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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Apr. 01, 2022
Dec. 31, 2021
Current assets:    
Cash and equivalents $ 3,717 $ 2,586
Trade accounts receivable, less allowance for doubtful accounts of $130 and $124, respectively 4,407 4,631
Inventories:    
Finished goods 1,493 1,343
Work in process 530 473
Raw materials 1,049 951
Inventory, Net 3,072 2,767
Prepaid expenses and other current assets 1,474 1,664
Total current assets 12,670 11,648
Property, plant and equipment, net of accumulated depreciation of $3,517 and $3,465, respectively 3,815 3,790
Other long-term assets 4,098 3,719
Goodwill 40,663 41,184
Other intangible assets, net 22,146 22,843
Total assets 83,392 83,184
Current liabilities:    
Notes payable and current portion of long-term debt 10 8
Trade accounts payable 2,357 2,569
Accrued expenses and other liabilities 5,180 5,563
Total current liabilities 7,547 8,140
Other long-term liabilities 7,715 7,699
Long-term debt 21,768 22,168
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 April 1, 2022 and December 31, 2021; 1.72 million shares of 5.00% Mandatory Convertible Preferred Stock, Series B, issued and outstanding as of April 1, 2022 and December 31, 2021 3,268 3,268
Common stock - $0.01 par value, 2.0 billion shares authorized; 857.0 million issued and 716.0 million outstanding as of April 1, 2022; 855.7 million issued and 715.0 million outstanding as of December 31, 2021 9 9
Additional paid-in capital 10,123 10,090
Retained earnings 34,332 32,827
Accumulated other comprehensive income (loss) (1,376) (1,027)
Total Danaher stockholders’ equity 46,356 45,167
Noncontrolling interests 6 10
Total stockholders’ equity 46,362 45,177
Total liabilities and stockholders’ equity $ 83,392 $ 83,184