Washington, D.C.-based diversified industrial company Danaher Corp. has entered into a new $7 billion 364-day revolving credit facility and replaced its existing revolving credit facility with an amended and restated $4 billion five-year revolving credit facility. These facilities will provide liquidity support for the company's expanded U.S. dollar and euro-denominated commercial paper programs. We are affirming our 'A-1' short-term ratings on Danaher Corp. and its subsidiaries and removing our 'A-1' short-term ratings from CreditWatch negative. On July 14, 2015, Standard&Poor's Ratings Services affirmed its 'A-1' short-term corporate credit rating on Danaher Corp. and the short-term ratings on Danaher's and its subsidiaries' commercial paper programs. At the same time, we removed the short-term ratings from CreditWatch, where we placed