Danaher Reports Q1 2024 Results, Details Senior Notes
Ticker: DHR · Form: 10-Q · Filed: 2024-04-23T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, debt, financials
TL;DR
DHR Q1 2024 10-Q filed. Lots of senior notes outstanding across multiple years. Check debt levels.
AI Summary
Danaher Corporation (DHR) filed its 10-Q for the period ending March 29, 2024. The filing details financial performance and operational updates for the first quarter of 2024. Key financial instruments mentioned include various senior notes due in different years, such as 2026, 2027, 2028, 2030, 2031, 2039, and 2049, indicating significant debt obligations.
Why It Matters
This filing provides insight into Danaher's financial health and debt structure as of Q1 2024, which is crucial for investors assessing the company's stability and future borrowing capacity.
Risk Assessment
Risk Level: medium — The extensive list of senior notes with varying maturity dates suggests a significant debt burden, which could pose financial risks if not managed effectively.
Key Numbers
- 20240329 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial data is reported.)
- 20240101 — Reporting Period Start Date (Marks the beginning of the fiscal quarter for which financial data is reported.)
Key Players & Entities
- Danaher Corporation (company) — Filer of the 10-Q
- 2026 (dollar_amount) — Maturity year for senior notes
- 2027 (dollar_amount) — Maturity year for senior notes
- 2028 (dollar_amount) — Maturity year for senior notes
- 2030 (dollar_amount) — Maturity year for senior notes
- 2031 (dollar_amount) — Maturity year for senior notes
- 2039 (dollar_amount) — Maturity year for senior notes
- 2049 (dollar_amount) — Maturity year for senior notes
FAQ
What is the total principal amount of Danaher's senior notes outstanding as of March 29, 2024?
The filing lists various senior notes with different maturity dates (e.g., 2026, 2027, 2028, 2030, 2031, 2039, 2049) but does not provide a consolidated total principal amount in the provided snippet.
What are the interest rates for the senior notes due in 2026?
The filing mentions 'A0.2SeniorNotesDue2026Member' and 'A2.1SeniorNotesDue2026Member' but does not specify the interest rates in the provided text.
Has Danaher issued any new debt during the first quarter of 2024?
The filing covers the period from January 1, 2024, to March 29, 2024, and lists existing senior notes, but the provided snippet does not explicitly state whether new debt was issued during this period.
What is the company's fiscal year end?
Danaher Corporation's fiscal year ends on December 31.
What industry is Danaher Corporation classified under?
Danaher Corporation is classified under 'INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL' with SIC code 3823.
From the Filing
0000313616-24-000102.txt : 20240423 0000313616-24-000102.hdr.sgml : 20240423 20240422175308 ACCESSION NUMBER: 0000313616-24-000102 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 81 CONFORMED PERIOD OF REPORT: 20240329 FILED AS OF DATE: 20240423 DATE AS OF CHANGE: 20240422 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DANAHER CORP /DE/ CENTRAL INDEX KEY: 0000313616 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 591995548 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-08089 FILM NUMBER: 24862251 BUSINESS ADDRESS: STREET 1: 2200 PENNSYLVANIA AVE. N.W. STREET 2: SUITE 800W CITY: WASHINGTON STATE: DC ZIP: 20037-1701 BUSINESS PHONE: 2028280850 MAIL ADDRESS: STREET 1: 2200 PENNSYLVANIA AVE. N.W. STREET 2: SUITE 800W CITY: WASHINGTON STATE: DC ZIP: 20037-1701 FORMER COMPANY: FORMER CONFORMED NAME: DMG INC DATE OF NAME CHANGE: 19850221 10-Q 1 dhr-20240329.htm 10-Q dhr-20240329 FALSE 2024 Q1 December 31 0000313616 12 12 http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent 0000313616 2024-01-01 2024-03-29 0000313616 us-gaap:CommonStockMember 2024-01-01 2024-03-29 0000313616 dhr:A0.2SeniorNotesDue2026Member 2024-01-01 2024-03-29 0000313616 dhr:A2.1SeniorNotesDue2026Member 2024-01-01 2024-03-29 0000313616 dhr:A1.2SeniorNotesDue2027Member 2024-01-01 2024-03-29 0000313616 dhr:A0.45SeniorNotesDue2028Member 2024-01-01 2024-03-29 0000313616 dhr:A2.5SeniorNotesDue2030Member 2024-01-01 2024-03-29 0000313616 dhr:A0.75SeniorNotesDue2031Member 2024-01-01 2024-03-29 0000313616 dhr:A1.35SeniorNotesDue2039Member 2024-01-01 2024-03-29 0000313616 dhr:A1.8SeniorNotesDue2049Member 2024-01-01 2024-03-29 0000313616 2024-04-18 xbrli:shares 0000313616 2024-03-29 iso4217:USD 0000313616 2023-12-31 iso4217:USD xbrli:shares 0000313616 2023-01-01 2023-03-31 0000313616 us-gaap:PreferredStockMember 2023-12-31 0000313616 us-gaap:PreferredStockMember 2024-03-29 0000313616 us-gaap:PreferredStockMember 2023-03-31 0000313616 us-gaap:PreferredStockMember 2022-12-31 0000313616 us-gaap:CommonStockMember 2023-12-31 0000313616 us-gaap:CommonStockMember 2024-03-29 0000313616 us-gaap:CommonStockMember 2023-03-31 0000313616 us-gaap:CommonStockMember 2022-12-31 0000313616 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000313616 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000313616 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-29 0000313616 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0000313616 us-gaap:AdditionalPaidInCapitalMember 2024-03-29 0000313616 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0000313616 us-gaap:RetainedEarningsMember 2023-12-31 0000313616 us-gaap:RetainedEarningsMember 2022-12-31 0000313616 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-29 0000313616 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0000313616 us-gaap:RetainedEarningsMember 2024-03-29 0000313616 us-gaap:RetainedEarningsMember 2023-03-31 0000313616 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000313616 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000313616 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-29 0000313616 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0000313616 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-29 0000313616 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0000313616 us-gaap:NoncontrollingInterestMember 2023-12-31 0000313616 us-gaap:NoncontrollingInterestMember 2022-12-31 0000313616 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-29 0000313616 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-03-31 0000313616 us-gaap:NoncontrollingInterestMember 2024-03-29 0000313616 us-gaap:NoncontrollingInterestMember 2023-03-31 0000313616 2023-03-31 0000313616 2022-12-31 000