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Consolidated Statements Of Cash Flows - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net earnings $ 2,553.7 $ 3,357.4 $ 2,598.4
Less: earnings from discontinued operations, net of income taxes 400.3 1,610.7 959.7
Net earnings from continuing operations 2,153.4 1,746.7 1,638.7
Noncash items:      
Depreciation 545.0 484.0 448.9
Amortization 583.1 396.8 269.2
Stock-based compensation expense 129.8 103.8 84.7
Pretax loss on early extinguishment of borrowings 178.8 0.0 0.0
Pretax gain on sales of investments 223.4 12.4 122.6
Change in deferred income taxes (383.9) (184.2) 201.9
Change in trade accounts receivable, net (183.1) 0.8 (42.7)
Change in inventories 9.4 146.5 68.8
Change in trade accounts payable 78.1 50.3 79.7
Change in prepaid expenses and other assets (62.4) (68.9) (144.8)
Change in accrued expenses and other liabilities 262.7 168.8 189.4
Total operating cash provided by continuing operations 3,087.5 2,832.2 2,671.2
Total operating cash provided by discontinued operations 434.3 969.6 1,087.2
Net cash provided by operating activities 3,521.8 3,801.8 3,758.4
Cash flows from investing activities:      
Cash paid for acquisitions (4,880.1) (14,247.8) (2,839.4)
Payments for additions to property, plant and equipment (589.6) (512.9) (465.4)
Payments for purchases of investments 0.0 (87.1) 0.0
Proceeds from sales of investments 264.8 43.0 167.1
All other investing activities 31.7 66.3 16.5
Total investing cash used in continuing operations (5,173.2) (14,738.5) (3,121.2)
Total investing cash used in discontinued operations (69.8) (212.5) (323.1)
Net cash used in investing activities (5,243.0) (14,951.0) (3,444.3)
Cash flows from financing activities:      
Proceeds from the issuance of common stock 164.5 249.0 132.9
Payment of dividends (399.8) (354.1) (227.7)
Make-whole premiums to redeem borrowings prior to maturity (188.1) 0.0 0.0
Net proceeds from borrowings (maturities of 90 days or less) 2,218.1 3,511.2 312.2
Proceeds from borrowings (maturities longer than 90 days) 3,240.9 5,682.9 0.0
Repayments of borrowings (maturities longer than 90 days) (2,480.6) (35.5) (414.7)
All other financing activities (27.0) (3.3) (20.9)
Total financing cash provided by (used in) provided by continuing operations 2,528.0 9,050.2 (218.2)
Cash distributions to Fortive Corporation, net (485.3) 0.0 0.0
Net cash provided by (used in) financing activities 2,042.7 9,050.2 (218.2)
Effect of exchange rate changes on cash and equivalents (148.6) (115.8) (205.5)
Net change in cash and equivalents 172.9 (2,214.8) (109.6)
Beginning balance of cash and equivalents 790.8 3,005.6 3,115.2
Ending balance of cash and equivalents 963.7 790.8 3,005.6
Supplemental disclosure:      
Shares redeemed through the distribution of the communications business, value 0.0 2,291.7 0.0
Distribution of noncash net assets to Fortive Corporation $ (1,983.6) $ 0.0 $ 0.0