Microsoft Excel LibreOffice Calc

Danaher Corp. (DHR)


Balance Sheet: Liabilities and Stockholders’ Equity

Difficulty: Beginner

The balance sheet provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Danaher Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

Microsoft Excel LibreOffice Calc
Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Notes payable and current portion of long-term debt 51,800  194,700  2,594,800  845,200  71,900 
Trade accounts payable 1,712,800  1,509,900  1,485,000  2,049,000  1,875,000 
Compensation and benefits 1,026,800  961,000  914,100  968,700  911,400 
Pension and postretirement benefits 75,200  95,800  91,700  112,900  100,100 
Taxes, income and other 292,400  386,400  293,900  422,300  566,900 
Deferred revenue 685,200  666,000  539,800  633,700  766,500 
Sales and product allowances 167,800  155,700  144,100  190,300  188,700 
Other 829,500  822,800  810,600  948,300  915,900 
Accrued expenses and other liabilities 3,076,900  3,087,700  2,794,200  3,276,200  3,449,500 
Current liabilities 4,841,500  4,792,300  6,874,000  6,170,400  5,396,400 
Compensation and benefits 236,900  236,200  247,100  331,900  328,300 
Pension and postretirement benefits 961,900  1,052,000  1,222,900  1,345,400  1,330,600 
Taxes, income and other 3,577,700  3,543,600  3,894,100  4,191,500  2,647,900 
Deferred revenue 113,800  104,900  92,700  160,400  186,800 
Sales and product allowances 2,000  2,000  2,000  2,200  2,400 
Other 183,500  222,400  211,500  231,200  248,000 
Other long-term liabilities 5,075,800  5,161,100  5,670,300  6,262,600  4,744,000 
Long-term debt, excluding current portion 9,688,500  10,327,400  9,674,200  12,025,200  3,401,500 
Noncurrent liabilities 14,764,300  15,488,500  15,344,500  18,287,800  8,145,500 
Total liabilities 19,605,800  20,280,800  22,218,500  24,458,200  13,541,900 
Common stock, $0.01 par value 8,200  8,100  8,100  8,000  7,900 
Additional paid-in capital 5,834,300  5,538,200  5,312,900  4,981,200  4,480,900 
Retained earnings 25,163,000  22,806,100  20,703,500  21,012,300  20,323,000 
Accumulated other comprehensive loss (2,791,100) (1,994,200) (3,021,700) (2,311,200) (1,433,700)
Total Danaher stockholders’ equity 28,214,400  26,358,200  23,002,800  23,690,300  23,378,100 
Noncontrolling interests 12,300  9,600  74,000  73,700  71,700 
Total stockholders’ equity 28,226,700  26,367,800  23,076,800  23,764,000  23,449,800 
Total liabilities and stockholders’ equity 47,832,500  46,648,600  45,295,300  48,222,200  36,991,700 

Based on: 10-K (filing date: 2019-02-21), 10-K (filing date: 2018-02-21), 10-K (filing date: 2017-02-22), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-25).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Danaher Corp.’s current liabilities declined from 2016 to 2017 but then slightly increased from 2017 to 2018.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Danaher Corp.’s noncurrent liabilities increased from 2016 to 2017 but then declined significantly from 2017 to 2018.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Danaher Corp.’s total liabilities declined from 2016 to 2017 and from 2017 to 2018.
Total Danaher stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity’s stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Danaher Corp.’s total Danaher stockholders’ equity increased from 2016 to 2017 and from 2017 to 2018.