DANAHER CORP DE
For the period ended Jun 28, 2024. Filed Jul 23, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 28, 2024 · Filed Jul 23, 2024
DHR$236.11+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Condensed Statements of Earnings
($ and shares in millions, except per share amounts)
| Three-Month Period Ended | Six-Month Period Ended | |||
|---|---|---|---|---|
| June 28, 2024 | June 30, 2023 | June 28, 2024 | June 30, 2023 | |
| Sales | $5,743 | $5,912 | $11,539 | $11,861 |
| Cost of sales | (2,315) | (2,594) | (4,624) | (4,881) |
| Gross profit | 3,428 | 3,318 | 6,915 | 6,980 |
| Operating costs: | ||||
| Selling, general and administrative expenses | (1,869) | (1,794) | (3,676) | (3,566) |
| Research and development expenses | (391) | (361) | (759) | (734) |
| Operating profit | 1,168 | 1,163 | 2,480 | 2,680 |
| Nonoperating income (expense): | ||||
| Other income (expense), net | (59) | (15) | (95) | 9 |
| Interest expense | (65) | (65) | (130) | (131) |
| Interest income | 39 | 59 | 99 | 107 |
| Earnings before income taxes | 1,083 | 1,142 | 2,354 | 2,665 |
| Income taxes | (176) | (222) | (359) | (505) |
| Net earnings from continuing operations | 907 | 920 | 1,995 | 2,160 |
| Earnings from discontinued operations, net of income taxes | — | 186 | — | 396 |
| Net earnings | 907 | 1,106 | 1,995 | 2,556 |
| Mandatory convertible preferred stock dividends | — | — | — | (21) |
| Net earnings attributable to common stockholders | $907 | $1,106 | $1,995 | $2,535 |
| Net earnings per common share from continuing operations: | ||||
| Basic | $1.23 | $1.25 | $2.70 | $2.92 |
| Diluted | $1.22 | $1.24 | $2.68(a) | $2.89 |
| Net earnings per common share from discontinued operations: | ||||
| Basic | $— | $0.25 | $— | $0.54 |
| Diluted | $— | $0.25 | $— | $0.53 |
| Net earnings per common share: | ||||
| Basic | $1.23 | $1.50 | $2.70 | $3.46 |
| Diluted | $1.22 | $1.49 | $2.68(a) | $3.42(a) |
| Average common stock and common equivalent shares outstanding: | ||||
| Basic | 737.6 | 737.3 | 739.1 | 733.4 |
| Diluted | 742.4 | 744.7 | 745.5 | 740.2 |
(a) Net earnings per common share amounts for the relevant three-month periods do not add to the six-month period amount due to rounding.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.