Fortive Corporation(NYSE:FTV)

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; fa...
Website: http://www.fortive.com
Founded: 2016
Full Time Employees: 25,000
Sector: Technology
Industry: Scientific & Technical Instruments
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-04-03 | 2025-12-31 | 2025-09-26 | 2025-06-27 | 2025-03-28 | 2024-12-31 | 2024-09-27 | 2024-06-28 | 2024-03-29 | 2023-12-31 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-07-01 | 2022-04-01 | 2021-12-31 | 2021-10-01 | 2021-07-02 | 2021-04-02 | 2020-12-31 | 2020-09-25 | 2020-06-26 | 2020-03-27 | 2019-12-31 | 2019-09-27 | 2019-06-28 | 2019-03-29 | 2018-12-31 | 2018-09-28 | 2018-06-29 | 2018-03-30 | 2017-12-31 | 2017-09-29 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-07-01 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
sales: | ||||||||||||||||||||||||||||||||||||||||
products and software | 860,800,000 | |||||||||||||||||||||||||||||||||||||||
services | 208,600,000 | |||||||||||||||||||||||||||||||||||||||
total sales | 1,069,400,000 | 1,122,500,000 | 1,027,100,000 | 1,518,800,000 | 1,474,200,000 | 1,620,300,000 | 1,534,600,000 | 1,552,400,000 | 1,524,500,000 | 1,583,700,000 | 1,494,500,000 | 1,526,400,000 | 1,460,700,000 | 1,529,900,000 | 1,456,000,000 | 1,463,300,000 | 1,376,500,000 | 1,376,300,000 | 1,299,500,000 | 1,319,700,000 | 1,259,200,000 | -552,600,000 | 1,902,300,000 | 1,571,200,000 | 1,713,500,000 | 2,002,400,000 | 1,860,000,000 | 1,864,700,000 | 1,592,900,000 | |||||||||||
yoy | -27.46% | -30.72% | -33.07% | -2.16% | -3.30% | 2.31% | 2.68% | 1.70% | 4.37% | 3.52% | 2.64% | 4.31% | 6.12% | 11.16% | 12.04% | 10.88% | 9.32% | -349.06% | -31.69% | -16.01% | -26.51% | -127.60% | 2.27% | -15.74% | 7.57% | |||||||||||||||
qoq | -4.73% | 9.29% | -32.37% | 3.03% | -9.02% | 5.58% | -1.15% | 1.83% | -3.74% | 5.97% | -2.09% | 4.50% | -4.52% | 5.08% | -0.50% | 6.31% | 0.01% | 5.91% | -1.53% | 4.80% | -327.87% | -129.05% | 21.07% | -8.30% | -14.43% | 7.66% | -0.25% | 17.06% | ||||||||||||
cost of sales: | ||||||||||||||||||||||||||||||||||||||||
total cost of sales | -393,900,000 | -413,600,000 | -377,900,000 | -623,100,000 | -593,300,000 | -643,100,000 | -613,300,000 | -624,100,000 | -620,300,000 | -636,200,000 | -601,500,000 | -621,000,000 | -612,500,000 | -637,400,000 | -610,600,000 | -629,800,000 | -584,500,000 | -580,800,000 | -555,300,000 | -564,200,000 | -547,300,000 | 487,600,000 | -918,900,000 | -756,900,000 | -837,700,000 | -966,500,000 | -932,300,000 | -960,700,000 | -780,200,000 | |||||||||||
gross profit | 675,500,000 | 708,900,000 | 649,200,000 | 895,700,000 | 880,900,000 | 977,200,000 | 921,300,000 | 928,300,000 | 904,200,000 | 947,500,000 | 893,000,000 | 905,400,000 | 848,200,000 | 892,500,000 | 845,400,000 | 833,500,000 | 792,000,000 | 795,500,000 | 744,200,000 | 755,500,000 | 711,900,000 | -65,000,000 | 983,400,000 | 814,300,000 | 875,800,000 | 1,035,900,000 | 927,700,000 | 904,000,000 | 812,700,000 | 587,300,000 | 924,300,000 | 938,900,000 | 870,800,000 | 910,000,000 | 839,400,000 | 805,100,000 | 744,000,000 | 796,600,000 | 772,900,000 | 768,100,000 |
yoy | -23.32% | -27.46% | -29.53% | -3.51% | -2.58% | 3.13% | 3.17% | 2.53% | 6.60% | 6.16% | 5.63% | 8.63% | 7.10% | 12.19% | 13.60% | 10.32% | 11.25% | -1323.85% | -24.32% | -7.22% | -18.71% | -106.27% | 6.00% | -9.92% | 7.76% | 76.38% | 0.37% | -3.72% | -6.67% | -35.46% | 10.11% | 16.62% | 17.04% | 14.24% | 8.60% | 4.82% | ||||
qoq | -4.71% | 9.20% | -27.52% | 1.68% | -9.85% | 6.07% | -0.75% | 2.67% | -4.57% | 6.10% | -1.37% | 6.74% | -4.96% | 5.57% | 1.43% | 5.24% | -0.44% | 6.89% | -1.50% | 6.12% | -1195.23% | -106.61% | 20.77% | -7.02% | -15.46% | 11.66% | 2.62% | 11.23% | 38.38% | -36.46% | -1.56% | 7.82% | -4.31% | 8.41% | 4.26% | 8.21% | -6.60% | 3.07% | 0.62% | |
gross margin % | 63.17% | 63.15% | 63.21% | 58.97% | 59.75% | 60.31% | 60.04% | 59.80% | 59.31% | 59.83% | 59.75% | 59.32% | 58.07% | 58.34% | 58.06% | 56.96% | 57.54% | 57.80% | 57.27% | 57.25% | 56.54% | 11.76% | 51.70% | 51.83% | 51.11% | 51.73% | 49.88% | 48.48% | 51.02% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
operating costs: | ||||||||||||||||||||||||||||||||||||||||
selling, general and administrative | -417,300,000 | -311,075,000 | -427,600,000 | -564,300,000 | -542,200,000 | |||||||||||||||||||||||||||||||||||
research and development | -66,500,000 | -66,000,000 | -62,000,000 | -109,200,000 | -105,100,000 | |||||||||||||||||||||||||||||||||||
operating profit | 191,700,000 | 225,500,000 | 159,600,000 | 222,200,000 | 233,600,000 | 307,100,000 | 295,500,000 | 301,800,000 | 302,200,000 | 310,900,000 | 291,100,000 | 291,300,000 | 240,400,000 | 290,900,000 | 251,900,000 | 232,300,000 | 212,300,000 | 203,100,000 | 200,800,000 | 211,300,000 | 197,600,000 | -81,700,000 | 310,400,000 | 191,100,000 | 119,600,000 | 295,200,000 | 242,100,000 | 249,500,000 | 217,300,000 | 136,300,000 | 321,400,000 | 382,400,000 | 338,200,000 | 355,800,000 | 355,900,000 | 348,300,000 | 294,900,000 | 337,700,000 | 323,200,000 | 322,100,000 |
yoy | -17.94% | -26.57% | -45.99% | -26.38% | -22.70% | -1.22% | 1.51% | 3.60% | 25.71% | 6.88% | 15.56% | 25.40% | 13.24% | 43.23% | 25.45% | 9.94% | 7.44% | -348.59% | -35.31% | 10.57% | 65.22% | -127.68% | 28.21% | -23.41% | -44.96% | 116.58% | -24.67% | -34.75% | -35.75% | -61.69% | -9.69% | 9.79% | 14.68% | 5.36% | 10.12% | 8.13% | ||||
qoq | -14.99% | 41.29% | -28.17% | -4.88% | -23.93% | 3.93% | -2.09% | -0.13% | -2.80% | 6.80% | -0.07% | 21.17% | -17.36% | 15.48% | 8.44% | 9.42% | 4.53% | 1.15% | -4.97% | 6.93% | -341.86% | -126.32% | 62.43% | 59.78% | -59.49% | 21.93% | -2.97% | 14.82% | 59.43% | -57.59% | -15.95% | 13.07% | -4.95% | -0.03% | 2.18% | 18.11% | -12.67% | 4.49% | 0.34% | |
operating margin % | 17.93% | 20.09% | 15.54% | 14.63% | 15.85% | 18.95% | 19.26% | 19.44% | 19.82% | 19.63% | 19.48% | 19.08% | 16.46% | 19.01% | 17.30% | 15.88% | 15.42% | 14.76% | 15.45% | 16.01% | 15.69% | 14.78% | 16.32% | 12.16% | 6.98% | 14.74% | 13.02% | 13.38% | 13.64% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
non-operating income, net: | ||||||||||||||||||||||||||||||||||||||||
interest expense | -31,600,000 | -31,000,000 | -25,400,000 | -32,100,000 | -32,000,000 | -33,100,000 | -37,000,000 | -38,700,000 | -44,000,000 | -28,500,000 | -29,800,000 | -33,100,000 | -32,100,000 | -32,100,000 | -26,400,000 | -21,000,000 | -18,800,000 | -25,200,000 | -25,100,000 | -25,200,000 | -27,700,000 | -17,800,000 | -43,900,000 | -43,200,000 | -43,600,000 | -47,500,000 | -47,000,000 | -44,400,000 | -25,300,000 | -22,700,000 | -24,400,000 | -25,300,000 | -24,600,000 | -17,050,000 | -22,900,000 | -22,700,000 | -22,600,000 | -22,900,000 | -23,400,000 | -2,700,000 |
other non-operating income | 3,500,000 | 775,000 | 800,000 | 1,900,000 | -175,000 | -1,400,000 | 5,300,000 | |||||||||||||||||||||||||||||||||
earnings from continuing operations before income taxes | 163,600,000 | 193,900,000 | 135,000,000 | 257,000,000 | 217,500,000 | 208,200,000 | 190,800,000 | 177,200,000 | 174,100,000 | 207,500,000 | 118,700,000 | 1,018,000,000 | 265,100,000 | 153,200,000 | 71,400,000 | 242,700,000 | 235,100,000 | 204,300,000 | 192,400,000 | |||||||||||||||||||||
income taxes | -27,200,000 | -2,400,000 | -18,000,000 | -25,400,000 | -29,500,000 | -65,900,000 | -10,600,000 | -33,600,000 | -26,600,000 | -12,300,000 | -39,100,000 | -41,400,000 | -32,200,000 | -29,800,000 | -27,600,000 | -35,200,000 | -25,700,000 | -7,800,000 | -23,000,000 | -25,500,000 | -7,000,000 | 35,800,000 | -39,300,000 | -22,900,000 | -29,100,000 | -63,900,000 | -27,800,000 | -29,000,000 | -28,400,000 | 3,600,000 | -50,900,000 | -61,000,000 | -51,700,000 | -1,100,000 | -80,500,000 | -85,500,000 | -72,600,000 | -90,300,000 | -72,900,000 | -80,500,000 |
net earnings from continuing operations | 136,400,000 | 191,500,000 | 117,000,000 | 227,200,000 | 189,900,000 | 173,000,000 | 165,100,000 | 169,400,000 | 151,100,000 | 182,000,000 | 111,700,000 | 1,053,800,000 | 225,800,000 | 130,300,000 | 42,300,000 | 178,800,000 | 207,300,000 | 175,300,000 | 164,000,000 | |||||||||||||||||||||
net earnings from discontinued operations | -5,800,000 | -62,000,000 | ||||||||||||||||||||||||||||||||||||||
net earnings | 136,400,000 | 185,700,000 | 55,000,000 | 166,600,000 | 171,900,000 | 208,800,000 | 221,600,000 | 195,100,000 | 207,400,000 | 265,200,000 | 218,000,000 | 209,000,000 | 173,600,000 | 227,200,000 | 189,900,000 | 173,000,000 | 165,100,000 | 166,500,000 | 150,800,000 | 180,900,000 | 110,200,000 | 1,215,600,000 | 225,800,000 | 130,000,000 | 41,900,000 | 192,800,000 | 207,100,000 | 174,600,000 | 164,400,000 | 2,112,300,000 | 245,300,000 | 295,000,000 | 261,200,000 | 336,900,000 | 267,800,000 | 240,100,000 | 199,700,000 | 224,500,000 | 226,900,000 | 238,900,000 |
yoy | -20.65% | -11.06% | -75.18% | -14.61% | -17.12% | -21.27% | 1.65% | -6.65% | 19.47% | 16.73% | 14.80% | 20.81% | 5.15% | 36.46% | 25.93% | -4.37% | 49.82% | -86.30% | -33.22% | 39.15% | 163.01% | 530.50% | 9.03% | -25.54% | -74.51% | -90.87% | -15.57% | -40.81% | -37.06% | 526.98% | -8.40% | 22.87% | 30.80% | 50.07% | 18.03% | 0.50% | ||||
qoq | -26.55% | 237.64% | -66.99% | -3.08% | -17.67% | -5.78% | 13.58% | -5.93% | -21.79% | 21.65% | 4.31% | 20.39% | -23.59% | 19.64% | 9.77% | 4.78% | -0.84% | 10.41% | -16.64% | 64.16% | -90.93% | 438.35% | 73.69% | 210.26% | -78.27% | -6.90% | 18.61% | 6.20% | -92.22% | 761.11% | -16.85% | 12.94% | -22.47% | 25.80% | 11.54% | 20.23% | -11.05% | -1.06% | -5.02% | |
net income margin % | 12.75% | 16.54% | 5.35% | 10.97% | 11.66% | 12.89% | 14.44% | 12.57% | 13.60% | 16.75% | 14.59% | 13.69% | 11.88% | 14.85% | 13.04% | 11.82% | 11.99% | 12.10% | 11.60% | 13.71% | 8.75% | -219.98% | 11.87% | 8.27% | 2.45% | 9.63% | 11.13% | 9.36% | 10.32% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
net earnings per common share from continuing operations: | ||||||||||||||||||||||||||||||||||||||||
basic | 440,000 | 590,000 | 350,000 | 0.49 | 0.5 | 2,389,998.22 | 0.63 | 0.56 | 0.59 | 2,459,998.3 | 0.62 | 0.59 | 0.49 | 640,000 | 530,000 | 480,000 | 460,000 | 470,000 | 420,000 | 490,000 | 280,000 | 3,070,000 | 620,000 | 340,000 | 70,000 | 480,000 | 570,000 | 470,000 | 440,000 | 320,000 | 650,000 | 840,000 | 0.75 | 0.97 | 0.77 | 0.69 | 0.58 | 0.65 | 0.66 | |
diluted | 440,000 | 590,000 | 350,000 | 0.49 | 0.5 | 2,359,998.24 | 0.63 | 0.55 | 0.58 | 2,429,998.31 | 0.61 | 0.59 | 0.49 | 640,000 | 530,000 | 480,000 | 450,000 | 470,000 | 420,000 | 480,000 | 280,000 | 3,030,000 | 610,000 | 330,000 | 70,000 | 470,000 | 560,000 | 470,000 | 430,000 | 310,000 | 640,000 | 830,000 | 0.74 | 0.95 | 0.76 | 0.68 | 0.57 | 0.64 | 0.65 | |
net earnings per common share from discontinued operations: | ||||||||||||||||||||||||||||||||||||||||
net earnings per share: | ||||||||||||||||||||||||||||||||||||||||
average common stock and common equivalent shares outstanding: | ||||||||||||||||||||||||||||||||||||||||
basic | 309.6 | 331,999,662.8 | 330.8 | 339.6 | 341.1 | 349,199,649.3 | 349.2 | 351.3 | 351.7 | 352,499,647.1 | 352.1 | 353 | 353.6 | 356,399,642.7 | 355.2 | 357.4 | 359.3 | 348,999,654.4 | 358.9 | 339.4 | 338.6 | 337,399,662.7 | 337.6 | 337.3 | 336.8 | 335,799,664.4 | 336.1 | 335.6 | 335.1 | -349,199,654.5 | 349,900,000 | 349,200,000 | 348.6 | 0.2 | 347.7 | 347.2 | 347 | 0.2 | 346 | |
diluted | 312.8 | 334,599,660.1 | 333.4 | 341.7 | 344.6 | 352,799,645.6 | 352.3 | 354.8 | 356 | 355,599,644 | 356.1 | 355.5 | 356.5 | 360,799,638 | 357.9 | 359.8 | 368.4 | 352,299,651.2 | 362.2 | 342.4 | 341.7 | 358,999,659.8 | 340.8 | 339.7 | 340 | 339,999,660.3 | 339.9 | 339.7 | 339.5 | -354,799,649.3 | 355,300,000 | 355,000,000 | 354.4 | 0.4 | 352.9 | 352.2 | 351.5 | 0.7 | 349.2 | |
sales of products and software | 607,900,000 | 814,400,000 | 1,277,400,000 | 1,248,400,000 | 1,380,100,000 | 1,293,400,000 | 1,308,900,000 | 1,299,900,000 | 1,351,400,000 | 1,258,900,000 | 1,290,800,000 | 1,236,600,000 | 1,310,300,000 | 1,227,700,000 | 1,229,400,000 | 1,152,700,000 | 829,700,000 | 1,105,600,000 | 1,136,000,000 | 1,077,200,000 | 1,131,700,000 | 1,671,300,000 | 1,367,700,000 | 1,487,800,000 | ||||||||||||||||
sales of services | 151,250,000 | 212,700,000 | 241,400,000 | 225,800,000 | 240,200,000 | 241,200,000 | 243,500,000 | 224,600,000 | 232,300,000 | 235,600,000 | 235,600,000 | 224,100,000 | 219,600,000 | 228,300,000 | 233,900,000 | 223,800,000 | 199,000,000 | 193,900,000 | 183,700,000 | 182,000,000 | 17,500,000 | 231,000,000 | 203,500,000 | 225,700,000 | 258,200,000 | 235,400,000 | 241,700,000 | 187,800,000 | ||||||||||||
cost of product and software sales | -202,425,000 | -270,000,000 | -503,500,000 | -475,700,000 | -517,800,000 | -484,700,000 | -500,200,000 | -492,000,000 | -517,600,000 | -479,000,000 | -500,100,000 | -488,100,000 | -527,000,000 | -494,400,000 | -508,300,000 | -465,100,000 | -339,150,000 | -448,300,000 | -464,000,000 | -444,300,000 | -525,500,000 | -774,600,000 | -634,900,000 | -692,500,000 | ||||||||||||||||
cost of service sales | -73,675,000 | -107,900,000 | -119,600,000 | -117,600,000 | -125,300,000 | -128,600,000 | -123,900,000 | -128,300,000 | -118,600,000 | -122,500,000 | -120,900,000 | -124,400,000 | -110,400,000 | -116,200,000 | -121,500,000 | -119,400,000 | -104,000,000 | -107,000,000 | -100,200,000 | -103,000,000 | 29,000,000 | -144,300,000 | -122,000,000 | -145,200,000 | -152,800,000 | -151,100,000 | -152,700,000 | -132,300,000 | ||||||||||||
certain amounts may not sum due to rounding. | ||||||||||||||||||||||||||||||||||||||||
gain on sale of property | 63,100,000 | |||||||||||||||||||||||||||||||||||||||
loss from divestiture | -25,600,000 | |||||||||||||||||||||||||||||||||||||||
earnings before income taxes | 192,000,000 | 201,400,000 | 274,700,000 | 232,200,000 | 228,700,000 | 234,000,000 | 178,325,000 | 257,100,000 | 250,400,000 | 205,800,000 | 241,300,000 | 296,200,000 | 356,000,000 | 312,900,000 | 338,000,000 | 348,300,000 | 325,600,000 | 272,300,000 | 314,800,000 | 299,800,000 | 319,400,000 | |||||||||||||||||||
net earnings per share: | ||||||||||||||||||||||||||||||||||||||||
basic | 440,000 | 590,000 | 350,000 | 0.49 | 0.5 | 2,389,998.22 | 0.63 | 0.56 | 0.59 | 2,459,998.3 | 0.62 | 0.59 | 0.49 | 640,000 | 530,000 | 480,000 | 460,000 | 470,000 | 420,000 | 490,000 | 280,000 | 3,070,000 | 620,000 | 340,000 | 70,000 | 480,000 | 570,000 | 470,000 | 440,000 | 320,000 | 650,000 | 840,000 | 0.75 | 0.97 | 0.77 | 0.69 | 0.58 | 0.65 | 0.66 | |
diluted | 440,000 | 590,000 | 350,000 | 0.49 | 0.5 | 2,359,998.24 | 0.63 | 0.55 | 0.58 | 2,429,998.31 | 0.61 | 0.59 | 0.49 | 640,000 | 530,000 | 480,000 | 450,000 | 470,000 | 420,000 | 480,000 | 280,000 | 3,030,000 | 610,000 | 330,000 | 70,000 | 470,000 | 560,000 | 470,000 | 430,000 | 310,000 | 640,000 | 830,000 | 0.74 | 0.95 | 0.76 | 0.68 | 0.57 | 0.64 | 0.65 | |
other non-operating expense | -200,000 | -14,825,000 | -26,300,000 | -8,800,000 | -24,200,000 | -3,625,000 | -4,200,000 | -7,800,000 | -2,500,000 | -3,450,000 | -8,000,000 | -3,100,000 | -2,700,000 | -2,375,000 | -1,600,000 | -4,600,000 | -3,300,000 | |||||||||||||||||||||||
selling, general and administrative expenses | -402,625,000 | -524,100,000 | -525,400,000 | -561,000,000 | -381,300,000 | -503,500,000 | -514,000,000 | -507,700,000 | -364,200,000 | -491,300,000 | -484,900,000 | -480,600,000 | -335,025,000 | -455,600,000 | -456,400,000 | -428,100,000 | -409,025,000 | -562,300,000 | -516,600,000 | -557,200,000 | -397,500,000 | -566,500,000 | -537,100,000 | -486,400,000 | -339,875,000 | -490,400,000 | -445,500,000 | -423,700,000 | -445,500,000 | -381,500,000 | -357,700,000 | -352,900,000 | -359,700,000 | -354,500,000 | -349,300,000 | |||||
research and development expenses | -76,725,000 | -101,700,000 | -101,100,000 | -104,100,000 | -99,200,000 | -98,400,000 | -100,100,000 | -100,100,000 | -101,200,000 | -101,100,000 | -100,100,000 | -99,100,000 | -93,000,000 | -87,800,000 | -87,800,000 | -86,200,000 | 10,300,000 | -110,700,000 | -106,600,000 | -113,700,000 | -111,200,000 | -119,100,000 | -117,400,000 | -109,000,000 | -81,900,000 | -112,500,000 | -111,000,000 | -108,900,000 | -108,700,000 | -102,000,000 | -99,100,000 | -96,200,000 | -99,200,000 | -95,200,000 | -96,700,000 | |||||
russia exit and wind down costs | -600,000 | -1,100,000 | -16,200,000 | |||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | -104,900,000 | |||||||||||||||||||||||||||||||||||||||
gain on investment in vontier corporation | 57,000,000 | |||||||||||||||||||||||||||||||||||||||
gain on litigation resolution | ||||||||||||||||||||||||||||||||||||||||
earnings from discontinued operations, net of income taxes | -2,900,000 | -300,000 | -1,100,000 | -400,000 | 14,000,000 | -200,000 | -700,000 | 400,000 | ||||||||||||||||||||||||||||||||
mandatory convertible preferred dividends | -17,200,000 | -17,300,000 | -17,200,000 | -17,300,000 | -17,200,000 | -17,300,000 | -17,200,000 | -17,300,000 | -17,200,000 | -17,300,000 | ||||||||||||||||||||||||||||||
net earnings attributable to common stockholders | 227,200,000 | 189,900,000 | 173,000,000 | 165,100,000 | 166,500,000 | 150,800,000 | 163,700,000 | 92,900,000 | 1,198,400,000 | 208,500,000 | 112,800,000 | 24,600,000 | 175,600,000 | 189,800,000 | 157,400,000 | 147,100,000 | 2,095,000,000 | 227,900,000 | 294,800,000 | |||||||||||||||||||||
net earnings per share from discontinued operations: | ||||||||||||||||||||||||||||||||||||||||
the sum of net earnings per share amounts may not add due to rounding. | ||||||||||||||||||||||||||||||||||||||||
gain on litigation dismissal | 6,500,000 | 26,000,000 | ||||||||||||||||||||||||||||||||||||||
loss from discontinued operations, net of income taxes | -1,500,000 | -175,000 | -300,000 | |||||||||||||||||||||||||||||||||||||
impairment of goodwill | -21,325,000 | -85,300,000 | ||||||||||||||||||||||||||||||||||||||
non-operating expenses, net: | ||||||||||||||||||||||||||||||||||||||||
gain from combination of business | 10,300,000 | 41,200,000 | ||||||||||||||||||||||||||||||||||||||
other non-operating expenses | -4,600,000 | -4,600,000 | -1,200,000 | -800,000 | -400,000 | -800,000 | -1,100,000 | -700,000 | ||||||||||||||||||||||||||||||||
sales of products | 1,744,200,000 | 1,624,600,000 | 1,623,000,000 | 1,405,100,000 | ||||||||||||||||||||||||||||||||||||
cost of product sales | -813,700,000 | -781,200,000 | -808,000,000 | -647,900,000 | ||||||||||||||||||||||||||||||||||||
the sum of net earnings per share may not add due to rounding | ||||||||||||||||||||||||||||||||||||||||
other non-operating income (expenses) | 400,000 | |||||||||||||||||||||||||||||||||||||||
sales | 1,359,200,000 | 1,840,100,000 | 1,856,000,000 | 1,740,700,000 | 1,806,700,000 | 1,685,300,000 | 1,628,800,000 | 1,535,200,000 | 1,627,100,000 | 1,567,400,000 | 1,555,100,000 | |||||||||||||||||||||||||||||
cost of sales | -675,700,000 | -915,800,000 | -917,100,000 | -869,900,000 | -896,700,000 | -845,900,000 | -823,700,000 | -791,200,000 | -830,500,000 | -794,500,000 | -787,000,000 | |||||||||||||||||||||||||||||
non-operating expenses: | ||||||||||||||||||||||||||||||||||||||||
gain from acquisition | 15,300,000 | |||||||||||||||||||||||||||||||||||||||
mandatory convertible preferred stock cumulative dividends | -4,400,000 | -17,400,000 | -200,000 | |||||||||||||||||||||||||||||||||||||
net earnings per common share: | ||||||||||||||||||||||||||||||||||||||||
basic | 440,000 | 590,000 | 350,000 | 0.49 | 0.5 | 2,389,998.22 | 0.63 | 0.56 | 0.59 | 2,459,998.3 | 0.62 | 0.59 | 0.49 | 640,000 | 530,000 | 480,000 | 460,000 | 470,000 | 420,000 | 490,000 | 280,000 | 3,070,000 | 620,000 | 340,000 | 70,000 | 480,000 | 570,000 | 470,000 | 440,000 | 320,000 | 650,000 | 840,000 | 0.75 | 0.97 | 0.77 | 0.69 | 0.58 | 0.65 | 0.66 | |
diluted | 440,000 | 590,000 | 350,000 | 0.49 | 0.5 | 2,359,998.24 | 0.63 | 0.55 | 0.58 | 2,429,998.31 | 0.61 | 0.59 | 0.49 | 640,000 | 530,000 | 480,000 | 450,000 | 470,000 | 420,000 | 480,000 | 280,000 | 3,030,000 | 610,000 | 330,000 | 70,000 | 470,000 | 560,000 | 470,000 | 430,000 | 310,000 | 640,000 | 830,000 | 0.74 | 0.95 | 0.76 | 0.68 | 0.57 | 0.64 | 0.65 | |
non-operating expense: | ||||||||||||||||||||||||||||||||||||||||
non-operating expense | ||||||||||||||||||||||||||||||||||||||||
net earnings per share: | ||||||||||||||||||||||||||||||||||||||||
basic and diluted | 0.69 | |||||||||||||||||||||||||||||||||||||||
average common stock and common equivalent shares outstanding: | ||||||||||||||||||||||||||||||||||||||||
basic and diluted | 345.2 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-04-03 | 2025-12-31 | 2025-09-26 | 2025-06-27 | 2025-03-28 | 2024-12-31 | 2024-09-27 | 2024-06-28 | 2024-03-29 | 2023-12-31 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-07-01 | 2022-04-01 | 2021-12-31 | 2021-10-01 | 2021-07-02 | 2021-04-02 | 2020-12-31 | 2020-09-25 | 2020-06-26 | 2020-03-27 | 2019-12-31 | 2019-09-27 | 2019-06-28 | 2019-03-29 | 2018-12-31 | 2018-09-28 | 2018-06-29 | 2018-03-30 | 2017-12-31 | 2017-09-29 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-07-01 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||
cash and equivalents | 356,100,000 | 375,500,000 | 430,800,000 | 1,832,700,000 | 892,100,000 | 813,300,000 | 811,300,000 | 644,100,000 | 704,600,000 | 1,888,800,000 | 714,100,000 | 712,800,000 | 672,800,000 | 709,200,000 | 705,300,000 | 682,900,000 | 684,300,000 | 819,300,000 | 838,400,000 | 1,565,800,000 | 1,299,600,000 | 1,824,800,000 | 1,489,100,000 | 1,063,000,000 | 1,040,500,000 | 1,205,200,000 | 1,060,500,000 | 1,092,100,000 | 3,728,900,000 | 1,178,400,000 | 1,145,100,000 | 2,368,200,000 | 1,015,700,000 | 962,100,000 | 910,900,000 | 968,400,000 | 817,600,000 | 803,200,000 | 724,800,000 | 487,200,000 |
accounts receivable less allowance for doubtful accounts of 18.4 and 18.8, respectively | 647,000,000 | |||||||||||||||||||||||||||||||||||||||
inventories: | ||||||||||||||||||||||||||||||||||||||||
finished goods | 175,000,000 | 169,900,000 | 190,800,000 | 257,300,000 | 234,100,000 | 220,100,000 | 225,600,000 | 224,000,000 | 226,600,000 | 222,700,000 | 231,200,000 | 234,800,000 | 228,500,000 | 224,800,000 | 232,000,000 | 231,100,000 | 235,500,000 | 231,300,000 | 296,600,000 | 294,900,000 | 282,700,000 | 311,700,000 | 336,300,000 | 244,100,000 | 222,700,000 | 223,200,000 | 216,600,000 | 209,500,000 | 202,800,000 | 209,900,000 | 204,200,000 | 204,600,000 | ||||||||
work in process | 13,900,000 | 12,300,000 | 12,200,000 | 117,000,000 | 108,800,000 | 105,400,000 | 111,800,000 | 116,100,000 | 113,900,000 | 110,700,000 | 105,200,000 | 103,600,000 | 105,100,000 | 104,000,000 | 103,000,000 | 87,900,000 | 80,200,000 | 76,800,000 | 98,300,000 | 102,500,000 | 103,100,000 | 102,300,000 | 97,000,000 | 98,300,000 | 109,800,000 | 107,900,000 | 96,700,000 | 86,100,000 | 89,600,000 | 90,100,000 | 80,400,000 | 83,400,000 | ||||||||
raw materials | 116,600,000 | 109,600,000 | 107,600,000 | 236,100,000 | 225,100,000 | 219,300,000 | 226,500,000 | 231,900,000 | 240,300,000 | 219,100,000 | 224,800,000 | 231,800,000 | 226,900,000 | 218,900,000 | 218,300,000 | 187,800,000 | 172,300,000 | 158,500,000 | 266,900,000 | 267,100,000 | 264,600,000 | 266,700,000 | 260,400,000 | 265,900,000 | 316,700,000 | 311,200,000 | 302,600,000 | 280,600,000 | 268,200,000 | 271,600,000 | 273,500,000 | 269,500,000 | ||||||||
inventories | 305,500,000 | 291,800,000 | 310,600,000 | 610,400,000 | 568,000,000 | 544,800,000 | 563,900,000 | 572,000,000 | 580,800,000 | 536,900,000 | 552,500,000 | 561,200,000 | 570,200,000 | 536,700,000 | 560,500,000 | 547,700,000 | 553,300,000 | 512,700,000 | 506,800,000 | 488,000,000 | 466,600,000 | 455,500,000 | 661,800,000 | 664,500,000 | 650,400,000 | 640,300,000 | 574,500,000 | 580,600,000 | 544,600,000 | |||||||||||
prepaid expenses and other current assets | 233,800,000 | 234,000,000 | 303,400,000 | 328,100,000 | 314,700,000 | 288,800,000 | 347,800,000 | 368,900,000 | 365,900,000 | 285,100,000 | 277,300,000 | 265,400,000 | 271,600,000 | 272,600,000 | 281,100,000 | 273,800,000 | 281,100,000 | 252,700,000 | 249,700,000 | 214,700,000 | 205,200,000 | 206,700,000 | 414,100,000 | 390,400,000 | 433,800,000 | 455,600,000 | 374,900,000 | 313,900,000 | 286,200,000 | 193,200,000 | 324,400,000 | 305,100,000 | 276,000,000 | 250,500,000 | 133,100,000 | 187,700,000 | 184,100,000 | 195,500,000 | 104,300,000 | 169,100,000 |
current assets, discontinued operations | 4,800,000 | 20,800,000 | 53,200,000 | 30,400,000 | 2,100,000 | 3,300,000 | 3,300,000 | 3,200,000 | 17,800,000 | 21,400,000 | 26,300,000 | 30,000,000 | ||||||||||||||||||||||||||||
total current assets | 1,547,200,000 | 1,605,700,000 | 1,731,600,000 | 3,683,400,000 | 2,704,100,000 | 2,592,300,000 | 2,635,200,000 | 2,519,500,000 | 2,613,900,000 | 3,671,600,000 | 2,469,300,000 | 2,474,600,000 | 2,455,300,000 | 2,477,000,000 | 2,447,900,000 | 2,445,300,000 | 2,447,700,000 | 2,514,900,000 | 2,425,300,000 | 3,086,400,000 | 2,800,900,000 | 4,446,900,000 | 3,774,700,000 | 3,250,400,000 | 3,445,600,000 | 3,688,800,000 | 3,465,900,000 | 3,436,300,000 | 5,796,300,000 | 3,171,200,000 | 3,414,300,000 | 4,503,400,000 | 3,079,700,000 | 2,936,800,000 | 2,695,300,000 | 2,701,700,000 | 2,517,400,000 | 2,488,700,000 | 2,359,200,000 | 2,162,000,000 |
property, plant and equipment, net of accumulated depreciation | 276,300,000 | 258,700,000 | 447,900,000 | 433,900,000 | 425,100,000 | 417,900,000 | 422,700,000 | 430,800,000 | 425,900,000 | 425,600,000 | 405,200,000 | 407,600,000 | 412,600,000 | 395,000,000 | 400,000,000 | 410,100,000 | 513,600,000 | 519,800,000 | 520,000,000 | 519,800,000 | 514,700,000 | 468,300,000 | 682,300,000 | 690,400,000 | 709,800,000 | 673,200,000 | 562,800,000 | 552,900,000 | 538,300,000 | 534,000,000 | ||||||||||
other assets | 378,600,000 | 375,500,000 | 348,600,000 | 509,300,000 | 495,800,000 | 494,700,000 | 561,000,000 | 540,000,000 | 536,200,000 | 518,900,000 | 479,300,000 | 474,300,000 | 470,000,000 | 455,800,000 | 494,200,000 | 481,300,000 | 484,300,000 | 337,300,000 | 361,900,000 | 348,000,000 | 331,200,000 | 344,100,000 | 759,700,000 | 758,700,000 | 744,000,000 | 779,600,000 | 808,400,000 | 755,400,000 | 620,700,000 | 548,900,000 | 523,000,000 | 479,500,000 | 480,500,000 | 476,800,000 | 440,100,000 | 440,700,000 | 428,600,000 | 427,200,000 | 412,000,000 | 402,100,000 |
goodwill | 7,288,500,000 | 7,298,300,000 | 7,276,200,000 | 10,403,700,000 | 10,244,700,000 | 10,156,000,000 | 10,322,300,000 | 10,216,500,000 | 10,234,600,000 | 9,121,700,000 | 9,058,700,000 | 9,051,900,000 | 9,057,100,000 | 9,048,500,000 | 8,977,500,000 | 9,058,200,000 | 9,132,900,000 | 9,152,000,000 | 8,221,500,000 | 7,347,300,000 | 7,340,400,000 | 7,359,200,000 | 8,341,000,000 | 8,297,700,000 | 8,271,100,000 | 8,399,300,000 | 7,995,500,000 | 7,750,900,000 | 6,169,000,000 | 6,133,100,000 | 6,743,300,000 | 5,081,900,000 | 5,126,200,000 | 5,098,500,000 | 4,632,300,000 | 4,032,100,000 | 3,999,200,000 | 3,979,000,000 | 4,048,000,000 | 3,962,400,000 |
other intangible assets | 2,093,500,000 | 2,188,400,000 | 2,268,400,000 | 3,199,900,000 | 3,258,500,000 | 3,340,000,000 | 3,510,000,000 | 3,591,100,000 | 3,712,700,000 | 3,159,800,000 | 3,226,300,000 | 3,304,000,000 | 3,396,800,000 | 3,487,400,000 | 3,568,300,000 | 3,678,500,000 | 3,788,900,000 | 3,890,200,000 | 3,392,100,000 | 3,133,700,000 | 3,209,700,000 | 3,290,600,000 | 3,595,600,000 | 3,671,300,000 | 3,751,000,000 | 3,845,000,000 | 3,660,600,000 | 3,813,200,000 | 2,435,500,000 | 2,476,300,000 | 2,499,900,000 | 1,230,900,000 | 1,259,200,000 | 1,276,000,000 | 886,100,000 | 729,800,000 | 736,200,000 | 747,300,000 | 775,800,000 | 726,600,000 |
total assets | 11,584,100,000 | 11,737,700,000 | 11,886,700,000 | 18,244,200,000 | 17,137,000,000 | 17,016,100,000 | 17,453,600,000 | 17,285,000,000 | 17,520,100,000 | 16,911,800,000 | 15,664,400,000 | 15,730,700,000 | 15,804,800,000 | 15,890,600,000 | 15,893,100,000 | 16,070,900,000 | 16,266,400,000 | 16,465,500,000 | 14,976,100,000 | 14,495,500,000 | 14,278,900,000 | 16,051,500,000 | 17,199,700,000 | 16,705,700,000 | 16,931,700,000 | 17,439,000,000 | 16,660,400,000 | 16,468,100,000 | 15,656,200,000 | 12,905,600,000 | 13,862,800,000 | 11,986,100,000 | 10,655,400,000 | 10,500,600,000 | 9,327,000,000 | 8,467,100,000 | 8,234,300,000 | 8,189,800,000 | 8,133,300,000 | 7,787,100,000 |
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 899,800,000 | 899,500,000 | 1,189,200,000 | 1,905,700,000 | 933,800,000 | 376,200,000 | 408,100,000 | 383,900,000 | 749,900,000 | 999,900,000 | 999,800,000 | 999,700,000 | 999,900,000 | 999,900,000 | 999,800,000 | 2,151,700,000 | 1,143,200,000 | 1,134,600,000 | 1,126,000,000 | 1,399,800,000 | 999,200,000 | 998,800,000 | 250,000,000 | 1,500,000,000 | 1,000,000,000 | 1,000,000,000 | 1,055,400,000 | 455,600,000 | 1,824,500,000 | 799,300,000 | ||||||||||
trade accounts payable | 415,900,000 | 436,400,000 | 427,600,000 | 700,500,000 | 669,300,000 | 677,400,000 | 623,800,000 | 636,100,000 | 667,200,000 | 608,600,000 | 574,800,000 | 585,600,000 | 593,000,000 | 623,000,000 | 572,600,000 | 581,700,000 | 576,100,000 | 557,900,000 | 494,900,000 | 489,400,000 | 464,500,000 | 480,800,000 | 777,100,000 | 733,000,000 | 745,400,000 | 765,500,000 | 693,800,000 | 697,900,000 | 667,800,000 | 706,500,000 | 758,700,000 | 763,500,000 | 711,700,000 | 727,500,000 | 646,100,000 | 648,600,000 | 623,300,000 | 666,200,000 | 619,400,000 | 644,200,000 |
accrued expenses and other current liabilities | 869,600,000 | 910,700,000 | 852,700,000 | 1,139,400,000 | 1,122,600,000 | 1,184,800,000 | 1,068,900,000 | 1,025,800,000 | 1,071,500,000 | 1,182,700,000 | 1,095,300,000 | 999,500,000 | 1,037,300,000 | 1,104,400,000 | 1,019,600,000 | 1,029,700,000 | 985,700,000 | 960,700,000 | 969,200,000 | 900,000,000 | 836,900,000 | 899,900,000 | 1,210,000,000 | 1,092,000,000 | 1,072,400,000 | 1,146,800,000 | 1,154,600,000 | 1,024,900,000 | 837,800,000 | 999,300,000 | 896,300,000 | 735,900,000 | 749,700,000 | 874,800,000 | 733,200,000 | 722,200,000 | 777,700,000 | 800,300,000 | 749,600,000 | |
total current liabilities | 2,185,300,000 | 2,246,600,000 | 2,469,500,000 | 3,745,600,000 | 2,725,700,000 | 2,238,400,000 | 2,100,800,000 | 2,045,800,000 | 1,738,700,000 | 1,791,300,000 | 2,420,000,000 | 2,585,000,000 | 2,630,100,000 | 2,727,100,000 | 2,592,100,000 | 2,611,300,000 | 2,561,600,000 | 3,714,900,000 | 2,868,900,000 | 2,569,700,000 | 2,474,800,000 | 2,860,800,000 | 3,041,000,000 | 2,876,400,000 | 2,121,100,000 | 3,467,200,000 | 2,916,300,000 | 2,791,200,000 | 2,639,600,000 | 2,192,100,000 | 3,479,500,000 | 2,298,700,000 | 1,461,400,000 | 1,602,300,000 | 1,379,300,000 | 1,370,800,000 | 1,401,000,000 | 1,466,500,000 | 1,369,000,000 | 1,350,200,000 |
other long-term liabilities | 718,100,000 | 723,500,000 | 788,600,000 | 1,202,900,000 | 1,238,900,000 | 1,251,000,000 | 1,339,500,000 | 1,337,000,000 | 1,356,600,000 | 1,149,000,000 | 1,178,700,000 | 1,195,700,000 | 1,204,400,000 | 1,223,300,000 | 1,346,300,000 | 1,328,000,000 | 1,399,200,000 | 1,286,400,000 | 1,198,000,000 | 1,128,600,000 | 1,193,200,000 | 1,233,400,000 | 1,600,400,000 | 1,572,400,000 | 1,576,700,000 | 1,584,200,000 | 1,399,600,000 | 1,306,500,000 | 1,313,100,000 | 1,125,900,000 | 1,356,200,000 | 1,118,100,000 | 1,087,400,000 | 1,033,900,000 | 797,500,000 | 715,200,000 | 678,700,000 | 674,300,000 | 695,600,000 | 689,700,000 |
long-term debt | 2,589,300,000 | 2,306,500,000 | 2,117,100,000 | 2,906,500,000 | 2,929,100,000 | 3,331,100,000 | 3,451,800,000 | 3,396,400,000 | 3,941,700,000 | 3,646,200,000 | 1,982,100,000 | 1,978,200,000 | 2,094,600,000 | 2,251,600,000 | 2,559,000,000 | 2,682,200,000 | 2,738,900,000 | 1,807,300,000 | 1,442,100,000 | 1,441,800,000 | 1,441,500,000 | 2,830,300,000 | 4,699,200,000 | 4,686,200,000 | 5,826,100,000 | 4,828,400,000 | 5,015,600,000 | 5,196,500,000 | 4,728,300,000 | 2,974,700,000 | 3,178,000,000 | 2,927,400,000 | 3,996,900,000 | 4,056,200,000 | 3,671,900,000 | 3,208,100,000 | 3,262,700,000 | 3,358,000,000 | 3,509,100,000 | 3,374,800,000 |
equity: | ||||||||||||||||||||||||||||||||||||||||
common stock: 0.01 par value... | 3,700,000 | 3,700,000 | 3,700,000 | 3,700,000 | 3,700,000 | 3,700,000 | 3,700,000 | 3,700,000 | 3,700,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,400,000 | 3,400,000 | 3,400,000 | 3,400,000 | 3,400,000 | 3,400,000 | 3,400,000 | 3,400,000 | 3,400,000 | 3,400,000 | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 | 3,500,000 | |
additional paid-in capital | 4,225,700,000 | 4,210,000,000 | 4,164,300,000 | 4,106,000,000 | 4,071,600,000 | 4,035,000,000 | 3,982,100,000 | 3,937,300,000 | 3,906,100,000 | 3,851,300,000 | 3,822,000,000 | 3,778,700,000 | 3,730,500,000 | 3,706,300,000 | 3,677,400,000 | 3,651,200,000 | 3,619,100,000 | 3,670,000,000 | 3,624,300,000 | 3,602,100,000 | 3,563,800,000 | 3,554,500,000 | 3,391,700,000 | 3,360,700,000 | 3,333,700,000 | 3,311,100,000 | 3,291,200,000 | 3,265,400,000 | 3,240,300,000 | 3,126,000,000 | 3,862,500,000 | 3,836,800,000 | 2,476,100,000 | 2,444,100,000 | 2,449,200,000 | 2,427,100,000 | 2,407,800,000 | 2,427,200,000 | 2,375,300,000 | |
treasury shares, at cost | -3,734,300,000 | -3,229,800,000 | -2,962,600,000 | -1,952,200,000 | -1,815,900,000 | -1,612,300,000 | -1,142,800,000 | -870,400,000 | -715,800,000 | -715,800,000 | -650,800,000 | -572,000,000 | -442,900,000 | -442,900,000 | -376,100,000 | -242,900,000 | ||||||||||||||||||||||||
retained earnings | 5,546,500,000 | 5,428,500,000 | 5,264,300,000 | 8,511,900,000 | 8,372,300,000 | 8,227,600,000 | 8,046,100,000 | 7,852,300,000 | 7,685,200,000 | 7,505,900,000 | 7,268,800,000 | 7,075,400,000 | 6,891,000,000 | 6,742,100,000 | 6,539,600,000 | 6,374,500,000 | 6,226,400,000 | 6,023,600,000 | 5,882,200,000 | 5,756,600,000 | 5,616,600,000 | 5,547,400,000 | 4,372,700,000 | 4,187,800,000 | 4,098,600,000 | 4,128,800,000 | 3,976,700,000 | 3,810,400,000 | 3,676,400,000 | 3,552,700,000 | 2,057,100,000 | 1,853,900,000 | 1,583,300,000 | 1,350,300,000 | 1,037,800,000 | 794,200,000 | 578,500,000 | 403,000,000 | 202,700,000 | |
accumulated other comprehensive income | 41,500,000 | 41,000,000 | 34,200,000 | -157,300,000 | -174,800,000 | -141,100,000 | -91,700,000 | -156,600,000 | -193,600,000 | -56,300,000 | -119,600,000 | -67,600,000 | -69,400,000 | -86,600,000 | -92,800,000 | -69,600,000 | 29,500,000 | -7,600,000 | -16,300,000 | -55,300,000 | -101,400,000 | -145,800,000 | -25,500,000 | -800,000 | ||||||||||||||||
total fortive stockholders’ equity | 6,083,100,000 | 6,453,400,000 | 6,503,900,000 | 10,382,100,000 | 10,236,400,000 | 10,188,600,000 | 10,554,900,000 | 10,499,300,000 | 10,476,700,000 | 10,318,900,000 | 10,077,800,000 | 9,965,800,000 | 9,869,900,000 | 9,683,400,000 | 9,390,800,000 | 9,444,300,000 | 9,561,400,000 | 9,512,200,000 | 9,318,000,000 | 9,205,000,000 | 9,009,000,000 | 8,964,200,000 | 7,676,100,000 | 7,395,300,000 | 7,242,100,000 | 7,387,000,000 | 7,151,700,000 | 7,011,600,000 | 6,850,700,000 | 6,595,500,000 | 5,830,300,000 | 5,624,600,000 | 4,092,400,000 | 3,790,300,000 | 3,474,200,000 | 3,169,500,000 | 2,888,400,000 | 2,687,900,000 | ||
noncontrolling interests | 8,300,000 | 7,700,000 | 7,600,000 | 7,100,000 | 6,900,000 | 7,000,000 | 6,600,000 | 6,500,000 | 6,400,000 | 6,400,000 | 5,800,000 | 6,000,000 | 5,800,000 | 5,200,000 | 4,900,000 | 5,100,000 | 5,300,000 | 4,800,000 | 4,800,000 | 4,700,000 | 7,700,000 | 8,500,000 | 12,000,000 | 11,600,000 | 11,200,000 | 13,200,000 | 11,900,000 | 11,300,000 | 12,000,000 | 17,400,000 | 18,800,000 | 17,300,000 | 17,300,000 | 17,900,000 | 4,100,000 | 3,500,000 | 3,500,000 | 3,100,000 | 3,600,000 | 3,100,000 |
total stockholders’ equity | 6,091,400,000 | 6,461,100,000 | 6,511,500,000 | 10,389,200,000 | 10,243,300,000 | 10,195,600,000 | 10,561,500,000 | 10,505,800,000 | 10,483,100,000 | 10,325,300,000 | 10,083,600,000 | 9,971,800,000 | 9,875,700,000 | 9,688,600,000 | 9,395,700,000 | 9,449,400,000 | 9,566,700,000 | 9,517,000,000 | 9,322,800,000 | 9,209,700,000 | 9,016,700,000 | 8,972,700,000 | 7,688,100,000 | 7,406,900,000 | 7,253,300,000 | 7,400,200,000 | 7,163,600,000 | 7,022,900,000 | 6,862,700,000 | 6,612,900,000 | 5,849,100,000 | 5,641,900,000 | 4,109,700,000 | 3,808,200,000 | 3,478,300,000 | 3,173,000,000 | 2,891,900,000 | 2,691,000,000 | ||
total liabilities and equity | 11,584,100,000 | 11,737,700,000 | 11,886,700,000 | 18,244,200,000 | 17,137,000,000 | 17,016,100,000 | 17,453,600,000 | 17,285,000,000 | 17,520,100,000 | 16,911,800,000 | 15,664,400,000 | 15,730,700,000 | 15,804,800,000 | 15,890,600,000 | 15,893,100,000 | 16,070,900,000 | 16,266,400,000 | 16,465,500,000 | 14,976,100,000 | 14,495,500,000 | 14,278,900,000 | 16,051,500,000 | 17,199,700,000 | 16,705,700,000 | 16,931,700,000 | 17,439,000,000 | 16,660,400,000 | 16,468,100,000 | 15,656,200,000 | 12,905,600,000 | 13,862,800,000 | 11,986,100,000 | 10,655,400,000 | 10,500,600,000 | 9,327,000,000 | 8,467,100,000 | 8,234,300,000 | 8,133,300,000 | 7,787,100,000 | |
accounts receivable less allowance for doubtful accounts of 18.8 and 19.4, respectively | 683,600,000 | |||||||||||||||||||||||||||||||||||||||
property, plant and equipment | 269,800,000 | 433,100,000 | 439,800,000 | 421,900,000 | 395,500,000 | 422,000,000 | 519,500,000 | 576,100,000 | 712,500,000 | 547,600,000 | ||||||||||||||||||||||||||||||
other assets, discontinued operations | 3,200,000 | |||||||||||||||||||||||||||||||||||||||
current liabilities, discontinued operations | 1,200,000 | 1,500,000 | 2,800,000 | 33,300,000 | 15,700,000 | 17,100,000 | 22,700,000 | 30,700,000 | ||||||||||||||||||||||||||||||||
long-term liabilities, discontinued operations | ||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 18.7 and 19.4, respectively | 633,600,000 | |||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 27.2 and 30.7, respectively | 912,200,000 | |||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -287,300,000 | -395,300,000 | -465,400,000 | -334,200,000 | -423,600,000 | -402,500,000 | -326,100,000 | -365,800,000 | -319,900,000 | -312,300,000 | -325,700,000 | -453,700,000 | -342,100,000 | -223,900,000 | -185,000,000 | -192,100,000 | ||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 29.4 and 30.7, respectively | 929,300,000 | |||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 30.7 and 39.2, respectively | 945,400,000 | |||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 29.4 and 39.2, respectively | 912,200,000 | |||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 27.8 and 39.2, respectively | 934,500,000 | |||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 33.1 and 39.2, respectively | 962,600,000 | |||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 39.2 and 43.9, respectively | 960,800,000 | |||||||||||||||||||||||||||||||||||||||
trade accounts receivable less allowance for doubtful accounts of 39.6 at september 29, 2023 and 43.9 at december 31, 2022 | 925,400,000 | |||||||||||||||||||||||||||||||||||||||
trade accounts receivable less allowance for doubtful accounts of 40.4 at june 30, 2023 and 43.9 at december 31, 2022 | 935,200,000 | |||||||||||||||||||||||||||||||||||||||
trade accounts receivable less allowance for doubtful accounts of 41.2 at march 31, 2023 and 43.9 at december 31, 2022 | 940,700,000 | |||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 43.9 million and 39.7 million, respectively | 958,500,000 | |||||||||||||||||||||||||||||||||||||||
preferred stock: 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||
trade accounts receivable | 901,000,000 | 940,900,000 | 972,000,000 | 948,200,000 | ||||||||||||||||||||||||||||||||||||
accounts receivable | 929,000,000 | 830,400,000 | 817,900,000 | 829,500,000 | 1,207,600,000 | 1,129,200,000 | 1,317,600,000 | 1,332,000,000 | 1,315,200,000 | 1,146,600,000 | 1,295,600,000 | 1,187,800,000 | 1,172,100,000 | 1,075,100,000 | 985,000,000 | 944,100,000 | ||||||||||||||||||||||||
treasury shares, at cost: | -63,800,000 | |||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 39.7 million and 42.5 million, respectively | 930,200,000 | |||||||||||||||||||||||||||||||||||||||
investment in vontier corporation | 1,119,200,000 | |||||||||||||||||||||||||||||||||||||||
operating lease right-of-use assets | 175,600,000 | 180,300,000 | 180,100,000 | 186,600,000 | 188,700,000 | 215,100,000 | 207,800,000 | 200,000,000 | 206,800,000 | 210,200,000 | 197,600,000 | 166,400,000 | ||||||||||||||||||||||||||||
current operating lease liabilities | 44,600,000 | 45,400,000 | 44,200,000 | 44,600,000 | 47,000,000 | 54,700,000 | 52,600,000 | 53,300,000 | 54,900,000 | 52,200,000 | 51,300,000 | 55,900,000 | ||||||||||||||||||||||||||||
operating lease liabilities | 139,900,000 | 144,300,000 | 145,700,000 | 152,700,000 | 154,300,000 | 171,000,000 | 163,800,000 | 154,500,000 | 159,000,000 | 165,300,000 | 151,000,000 | 112,500,000 | ||||||||||||||||||||||||||||
commercial paper | 215,000,000 | |||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 42.5 million and 26.4 million at december 31, 2020 and december 31, 2019, respectively | 810,300,000 | |||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 59.8 million and 54.9 million at december 31, 2019 and december 31, 2018, respectively | 1,384,500,000 | |||||||||||||||||||||||||||||||||||||||
total inventories | 680,700,000 | 693,700,000 | 608,300,000 | 649,200,000 | 642,300,000 | 615,900,000 | 576,200,000 | 560,600,000 | 571,600,000 | 558,100,000 | 557,500,000 | |||||||||||||||||||||||||||||
5.0% mandatory convertible preferred stock, series a: 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 54.9 million and 43.2 million at december 31, 2018 and december 31, 2017, respectively | 1,195,100,000 | |||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 44.1 million and 47.8 million at december 31, 2017 and december 31, 2016, respectively | 1,143,600,000 | |||||||||||||||||||||||||||||||||||||||
accounts receivable less allowance for doubtful accounts of 47.8 million and 45.6 million, respectively | 945,400,000 | |||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||
former parent’s investment | ||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 8,189,800,000 | |||||||||||||||||||||||||||||||||||||||
former parent's investment | ||||||||||||||||||||||||||||||||||||||||
total fortive stockholders' equity | 2,556,000,000 | |||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 2,559,600,000 | |||||||||||||||||||||||||||||||||||||||
accrued expenses and other liabilities | 706,000,000 | |||||||||||||||||||||||||||||||||||||||
parent’s equity: | ||||||||||||||||||||||||||||||||||||||||
preferred stock - 0.01 par value... | ||||||||||||||||||||||||||||||||||||||||
common stock - 0.01 par value... | 3,500,000 | |||||||||||||||||||||||||||||||||||||||
net parent investment | 2,366,600,000 | |||||||||||||||||||||||||||||||||||||||
total parent’s equity | 2,369,300,000 | |||||||||||||||||||||||||||||||||||||||
total equity | 2,372,400,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-26 | 2025-06-27 | 2025-03-28 | 2024-09-27 | 2024-06-28 | 2024-03-29 | 2023-09-29 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-07-01 | 2022-04-01 | 2021-10-01 | 2021-07-02 | 2021-04-02 | 2020-09-25 | 2020-06-26 | 2020-03-27 | 2019-09-27 | 2019-06-28 | 2019-03-29 | 2018-09-28 | 2018-06-29 | 2018-03-30 | 2017-12-31 | 2017-09-29 | 2017-06-30 | 2017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||
net earnings | 393,500,000 | 338,500,000 | 171,900,000 | 624,100,000 | 402,500,000 | 207,400,000 | 600,600,000 | 382,600,000 | 173,600,000 | 801,500,000 | 556,200,000 | 261,200,000 | 336,900,000 | 267,800,000 | 240,100,000 | 199,700,000 | ||||||||||||
less: net earnings from discontinued operations | -52,300,000 | |||||||||||||||||||||||||||
net earnings from continuing operations | 341,200,000 | 528,000,000 | 338,100,000 | 165,100,000 | 444,800,000 | 293,700,000 | 111,700,000 | 398,400,000 | 172,600,000 | 42,300,000 | 546,600,000 | 339,300,000 | 164,000,000 | |||||||||||||||
adjustments to reconcile net earnings to net cash from operating activities: | ||||||||||||||||||||||||||||
amortization | 274,300,000 | 225,000,000 | 111,500,000 | 340,400,000 | 227,100,000 | 113,700,000 | 277,200,000 | 184,200,000 | 92,400,000 | 287,400,000 | 192,100,000 | 96,300,000 | 235,400,000 | 155,000,000 | 77,500,000 | 254,500,000 | 170,100,000 | 85,500,000 | 211,400,000 | 129,600,000 | 52,200,000 | 81,500,000 | 49,100,000 | 25,000,000 | 24,000,000 | 14,700,000 | 13,300,000 | 13,300,000 |
depreciation | 52,000,000 | 47,700,000 | 23,400,000 | 68,700,000 | 46,200,000 | 23,100,000 | 63,900,000 | 42,100,000 | 20,400,000 | 61,600,000 | 41,900,000 | 21,500,000 | 56,100,000 | 37,700,000 | 19,500,000 | 98,100,000 | 66,600,000 | 32,100,000 | 97,700,000 | 62,700,000 | 29,700,000 | 103,300,000 | 69,100,000 | 35,000,000 | 36,400,000 | 25,200,000 | 23,800,000 | 23,400,000 |
stock-based compensation | 96,900,000 | 54,900,000 | 27,500,000 | 81,000,000 | ||||||||||||||||||||||||
income from equity investments | 39,400,000 | |||||||||||||||||||||||||||
change in certain assets and liabilities: | ||||||||||||||||||||||||||||
change in trade accounts receivable | 56,200,000 | 75,500,000 | 31,400,000 | 64,600,000 | 24,600,000 | 8,800,000 | 25,000,000 | 26,000,000 | 21,500,000 | -21,400,000 | -37,700,000 | -1,400,000 | -20,400,000 | -11,800,000 | -26,900,000 | 147,800,000 | 214,800,000 | 22,800,000 | -133,500,000 | -102,300,000 | 49,900,000 | |||||||
change in inventories | -40,200,000 | -57,700,000 | -18,100,000 | 4,300,000 | -12,000,000 | -13,100,000 | -21,700,000 | -27,400,000 | -33,600,000 | -73,200,000 | -50,700,000 | -43,200,000 | -46,100,000 | -24,000,000 | -3,800,000 | -10,200,000 | -28,900,000 | -16,600,000 | 69,400,000 | 45,800,000 | -33,300,000 | -78,900,000 | -68,400,000 | -31,900,000 | 6,100,000 | 16,100,000 | 16,300,000 | -24,200,000 |
change in trade accounts payable | -4,100,000 | 13,800,000 | -11,900,000 | 10,600,000 | 30,700,000 | 56,100,000 | -45,700,000 | -36,400,000 | -32,300,000 | 46,600,000 | 40,100,000 | 19,200,000 | 14,800,000 | 9,100,000 | -13,000,000 | 13,400,000 | -23,400,000 | -6,700,000 | -7,900,000 | -11,700,000 | -40,600,000 | 30,200,000 | 41,000,000 | -22,200,000 | 76,100,000 | -22,400,000 | 18,700,000 | -47,500,000 |
change in prepaid expenses and other assets | -28,000,000 | -40,300,000 | -21,200,000 | -57,000,000 | -11,500,000 | -1,800,000 | -32,900,000 | -13,100,000 | -16,300,000 | -55,400,000 | -39,200,000 | -31,400,000 | -61,500,000 | -21,400,000 | 3,800,000 | 54,000,000 | 55,400,000 | 30,200,000 | -115,100,000 | -67,200,000 | -60,400,000 | -28,800,000 | -42,000,000 | -5,900,000 | -82,500,000 | -9,600,000 | -7,700,000 | -600,000 |
change in accrued expenses and other liabilities | -56,800,000 | -104,500,000 | -72,800,000 | -114,000,000 | -157,600,000 | -103,300,000 | -44,800,000 | -118,300,000 | -78,000,000 | -11,700,000 | -29,600,000 | -31,200,000 | 6,400,000 | -53,300,000 | -80,600,000 | 56,500,000 | -75,000,000 | -99,600,000 | 127,500,000 | -3,600,000 | -13,200,000 | 35,400,000 | -64,700,000 | -82,000,000 | 173,500,000 | 40,700,000 | -41,400,000 | -37,800,000 |
total operating cash from continuing operations | 691,500,000 | 839,000,000 | 509,200,000 | 214,800,000 | 705,900,000 | 443,000,000 | 152,000,000 | 1,152,700,000 | 671,000,000 | 191,400,000 | 800,400,000 | 421,400,000 | 161,200,000 | |||||||||||||||
total operating cash from discontinued operations | 25,800,000 | -19,400,000 | -18,700,000 | -7,200,000 | -800,000 | -800,000 | -400,000 | -4,400,000 | -6,400,000 | -5,000,000 | ||||||||||||||||||
net cash from operating activities | 717,300,000 | 552,900,000 | 241,700,000 | 1,024,600,000 | 565,600,000 | 256,700,000 | 906,800,000 | 495,400,000 | 174,400,000 | 839,000,000 | 509,200,000 | 214,800,000 | 686,500,000 | 424,300,000 | 144,800,000 | 1,151,900,000 | 670,200,000 | 191,000,000 | 796,000,000 | 415,000,000 | 156,200,000 | 899,600,000 | 512,800,000 | 171,000,000 | 463,400,000 | 319,000,000 | 245,700,000 | 148,300,000 |
capital expenditures | -74,700,000 | -63,400,000 | -26,700,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 642,600,000 | 489,500,000 | 215,000,000 | 1,024,600,000 | 565,600,000 | 256,700,000 | 906,800,000 | 495,400,000 | 174,400,000 | 839,000,000 | 509,200,000 | 214,800,000 | 686,500,000 | 424,300,000 | 144,800,000 | 1,151,900,000 | 670,200,000 | 191,000,000 | 796,000,000 | 415,000,000 | 156,200,000 | 899,600,000 | 512,800,000 | 171,000,000 | 463,400,000 | 319,000,000 | 245,700,000 | 148,300,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||
purchases of property, plant and equipment | -74,700,000 | -63,400,000 | -26,700,000 | |||||||||||||||||||||||||
proceeds from sale of property | 400,000 | 1,700,000 | 1,700,000 | 21,000,000 | 10,800,000 | 10,800,000 | 7,200,000 | 4,900,000 | ||||||||||||||||||||
cash paid for acquisitions, net of cash received | -1,721,800,000 | -1,721,800,000 | -1,721,800,000 | -57,700,000 | -15,200,000 | -1,600,000 | 900,000 | -1,156,700,000 | 900,000 | -200,000 | -24,700,000 | -11,400,000 | -10,600,000 | -3,387,700,000 | -3,237,100,000 | |||||||||||||
all other investing activities | 10,800,000 | 10,900,000 | -1,200,000 | -1,600,000 | -1,600,000 | 1,100,000 | 1,100,000 | 500,000 | 400,000 | 200,000 | 4,100,000 | 3,900,000 | 100,000 | 0 | 4,500,000 | -2,400,000 | -600,000 | |||||||||||
total investing cash from continuing operations | -63,500,000 | -1,183,600,000 | -15,100,000 | -8,600,000 | -3,467,300,000 | -3,285,600,000 | -24,000,000 | |||||||||||||||||||||
total investing cash from discontinued operations | -15,700,000 | |||||||||||||||||||||||||||
net cash from investing activities | -79,200,000 | -50,800,000 | -26,200,000 | -1,799,800,000 | -1,782,200,000 | -1,737,400,000 | -124,200,000 | -40,900,000 | -24,800,000 | -68,300,000 | -38,700,000 | -17,900,000 | -1,183,600,000 | -15,100,000 | -8,600,000 | -105,100,000 | -65,200,000 | -44,200,000 | -3,467,300,000 | -3,285,600,000 | -24,000,000 | -2,914,800,000 | -64,100,000 | -39,000,000 | -781,400,000 | -829,700,000 | -31,200,000 | -27,400,000 |
cash flows from financing activities: | ||||||||||||||||||||||||||||
net proceeds from (repayments of) commercial paper borrowings | 105,800,000 | -253,200,000 | 80,700,000 | -571,200,000 | -571,500,000 | -426,800,000 | -252,600,000 | -268,600,000 | -159,300,000 | -1,141,900,000 | -1,141,900,000 | -382,800,000 | 695,500,000 | 892,300,000 | 443,800,000 | |||||||||||||
repurchase of common shares | -1,345,100,000 | -344,500,000 | -202,600,000 | -423,000,000 | -152,900,000 | -207,900,000 | -129,100,000 | -376,100,000 | -242,900,000 | -63,800,000 | ||||||||||||||||||
payment of dividends | -73,400,000 | -54,200,000 | -27,200,000 | -83,900,000 | -56,100,000 | -28,100,000 | -73,900,000 | -49,300,000 | -24,700,000 | -48,700,000 | -24,300,000 | -24,400,000 | -24,200,000 | -24,400,000 | -24,200,000 | |||||||||||||
proceeds from borrowings (maturities greater than 90 days), net of issuance costs | 1,146,800,000 | 1,733,500,000 | 1,733,500,000 | 1,736,400,000 | 396,900,000 | |||||||||||||||||||||||
repayment of borrowings | -715,700,000 | -1,000,000,000 | -1,000,000,000 | -1,000,000,000 | -250,000,000 | -611,100,000 | -611,100,000 | -611,100,000 | -250,000,000 | -250,000,000 | -250,000,000 | -455,300,000 | -455,300,000 | -402,900,000 | -725,000,000 | |||||||||||||
proceeds from ralliant dividend | 1,150,000,000 | |||||||||||||||||||||||||||
all other financing activities | 15,600,000 | 14,400,000 | 8,100,000 | 47,900,000 | 31,900,000 | 25,400,000 | 18,100,000 | 5,600,000 | -3,100,000 | -9,200,000 | -11,800,000 | -17,900,000 | 18,100,000 | 25,200,000 | -2,800,000 | -4,800,000 | -13,800,000 | -700,000 | 16,400,000 | 7,500,000 | -6,800,000 | 27,200,000 | 15,300,000 | 4,400,000 | 2,500,000 | 3,600,000 | 7,000,000 | 300,000 |
total financing cash from continuing operations | -862,800,000 | -485,100,000 | -667,800,000 | -654,900,000 | 2,565,000,000 | 2,776,400,000 | 2,411,200,000 | |||||||||||||||||||||
total financing cash from discontinued operations | -160,300,000 | |||||||||||||||||||||||||||
net cash from financing activities | -1,023,100,000 | 509,300,000 | -141,000,000 | -296,700,000 | -15,100,000 | 306,900,000 | -766,300,000 | -441,400,000 | -187,100,000 | -838,400,000 | -582,900,000 | -332,600,000 | -485,100,000 | -667,800,000 | -654,900,000 | -760,200,000 | -728,400,000 | -283,200,000 | 2,565,000,000 | 2,776,400,000 | 2,411,200,000 | 2,234,500,000 | 358,900,000 | 440,900,000 | -80,700,000 | -119,400,000 | ||
effect of exchange rate changes on cash and equivalents | 2,500,000 | 8,000,000 | 4,300,000 | -5,600,000 | -13,000,000 | -10,400,000 | -11,400,000 | -9,500,000 | 1,100,000 | -46,300,000 | -24,000,000 | 700,000 | -4,200,000 | -400,000 | -6,500,000 | -2,700,000 | -18,800,000 | -28,300,000 | -11,600,000 | 7,900,000 | 7,100,000 | -36,300,000 | -21,400,000 | 15,800,000 | 10,300,000 | 12,300,000 | 17,000,000 | 12,900,000 |
net change in cash and equivalents | -382,500,000 | 1,019,400,000 | 78,800,000 | -1,077,500,000 | -1,244,700,000 | -1,184,200,000 | 4,900,000 | 3,600,000 | -36,400,000 | -114,000,000 | -136,400,000 | -135,000,000 | -986,400,000 | -259,000,000 | -525,200,000 | 283,900,000 | -142,200,000 | -164,700,000 | -117,900,000 | -86,300,000 | 2,550,500,000 | 183,000,000 | 1,406,100,000 | 53,600,000 | 51,200,000 | -57,500,000 | 150,800,000 | 14,400,000 |
beginning balance of cash and equivalents | 813,300,000 | 813,300,000 | 813,300,000 | 1,888,800,000 | 1,888,800,000 | 1,888,800,000 | 709,200,000 | 709,200,000 | 709,200,000 | 819,300,000 | 819,300,000 | 819,300,000 | 1,824,800,000 | 1,824,800,000 | 1,824,800,000 | 1,205,200,000 | 1,205,200,000 | 1,205,200,000 | 1,178,400,000 | 1,178,400,000 | 1,178,400,000 | 962,100,000 | 962,100,000 | 962,100,000 | 0 | 0 | 0 | 803,200,000 |
ending balance of cash and equivalents | 430,800,000 | 1,832,700,000 | 892,100,000 | 811,300,000 | 644,100,000 | 704,600,000 | 714,100,000 | 712,800,000 | 672,800,000 | 705,300,000 | 682,900,000 | 684,300,000 | 838,400,000 | 1,565,800,000 | 1,299,600,000 | 1,489,100,000 | 1,063,000,000 | 1,040,500,000 | 1,060,500,000 | 1,092,100,000 | 3,728,900,000 | 1,145,100,000 | 2,368,200,000 | 1,015,700,000 | 51,200,000 | -57,500,000 | 150,800,000 | 817,600,000 |
for the three months ended september 26, 2025: | ||||||||||||||||||||||||||||
balance, june 27, 2025 | -253,300,000 | -253,300,000 | ||||||||||||||||||||||||||
other comprehensive income before reclassifications, net of income taxes | -10,700,000 | 108,000,000 | -76,500,000 | 89,300,000 | -28,100,000 | -76,500,000 | -46,000,000 | -7,400,000 | 13,400,000 | -112,400,000 | -121,300,000 | -39,400,000 | -35,700,000 | 16,600,000 | -34,700,000 | 63,900,000 | 36,000,000 | -136,300,000 | -52,500,000 | 1,300,000 | 16,700,000 | -23,900,000 | -99,800,000 | 36,400,000 | ||||
amounts reclassified from aoci into income: | ||||||||||||||||||||||||||||
increase | 7,000,000 | 2,700,000 | ||||||||||||||||||||||||||
income tax impact | -12,700,000 | -7,900,000 | ||||||||||||||||||||||||||
amounts reclassified from aoci into income, net of income taxes | 7,000,000 | |||||||||||||||||||||||||||
net current period other comprehensive income, net of income taxes | -10,700,000 | 108,000,000 | 89,300,000 | -21,100,000 | -76,500,000 | -46,000,000 | -7,400,000 | 13,400,000 | -112,400,000 | -118,600,000 | -39,400,000 | -35,700,000 | 16,600,000 | -34,700,000 | 63,900,000 | 36,000,000 | -136,300,000 | -52,500,000 | 1,300,000 | 16,700,000 | -23,900,000 | -99,800,000 | 36,400,000 | |||||
pt separation | 316,100,000 | |||||||||||||||||||||||||||
balance, september 26, 2025 | 52,100,000 | |||||||||||||||||||||||||||
for the three months ended september 27, 2024: | ||||||||||||||||||||||||||||
balance, june 28, 2024 | -389,300,000 | -389,300,000 | -389,300,000 | -389,300,000 | ||||||||||||||||||||||||
balance, september 27, 2024 | -300,000,000 | -300,000,000 | ||||||||||||||||||||||||||
(a) includes balances relating to defined benefit plans, supplemental executive retirement plans, and other postretirement employee benefit plans. | ||||||||||||||||||||||||||||
(b) this component of aoci is included in the computation of net periodic pension cost (refer to note 10 in our 2024 annual report on form 10-k for additional details). | ||||||||||||||||||||||||||||
(c) reflects the reclassification of cumulative translation adjustments as a result of the pt separation. refer to note 2 for additional details. | ||||||||||||||||||||||||||||
(d) amount was rounded to zero. | ||||||||||||||||||||||||||||
gain on sale of property | -63,100,000 | -63,100,000 | -63,100,000 | |||||||||||||||||||||||||
income from divestiture | 25,600,000 | 25,600,000 | ||||||||||||||||||||||||||
cash infusion into divestiture | -14,000,000 | -14,000,000 | ||||||||||||||||||||||||||
for the three months ended june 27, 2025: | ||||||||||||||||||||||||||||
balance, march 28, 2025 | -361,300,000 | -361,300,000 | ||||||||||||||||||||||||||
other comprehensive income before reclassifications: | ||||||||||||||||||||||||||||
increase: | 120,700,000 | 78,000,000 | ||||||||||||||||||||||||||
for the three months ended june 28, 2024: | ||||||||||||||||||||||||||||
balance, march 29, 2024 | -368,200,000 | -368,200,000 | -368,200,000 | -368,200,000 | ||||||||||||||||||||||||
(b) this amount relates to the cumulative translation adjustment recognized in earnings upon the invetech divestiture. refer to note 1 for additional details. | ||||||||||||||||||||||||||||
(c) this component of aoci is included in the computation of net periodic pension cost (refer to note 10 in our 2024 annual report on form 10-k for additional details). | ||||||||||||||||||||||||||||
for the three months ended march 28, 2025: | ||||||||||||||||||||||||||||
balance, december 31, 2024 | -431,400,000 | |||||||||||||||||||||||||||
other comprehensive income before reclassifications, net of income taxes: | 70,100,000 | |||||||||||||||||||||||||||
net current period other comprehensive income | 70,100,000 | |||||||||||||||||||||||||||
for the three months ended march 29, 2024: | ||||||||||||||||||||||||||||
balance, december 31, 2023 | -291,700,000 | |||||||||||||||||||||||||||
(c) amount was rounded to zero. | ||||||||||||||||||||||||||||
russia exit and wind down costs | 9,200,000 | 9,200,000 | ||||||||||||||||||||||||||
change in deferred income taxes | ||||||||||||||||||||||||||||
change in accounts receivable | -85,100,000 | -54,000,000 | -20,100,000 | -34,600,000 | -10,100,000 | -30,700,000 | 10,000,000 | |||||||||||||||||||||
proceeds from sale of business | 6,600,000 | |||||||||||||||||||||||||||
payment of 0.875% convertible senior notes due 2022 | -1,156,500,000 | -1,156,500,000 | -1,156,500,000 | |||||||||||||||||||||||||
category | ||||||||||||||||||||||||||||
buildings | ||||||||||||||||||||||||||||
leased assets and leasehold improvements | ||||||||||||||||||||||||||||
machinery, equipment and other | ||||||||||||||||||||||||||||
noncash items: | ||||||||||||||||||||||||||||
payments for additions to property, plant and equipment | -83,400,000 | -55,600,000 | -26,400,000 | -73,700,000 | -45,800,000 | -24,800,000 | -59,700,000 | -37,100,000 | -18,800,000 | -28,000,000 | -17,100,000 | -8,400,000 | -86,200,000 | -59,500,000 | -33,800,000 | -79,600,000 | -48,500,000 | -24,000,000 | -93,700,000 | -58,700,000 | -31,400,000 | -48,400,000 | -32,100,000 | -28,800,000 | -26,800,000 | |||
for the three months ended september 29, 2023: | ||||||||||||||||||||||||||||
balance, june 30, 2023 | -295,400,000 | -295,400,000 | -295,400,000 | -295,400,000 | ||||||||||||||||||||||||
balance, september 29, 2023 | -341,400,000 | -341,400,000 | ||||||||||||||||||||||||||
(b) this component of aoci is included in the computation of net periodic pension cost (refer to note 11 in our 2023 annual report on form 10-k for additional details). | ||||||||||||||||||||||||||||
stock-based compensation expense | 53,100,000 | 28,900,000 | 85,200,000 | 55,700,000 | 26,700,000 | 67,900,000 | 45,000,000 | 19,900,000 | 55,200,000 | 36,800,000 | 16,600,000 | 60,200,000 | 38,800,000 | 16,100,000 | 45,500,000 | 28,800,000 | 12,900,000 | 40,500,000 | 26,500,000 | 11,900,000 | 11,400,000 | 11,900,000 | 13,300,000 | 12,000,000 | ||||
for the three months ended june 30, 2023: | ||||||||||||||||||||||||||||
balance, march 31, 2023 | -288,000,000 | -288,000,000 | -288,000,000 | -288,000,000 | ||||||||||||||||||||||||
(c) this component of aoci is included in the computation of net periodic pension cost (refer to note 11 in our 2023 annual report on form 10-k for additional details). | ||||||||||||||||||||||||||||
balance, december 31,2023 | -291,700,000 | |||||||||||||||||||||||||||
for the three months ended march 31, 2023: | ||||||||||||||||||||||||||||
balance, december 31, 2022 | -301,400,000 | -301,400,000 | ||||||||||||||||||||||||||
(b) this component of aoci is included in the computation of net periodic pension cost (refer to note 11 in our most recently filed form 10-k for additional details). | ||||||||||||||||||||||||||||
(c) the income tax impact amount was rounded to zero. | ||||||||||||||||||||||||||||
loss on extinguishment of debt | 104,200,000 | 104,200,000 | 104,200,000 | |||||||||||||||||||||||||
gain on investment in vontier corporation | -57,000,000 | -57,000,000 | -57,000,000 | |||||||||||||||||||||||||
gain on litigation resolution | ||||||||||||||||||||||||||||
net proceeds from commercial paper borrowings | 381,300,000 | 481,300,000 | 930,700,000 | |||||||||||||||||||||||||
payment of common stock cash dividend to shareholders | -74,800,000 | -50,000,000 | -25,100,000 | -72,600,000 | -47,400,000 | -23,700,000 | -70,700,000 | -47,100,000 | -23,500,000 | -70,300,000 | -46,800,000 | -23,400,000 | -73,200,000 | |||||||||||||||
payment of mandatory convertible preferred stock cash dividend to shareholders | -34,500,000 | -34,500,000 | -17,300,000 | -34,500,000 | -17,300,000 | -34,500,000 | -34,500,000 | -17,300,000 | -17,600,000 | |||||||||||||||||||
for the three months ended september 30, 2022: | ||||||||||||||||||||||||||||
balance, july 1, 2022 | -280,700,000 | -280,700,000 | -280,700,000 | -280,700,000 | ||||||||||||||||||||||||
balance, september 30, 2022 | -393,100,000 | -393,100,000 | ||||||||||||||||||||||||||
amounts reclassified from accumulated other comprehensive income | ||||||||||||||||||||||||||||
amounts reclassified from accumulated other comprehensive income, net of income taxes | 2,700,000 | |||||||||||||||||||||||||||
for the three months ended july 1, 2022: | ||||||||||||||||||||||||||||
balance, april 1, 2022 | -162,100,000 | -162,100,000 | -162,100,000 | -162,100,000 | ||||||||||||||||||||||||
for the three months ended april 1, 2022: | ||||||||||||||||||||||||||||
balance, december 31, 2021 | -122,700,000 | -122,700,000 | ||||||||||||||||||||||||||
(b) this component of aoci is included in the computation of net periodic pension cost (refer to note 12 in our most recently filed form 10-k for additional details). | ||||||||||||||||||||||||||||
unrealized gain on investment in vontier corporation | ||||||||||||||||||||||||||||
proceeds from sale of business and property | ||||||||||||||||||||||||||||
net cash consideration received from vontier separation | ||||||||||||||||||||||||||||
supplemental disclosure: | ||||||||||||||||||||||||||||
transfer of noncash net liabilities to vontier corporation | ||||||||||||||||||||||||||||
provision | ||||||||||||||||||||||||||||
write-offs | ||||||||||||||||||||||||||||
foreign currency exchange | ||||||||||||||||||||||||||||
for the three months ended october 1, 2021: | ||||||||||||||||||||||||||||
balance, july 2, 2021 | -72,100,000 | -72,100,000 | -72,100,000 | -72,100,000 | ||||||||||||||||||||||||
balance, october 1, 2021 | -107,800,000 | -107,800,000 | ||||||||||||||||||||||||||
proceeds from borrowings (maturities greater than 90 days), net of issuance costs of 0.6 million in 2022 | 397,000,000 | |||||||||||||||||||||||||||
for the three months ended july 2, 2021: | ||||||||||||||||||||||||||||
balance, april 2, 2021 | -88,700,000 | -88,700,000 | -88,700,000 | -88,700,000 | ||||||||||||||||||||||||
for the three months ended april 2, 2021: | ||||||||||||||||||||||||||||
balance, december 31, 2020 | -54,000,000 | -54,000,000 | ||||||||||||||||||||||||||
gain from combination of business | -41,200,000 | |||||||||||||||||||||||||||
proceeds from borrowings (maturities greater than 90 days), net of 0.3 million and 8 million of issuance costs in 2021 and 2020, respectively | ||||||||||||||||||||||||||||
fx and other | ||||||||||||||||||||||||||||
gain on litigation dismissal | -26,000,000 | -26,000,000 | ||||||||||||||||||||||||||
net proceeds from (repayment of) commercial paper borrowings | 215,000,000 | |||||||||||||||||||||||||||
proceeds from borrowings (maturities greater than 90 days), net of issuance costs of 8 million in 2020 | ||||||||||||||||||||||||||||
for the three months ended september 25, 2020: | ||||||||||||||||||||||||||||
balance, june 26, 2020 | -79,100,000 | -79,100,000 | -79,100,000 | -79,100,000 | ||||||||||||||||||||||||
balance, september 25, 2020 | -15,200,000 | -15,200,000 | ||||||||||||||||||||||||||
impairment charge on intangible assets | ||||||||||||||||||||||||||||
cash paid for acquisitions | -2,825,200,000 | -9,300,000 | -7,700,000 | -754,500,000 | ||||||||||||||||||||||||
net proceeds from borrowings | 380,800,000 | |||||||||||||||||||||||||||
proceeds from borrowings | 1,750,000,000 | 0 | ||||||||||||||||||||||||||
cash dividend paid to former parent | ||||||||||||||||||||||||||||
payment of cash dividend to shareholders | ||||||||||||||||||||||||||||
net transfers to former parent | ||||||||||||||||||||||||||||
• | ||||||||||||||||||||||||||||
net repayments of commercial paper borrowings | ||||||||||||||||||||||||||||
proceeds from borrowings (maturities longer than 90 days), net of issuance costs of 1 million in 2020 | ||||||||||||||||||||||||||||
for the three months ended june 26, 2020: | ||||||||||||||||||||||||||||
balance, march 27, 2020 | -115,100,000 | -115,100,000 | -115,100,000 | -115,100,000 | ||||||||||||||||||||||||
decrease | ||||||||||||||||||||||||||||
for the three months ended march 27, 2020: | ||||||||||||||||||||||||||||
balance, december 31, 2019 | 21,200,000 | 21,200,000 | ||||||||||||||||||||||||||
(a) this component of aoci is included in the computation of net periodic pension cost (refer to note 8 for additional details). | ||||||||||||||||||||||||||||
(b) includes balances relating to defined benefit plans, supplemental executive retirement plans, and other postretirement employee benefit plans. | ||||||||||||||||||||||||||||
impairment charges on intangibles | ||||||||||||||||||||||||||||
proceeds from borrowings (maturities greater than 90 days), net of 8 million and 24 million of issuance costs in 2020 and 2019, respectively | ||||||||||||||||||||||||||||
proceeds from issuance of mandatory convertible preferred stock, net of 43.0 million of issuance costs | ||||||||||||||||||||||||||||
transfer of non-cash net liabilities to vontier corporation | ||||||||||||||||||||||||||||
reportable segment | ||||||||||||||||||||||||||||
intelligent operating solutions | ||||||||||||||||||||||||||||
precision technologies | ||||||||||||||||||||||||||||
advanced healthcare solutions | ||||||||||||||||||||||||||||
impairment of goodwill | 85,300,000 | 85,300,000 | 85,300,000 | |||||||||||||||||||||||||
gain on sale of assets | -5,300,000 | -5,300,000 | ||||||||||||||||||||||||||
proceeds from sale of assets | 5,300,000 | 5,300,000 | ||||||||||||||||||||||||||
proceeds from borrowings (maturities longer than 90 days), net of issuance costs of 8 million and 24 million in 2020 and 2019, respectively | 741,700,000 | 741,700,000 | ||||||||||||||||||||||||||
for the three months ended september 27, 2019: | ||||||||||||||||||||||||||||
balance, june 28, 2019 | -11,300,000 | -11,300,000 | -11,300,000 | -11,300,000 | ||||||||||||||||||||||||
balance, september 27, 2019 | -63,800,000 | -63,800,000 | ||||||||||||||||||||||||||
(a) this component of aoci is included in the computation of net periodic pension cost (refer to note 7 for additional details). | ||||||||||||||||||||||||||||
for the three months ended june 28, 2019: | ||||||||||||||||||||||||||||
balance, march 29, 2019 | -12,600,000 | -12,600,000 | -12,600,000 | -12,600,000 | ||||||||||||||||||||||||
proceeds from borrowings (maturities longer than 90 days), net of issuance costs of 1 million and 24 million in 2020 and 2019, respectively | 373,800,000 | |||||||||||||||||||||||||||
for the three months ended march 29, 2019: | ||||||||||||||||||||||||||||
balance, december 31, 2018 | -29,300,000 | -29,300,000 | ||||||||||||||||||||||||||
gain on sale of product line | ||||||||||||||||||||||||||||
proceeds from sale of product line | ||||||||||||||||||||||||||||
payment of cash dividends to shareholders | ||||||||||||||||||||||||||||
proceeds from borrowings (maturities longer than 90 days), net of issuance costs of 24.3 million for the nine months ended september 27, 2019 | 2,413,200,000 | |||||||||||||||||||||||||||
proceeds from issuance of mandatory convertible preferred stock net of 43.0 million of issuance costs | ||||||||||||||||||||||||||||
for the three months ended september 28, 2018: | ||||||||||||||||||||||||||||
balance, june 29, 2018 | 600,000 | 600,000 | 600,000 | 600,000 | ||||||||||||||||||||||||
balance, september 28, 2018 | -23,300,000 | -23,300,000 | ||||||||||||||||||||||||||
(a) this accumulated other comprehensive income component is included in the computation of net periodic pension cost (refer to note 9 for additional details). | ||||||||||||||||||||||||||||
(b) includes balances relating to defined benefit plans, supplemental executive retirement plans and other postretirement employee benefit plans. | ||||||||||||||||||||||||||||
(c) we did not elect to reclassify the income tax effects of the tax cuts and jobs act from accumulated other comprehensive income to retained earnings. | ||||||||||||||||||||||||||||
proceeds from borrowings (maturities greater than 90 days), net of 24.3 million of issuance costs | 2,413,200,000 | 2,417,800,000 | ||||||||||||||||||||||||||
total financing cash provided used in discontinued operations | ||||||||||||||||||||||||||||
for the three months ended june 29, 2018: | ||||||||||||||||||||||||||||
balance, march 30, 2018 | 100,400,000 | 100,400,000 | 100,400,000 | 100,400,000 | ||||||||||||||||||||||||
for the three months ended march 30, 2018: | ||||||||||||||||||||||||||||
balance, december 31, 2017 | 64,000,000 | 64,000,000 | ||||||||||||||||||||||||||
impairment charges on intangible assets | ||||||||||||||||||||||||||||
gain on acquisition | ||||||||||||||||||||||||||||
net | -64,300,000 | |||||||||||||||||||||||||||
proceeds from issuance of mandatory convertible preferred stock, net of 43 million of issuance costs | ||||||||||||||||||||||||||||
payment of cash dividend to former parent | ||||||||||||||||||||||||||||
other financing activities | ||||||||||||||||||||||||||||
machinery and equipment | ||||||||||||||||||||||||||||
gain from acquisition | 0 | |||||||||||||||||||||||||||
proceeds from issuance of mandatory convertible preferred stock net of 43 million of issuance costs | 1,337,400,000 | |||||||||||||||||||||||||||
(a) this accumulated other comprehensive income component is included in the computation of net periodic pension cost (refer to note 7 for additional details). | ||||||||||||||||||||||||||||
net repayments of borrowings | -326,000,000 | -74,300,000 | -63,300,000 | -95,500,000 | ||||||||||||||||||||||||
proceeds from issuance of mandatory convertible preferred stock net of 36 million of issuance costs | 1,338,200,000 | |||||||||||||||||||||||||||
net cash provided (used) by financing activities | 978,800,000 | |||||||||||||||||||||||||||
net cash used by financing activities | -94,200,000 | |||||||||||||||||||||||||||
for the three months ended march 31, 2017: | ||||||||||||||||||||||||||||
balance, december 31, 2016 | -72,600,000 | |||||||||||||||||||||||||||
balance, march 31, 2017 | -29,000,000 | |||||||||||||||||||||||||||
gain on sale of real property | ||||||||||||||||||||||||||||
proceeds from sale of real property | ||||||||||||||||||||||||||||
payment of cash dividend to parent | ||||||||||||||||||||||||||||
net transfers to parent |
