10-Q Filing

THERMO FISHER SCIENTIFIC INC. CIK: 97745 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0000097745-20-000018`
Period End Date	20200331
Filing Date	20200501
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	tmo-20200328_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 32 Cash Flow Statement 64 Stockholders Equity 22 Comprehensive Income 26

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable Allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$101.00M	USD	Point-in-time
Accounts Receivable Allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$117.00M	USD	Point-in-time
Accounts Receivable Allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$114.00M	USD	Point-in-time
Accounts Receivable Allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$102.00M	USD	Point-in-time
Preferred Stock, $100 Par Value - Par Value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$100.00	USD	Point-in-time
Preferred Stock, $100 Par Value - Par Value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$100.00	USD	Point-in-time
Preferred Stock, $100 Par Value - Shares Authorized (in shares)	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Preferred Stock, $100 Par Value - Shares Authorized (in shares)	`PreferredStockSharesAuthorized`	50,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.98B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.40B	USD	Point-in-time
Accounts receivable, less allowances of $101 and $102	`AccountsReceivableNetCurrent`	$4.51B	USD	Point-in-time
Accounts receivable, less allowances of $101 and $102	`AccountsReceivableNetCurrent`	$4.35B	USD	Point-in-time
Preferred Stock, $100 Par Value - Shares Issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, $100 Par Value - Shares Issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$3.45B	USD	Point-in-time
Common Stock, $1 Par Value - Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common Stock, $1 Par Value - Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Inventories	`InventoryNet`	$3.37B	USD	Point-in-time
Contract assets, net	`ContractWithCustomerAssetNetCurrent`	$658.00M	USD	Point-in-time
Common Stock, $1 Par Value - Shares Authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Common Stock, $1 Par Value - Shares Authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Contract assets, net	`ContractWithCustomerAssetNetCurrent`	$603.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.14B	USD	Point-in-time
Common Stock, $1 Par Value - Shares Issued (in shares)	`CommonStockSharesIssued`	434.42M	shares	Point-in-time
Common Stock, $1 Par Value - Shares Issued (in shares)	`CommonStockSharesIssued`	435.24M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.17B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.89B	USD	Point-in-time
Treasury Stock at Cost (in shares)	`TreasuryStockCommonShares`	40.29M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$12.74B	USD	Point-in-time
Treasury Stock at Cost (in shares)	`TreasuryStockCommonShares`	35.68M	shares	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$4.75B	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$4.74B	USD	Point-in-time
Acquisition-related Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$14.01B	USD	Point-in-time
Acquisition-related Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$13.54B	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$2.06B	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$2.01B	USD	Point-in-time
Goodwill	`Goodwill`	$25.71B	USD	Point-in-time
Goodwill	`Goodwill`	$25.61B	USD	Point-in-time
Total Assets	`Assets`	$58.69B	USD	Point-in-time
Total Assets	`Assets`	$58.38B	USD	Point-in-time
Short-term obligations and current maturities of long-term obligations	`DebtCurrent`	$738.00M	USD	Point-in-time
Short-term obligations and current maturities of long-term obligations	`DebtCurrent`	$676.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.60B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.92B	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.01B	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$755.00M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$938.00M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$916.00M	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$1.47B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$1.68B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.20B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.50B	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.14B	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.19B	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$3.26B	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$3.24B	USD	Point-in-time
Long-term Obligations	`LongTermDebtNoncurrent`	$17.08B	USD	Point-in-time
Long-term Obligations	`LongTermDebtNoncurrent`	$19.23B	USD	Point-in-time
Preferred stock, $100 par value, 50,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $100 par value, 50,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $1 par value, 1,200,000,000 shares authorized; 435,242,143 and 434,416,804 shares issued	`CommonStockValue`	$435.00M	USD	Point-in-time
Common stock, $1 par value, 1,200,000,000 shares authorized; 435,242,143 and 434,416,804 shares issued	`CommonStockValue`	$434.00M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$15.19B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$15.06B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.79B	USD	Point-in-time
Treasury stock at cost, 40,291,039 and 35,676,421 shares	`TreasuryStockCommonValue`	$5.24B	USD	Point-in-time
Treasury stock at cost, 40,291,039 and 35,676,421 shares	`TreasuryStockCommonValue`	$6.76B	USD	Point-in-time
Accumulated other comprehensive items	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.68B	USD	Point-in-time
Accumulated other comprehensive items	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.09B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$27.59B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$28.56B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$29.68B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$27.69B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$58.38B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$58.69B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.23B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.12B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.55B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.53B	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$245.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$248.00M	USD	1 Quarter
Restructuring and other costs, net	`RestructuringAndOtherCostsIncomeNet`	$38.00M	USD	1 Quarter
Restructuring and other costs, net	`RestructuringAndOtherCostsIncomeNet`	$11.00M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$5.21B	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$5.32B	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$906.00M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$920.00M	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$67.00M	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$36.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$126.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$189.00M	USD	1 Quarter
Other Income, Net	`OtherNonoperatingIncomeExpense`	$12.00M	USD	1 Quarter
Other Income, Net	`OtherNonoperatingIncomeExpense`	$19.00M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$817.00M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$828.00M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$2.00M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$40.00M	USD	1 Quarter
Net Income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$815.00M	USD	1 Quarter
Net Income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$788.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.99	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.97	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	397.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	400.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	403.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	400.00M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$815.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$788.00M	USD	1 Quarter
Depreciation of property, plant and equipment	`Depreciation`	$133.00M	USD	1 Quarter
Depreciation of property, plant and equipment	`Depreciation`	$149.00M	USD	1 Quarter
Amortization of acquisition-related intangible assets	`AmortizationOfIntangibleAssets`	$425.00M	USD	1 Quarter
Amortization of acquisition-related intangible assets	`AmortizationOfIntangibleAssets`	$422.00M	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$106.00M	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$41.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$46.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$44.00M	USD	1 Quarter
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-18.00M	USD	1 Quarter
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-64.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$29.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$218.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$141.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$140.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-241.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-129.00M	USD	1 Quarter
Contributions to retirement plans	`PensionAndOtherPostretirementBenefitContributions`	$32.00M	USD	1 Quarter
Contributions to retirement plans	`PensionAndOtherPostretirementBenefitContributions`	$32.00M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$443.00M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$347.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$649.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$356.00M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.00M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.00M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$253.00M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$201.00M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.00M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-15.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$7.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-260.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-181.00M	USD	1 Quarter
Net proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Net proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$2.19B	USD	1 Quarter
Repayment of debt	`RepaymentsOfLongTermDebt`	$1.00M	USD	1 Quarter
Repayment of debt	`RepaymentsOfLongTermDebt`	$1.00M	USD	1 Quarter
Proceeds from issuance of commercial paper	`ProceedsFromIssuanceOfCommercialPaper`	$382.00M	USD	1 Quarter
Proceeds from issuance of commercial paper	`ProceedsFromIssuanceOfCommercialPaper`	$100.00M	USD	1 Quarter
Repayments of commercial paper	`RepaymentsOfCommercialPaper`	$321.00M	USD	1 Quarter
Repayments of commercial paper	`RepaymentsOfCommercialPaper`	$787.00M	USD	1 Quarter
Purchases of company common stock	`PaymentsForRepurchaseOfCommonStock`	$1.50B	USD	1 Quarter
Purchases of company common stock	`PaymentsForRepurchaseOfCommonStock`	$750.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$68.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$76.00M	USD	1 Quarter
Net proceeds from issuance of company common stock under employee stock plans	`ProceedsFromStockOptionsExercised`	$81.00M	USD	1 Quarter
Net proceeds from issuance of company common stock under employee stock plans	`ProceedsFromStockOptionsExercised`	$48.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-98.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.43B	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$619.00M	USD	1 Quarter
Exchange Rate Effect on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-32.00M	USD	1 Quarter
Exchange Rate Effect on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-127.00M	USD	1 Quarter
Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$588.00M	USD	1 Quarter
Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-989.00M	USD	1 Quarter
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.01B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.12B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.42B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.13B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.01B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.12B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.42B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.13B	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Cash Dividends Declared per Common Share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.19	USD	1 Quarter
Cash Dividends Declared per Common Share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.22	USD	1 Quarter
Balance	`StockholdersEquity`	$27.59B	USD	Point-in-time
Balance	`StockholdersEquity`	$28.56B	USD	Point-in-time
Balance	`StockholdersEquity`	$29.68B	USD	Point-in-time
Balance	`StockholdersEquity`	$27.69B	USD	Point-in-time
Issuance of shares under employees' and directors' stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$81.00M	USD	1 Quarter
Issuance of shares under employees' and directors' stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$48.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$46.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$44.00M	USD	1 Quarter
Purchases of company common stock	`TreasuryStockValueAcquiredCostMethod`	$1.50B	USD	1 Quarter
Purchases of company common stock	`TreasuryStockValueAcquiredCostMethod`	$750.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$76.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$88.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$815.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$788.00M	USD	1 Quarter
Other comprehensive items	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.00M	USD	1 Quarter
Other comprehensive items	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-409.00M	USD	1 Quarter
Balance	`StockholdersEquity`	$27.59B	USD	Point-in-time
Balance	`StockholdersEquity`	$28.56B	USD	Point-in-time
Balance	`StockholdersEquity`	$29.68B	USD	Point-in-time
Balance	`StockholdersEquity`	$27.69B	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Tax provision (benefit) on currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$22.00M	USD	1 Quarter
Tax provision (benefit) on currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$45.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$815.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$788.00M	USD	1 Quarter
Tax benefit on unrealized holding losses on hedging instruments arising during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	1 Quarter
Tax benefit on unrealized holding losses on hedging instruments arising during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$-19.00M	USD	1 Quarter
Tax benefit on reclassification adjustment for losses on hedging instruments recognized in net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-1.00M	USD	1 Quarter
Tax benefit on reclassification adjustment for losses on hedging instruments recognized in net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-1.00M	USD	1 Quarter
Tax provision (benefit) on pension and other postretirement benefit liability adjustments arising during the period	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	-	USD	1 Quarter
Tax provision (benefit) on pension and other postretirement benefit liability adjustments arising during the period	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-5.00M	USD	1 Quarter
Tax benefit on amortization of net loss and prior service benefit included in net periodic pension cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$1.00M	USD	1 Quarter
Currency translation adjustment (net of tax provision of $22 and $45)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-357.00M	USD	1 Quarter
Tax benefit on amortization of net loss and prior service benefit included in net periodic pension cost	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$1.00M	USD	1 Quarter
Currency translation adjustment (net of tax provision of $22 and $45)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-15.00M	USD	1 Quarter
Unrealized losses on hedging instruments (net of tax benefit of $19 and $0)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Unrealized losses on hedging instruments (net of tax benefit of $19 and $0)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-62.00M	USD	1 Quarter
Reclassification adjustment for losses included in net income (net of tax benefit of $1 and $1)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-2.00M	USD	1 Quarter
Reclassification adjustment for losses included in net income (net of tax benefit of $1 and $1)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.00M	USD	1 Quarter
Pension and other postretirement benefit liability adjustments arising during the period (net of tax provision of $5 and $0)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-1.00M	USD	1 Quarter
Pension and other postretirement benefit liability adjustments arising during the period (net of tax provision of $5 and $0)	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-5.00M	USD	1 Quarter
Amortization of net loss included in net periodic pension cost (net of tax benefit of $1 and $1)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$4.00M	USD	1 Quarter
Amortization of net loss included in net periodic pension cost (net of tax benefit of $1 and $1)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$1.00M	USD	1 Quarter
Total other comprehensive items	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.00M	USD	1 Quarter
Total other comprehensive items	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-409.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$804.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$379.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.