Common stock shares authorized

[Table of Contents](#ia72a687f7b8a4bb1b43219ab5b663314_7)DANAHER CORPORATION AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS($ in millions, except per share amount)

|  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |
|   | As of December 31 |
|   | 2021 |  | 2020 |
| ASSETS |  |  |  |
| 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  |  |
|  |  |  |  |
| LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |
| 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  |  |

See the accompanying Notes to the Consolidated Financial Statements.62
