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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and equivalents $ 19,912.3 $ 787.8
Trade accounts receivable, less allowance for doubtful accounts of $103.7 as of December 31, 2019 and $102.5 as of December 31, 2018 3,191.4 3,029.8
Inventories 1,628.3 1,631.4
Prepaid expenses and other current assets 864.6 858.0
Current assets, discontinued operations 0.0 786.8
Total current assets 25,596.6 7,093.8
Property, plant and equipment, net 2,302.0 2,249.6
Other long-term assets 1,720.8 571.0
Goodwill 22,712.5 22,580.5
Other intangible assets, net 9,749.7 10,282.8
Other assets, discontinued operations 0.0 5,054.8
Total assets 62,081.6 47,832.5
Current liabilities:    
Notes payable and current portion of long-term debt 212.4 51.8
Trade accounts payable 1,514.4 1,495.4
Accrued expenses and other liabilities 3,205.3 2,689.3
Current liabilities, discontinued operations 0.0 605.0
Total current liabilities 4,932.1 4,841.5
Other long-term liabilities 5,350.9 4,701.6
Long-term debt 21,516.7 9,688.5
Long-term liabilities, discontinued operations 0.0 374.2
Stockholders’ equity:    
Preferred stock, without 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, 2019; no shares issued or outstanding as of December 31, 2018 1,599.6 0.0
Common stock - $0.01 par value, 2.0 billion shares authorized; 835.5 million issued and 695.5 million outstanding as of December 31, 2019; 817.9 million issued and 701.5 million outstanding as of December 31, 2018 8.4 8.2
Additional paid-in capital 7,564.6 5,834.3
Retained earnings 24,166.3 25,163.0
Accumulated other comprehensive income (loss) (3,068.3) (2,791.1)
Total Danaher stockholders’ equity 30,270.6 28,214.4
Noncontrolling interests 11.3 12.3
Total stockholders’ equity 30,281.9 28,226.7
Total liabilities and stockholders’ equity $ 62,081.6 $ 47,832.5