Danaher corporation (DHR)
CashFlow / TTM
Apr'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

3,269

3,008

2,485

2,475

2,418

2,650

2,760

2,669

2,552

2,492

2,382

2,202

2,301

2,553

2,495

3,507

3,546

3,357

3,330

2,607

2,588

2,598

2,726

2,642

2,582

2,695

2,536

2,487

2,471

2,392

2,332

2,307

2,355

2,172

2,075

2,198

1,922

1,793

1,586

1,291

1,214

1,151

0

0

0

Less: earnings from discontinued operations, net of income taxes

0

-

-

-

0

-

-

-

-

319

22

11

250

400

567

2,030

1,771

1,610

0

0

0

-

-

-

-

-

-

-

-

210

100

108

317

237

274

278

79

74

0

0

0

-

-

-

-

Net earnings from continuing operations

0

-

-

-

0

-

-

-

-

2,172

2,360

2,190

2,051

2,153

1,927

1,477

1,774

1,746

0

0

0

-

-

-

-

-

-

-

-

2,181

2,232

2,199

2,038

1,935

1,801

1,919

1,842

1,718

0

0

0

-

-

-

-

Noncash items:
Depreciation

567

564

563

560

552

562

560

557

547

538

576

565

556

545

530

472

477

484

393

449

451

448

525

527

516

511

509

500

494

487

489

490

423

350

277

198

191

189

179

180

177

175

0

0

0

Amortization

624

625

624

620

600

615

613

605

585

578

649

626

610

583

564

480

435

396

268

281

277

269

327

347

342

338

330

325

319

311

334

330

310

284

255

222

208

198

186

175

166

156

0

0

0

Stock-based compensation expense

168

158

156

150

139

138

133

129

126

127

138

136

133

129

123

110

103

103

78

88

86

84

106

108

110

109

110

109

107

103

103

100

96

95

93

93

94

88

86

82

79

87

0

0

0

Dividends received related to earnings of unconsolidated joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pretax gain on sales of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

223

223

235

235

12

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends from unconsolidated joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

25

27

13

18

0

0

0

-

-

-

-

-

-

-

-

Pre-tax gain on sale of unconsolidated joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in trade accounts receivable, net

47

156

209

206

200

54

88

55

91

142

13

49

98

183

179

62

19

-0

-148

-117

-67

42

136

165

147

35

217

99

69

77

1

121

91

135

170

207

235

250

122

164

57

-103

0

0

0

Change in inventories

72

21

48

108

130

134

154

148

68

-3

-49

-68

-38

-9

-48

-144

-172

-146

-117

-25

-24

-68

-73

-97

-65

-43

6

27

-45

-58

-94

-163

-125

-162

-52

31

127

161

115

50

-125

-197

0

0

0

Change in trade accounts payable

21

18

76

95

185

229

66

137

88

-53

67

16

103

78

154

82

19

50

0

55

91

79

12

42

68

175

125

74

50

63

47

64

24

36

59

86

162

217

245

286

154

-86

0

0

0

Change in prepaid expenses and other assets

40

-47

-55

-101

-118

-75

9

12

-52

12

-8

-19

50

62

111

62

48

68

38

128

154

144

161

144

120

112

48

58

136

95

61

78

56

111

-5

12

-55

-67

-151

-229

-102

-137

0

0

0

Change in accrued expenses and other liabilities

270

404

490

460

340

55

180

332

348

364

-221

-360

-110

250

549

562

412

165

45

156

148

189

66

28

-47

-65

-113

-76

114

106

2

-192

-179

-139

80

355

157

228

250

130

150

106

0

0

0

Total operating cash provided by continuing operations

0

-

-

-

0

-

-

-

-

-

-

-

-

3,087

3,382

2,789

2,909

2,832

0

0

0

-

-

-

-

-

-

-

-

3,306

3,487

3,200

2,949

2,732

2,457

2,330

2,057

2,018

0

0

0

-

-

-

-

Total operating cash provided by discontinued operations

0

-

-

-

0

-

-

-

-

-

-

-

-

434

722

1,449

1,141

969

0

0

0

-

-

-

-

-

-

-

-

108

-45

-19

-114

-105

-85

-78

69

65

0

0

0

-

-

-

-

Net operating cash provided by operating activities

4,067

3,951

4,078

4,031

3,896

4,022

3,619

3,772

3,746

3,477

3,292

3,037

3,309

3,521

4,104

4,238

4,051

3,801

3,809

3,873

3,770

3,758

3,597

3,552

3,460

3,585

3,306

3,296

3,406

3,415

3,442

3,181

2,835

2,626

2,372

2,251

2,127

2,084

2,006

1,930

1,878

1,800

0

0

0

Cash flows from investing activities:
Cash paid for acquisitions

20,757

331

331

432

2,481

2,173

0

0

0

-

-

-

-

4,880

140

13,747

13,859

14,247

16,414

2,825

3,159

2,839

646

1,166

1,033

882

1,503

985

1,564

1,607

1,096

1,099

5,749

6,210

6,648

6,787

1,383

2,129

0

0

0

-

-

-

-

Payments for additions to property, plant and equipment

627

635

660

628

585

583

566

555

550

570

613

622

625

589

583

533

518

512

407

440

451

465

555

564

552

538

504

469

444

445

453

457

405

334

265

207

200

191

200

180

176

175

0

0

0

Proceeds from sales of property, plant and equipment

12

12

18

17

6

6

1

3

32

32

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

2

3

5

5

0

0

0

Payments for purchases of investments

235

241

250

238

189

146

0

0

0

-

-

-

-

-

-

-

-

87

7

87

87

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66

0

0

0

Proceeds from sales of investments

-

-

-

-

-

22

160

160

159

138

0

0

0

265

264

307

307

43

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of unconsolidated joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

All other investing activities

-56

-28

-29

-45

-15

-0

0

29

3

2

-19

-19

-16

-21

29

0

-2

-5

-30

-11

-10

-16

-21

-14

-15

2

-3

-10

-18

-30

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Total investing cash used in continuing operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-5,173

-420

-13,908

-14,007

-14,738

0

0

0

-

-

-

-

-

-

-

-

-2,023

-1,525

-1,523

-6,131

-6,521

-6,919

-6,933

-1,523

-2,262

0

0

0

-

-

-

-

Proceeds from sale of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

337

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Total investing cash used in discontinued operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-69

-159

-271

-244

-212

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-5

-25

-27

-28

-26

0

0

0

-

-

-

-

Net operating cash used in investing activities

-21,608

-1,238

-1,269

-1,311

-3,325

-2,949

-2,967

-2,835

-802

-843

-5,451

-5,450

-5,415

-5,243

-579

-14,179

-14,252

-14,951

-17,136

-3,532

-3,850

-3,444

-978

-1,512

-1,391

-552

-1,514

-954

-1,499

-1,887

-1,189

-1,186

-5,115

-5,847

-6,225

-6,281

-1,552

-2,288

-2,166

-2,160

-2,174

-942

0

0

0

Cash flows from financing activities:
Proceeds from the issuance of common stock in connection with stock-based compensation

103

130

133

129

110

96

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Issuance of Common Stock

0

1,443

1,443

1,443

1,443

0

-49

-35

-20

0

56

55

141

164

207

262

231

249

256

203

164

132

103

128

153

177

217

217

195

212

195

166

1,133

1,112

1,121

1,135

198

178

194

220

187

174

0

0

0

Proceeds from Issuance of Preferred Stock and Preference Stock

0

1,599

1,599

1,599

1,599

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of dividends

552

526

497

458

448

433

418

403

389

378

367

380

393

399

405

391

376

354

331

306

280

227

174

122

69

52

69

69

69

86

69

69

65

61

57

53

52

52

52

48

45

41

0

0

0

Payment for purchase of noncontrolling interest

-

-

-

-

-

-

-

-

-

64

64

64

64

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from (repayments of) borrowings (maturities of 90 days or less)

3,278

2,801

-72

-364

216

65

422

-360

-3,580

-3,778

1,233

1,008

2,860

2,218

-4,971

2,593

2,681

3,511

6,471

65

61

312

-6

-8

4

-763

-77

-262

-205

195

-1,057

81

473

854

1,425

440

24

0

2

43

-31

-445

0

0

0

Proceeds from borrowings (maturities longer than 90 days)

0

-

-

-

0

-

-

-

-

-

-

-

-

3,240

3,973

8,923

5,945

5,682

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

744

0

0

0

Repayments of borrowings (maturities longer than 90 days)

-

-

-

-

-

-

-

-

-

-

-

-

-

2,480

2,387

537

34

35

11

12

414

414

405

1,061

968

967

1,025

369

60

61

11

1,602

1,601

1,602

0

0

0

-

-

-

23

24

0

0

0

All other financing activities

-39

-43

-7

-6

-11

-17

-25

-38

-45

-59

-51

-37

-25

-27

-26

-26

-26

-3

-24

-24

-24

-20

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net operating cash provided by financing activities

18,121

16,365

10,695

1,835

2,402

-797

-436

-732

-2,829

-3,098

1,802

-947

2,342

2,042

-4,284

10,823

8,420

9,050

11,310

-74

-493

-218

-483

-1,063

-880

-1,605

-1,343

-1,131

-788

-388

-1,200

-1,423

1,725

2,088

2,671

3,297

162

116

127

195

87

407

0

0

0

Effect of exchange rate changes on cash and equivalents

-123

45

-28

-25

-109

-117

-87

-26

127

130

34

-12

-97

-148

-102

-127

-66

-115

-175

-245

-262

-205

-105

19

8

9

5

-3

-10

2

3

-4

4

36

31

50

50

-1

30

9

38

63

0

0

0

Net change in cash and equivalents

457

19,124

13,475

4,529

2,864

157

127

177

241

-333

-322

-3,371

139

172

-862

755

-1,846

-2,214

-2,191

20

-835

-109

2,029

996

1,195

1,436

454

1,206

1,107

1,141

1,056

566

-550

-1,096

-1,150

-681

787

-88

-1

-25

-169

1,329

0

0

0

Supplemental disclosures:
Cash interest payments

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

164

-

118

115

118

118

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Cash income tax payments

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

569

-

513

555

601

569

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0