Danaher corporation (DHR)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Sales

17,911

17,048

15,518

16,882

14,433

12,866

18,283

17,474

16,090

12,550

10,516

12,262

11,025

Cost of sales

7,927

7,543

6,947

7,547

6,662

6,017

8,941

8,633

7,913

6,145

5,446

6,475

5,985

Gross profit

9,983

9,505

8,571

9,334

7,771

6,849

9,342

8,841

8,176

6,404

5,070

5,787

-

Operating costs:
Selling, general and administrative expenses

5,588

5,391

5,042

5,624

4,747

4,035

5,117

4,923

4,607

3,603

3,115

3,304

2,713

Research and development expenses

1,126

1,059

956

975

861

769

1,104

1,009

1,018

774

600

696

601

Earnings from unconsolidated joint venture

-

-

-

-

-

-

-

69

66

22

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

85

-

14

Total operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

9,285

Operating Income (Loss)

3,269

3,055

2,572

2,735

2,162

2,045

3,120

2,979

2,617

2,049

1,439

1,787

1,740

Nonoperating income (expense):
Other income, net

12

34

103

239

12

122

431

0

-

-

-

-

-

Gain on sale of marketable equity securities

-

-

-

-

-

-

-

-

0

-

-

-

-

Gain on contribution of businesses to joint venture

-

-

-

-

-

-

-

-

-

-291

0

-

-

Loss on early extinguishment of borrowings

-6

0

0

-178

0

0

-

-

-32

0

-

-

-

Gain on sale of unconsolidated joint venture

-

-

-

-

-

-

-

-

0

-

-

-

-

Interest expense

108

136

140

184

139

94

141

152

141

117

118

126

109

Interest income

139

9

7

0

4

13

5

3

5

6

5

10

6

Earnings from continuing operations before income taxes

3,305

2,961

2,543

2,611

2,039

2,086

3,416

2,830

2,447

2,229

1,326

1,670

1,637

Income taxes

873

555

371

457

292

447

825

648

512

511

239

404

423

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

2,432

2,406

2,172

2,153

1,746

1,638

2,590

2,181

1,935

1,718

1,087

1,266

1,213

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

575

244

319

400

1,610

959

104

210

237

74

64

51

155

Net Income (Loss) Attributable to Parent

3,008

2,650

2,492

2,553

3,357

2,598

2,695

2,392

2,172

1,793

1,151

1,317

1,369

Preferred Stock Dividends, Income Statement Impact

68

0

0

-

-

-

-

-

-

-

-

-

-

Net earnings attributable to common stockholders

2,939

2,650

2,492

-

-

-

-

-

-

-

-

-

-

Earnings Per Share [Abstract]
Net earnings per share from continuing operations:
Income (Loss) from Continuing Operations, Per Basic Share

3.31

3.43

3.12

3.12

2.50

2.33

3.72

3.15

2.86

2.63

1.69

1.98

3.90

Income (Loss) from Continuing Operations, Per Diluted Share

3.26

3.39

3.08

3.08

2.47

2.29

3.65

3.07

2.77

2.53

1.63

1.90

3.72

Net earnings per share from discontinued operations:
Net earnings per share from discontinued operations, basic

0.81

0.35

0.46

0.58

2.31

1.37

0.15

0.30

0.35

0.11

0.10

0.08

0.50

Net earnings per share from discontinued operations, diluted

0.79

0.34

0.45

0.57

2.27

1.34

0.15

0.30

0.34

0.11

0.10

0.08

0.47

Net earnings per common share, basic

4.11

3.78

3.58

3.69

4.81

3.70

3.87

3.45

3.21

2.74

1.80

2.06

4.40

Net earnings per common share, diluted

4.05

3.74

3.53

3.65

4.74

3.63

3.80

3.36

3.11

2.64

1.73

1.98

4.19

Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Weighted Average Number of Shares Outstanding, Basic

715

700

695

691

698

702

696

693

676

653

641

638

311

Weighted Average Number of Shares Outstanding, Diluted

725

710

706

699

708

716

711

713

701

683

671

671

329