10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
DANAHER CORP /DE/ | |||
Ticker: DHR Fiscal Year: 2012 | |||
Consolidated Statements Of Earnings | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 22, 2013) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Sales | $ 18,260,400 | 16,090,500 | 12,550,000 |
| Cost of sales | (8,846,100) | (7,913,900) | (6,145,500) |
| Gross profit | 9,414,300 | 8,176,600 | 6,404,500 |
| Operating costs and other: | |||
| Selling, general and administrative expenses | (5,181,200) | (4,607,700) | (3,603,700) |
| Research and development expenses | (1,137,900) | (1,018,500) | (774,000) |
| Earnings from unconsolidated joint venture | 69,900 | 66,800 | 22,800 |
| Operating profit | 3,165,100 | 2,617,200 | 2,049,600 |
| Non-operating income (expense): | |||
| Gain on contribution of businesses to joint venture | 0 | 0 | 291,000 |
| Loss on early extinguishment of debt | 0 | (32,900) | 0 |
| Interest expense | (157,500) | (141,600) | (117,100) |
| Interest income | 3,200 | 5,100 | 6,100 |
| Earnings from continuing operations before income taxes | 3,010,800 | 2,447,800 | 2,229,600 |
| Income taxes | (711,500) | (512,500) | (511,400) |
| Net earnings from continuing operations | 2,299,300 | 1,935,300 | 1,718,200 |
| Earnings from discontinued operations, net of income taxes | 92,900 | 237,000 | 74,800 |
| Net earnings | 2,392,200 | 2,172,300 | 1,793,000 |
| Net earnings per share from continuing operations: | |||
| Basic (in dollars per share) | 3.32 | 2.86 | 2.63 |
| Diluted (in dollars per share) | 3.23 | 2.77 | 2.53 |
| Net earnings per share from discontinued operations: | |||
| Basic (in dollars per share) | 0.13 | 0.35 | 0.11 |
| Diluted (in dollars per share) | 0.13 | 0.34 | 0.11 |
| Net earnings per share: | |||
| Basic (in dollars per share) | 3.45 | 3.21 | 2.74 |
| Diluted (in dollars per share) | 3.36 | 3.11 | 2.64 |
| Average common stock and common equivalent shares outstanding: | |||
| Basic (in shares) | 693,400 | 676,200 | 653,200 |
| Diluted (in shares) | 713,100 | 701,200 | 683,300 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
DANAHER CORP /DE/ | |||
Ticker: DHR Fiscal Year: 2012 | |||
Consolidated Statements Of Comprehensive Income | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 22, 2013) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Net earnings | $ 2,392,200 | 2,172,300 | 1,793,000 |
| Other comprehensive income (loss), net of income taxes: | |||
| Foreign currency translation adjustments | 90,800 | (226,800) | 600 |
| Pension and post-retirement plan benefit adjustments | (139,700) | (171,200) | (26,700) |
| Unrealized gain on available-for-sale securities | 26,600 | 15,700 | 24,600 |
| Total other comprehensive loss, net of income taxes | (22,300) | (382,300) | (1,500) |
| Comprehensive income | 2,369,900 | 1,790,000 | 1,791,500 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
DANAHER CORP /DE/ | |||
Ticker: DHR Fiscal Year: 2012 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 22, 2013) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Cash flows from operating activities: | |||
| Net earnings | $ 2,392,200 | 2,172,300 | 1,793,000 |
| Less earnings from discontinued operations, net of income taxes | 92,900 | 237,000 | 74,800 |
| Net earnings from continuing operations | 2,299,300 | 1,935,300 | 1,718,200 |
| Non-cash items: | |||
| Depreciation | 497,800 | 350,700 | 189,700 |
| Amortization | 342,000 | 284,300 | 198,600 |
| Stock compensation expense | 109,900 | 95,600 | 88,100 |
| Earnings from unconsolidated joint venture, net of cash dividends received | (25,400) | (18,400) | (22,800) |
| Pre-tax gain on contribution of businesses to joint venture | 0 | 0 | (291,000) |
| Change in deferred income taxes | 184,900 | 271,400 | 37,600 |
| Change in trade accounts receivable, net | (79,700) | (135,300) | (250,900) |
| Change in inventories | 69,800 | 162,000 | (161,700) |
| Change in trade accounts payable | 57,000 | 36,600 | 217,200 |
| Change in prepaid expenses and other assets | (100,300) | (111,000) | 67,500 |
| Change in accrued expenses and other liabilities | 146,800 | (139,100) | 228,200 |
| Total operating cash provided by continuing operations | 3,502,100 | 2,732,100 | 2,018,700 |
| Total operating cash (used in) provided by discontinued operations | (87,100) | (105,800) | 65,700 |
| Net cash provided by operating activities | 3,415,000 | 2,626,300 | 2,084,400 |
| Cash flows from investing activities: | |||
| Payments for additions to property, plant and equipment | (458,300) | (334,500) | (191,100) |
| Proceeds from disposals of property, plant and equipment and other assets | 30,000 | 8,600 | 1,600 |
| Proceeds from contribution of businesses to joint venture | 0 | 14,800 | 56,500 |
| Cash paid for acquisitions | (1,796,800) | (6,210,800) | (2,129,700) |
| Total investing cash used in continuing operations | (2,225,100) | (6,521,900) | (2,262,700) |
| Total investing cash used in discontinued operations | 0 | (5,500) | (26,200) |
| Proceeds from sale of discontinued operations | 337,500 | 680,100 | 0 |
| Net cash used in investing activities | (1,887,600) | (5,847,300) | (2,288,900) |
| Cash flows from financing activities: | |||
| Proceeds from the issuance of common stock | 212,000 | 1,112,500 | 178,400 |
| Payment of dividends | (86,400) | (61,300) | (52,200) |
| Purchase of treasury stock | 648,400 | 0 | 0 |
| Net proceeds from borrowings (maturities of 90 days or less) | 195,900 | 854,000 | 0 |
| Proceeds from borrowings (maturities longer than 90 days) | 0 | 1,785,800 | 0 |
| Repayments of borrowings (maturities longer than 90 days) | (61,500) | (1,602,400) | (9,400) |
| Net cash (used in) provided by financing activities | (388,400) | 2,088,600 | 116,800 |
| Effect of exchange rate changes on cash and equivalents | 2,700 | 36,400 | (1,200) |
| Net change in cash and equivalents | 1,141,700 | (1,096,000) | (88,900) |
| Beginning balance of cash and equivalents | 537,000 | 1,633,000 | |
| Ending balance of cash and equivalents | 1,678,700 | 537,000 | 1,633,000 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
DANAHER CORP /DE/ | ||
Ticker: DHR Fiscal Year: 2012 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2012 10-K (Filed: Feb 22, 2013) | ||
| (In Thousands, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2012 | Dec 31, 2011 | |
| ASSETS | ||
| Current Assets: | ||
| Cash and equivalents | $ 1,678,700 | 537,000 |
| Trade accounts receivable, less allowance for doubtful accounts of $121.4 and $117.4, respectively | 3,267,300 | 3,049,900 |
| Inventories | 1,813,400 | 1,781,400 |
| Prepaid expenses and other current assets | 828,400 | 904,100 |
| Total current assets | 7,587,800 | 6,272,400 |
| Property, plant and equipment, net | 2,140,900 | 2,101,000 |
| Investment in joint venture | 548,300 | 521,900 |
| Other assets | 858,000 | 739,700 |
| Goodwill | 15,462,000 | 14,474,300 |
| Other intangible assets, net | 6,344,000 | 5,840,200 |
| Total assets | 32,941,000 | 29,949,500 |
| LIABILITIES AND STOCKHOLDERS EQUITY | ||
| Current Liabilities: | ||
| Notes payable and current portion of long-term debt | 55,500 | 98,400 |
| Trade accounts payable | 1,546,300 | 1,422,400 |
| Accrued expenses and other liabilities | 2,604,300 | 2,651,200 |
| Total current liabilities | 4,206,100 | 4,172,000 |
| Other long-term liabilities | 4,363,400 | 3,598,900 |
| Long-term debt | 5,287,600 | 5,206,800 |
| Stockholders Equity: | ||
| Common stock - $0.01 par value, 2.0 billion shares authorized; 774.6 and 761.1 issued; 687.5 and 687.7 outstanding, respectively | 7,700 | 7,600 |
| Additional paid-in capital | 3,688,100 | 3,877,200 |
| Retained earnings | 15,379,900 | 13,056,900 |
| Accumulated other comprehensive income (loss) | (59,200) | (36,900) |
| Total Danaher stockholders equity | 19,016,500 | 16,904,800 |
| Non-controlling interests | 67,400 | 67,000 |
| Total stockholders equity | 19,083,900 | 16,971,800 |
| Total liabilities and stockholders equity | 32,941,000 | 29,949,500 |
| External Links | |
| DANAHER CORP /DE/ (DHR) Fiscal Year 2012 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |