Balance Sheet

v3.25.4

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and equivalents	$ 375.5	$ 813.3
Accounts receivable less allowance for doubtful accounts of $18.8 and $19.4, respectively	683.6	661.3
Inventories:
Finished goods	169.9	151.9
Work in process	12.3	15.3
Raw materials	109.6	102.6
Inventories	291.8	269.8
Prepaid expenses and other current assets	234.0	233.6
Current assets, discontinued operations	20.8	614.3
Total current assets	1,605.7	2,592.3
Property, plant and equipment, net	269.8	232.9
Other assets	375.5	348.4
Goodwill	7,298.3	7,216.0
Other intangible assets, net	2,188.4	2,530.5
Other assets, discontinued operations	0.0	4,096.0
Total assets	11,737.7	17,016.1
Current liabilities:
Long-Term Debt, Current Maturities	899.5	376.2
Trade accounts payable	436.4	425.4
Accrued expenses and other current liabilities	910.7	868.3
Current liabilities, discontinued operations	0.0	568.5
Total current liabilities	2,246.6	2,238.4
Other long-term liabilities	723.5	847.2
Long-term debt	2,306.5	3,331.1
Long-term liabilities, discontinued operations	0.0	403.8
Commitments and Contingencies (Note 12)
Equity:
Common stock: $0.01 par value, 2,000 shares authorized; 369.6 and 366.6 issued; 313.4 and 341.2 outstanding; respectively	3.7	3.7
Additional paid-in capital	4,210.0	4,035.0
Treasury shares, at cost	(3,229.8)	(1,612.3)
Retained earnings	5,428.5	8,227.6
Accumulated other comprehensive income (loss)	41.0	(465.4)
Total Fortive stockholders’ equity	6,453.4	10,188.6
Noncontrolling interests	7.7	7.0
Total stockholders’ equity	6,461.1	10,195.6
Total liabilities and equity	$ 11,737.7	$ 17,016.1

- Definition

Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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