On Aug. 22, 2003, Standard&Poor's Ratings Services assigned to Danaher Corp. (A+/Stable/--) its preliminary 'A+' senior unsecured and its preliminary 'A' subordinated debt ratings on the company's $1 billion SEC Rule 415 shelf registration (including $517 million carried over from a prior shelf). Standard&Poor's also assigned its 'A+' rating to Danaher's $500 million unsecured revolving credit facility that matures in July 2006. Standard&Poor's affirmed its corporate credit rating on Washington, D.C.-based Danaher, a leading maker of process/environmental controls, and tools and components. About $1.3 billion in debt is outstanding. The outlook is stable. The ratings on Danaher reflect the firm's above-average business profile, together with a sound balance sheet, strong cash flow protection, and
