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Consolidated and Combined Balance Sheets (FY) - USD ($)
$ in Millions
Jun. 28, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Current assets:        
Cash and equivalents $ 1,043 $ 762 $ 0  
Trade accounts receivable, less allowance for doubtful accounts of $36 as of December 31, 2023 and $34 as of December 31, 2022 803 826 816  
Inventories 312 297 345  
Prepaid expenses and other current assets 175 188 119  
Total current assets 2,333 2,073 1,280  
Property, plant and equipment, net 263 262 247 $ 260
Other long-term assets 416 398 343  
Goodwill 2,490 2,533 2,476 2,502
Other intangible assets, net 401 427 479  
Total assets 5,903 5,693 4,825 $ 4,840
Current liabilities:        
Trade accounts payable 397 431 440  
Accrued expenses and other liabilities 793 834 683  
Total current liabilities 1,190 1,265 1,123  
Other long-term liabilities 426 410 462  
Long-term debt 2,615 2,629 0  
Equity:        
Preferred stock, $0.01 par value, as of December 31, 2023 and December 31, 2022, 15 million and 100 shares authorized, respectively; and 0 shares issued and outstanding as of both dates 0 0 0  
Common stock - $0.01 par value, as of December 31, 2023 and December 31, 2022, 1.0 billion shares and 100 shares authorized, respectively; and 246.4 million shares and 100 shares issued and outstanding, respectively 2 2 0  
Net Former Parent investment   0 4,189  
Additional paid-in capital 2,150 2,157 0  
Retained earnings 521 178 0  
Accumulated other comprehensive loss (1,007) (954) (954)  
Total Veralto equity 1,666 1,383 3,235  
Noncontrolling interests 6 6 5  
Total equity 1,672 1,389 3,240  
Total liabilities and equity $ 5,903 $ 5,693 $ 4,825