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: 2015 | |||
Consolidated Statements Of Earnings | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 24, 2016) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Sales | $ 20,563,100 | 19,154,000 | 18,283,100 |
| Cost of sales | (9,800,600) | (9,261,400) | (8,941,100) |
| Gross profit | 10,762,500 | 9,892,600 | 9,342,000 |
| Operating costs: | |||
| Selling, general and administrative expenses | (6,054,300) | (5,389,000) | (5,117,100) |
| Research and development expenses | (1,239,100) | (1,157,000) | (1,104,400) |
| Operating profit | 3,469,100 | 3,346,600 | 3,120,500 |
| Nonoperating income (expense): | |||
| Other income | 12,400 | 156,500 | 431,300 |
| Interest expense | (162,800) | (119,100) | (141,200) |
| Interest income | 5,300 | 16,700 | 5,700 |
| Earnings from continuing operations before income taxes | 3,324,000 | 3,400,700 | 3,416,300 |
| Income taxes | (725,300) | (857,600) | (825,700) |
| Net earnings from continuing operations | 2,598,700 | 2,543,100 | 2,590,600 |
| Earnings from discontinued operations, net of income taxes | 758,700 | 55,300 | 104,400 |
| Net earnings | 3,357,400 | 2,598,400 | 2,695,000 |
| Net earnings per share from continuing operations: | |||
| Basic (in dollars per share) | 3.72 | 3.62 | 3.72 |
| Diluted (in dollars per share) | 3.67 | 3.56 | 3.65 |
| Net earnings per share from discontinued operations: | |||
| Basic (in dollars per share) | 1.09 | 0.08 | 0.15 |
| Diluted (in dollars per share) | 1.07 | 0.08 | 0.15 |
| Net earnings per share: | |||
| Basic (in dollars per share) | 4.81 | 3.70 | 3.87 |
| Diluted (in dollars per share) | 4.74 | 3.63 | 3.80 |
| Average common stock and common equivalent shares outstanding: | |||
| Basic (in shares) | 698,100 | 702,200 | 696,000 |
| Diluted (in shares) | 708,500 | 716,100 | 711,000 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
DANAHER CORP /DE/ | |||
Ticker: DHR Fiscal Year: 2015 | |||
Consolidated Statements Of Comprehensive Income | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 24, 2016) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Net earnings | $ 3,357,400 | 2,598,400 | 2,695,000 |
| Other comprehensive income (loss), net of income taxes: | |||
| Foreign currency translation adjustments | (975,600) | (1,235,000) | (62,100) |
| Pension and postretirement plan benefit adjustments | 80,500 | (361,100) | 289,000 |
| Unrealized gain (loss) on available-for-sale securities | 17,600 | (52,100) | 46,800 |
| Total other comprehensive income (loss), net of income taxes | (877,500) | (1,648,200) | 273,700 |
| Comprehensive income | 2,479,900 | 950,200 | 2,968,700 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
DANAHER CORP /DE/ | |||
Ticker: DHR Fiscal Year: 2015 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 24, 2016) | |||
| (In Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Cash flows from operating activities: | |||
| Net earnings | $ 3,357,400 | 2,598,400 | 2,695,000 |
| Less: earnings from discontinued operations, net of income taxes | 758,700 | 55,300 | 104,400 |
| Net earnings from continuing operations | 2,598,700 | 2,543,100 | 2,590,600 |
| Noncash items: | |||
| Depreciation | 573,500 | 537,900 | 511,700 |
| Amortization | 477,800 | 351,600 | 338,900 |
| Stock-based compensation expense | 139,000 | 115,500 | 109,600 |
| Cash dividends from unconsolidated joint venture | 0 | 0 | 66,600 |
| Pre-tax Gain On Sales Of Investments And Product Line | (12,400) | (156,500) | (431,300) |
| Change in deferred income taxes | (151,300) | 199,800 | 276,300 |
| Change in trade accounts receivable, net | (52,100) | (113,400) | (35,200) |
| Change in inventories | 119,700 | 49,900 | 43,500 |
| Change in trade accounts payable | 103,900 | 108,500 | 175,300 |
| Change in prepaid expenses and other assets | (86,700) | (136,900) | (112,900) |
| Change in accrued expenses and other liabilities | 117,900 | 118,500 | (65,700) |
| Total operating cash provided by continuing operations | 3,828,000 | 3,618,000 | 3,467,400 |
| Total operating cash (used in) provided by discontinued operations | (26,200) | 140,400 | 117,900 |
| Net cash provided by operating activities | 3,801,800 | 3,758,400 | 3,585,300 |
| Cash flows from investing activities: | |||
| Cash paid for acquisitions | (14,305,000) | (3,128,400) | (882,500) |
| Payments for additions to property, plant and equipment | (633,000) | (580,600) | (538,100) |
| Payments for purchases of investments | (87,100) | 0 | 0 |
| Proceeds from sales of investments and a product line | 43,000 | 253,800 | 958,600 |
| All other investing activities | 69,900 | 30,300 | (2,400) |
| Total investing cash used in continuing operations | (14,912,200) | (3,424,900) | (464,400) |
| Total investing cash used in discontinued operations | (38,800) | (19,400) | (88,100) |
| Net cash used in investing activities | (14,951,000) | (3,444,300) | (552,500) |
| Cash flows from financing activities: | |||
| Proceeds from the issuance of common stock | 249,000 | 132,900 | 177,400 |
| Payment of dividends | (354,100) | (227,700) | (52,100) |
| Net proceeds from (repayments of) borrowings (maturities of 90 days or less) | 3,511,200 | 312,200 | (763,300) |
| Proceeds from borrowings (maturities longer than 90 days) | 5,682,900 | 0 | 0 |
| Repayments of borrowings (maturities longer than 90 days) | (35,500) | (414,700) | (967,800) |
| All other financing activities | (3,300) | (20,900) | 0 |
| Net cash provided by (used in) financing activities | 9,050,200 | (218,200) | (1,605,800) |
| Effect of exchange rate changes on cash and equivalents | (115,800) | (205,500) | 9,500 |
| Net change in cash and equivalents | (2,214,800) | (109,600) | 1,436,500 |
| Beginning balance of cash and equivalents | 3,005,600 | 3,115,200 | |
| Ending balance of cash and equivalents | 790,800 | 3,005,600 | 3,115,200 |
| Supplemental disclosure: | |||
| Shares redeemed through the distribution of the communications business (26.0 shares held as Treasury shares), value | 2,291,700 | 0 | 0 |
| Shares held as Treasury shares | 26,000 | ||
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
DANAHER CORP /DE/ | ||
Ticker: DHR Fiscal Year: 2015 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2015 10-K (Filed: Feb 24, 2016) | ||
| (In Thousands, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2015 | Dec 31, 2014 | |
| ASSETS | ||
| Current assets: | ||
| Cash and equivalents | $ 790,800 | 3,005,600 |
| Trade accounts receivable, less allowance for doubtful accounts of $134.2 and $120.3, respectively | 3,964,100 | 3,445,800 |
| Inventories | 2,095,400 | 1,782,800 |
| Prepaid expenses and other current assets | 986,400 | 952,700 |
| Current assets, discontinued operations | 0 | 244,400 |
| Total current assets | 7,836,700 | 9,431,300 |
| Property, plant and equipment, net | 2,825,600 | 2,171,900 |
| Other assets | 1,219,300 | 1,016,700 |
| Goodwill | 25,070,300 | 15,673,200 |
| Other intangible assets, net | 11,270,300 | 7,059,500 |
| Other assets, discontinued operations | 0 | 1,639,100 |
| Total assets | 48,222,200 | 36,991,700 |
| LIABILITIES AND STOCKHOLDERS EQUITY | ||
| Current liabilities: | ||
| Notes payable and current portion of long-term debt | 845,200 | 71,900 |
| Trade accounts payable | 2,049,000 | 1,825,000 |
| Accrued expenses and other liabilities | 3,276,200 | 3,191,500 |
| Current liabilities, discontinued operations | 0 | 308,000 |
| Total current liabilities | 6,170,400 | 5,396,400 |
| Other long-term liabilities | 6,262,600 | 4,584,400 |
| Long-term debt | 12,025,200 | 3,401,500 |
| Long-term liabilities, discontinued operations | 0 | 159,600 |
| Stockholders equity: | ||
| Common stock - $0.01 par value, 2.0 billion shares authorized; 801.6 and 792.5 issued; 686.8 and 704.3 outstanding, respectively | 8,000 | 7,900 |
| Additional paid-in capital | 4,981,200 | 4,480,900 |
| Retained earnings | 21,012,300 | 20,323,000 |
| Accumulated other comprehensive income (loss) | (2,311,200) | (1,433,700) |
| Total Danaher stockholders equity | 23,690,300 | 23,378,100 |
| Noncontrolling interests | 73,700 | 71,700 |
| Total stockholders equity | 23,764,000 | 23,449,800 |
| Total liabilities and stockholders equity | 48,222,200 | 36,991,700 |
| External Links | |
| DANAHER CORP /DE/ (DHR) Fiscal Year 2015 | |
| 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 |