Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Danaher Corp. (NYSE:DHR)

Balance Sheet: Liabilities and Stockholders’ Equity

Beginner level

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, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Notes payable and current portion of long-term debt 212,400  51,800  194,700  2,594,800  845,200 
Trade accounts payable 1,514,400  1,712,800  1,509,900  1,485,000  2,049,000 
Compensation and benefits 931,300  1,026,800  961,000  914,100  968,700 
Pension and postretirement benefits 150,800  75,200  95,800  91,700  112,900 
Taxes, income and other 356,500  292,400  386,400  293,900  422,300 
Deferred revenue 687,800  685,200  666,000  539,800  633,700 
Sales and product allowances 115,400  167,800  155,700  144,100  190,300 
Current operating lease liabilities under ASC 842 157,800  —  —  —  — 
Other 805,700  829,500  822,800  810,600  948,300 
Accrued expenses and other liabilities 3,205,300  3,076,900  3,087,700  2,794,200  3,276,200 
Current liabilities 4,932,100  4,841,500  4,792,300  6,874,000  6,170,400 
Compensation and benefits 223,000  236,900  236,200  247,100  331,900 
Pension and postretirement benefits 898,400  961,900  1,052,000  1,222,900  1,345,400 
Taxes, income and other 3,308,800  3,577,700  3,543,600  3,894,100  4,191,500 
Deferred revenue 118,100  113,800  104,900  92,700  160,400 
Sales and product allowances 2,000  2,000  2,000  2,000  2,200 
Long-term operating lease liabilities under ASC 842 639,100  —  —  —  — 
Other 161,500  183,500  222,400  211,500  231,200 
Other long-term liabilities 5,350,900  5,075,800  5,161,100  5,670,300  6,262,600 
Long-term debt, excluding current portion 21,516,700  9,688,500  10,327,400  9,674,200  12,025,200 
Long-term liabilities 26,867,600  14,764,300  15,488,500  15,344,500  18,287,800 
Total liabilities 31,799,700  19,605,800  20,280,800  22,218,500  24,458,200 
Preferred stock, without par value; 4.75% Mandatory Convertible Preferred Stock, Series A 1,599,600  —  —  —  — 
Common stock, $0.01 par value 8,400  8,200  8,100  8,100  8,000 
Additional paid-in capital 7,564,600  5,834,300  5,538,200  5,312,900  4,981,200 
Retained earnings 24,166,300  25,163,000  22,806,100  20,703,500  21,012,300 
Accumulated other comprehensive loss (3,068,300) (2,791,100) (1,994,200) (3,021,700) (2,311,200)
Total Danaher stockholders’ equity 30,270,600  28,214,400  26,358,200  23,002,800  23,690,300 
Noncontrolling interests 11,300  12,300  9,600  74,000  73,700 
Total stockholders’ equity 30,281,900  28,226,700  26,367,800  23,076,800  23,764,000 
Total liabilities and stockholders’ equity 62,081,600  47,832,500  46,648,600  45,295,300  48,222,200 

Based on: 10-K (filing date: 2020-02-21), 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).

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 increased from 2017 to 2018 and from 2018 to 2019.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Danaher Corp.’s long-term liabilities decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
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 decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
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 2017 to 2018 and from 2018 to 2019.