v3.25.3
Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Sep. 26, 2025
Dec. 31, 2024
Current assets:    
Cash and equivalents $ 430.8 $ 813.3
Accounts receivable less allowance for doubtful accounts of $18.7 and $19.4, respectively 633.6 661.3
Inventories:    
Finished goods 190.8 151.9
Work in process 12.2 15.3
Raw materials 107.6 102.6
Inventories 310.6 269.8
Prepaid expenses and other current assets 303.4 233.6
Current assets, discontinued operations 53.2 614.3
Total current assets 1,731.6 2,592.3
Property, plant and equipment, net of accumulated depreciation of $426.5 and $392.2, respectively 258.7 232.9
Other assets 348.6 348.4
Goodwill 7,276.2 7,216.0
Other intangible assets, net 2,268.4 2,530.5
Other assets, discontinued operations 3.2 4,096.0
Total assets 11,886.7 17,016.1
Current liabilities:    
Current portion of long-term debt 1,189.2 376.2
Trade accounts payable 427.6 425.4
Accrued expenses and other current liabilities 852.7 868.3
Current liabilities, discontinued operations 0.0 568.5
Total current liabilities 2,469.5 2,238.4
Other long-term liabilities 788.6 847.2
Long-term debt 2,117.1 3,331.1
Long-term liabilities, discontinued operations 0.0 403.8
Equity:    
Common stock: $0.01 par value, 2,000 shares authorized; 368.8 and 366.6 issued; 317.6 and 341.2 outstanding, respectively 3.7 3.7
Additional paid-in capital 4,164.3 4,035.0
Treasury shares, at cost (2,962.6) (1,612.3)
Retained earnings 5,264.3 8,227.6
Accumulated other comprehensive income (loss) 34.2 (465.4)
Total Fortive stockholders’ equity 6,503.9 10,188.6
Noncontrolling interests 7.6 7.0
Total stockholders’ equity 6,511.5 10,195.6
Total liabilities and equity $ 11,886.7 $ 17,016.1

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