Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

Danaher Corp., adjusted current assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current assets	13,937)	15,883)	11,648)	13,802)	25,597)
Adjustments
Add: Allowance for doubtful accounts	120)	126)	124)	132)	104)
After Adjustment
Adjusted current assets	14,057)	16,009)	11,772)	13,934)	25,700)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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Danaher Corp., adjusted total assets

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total assets	84,488)	84,350)	83,184)	76,161)	62,082)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Allowance for doubtful accounts	120)	126)	124)	132)	104)
Less: Noncurrent deferred tax assets, net²	—)	—)	—)	—)	—)
After Adjustment
Adjusted total assets	84,608)	84,476)	83,308)	76,293)	62,185)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Noncurrent deferred tax assets, net. See details »

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Danaher Corp., adjusted current liabilities

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Current liabilities	8,274)	8,389)	8,140)	7,402)	4,932)
Adjustments
Less: Current contract liabilities	1,465)	1,648)	1,613)	1,212)	688)
After Adjustment
Adjusted current liabilities	6,809)	6,741)	6,527)	6,190)	4,244)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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Danaher Corp., adjusted total liabilities

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total liabilities	30,998)	34,260)	38,007)	36,384)	31,800)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Less: Noncurrent deferred tax liabilities²	2,192)	2,958)	3,563)	3,454)	1,652)
Less: Contract liabilities	1,714)	1,883)	1,826)	1,417)	806)
After Adjustment
Adjusted total liabilities	27,092)	29,419)	32,618)	31,513)	29,342)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Noncurrent deferred tax liabilities. See details »

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Danaher Corp., adjusted total Danaher stockholders’ equity

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Total Danaher stockholders’ equity	53,486)	50,082)	45,167)	39,766)	30,271)
Adjustments
Less: Net deferred tax asset (liability)¹	(2,192)	(2,958)	(3,563)	(3,454)	(1,652)
Add: Allowance for doubtful accounts	120)	126)	124)	132)	104)
Add: Contract liabilities	1,714)	1,883)	1,826)	1,417)	806)
Add: Noncontrolling interests	4)	8)	10)	11)	11)
After Adjustment
Adjusted total stockholders’ equity	57,516)	55,057)	50,690)	44,780)	32,844)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Net deferred tax asset (liability). See details »

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Danaher Corp., adjusted capitalization table

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Notes payable and current portion of long-term debt	1,695)	591)	8)	11)	212)
Long-term debt, excluding current portion	16,707)	19,086)	22,168)	21,193)	21,517)
Total reported debt	18,402)	19,677)	22,176)	21,204)	21,729)
Total Danaher stockholders’ equity	53,486)	50,082)	45,167)	39,766)	30,271)
Total reported capital	71,888)	69,759)	67,343)	60,970)	52,000)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	—)
Add: Current operating lease liabilities²	180)	199)	207)	189)	158)
Add: Long-term operating lease liabilities³	954)	863)	889)	785)	639)
Adjusted total debt	19,536)	20,739)	23,272)	22,178)	22,526)
Adjustments to Equity
Less: Net deferred tax asset (liability)⁴	(2,192)	(2,958)	(3,563)	(3,454)	(1,652)
Add: Allowance for doubtful accounts	120)	126)	124)	132)	104)
Add: Contract liabilities	1,714)	1,883)	1,826)	1,417)	806)
Add: Noncontrolling interests	4)	8)	10)	11)	11)
Adjusted total stockholders’ equity	57,516)	55,057)	50,690)	44,780)	32,844)
After Adjustment
Adjusted total capital	77,052)	75,796)	73,962)	66,958)	55,370)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Current operating lease liabilities. See details »

³ Long-term operating lease liabilities. See details »

⁴ Net deferred tax asset (liability). See details »

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Danaher Corp., adjusted sales

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Sales	23,890)	31,471)	29,453)	22,284)	17,911)
Adjustment
Add: Increase (decrease) in contract liabilities	37)	57)	409)	611)	69)
After Adjustment
Adjusted sales	23,927)	31,528)	29,862)	22,895)	17,980)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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Danaher Corp., adjusted net earnings

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
As Reported
Net earnings	4,764)	7,209)	6,433)	3,646)	3,008)
Adjustments
Add: Deferred income tax expense (benefit)¹	(1,204)	(559)	(229)	518)	(415)
Add: Increase (decrease) in allowance for doubtful accounts	28)	2)	(8)	28)	1)
Add: Increase (decrease) in contract liabilities	37)	57)	409)	611)	69)
Less: Earnings from discontinued operations, net of income taxes	543)	—)	86)	—)	576)
Add: Other comprehensive income (loss), net of income taxes	150)	(1,845)	(659)	2,700)	(277)
After Adjustment
Adjusted net earnings	3,232)	4,864)	5,860)	7,503)	1,810)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

¹ Deferred income tax expense (benefit). See details »

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Danaher Corp. (NYSE:DHR)

Adjustments to Financial Statements

Adjustments to Current Assets

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Revenues

Adjustments to Reported Income