DHR · 10-Q · 2026Q2 · Full report

Outstanding Indebtedness

DANAHER CORP /DE/ · 2026-07-21 · Importance 83 · Surprise 82 · In source text

Financing activities provided approximately $7.3 billion of cash during the first six months of 2026, compared with $1.5 billion of cash used in 2025. Danaher received $3.673 billion from borrowings with maturities of 90 days or less and $6.555 billion from longer-term borrowings, while repaying $1.434 billion of longer-term debt. The higher financing inflow primarily reflected increased borrowing proceeds, partly offset by long-term debt repayments. The company was in compliance with all debt covenants as of June 26, 2026.

Key facts

• The Company financed the Masimo Acquisition using cash on hand and proceeds from the issuance of long-term debt and commercial paper. source
• Net proceeds from (repayments of) borrowings (maturities of 90 days or less) were $3,673 million for the six-month period ended June 26, 2026 and $(1) million for the six-month period ended June 27, 2025. source
• Borrowings (maturities longer than 90 days) were $6,555 million for the six-month period ended June 26, 2026. source
• As of June 26, 2026, the Company was in compliance with all of its debt covenants. source
• Repayments of borrowings (maturities longer than 90 days) were $(1,434) million for the six-month period ended June 26, 2026. source
• The year-over-year increase in cash provided by financing activities was primarily due to higher proceeds from borrowings in 2026 compared to 2025, partially offset by the 2026 repayments of long-term borrowings and lower cash used to repurchase the Company’s common stock in 2026 compared to 2025. source

Impact estimates