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: 2020 | |||
Consolidated Statements Of Earnings | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 25, 2021) | |||
| (In Millions, except shares in Thousands) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Sales | $ 22,284 | 17,911 | 17,049 |
| Cost of sales | (9,809) | (7,927) | (7,544) |
| Gross profit | 12,475 | 9,984 | 9,505 |
| Operating costs: | |||
| Selling, general and administrative expenses | (6,896) | (5,589) | (5,391) |
| Research and development expenses | (1,348) | (1,126) | (1,059) |
| Operating profit | 4,231 | 3,269 | 3,055 |
| Nonoperating income (expense): | |||
| Other income (expense), net | 39 | 12 | 35 |
| Gain on sale of product lines | 455 | 0 | 0 |
| Loss on early extinguishment of borrowings | (26) | (7) | 0 |
| Interest expense | (275) | (108) | (137) |
| Interest income | 71 | 139 | 9 |
| Earnings from continuing operations before income taxes | 4,495 | 3,305 | 2,962 |
| Income taxes | (849) | (873) | (556) |
| Net earnings from continuing operations | 3,646 | 2,432 | 2,406 |
| Earnings from discontinued operations, net of income taxes | 0 | 576 | 245 |
| Net earnings | 3,646 | 3,008 | 2,651 |
| Mandatory convertible preferred stock dividends | (136) | (68) | 0 |
| Net earnings attributable to common stockholders | 3,510 | 2,940 | 2,651 |
| Net earnings per share: | |||
| Net earnings per share from continuing operations, basic | 4.97 | 3.31 | 3.43 |
| Net earnings per share from continuing operations, diluted | 4.89 | 3.26 | 3.39 |
| Net earnings per share from discontinued operations, basic | 0.00 | 0.81 | 0.35 |
| Net earnings per share from discontinued operations, diluted | 0.00 | 0.79 | 0.34 |
| Net earnings per share, basic | 4.97 | 4.11 [1] | 3.78 |
| Net earnings per share, diluted | 4.89 | 4.05 | 3.74 |
| Average common stock and common equivalent shares outstanding: | |||
| Basic | 706,200 | 715,000 | 700,600 |
| Diluted | 718,700 | 725,500 | 710,200 |
| [1] Net earnings per common share amount does not add due to rounding. | |||
| External Links | |
| DANAHER CORP /DE/ (DHR) Fiscal Year 2020 | |
| 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 |