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General
 3 Months Ended
Apr. 02, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
General GENERAL
The Consolidated Condensed Financial Statements included herein have been prepared by Danaher Corporation (“Danaher” or the “Company”) without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In this quarterly report, the terms “Danaher” or the “Company” refer to Danaher Corporation, Danaher Corporation and its consolidated subsidiaries, or the consolidated subsidiaries of Danaher Corporation, as the context requires. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) have been condensed or omitted pursuant to SEC rules and regulations; however, the Company believes that the disclosures are adequate to make the information presented not misleading. The Consolidated Condensed Financial Statements included herein should be read in conjunction with the financial statements as of and for the year ended December 31, 2020 and the Notes thereto included in the Company’s 2020 Annual Report on Form 10-K filed on February 24, 2021 (the “2020 Annual Report”).
In the opinion of the Company, the accompanying financial statements contain all adjustments (consisting of only normal recurring accruals) necessary to present fairly the financial position of the Company as of April 2, 2021 and December 31, 2020, its results of operations for the three-month periods ended April 2, 2021 and April 3, 2020 and its cash flows for each of the three-month periods then ended.
There have been no changes to the Company’s significant accounting policies described in the Company’s 2020 Annual Report that have a material impact on the Company’s Consolidated Condensed Financial Statements and the related Notes. Reclassifications of certain prior year amounts have been made to conform to the current year presentation.
Accounting Standards Not Yet Adopted—In August 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) No. 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity. The ASU includes amendments to the guidance on convertible instruments and the derivative scope exception for contracts in an entity’s own equity and simplifies the accounting for convertible instruments which include beneficial conversion features or cash conversion features by removing certain separation models in Subtopic 470-20. Additionally, the ASU will require entities to use the “if-converted” method when calculating diluted earnings per share for convertible instruments. The ASU is effective for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. Management has not yet completed its assessment of the impact of the new standard on the Company’s financial statements.
Operating Leases—As of April 2, 2021 and December 31, 2020, operating lease right-of-use assets where the Company was the lessee were $945 million and $942 million, respectively, and are included within other long-term assets in the accompanying Consolidated Condensed Balance Sheets.  The associated operating lease liabilities were $978 million and $974 million as of April 2, 2021 and December 31, 2020, respectively, and are included in accrued expenses and other liabilities and other long-term liabilities.
Accumulated Other Comprehensive Income (Loss)—Accumulated other comprehensive income (loss) refers to certain gains and losses that under U.S. GAAP are included in comprehensive income (loss) but are excluded from net earnings as these amounts are initially recorded as an adjustment to stockholders’ equity. The changes in accumulated other comprehensive income (loss) by component are summarized below ($ in millions). Foreign currency translation adjustments generally relate to indefinite investments in non-U.S. subsidiaries, as well as the impact from the Company’s hedges of its net investment in foreign operations, including the Company’s cross-currency swap derivatives, net of any income tax impacts.
Foreign Currency Translation AdjustmentsPension and Postretirement Plan Benefit AdjustmentsUnrealized Gain (Loss) on Available-For-Sale Securities AdjustmentsCash Flow Hedge AdjustmentsTotal
For the Three-Month Period Ended April 2, 2021:
Balance, December 31, 2020$745 $(928)$— $(185)$(368)
Other comprehensive income (loss) before reclassifications:
(Decrease) increase(917)— — 110 (807)
Income tax impact(5)— — — (5)
Other comprehensive income (loss) before reclassifications, net of income taxes(922)— — 110 (812)
Amounts reclassified from accumulated other comprehensive income (loss):
Increase (decrease)— 13 (a)— (152)(b)(139)
Income tax impact— (3)— — (3)
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes— 10 — (152)(142)
Net current period other comprehensive income (loss), net of income taxes(922)10 — (42)(954)
Balance, April 2, 2021$(177)$(918)$— $(227)$(1,322)
For the Three-Month Period Ended April 3, 2020:
Balance, December 31, 2019$(2,173)$(781)$(1)$(113)$(3,068)
Other comprehensive income (loss) before reclassifications:
(Decrease) increase(132)— 1 651 520 
Income tax impact(22)— — (119)(141)
Other comprehensive income (loss) before reclassifications, net of income taxes(154)— 1 532 379 
Amounts reclassified from accumulated other comprehensive income (loss):
Increase (decrease)— 11 (a)— (139)(b)(128)
Income tax impact— (3)— 29 26 
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes— 8 — (110)(102)
Net current period other comprehensive income (loss), net of income taxes(154)8 1 422 277 
Balance, April 3, 2020$(2,327)$(773)$— $309 $(2,791)
(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost (refer to Notes 9 and 11 for additional details).
(b) Reflects reclassification to earnings related to hedges of certain long-term debt (refer to Note 8 for additional details).