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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jul. 02, 2021
Dec. 31, 2020
Current assets:    
Cash and equivalents $ 7,322 $ 6,035
Trade accounts receivable, less allowance for doubtful accounts of $117 and $132, respectively 4,103 4,045
Inventories:    
Finished goods 1,300 1,232
Work in process 433 369
Raw materials 814 691
Total inventories 2,547 2,292
Prepaid expenses and other current assets 1,420 1,430
Total current assets 15,392 13,802
Property, plant and equipment, net of accumulated depreciation of $3,331 and $3,182, respectively 3,410 3,262
Other long-term assets 3,118 2,395
Goodwill 35,590 35,420
Other intangible assets, net 20,517 21,282
Total assets 78,027 76,161
Current liabilities:    
Notes payable and current portion of long-term debt 23 11
Trade accounts payable 1,967 2,049
Accrued expenses and other liabilities 4,835 5,342
Total current liabilities 6,825 7,402
Other long-term liabilities 8,036 7,789
Long-term debt 20,400 21,193
Stockholders’ equity:    
Preferred stock, no par value, 15.0 million shares authorized; 1.65 million shares of 4.75% Mandatory Convertible Preferred Stock, Series A, issued and outstanding as of July 2, 2021 and December 31, 2020; 1.72 million shares of 5.00% Mandatory Convertible Preferred Stock, Series B, issued and outstanding as of July 2, 2021 and December 31, 2020 3,268 3,268
Common stock - $0.01 par value, 2.0 billion shares authorized; 854.4 million issued and 713.8 million outstanding as of July 2, 2021; 851.3 million issued and 711.0 million outstanding as of December 31, 2020 9 9
Additional paid-in capital 9,890 9,698
Retained earnings 30,264 27,159
Accumulated other comprehensive income (loss) (675) (368)
Total Danaher stockholders’ equity 42,756 39,766
Noncontrolling interests 10 11
Total stockholders’ equity 42,766 39,777
Total liabilities and stockholders’ equity $ 78,027 $ 76,161