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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and equivalents $ 5,864 $ 5,995
Trade accounts receivable, less allowance for doubtful accounts of $120 as of December 31, 2023 and $92 as of December 31, 2022 3,922 4,102
Inventories 2,594 2,765
Prepaid expenses and other current assets 1,557 1,741
Current assets, discontinued operations 0 1,280
Total current assets 13,937 15,883
Property, plant and equipment, net 4,553 3,709
Other long-term assets 3,644 4,160
Goodwill 41,608 37,276
Other intangible assets, net 20,746 19,821
Other assets, discontinued operations 0 3,501
Total assets 84,488 84,350
Current liabilities:    
Notes payable and current portion of long-term debt 1,695 591
Trade accounts payable 1,766 1,856
Accrued expenses and other liabilities 4,813 4,815
Current liabilities, discontinued operations 0 1,127
Total current liabilities 8,274 8,389
Other long-term liabilities 6,017 6,498
Long-term debt 16,707 19,086
Long-term liabilities, discontinued operations 0 287
Stockholders’ equity:    
Preferred stock, no par value, 15.0 million shares authorized; no shares issued and outstanding as of December 31, 2023; 1.72 million shares of 5.00% Mandatory Convertible Preferred Stock, Series B, issued and outstanding as of December 31, 2022 0 1,668
Common stock - $0.01 par value, 2.0 billion shares authorized; 880.5 million issued and 739.2 million outstanding as of December 31, 2023; 869.3 million issued and 728.3 million outstanding as of December 31, 2022 9 9
Additional paid-in capital 14,151 12,072
Retained earnings 41,074 39,205
Accumulated other comprehensive income (loss) (1,748) (2,872)
Total Danaher stockholders’ equity 53,486 50,082
Noncontrolling interests 4 8
Total stockholders’ equity 53,490 50,090
Total liabilities and stockholders’ equity $ 84,488 $ 84,350