Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and equivalents	$ 1,888.8	$ 709.2
Accounts receivable less allowance for doubtful accounts of $39.2 and $43.9, respectively	960.8	958.5
Inventories	536.9	536.7
Prepaid expenses and other current assets	285.1	272.6
Total current assets	3,671.6	2,477.0
Property, plant and equipment, net	439.8	421.9
Other assets	518.9	455.8
Goodwill	9,121.7	9,048.5
Other intangible assets, net	3,159.8	3,487.4
Total assets	16,911.8	15,890.6
Current liabilities:
Current portion of long-term debt	0.0	999.7
Trade accounts payable	608.6	623.0
Accrued expenses and other current liabilities	1,182.7	1,104.4
Total current liabilities	1,791.3	2,727.1
Other long-term liabilities	1,149.0	1,223.3
Long-term debt	3,646.2	2,251.6
Commitments and Contingencies (Note 14)
Equity:
Common stock: $0.01 par value, 2.0 billion shares authorized; 363.7 and 361.5 issued; 350.7 and 352.9 outstanding; respectively	3.6	3.6
Additional paid-in capital	3,851.3	3,706.3
Treasury shares, at cost	(715.8)	(442.9)
Retained earnings	7,505.9	6,742.1
Accumulated other comprehensive loss	(326.1)	(325.7)
Total Fortive stockholders’ equity	10,318.9	9,683.4
Noncontrolling interests	6.4	5.2
Total stockholders’ equity	10,325.3	9,688.6
Total liabilities and equity	$ 16,911.8	$ 15,890.6