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Financing (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Components of Debt
The components of the Company’s debt as of December 31 were as follows (amounts in millions):
Outstanding Amount
Description and Aggregate Principal Amount20242023
Euro-denominated commercial paper (€931 million and €929 million, respectively)(e)
$965 $1,026 
1.7% senior unsecured notes due 3/30/2024 (€900 million) (the “2024 Euronotes”)(f)
— 993 
2.2% senior unsecured notes due 11/15/2024 ($700 million) (the “2024 Biopharma Notes”)(b)
— 699 
3.35% senior unsecured notes due 9/15/2025 ($500 million) (the “2025 U.S. Notes”)(f)
500 499 
0.2% senior unsecured notes due 3/18/2026 (€1.3 billion) (the “2026 Biopharma Euronotes”)(b)
1,293 1,376 
2.1% senior unsecured notes due 9/30/2026 (€800 million) (the “2026 Euronotes”)(f)
828 881 
0.3% senior unsecured notes due 5/11/2027 (¥30.8 billion) (the “2027 Yen Notes”)(d)
195 218 
1.2% senior unsecured notes due 6/30/2027 (€600 million) (the “2027 Euronotes”)(a)
620 660 
0.45% senior unsecured notes due 3/18/2028 (€1.3 billion) (the “2028 Biopharma Euronotes”)(b)
1,291 1,374 
1.125% senior unsecured bonds due 12/08/2028 (CHF 210 million) (the “2028 CHF Bonds”)(c)
233 252 
2.6% senior unsecured notes due 11/15/2029 ($800 million) (the “2029 Biopharma Notes”)(b)
797 797 
2.5% senior unsecured notes due 3/30/2030 (€800 million) (the “2030 Euronotes”)(f)
829 883 
0.75% senior unsecured notes due 9/18/2031 (€1.8 billion) (the “2031 Biopharma Euronotes”)(b)
1,805 1,923 
0.65% senior unsecured notes due 5/11/2032 (¥53.2 billion) (the “2032 Yen Notes”)(d)
337 376 
1.35% senior unsecured notes due 9/18/2039 (€1.3 billion) (the “2039 Biopharma Euronotes”)(b)
1,282 1,365 
3.25% senior unsecured notes due 11/15/2039 ($900 million) (the “2039 Biopharma Notes”)(b)
892 891 
4.375% senior unsecured notes due 9/15/2045 ($500 million) (the “2045 U.S. Notes”)(f)
499 499 
1.8% senior unsecured notes due 9/18/2049 (€750 million) (the “2049 Biopharma Euronotes”)(b)
769 819 
3.4% senior unsecured notes due 11/15/2049 ($900 million) (the “2049 Biopharma Notes”)(b)
890 890 
2.6% senior unsecured notes due 10/01/2050 ($1.0 billion) (the “2050 U.S. Notes”)(f)
982 981 
2.8% senior unsecured notes due 12/10/2051 ($1.0 billion) (the “2051 U.S. Notes”)(f)
985 984 
Other13 16 
Total debt16,005 18,402 
Less: currently payable(505)(1,695)
Long-term debt$15,500 $16,707 
(a) Issued by DH Europe Finance S.A. (“Danaher International”).
(b) Issued by DH Europe Finance II S.a.r.l. (“Danaher International II”).
(c) Issued by DH Switzerland Finance S.A. (“Danaher Switzerland”).
(d) Issued by DH Japan Finance S.A. (“Danaher Japan”).
(e) Issued by Danaher Corporation or Danaher International II.
(f) Issued by Danaher Corporation.
Schedule of Maturities of Long-term Debt
The Company’s minimum principal payments for the next five years are as follows ($ in millions):
2025$505 
20262,113 
2027809 
20282,484 
2029794 
Thereafter9,300