8-KOther EventsExhibits & Filings

DANAHER CORP /DE/ 8-K Report, Corporate Update (Dec 13, 2010)

Filed December 13, 2010For Securities:DHR

Summary

Danaher Corporation (DHR) announced a change in its reportable business segments effective with its 2010 Annual Report on Form 10-K. This restructuring reflects the company's growth and the contribution of its Tools and Components business to the Apex Tool Group, LLC joint venture. The new reporting structure will comprise five distinct segments: Test & Measurement, Environmental, Life Sciences & Diagnostics, Dental, and Industrial Technologies. Previously, Danaher reported under four segments: Professional Instrumentation, Medical Technologies, Industrial Technologies, and Tools & Components. The company is providing this Form 8-K to offer a summary of its results under the new reporting structure for the years 2008, 2009, and the first nine months of 2010. This change impacts segment reporting only and does not restate previously filed consolidated financial statements.

Key Highlights

  • 1Danaher Corporation is changing its reportable business segments for financial reporting starting with the 2010 annual report.
  • 2The new structure will consolidate operations into five segments: Test & Measurement, Environmental, Life Sciences & Diagnostics, Dental, and Industrial Technologies.
  • 3This change is driven by internal organizational shifts and the contribution of the Tools and Components business to the Apex Tool Group, LLC joint venture.
  • 4Historical segment data for 2008, 2009, and the first nine months of 2010 under the new structure is being provided.
  • 5The company is providing Exhibit 99.1 which details segment sales and operating profit under the new structure for the specified historical periods.
  • 6This is a change in reporting presentation and does not involve a restatement of previously filed consolidated financial statements.

Frequently Asked Questions

Danaher is changing its reportable business segments to better reflect its internal organization, growth across certain businesses, and the operational impact of its Tools and Components business contributing to the Apex Tool Group, LLC joint venture.

The new business segments are Test & Measurement; Environmental; Life Sciences & Diagnostics; Dental; and Industrial Technologies.

No, this is a change in segment reporting for presentation purposes and does not revise or restate previously filed Consolidated Statements of Earnings, Balance Sheets, or Cash Flows.

Danaher has provided historical segment sales and operating profit data for fiscal years 2008, 2009, and year-to-date 2010 under the new reporting structure in Exhibit 99.1 of this Form 8-K filing.