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Danaher Corp/DE – ‘10-Q’ for 6/30/17 – ‘EX-12.1’

On:  Wednesday, 7/19/17, at 6:15pm ET   ·   As of:  7/20/17   ·   For:  6/30/17   ·   Accession #:  313616-17-203   ·   File #:  1-08089

Previous ‘10-Q’:  ‘10-Q’ on 4/20/17 for 3/31/17   ·   Next:  ‘10-Q’ on 10/19/17 for 9/29/17   ·   Latest:  ‘10-Q’ on 4/23/24 for 3/29/24   ·   1 Reference:  By:  Danaher Corp./DE – ‘10-K’ on 2/25/21 for 12/31/20

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  As Of               Filer                 Filing    For·On·As Docs:Size

 7/20/17  Danaher Corp/DE                   10-Q        6/30/17   81:7.8M

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    622K 
 2: EX-10.1     2007 Omnibus Incentive Plan                         HTML    154K 
 3: EX-10.3     2007 Omnibus Incentive Plan Stock Option Agreement  HTML     81K 
                (Non-Employee Directors)                                         
 4: EX-10.4     2007 Omnibus Incentive Plan Rsu Agreement           HTML     80K 
                (Non-Employee Directors)                                         
 5: EX-10.5     2007 Omnibus Incentive Plan Stock Option Agreement  HTML    251K 
 6: EX-10.6     2007 Omnibus Incentive Plan Restricted Stock Unit   HTML    243K 
                Agreement                                                        
 7: EX-10.7     2007 Omnibus Incentive Plan Performance Stock Unit  HTML    108K 
                Agreement                                                        
 8: EX-12.1     Ratio of Earnings to Fixed Charges                  HTML     44K 
 9: EX-31.1     Section 302 CEO Certification                       HTML     30K 
10: EX-31.2     Section 302 CFO Certification                       HTML     30K 
11: EX-32.1     Section 906 CEO Certification                       HTML     25K 
12: EX-32.2     Section 906 CFO Certification                       HTML     25K 
19: R1          Document And Entity Information                     HTML     43K 
20: R2          Consolidated Condensed Balance Sheets               HTML    113K 
21: R3          Consolidated Condensed Statements Of Earnings       HTML    102K 
22: R4          Consolidated Condensed Statements Of Comprehensive  HTML     43K 
                Income                                                           
23: R5          Consolidated Condensed Statement Of Stockholders'   HTML     63K 
                Equity                                                           
24: R6          Consolidated Condensed Statements Of Cash Flows     HTML    128K 
25: R7          General                                             HTML    177K 
26: R8          Acquisitions                                        HTML     55K 
27: R9          Discontinued Operations                             HTML     51K 
28: R10         Goodwill                                            HTML     39K 
29: R11         Fair Value Measurements                             HTML     76K 
30: R12         Financing                                           HTML     82K 
31: R13         Defined Benefit Plans                               HTML     90K 
32: R14         Income Taxes                                        HTML     33K 
33: R15         Stock Transactions And Stock-Based Compensation     HTML     68K 
34: R16         Nonoperating Income (Expense)                       HTML     26K 
35: R17         Restructuring (Notes)                               HTML     32K 
36: R18         Commitments And Contingencies                       HTML     32K 
37: R19         Net Earnings Per Share From Continuing Operations   HTML     80K 
38: R20         Segment Information                                 HTML     68K 
39: R21         General (Policies)                                  HTML     38K 
40: R22         General (Tables)                                    HTML    158K 
41: R23         Acquisitions (Tables)                               HTML     48K 
42: R24         Discontinued Operations (Tables)                    HTML     51K 
43: R25         Goodwill (Tables)                                   HTML     39K 
44: R26         Fair Value Measurements (Tables)                    HTML     73K 
45: R27         Financing (Tables)                                  HTML     62K 
46: R28         Defined Benefit Plans (Tables)                      HTML     93K 
47: R29         Stock Transactions And Stock-Based Compensation     HTML     61K 
                (Tables)                                                         
48: R30         Restructuring (Tables)                              HTML     29K 
49: R31         Commitments And Contingencies (Tables)              HTML     30K 
50: R32         Net Earnings Per Share From Continuing Operations   HTML     78K 
                (Tables)                                                         
51: R33         Segment Information (Tables)                        HTML     67K 
52: R34         General New Accounting Standards (Narrative)        HTML     25K 
                (Details)                                                        
53: R35         General (Components of Accumulated Other            HTML     68K 
                Comprehensive Income) (Details)                                  
54: R36         Acquisitions (Narrative) (Details)                  HTML     48K 
55: R37         Acquisitions Fair Values Of The Assets Acquired     HTML     44K 
                And Liabilities Assumed (Details)                                
56: R38         Acquisitions (Results Of Operations If Acquisition  HTML     30K 
                Was Consummated) (Details)                                       
57: R39         Discontinued Operations (Narrative) (Details)       HTML     28K 
58: R40         Discontinued Operations (Components Of Income       HTML     51K 
                Related To Discontinued Operations) (Details)                    
59: R41         Goodwill (Rollforward Of Goodwill) (Details)        HTML     33K 
60: R42         Goodwill (Goodwill By Segment) (Details)            HTML     35K 
61: R43         Fair Value Measurements (Financial Assets And       HTML     38K 
                Liabilities Carried At Fair Value) (Details)                     
62: R44         Fair Value Measurements (Carrying Amounts And Fair  HTML     40K 
                Values Of Financial Instruments) (Details)                       
63: R45         Financing (Narrative) (Details)                     HTML    114K 
64: R46         Financing (Components Of Debt) (Details)            HTML    118K 
65: R47         Defined Benefit Plans (Narrative) (Details)         HTML     29K 
66: R48         Defined Benefit Plans (Components Of Net Periodic   HTML     47K 
                Benefit Cost Of Defined Benefit Pension Pans)                    
                (Details)                                                        
67: R49         Defined Benefit Plans (Components Of Net Periodic   HTML     37K 
                Benefit Cost Of Other PostRetirement Benefit                     
                Pension Pans) (Details)                                          
68: R50         Income Taxes (Narrative) (Details)                  HTML     46K 
69: R51         Stock Transactions And Stock-Based Compensation     HTML     46K 
                (Narrative) (Details)                                            
70: R52         Stock Transactions And Stock-Based Compensation     HTML     38K 
                (Components Of Stock-Based Compensation Program)                 
                (Details)                                                        
71: R53         Nonoperating Income (Expense) (Narrative)           HTML     33K 
                (Details)                                                        
72: R54         Restructuring (Narrative) (Details)                 HTML     41K 
73: R55         Restructuring (Restructuring Reserve by Type of     HTML     34K 
                Cost) (Details)                                                  
74: R56         Commitments And Contingencies (Narrative)           HTML     24K 
                (Details)                                                        
75: R57         Commitments And Contingencies (Warranty Accrual)    HTML     35K 
                (Details)                                                        
76: R58         Net Earnings Per Share From Continuing Operations   HTML     25K 
                (Narrative) (Details)                                            
77: R59         Net Earnings Per Share From Continuing Operations   HTML     53K 
                (Components Of Basic And Diluted Earnings Per                    
                Share) (Details)                                                 
78: R60         Segment Information (Segment Results) (Details)     HTML     44K 
80: XML         IDEA XML File -- Filing Summary                      XML    135K 
79: EXCEL       IDEA Workbook of Financial Reports                  XLSX     75K 
13: EX-101.INS  XBRL Instance -- dhr-20170331                        XML   2.12M 
15: EX-101.CAL  XBRL Calculations -- dhr-20170331_cal                XML    199K 
16: EX-101.DEF  XBRL Definitions -- dhr-20170331_def                 XML    424K 
17: EX-101.LAB  XBRL Labels -- dhr-20170331_lab                      XML   1.18M 
18: EX-101.PRE  XBRL Presentations -- dhr-20170331_pre               XML    733K 
14: EX-101.SCH  XBRL Schema -- dhr-20170331                          XSD    129K 
81: ZIP         XBRL Zipped Folder -- 0000313616-17-000203-xbrl      Zip    180K 


‘EX-12.1’   —   Ratio of Earnings to Fixed Charges


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 <!   C:   C: 
  Exhibit  


Exhibit 12.1
DANAHER CORPORATION
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
($ in millions, except ratio data)

 
Six-Month Period Ended
 
Year Ended December 31
 
 
2016
 
2015
 
2014
 
2013
 
2012
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Gross interest expense
$
81.0

 
$
204.1

 
$
162.8

 
$
119.1

 
$
141.2

 
$
152.6

Interest element of rental expense
3.8

 
10.0

 
14.0

 
12.9

 
12.7

 
12.3

Interest on unrecognized tax benefits

 

 

 

 

 

Total fixed charges
$
84.8

 
$
214.1

 
$
176.8

 
$
132.0

 
$
153.9

 
$
164.9

 
 
 
 
 
 
 
 
 
 
 
 
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Earnings from continuing operations (excluding earnings from equity investees) before income taxes plus distributed income of equity investees
$
1,230.0

 
$
2,611.3

 
$
2,039.4

 
$
2,086.2

 
$
2,249.4

 
$
1,664.0

Add fixed charges
84.8

 
214.1

 
176.8

 
132.0

 
153.9

 
164.9

Interest on unrecognized tax benefits

 

 

 

 

 

Total earnings available for fixed charges
$
1,314.8

 
$
2,825.4

 
$
2,216.2

 
$
2,218.2

 
$
2,403.3

 
$
1,828.9

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
15.5

 
13.2

 
12.5

 
16.8

 
15.6

 
11.1

 
 
 
 
 
 
 
 
 
 
 
 
NOTE:  These ratios include Danaher Corporation and its consolidated subsidiaries. The ratio of earnings to fixed charges was computed by dividing earnings by fixed charges for the periods indicated, where “earnings” consist of (1) earnings from continuing operations (excluding earnings from equity investees) before income taxes plus distributed income of equity investees; plus (2) fixed charges, and “fixed charges” consist of (A) interest, whether expensed or capitalized, on all indebtedness, (B) amortization of premiums, discounts and capitalized expenses related to indebtedness, and (C) an interest component representing the estimated portion of rental expense that management believes is attributable to interest. Interest on unrecognized tax benefits is included in the tax provision in the Company's Consolidated Statements of Earnings and is excluded from the computation of fixed charges.




Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed as of:7/20/178-K
Filed on:7/19/178-K
For Period end:6/30/1725-NSE,  8-A12B,  8-K
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/25/21  Danaher Corp./DE                  10-K       12/31/20  153:22M
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Filing Submission 0000313616-17-000203   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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