goodwill	9,058.7	9,048.5
Other intangible assets, net	3,226.3	3,487.4
Total assets	15,664.4	15,890.6
Current liabilities:
Current portion of long-term debt	749.9	999.7
Trade accounts payable	574.8	623.0
Accrued expenses and other current liabilities	1,095.3	1,104.4
Total current liabilities	2,420.0	2,727.1
Other long-term liabilities	1,178.7	1,223.3
Long-term debt	1,982.1	2,251.6
Commitments and Contingencies (Note 9)
Equity:
Common stock: $0.01 par value, 2.0 billion shares authorized; 363.4 million issued and 351.4 million outstanding at September 29, 2023; 361.5 million issued and 352.9 million outstanding at December 31, 2022	3.6	3.6
Additional paid-in capital	3,822.0	3,706.3
Treasury shares, at cost	(650.8)	(442.9)
Retained earnings	7,268.8	6,742.1
Accumulated other comprehensive loss	(365.8)	(325.7)
Total Fortive stockholders’ equity	10,077.8	9,683.4
Noncontrolling interests	5.8	5.2
Total stockholders’ equity	10,083.6	9,688.6
Total liabilities and equity	$ 15,664.4	$ 15,890.6