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STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
The following summarizes the components of our stock-based compensation expense under the Stock Plan for the years ended December 31 ($ in millions):
 202520242023
Stock Awards:
Pretax compensation expense$85.5 $64.2 $66.5 
Income tax benefit(13.0)(9.6)(9.5)
Stock Award expense, net of income taxes72.5 54.6 57.0 
Stock options:
Pretax compensation expense31.3 25.9 28.0 
Income tax benefit(4.4)(3.7)(3.7)
Stock option expense, net of income taxes26.9 22.2 24.3 
Total stock-based compensation:
Pretax compensation expense116.8 90.1 94.5 
Income tax benefit(17.4)(13.3)(13.2)
Total stock-based compensation, net of income taxes
$99.4 $76.8 $81.3 
Schedule of Future Compensation Amounts Future compensation amounts will be adjusted for any changes in estimated forfeitures ($ in millions):
Stock Awards$83.4 
Stock options19.3 
Total unrecognized compensation cost$102.7 
Schedule of Assumptions Used
The following summarizes the assumptions used in the Black-Scholes model to value stock options granted under the Stock Plan during the years ended December 31:
202520242023
Weighted-average grant-date fair value
$27.47 $29.28 $18.59 
Assumptions:
Risk-free interest rate
4.1% - 4.3%
3.8% - 4.4%
3.5% - 4.5%
Volatility (a)
27.4 %28.8 %28.6 %
Dividend yield (b)
0.4 %0.4 %0.4 %
Expected years until exercise
5.5 - 8.0
5.5 - 8.0
5.5 - 8.0
(a) Expected volatility for 2025 was based on is based on the company’s historical stock price volatility from July 2, 2016 (the date of separation from Danaher) through the stock option grant date. Expected volatility for 2024 and 2023 were weighted average blend of the company’s historical stock price volatility from July 2, 2016 (the date of separation from Danaher) through the stock option grant date and the average historical stock price volatility of a group of peer companies for the expected term of the options.
(b) The dividend yield is calculated by dividing our annual dividend, based on the most recent quarterly dividend rate, by Fortive’s closing stock price on the grant date.
Schedule of Stock Option Activity
The following summarizes option activity under the Stock Plan (in millions, except price per share and numbers of years):
Options (a)
Weighted
Average
Exercise
Price		Weighted 
Average
Remaining
Contractual Term
(years)		Aggregate
Intrinsic
Value
Outstanding as of December 31, 2023
14.9 $40.00 
Granted2.0 48.16 
Exercised(2.7)37.00 
Canceled/forfeited(0.5)51.98 
Outstanding as of December 31, 2024
13.7 41.37 
Granted0.7 54.79 
Exercised(2.4)35.13 
Canceled/forfeited(0.4)54.24 
Adjustment due to PT Separation (b)
(2.2)44.67 
Outstanding as of December 31, 20259.4 49.44 5$62.5 
Vested and expected to vest as of December 31, 2025 (c)
9.4 49.40 5$62.3 
Exercisable as of December 31, 20256.4 47.17 4$52.5 
(a) The outstanding options as of December 31, 2024 and the option activity prior to December 31, 2024 (except those options canceled as part of the PT Separation as noted below) have been adjusted by a factor of 1.3662, as noted above, due to the PT Separation.
(b) The “Adjustment due to PT Separation” reflects the cancellation of outstanding options held by Ralliant employees as of June 27, 2025, which were replaced with Ralliant options issued by Ralliant as part of the PT Separation.

(c) The “expected to vest” options are the net unvested options that remain after applying the forfeiture rate assumption to total unvested options.
Schedule of Aggregate Intrinsic Value and Cash Receipts
The following summarizes aggregate intrinsic value and cash receipts related to stock options that were exercised under the Stock Plan for the years ended December 31 ($ in millions):
 202520242023
Aggregate intrinsic value of stock options exercised$46.3 $56.6 $35.9 
Cash receipts from stock options exercised$72.3 $96.9 $51.5 
Schedule of Stock Award Activity
The following summarizes information related to Stock Award activity under the Stock Plan for the years ended December 31, 2025 and 2024 (in millions; except price per share):
Number of
Stock Awards (a)
Weighted Average
Grant-Date
Fair Value
Unvested as of December 31, 20234.5 $44.00 
Granted1.8 54.19 
Vested (b)
(1.2)48.52 
Forfeited(0.4)52.09 
Unvested as of December 31, 20244.7 46.07 
Granted1.8 58.62 
Vested (b)
(1.3)50.81 
Forfeited(0.5)55.16 
Adjustment due to PT Separation (c)
(0.7)50.59 
Unvested as of December 31, 20254.0 55.85 
(a) The outstanding stock awards as of December 31, 2024 and the option activity prior to December 31, 2024 (except those options canceled as part of the PT Separation as noted below) have been adjusted by a factor of 1.3662, as noted above, due to the PT Separation.
(b) The fair value of Stock Awards vested during the year ended December 31, 2025, 2024, and 2023 was $60.6 million, $50.7 million, and $53.0 million, respectively.
(c) The “Adjustment due to PT Separation” reflects the cancellation of unvested awards held by Ralliant employees as of June 27, 2025, which were replaced with Ralliant equity awards issued by Ralliant as part of the PT Separation.