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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and equivalents $ 2,586 $ 6,035
Trade accounts receivable, less allowance for doubtful accounts of $124 as of December 31, 2021 and $132 as of December 31, 2020 4,631 4,045
Inventories 2,767 2,292
Prepaid expenses and other current assets 1,664 1,430
Total current assets 11,648 13,802
Property, plant and equipment, net 3,790 3,262
Other long-term assets 3,719 2,395
Goodwill 41,184 35,420
Other intangible assets, net 22,843 21,282
Total assets 83,184 76,161
Current liabilities:    
Notes payable and current portion of long-term debt 8 11
Trade accounts payable 2,569 2,049
Accrued expenses and other liabilities 5,563 5,342
Total current liabilities 8,140 7,402
Other long-term liabilities 7,699 7,789
Long-term debt 22,168 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 December 31, 2021 and December 31, 2020; 1.72 million shares of 5.00% Mandatory Convertible Preferred Stock, Series B, issued and outstanding as of December 31, 2021 and December 31, 2020 3,268 3,268
Common stock - $0.01 par value, 2.0 billion shares authorized; 855.7 million issued and 715.0 million outstanding as of December 31, 2021; 851.3 million issued and 711.0 million outstanding as of December 31, 2020 9 9
Additional paid-in capital 10,090 9,698
Retained earnings 32,827 27,159
Accumulated other comprehensive income (loss) (1,027) (368)
Total Danaher stockholders’ equity 45,167 39,766
Noncontrolling interests 10 11
Total stockholders’ equity 45,177 39,777
Total liabilities and stockholders’ equity $ 83,184 $ 76,161