10-Q Filing

THERMO FISHER SCIENTIFIC INC. CIK: 97745 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0000097745-21-000026`
Period End Date	20210331
Filing Date	20210507
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	tmo-20210403_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 32 Cash Flow Statement 58 Stockholders Equity 22 Comprehensive Income 26

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable Allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$135.00M	USD	Point-in-time
Accounts Receivable Allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$143.00M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.32B	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`	$5.58B	USD	Point-in-time
Accounts receivable, less allowances of $143 and $135	`AccountsReceivableNetCurrent`	$5.74B	USD	Point-in-time
Accounts receivable, less allowances of $143 and $135	`AccountsReceivableNetCurrent`	$5.55B	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`	$4.03B	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`	$4.34B	USD	Point-in-time
Common Stock, $1 Par Value - Shares Authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Contract assets, net	`ContractWithCustomerAssetNetCurrent`	$731.00M	USD	Point-in-time
Common Stock, $1 Par Value - Shares Authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Contract assets, net	`ContractWithCustomerAssetNetCurrent`	$783.00M	USD	Point-in-time
Common Stock, $1 Par Value - Shares Issued (in shares)	`CommonStockSharesIssued`	437.62M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.42B	USD	Point-in-time
Common Stock, $1 Par Value - Shares Issued (in shares)	`CommonStockSharesIssued`	437.09M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.13B	USD	Point-in-time
Treasury Stock at Cost (in shares)	`TreasuryStockCommonShares`	44.59M	shares	Point-in-time
Treasury Stock at Cost (in shares)	`TreasuryStockCommonShares`	40.42M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$21.96B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.68B	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$5.91B	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$6.13B	USD	Point-in-time
Acquisition-related Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$12.69B	USD	Point-in-time
Acquisition-related Intangible Assets, Net	`IntangibleAssetsNetExcludingGoodwill`	$12.83B	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$2.46B	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$2.46B	USD	Point-in-time
Goodwill	`Goodwill`	$26.04B	USD	Point-in-time
Goodwill	`Goodwill`	$26.82B	USD	Point-in-time
Total Assets	`Assets`	$65.93B	USD	Point-in-time
Total Assets	`Assets`	$69.05B	USD	Point-in-time
Short-term obligations and current maturities of long-term obligations	`DebtCurrent`	$4.00M	USD	Point-in-time
Short-term obligations and current maturities of long-term obligations	`DebtCurrent`	$2.63B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.15B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.17B	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.92B	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.31B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.27B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.40B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$2.13B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$2.31B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.30B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.00B	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.79B	USD	Point-in-time
Deferred Income Taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.89B	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$3.35B	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$3.34B	USD	Point-in-time
Long-term Obligations	`LongTermDebtNoncurrent`	$19.11B	USD	Point-in-time
Long-term Obligations	`LongTermDebtNoncurrent`	$18.64B	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; 437,622,084 and 437,088,297 shares issued	`CommonStockValue`	$437.00M	USD	Point-in-time
Common stock, $1 par value, 1,200,000,000 shares authorized; 437,622,084 and 437,088,297 shares issued	`CommonStockValue`	$438.00M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$15.58B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$15.68B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$30.35B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$28.12B	USD	Point-in-time
Treasury stock at cost, 44,594,198 and 40,417,789 shares	`TreasuryStockCommonValue`	$6.82B	USD	Point-in-time
Treasury stock at cost, 44,594,198 and 40,417,789 shares	`TreasuryStockCommonValue`	$8.85B	USD	Point-in-time
Accumulated other comprehensive items	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.56B	USD	Point-in-time
Accumulated other comprehensive items	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.81B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$35.06B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$29.68B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$28.56B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$34.51B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$69.05B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$65.93B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.23B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.91B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.55B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.83B	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$245.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$320.00M	USD	1 Quarter
Restructuring and other costs	`RestructuringAndOtherCostsIncomeNet`	$14.00M	USD	1 Quarter
Restructuring and other costs	`RestructuringAndOtherCostsIncomeNet`	$38.00M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$6.86B	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$5.32B	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$3.05B	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$906.00M	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$36.00M	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$12.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$126.00M	USD	1 Quarter
Interest Expense	`InterestExpense`	$125.00M	USD	1 Quarter
Other (Expense) Income	`OtherNonoperatingIncomeExpense`	$-183.00M	USD	1 Quarter
Other (Expense) Income	`OtherNonoperatingIncomeExpense`	$12.00M	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.75B	USD	1 Quarter
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$828.00M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$416.00M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$40.00M	USD	1 Quarter
Net Income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$788.00M	USD	1 Quarter
Net Income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.34B	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.99	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.93	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.97	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.88	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	394.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	397.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	397.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	400.00M	shares	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$788.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.34B	USD	1 Quarter
Depreciation of property, plant and equipment	`Depreciation`	$149.00M	USD	1 Quarter
Depreciation of property, plant and equipment	`Depreciation`	$198.00M	USD	1 Quarter
Amortization of acquisition-related intangible assets	`AmortizationOfIntangibleAssets`	$425.00M	USD	1 Quarter
Amortization of acquisition-related intangible assets	`AmortizationOfIntangibleAssets`	$423.00M	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-24.00M	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$41.00M	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-197.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$46.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$51.00M	USD	1 Quarter
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-69.00M	USD	1 Quarter
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-64.00M	USD	1 Quarter
Changes in assets and liabilities, excluding the effects of acquisitions	`IncreaseDecreaseInOperatingCapitalExcludingDeferredTaxes`	$1.32B	USD	1 Quarter
Changes in assets and liabilities, excluding the effects of acquisitions	`IncreaseDecreaseInOperatingCapitalExcludingDeferredTaxes`	$1.07B	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$356.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.98B	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.00M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.34B	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$253.00M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$628.00M	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`	$5.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$32.00M	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`	$-2.00B	USD	1 Quarter
Net proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	$2.19B	USD	1 Quarter
Net proceeds from issuance of debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Repayment of debt	`RepaymentsOfLongTermDebt`	$2.80B	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`	-	USD	1 Quarter
Repayments of commercial paper	`RepaymentsOfCommercialPaper`	-	USD	1 Quarter
Repayments of commercial paper	`RepaymentsOfCommercialPaper`	$321.00M	USD	1 Quarter
Purchases of company common stock	`PaymentsForRepurchaseOfCommonStock`	$2.00B	USD	1 Quarter
Purchases of company common stock	`PaymentsForRepurchaseOfCommonStock`	$1.50B	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$87.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$76.00M	USD	1 Quarter
Net proceeds from issuance of company common stock under employee stock plans	`ProceedsFromStockOptionsExercised`	$20.00M	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`	$21.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-98.00M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.85B	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$619.00M	USD	1 Quarter
Exchange Rate Effect on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-127.00M	USD	1 Quarter
Exchange Rate Effect on Cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$137.00M	USD	1 Quarter
(Decrease) Increase in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.73B	USD	1 Quarter
(Decrease) Increase in Cash, Cash Equivalents and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$588.00M	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`	$2.42B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.34B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.60B	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`	$2.42B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.34B	USD	Point-in-time
Cash, Cash Equivalents and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.60B	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`	$0.26	USD	1 Quarter
Cash Dividends Declared per Common Share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.22	USD	1 Quarter
Balance	`StockholdersEquity`	$35.06B	USD	Point-in-time
Balance	`StockholdersEquity`	$29.68B	USD	Point-in-time
Balance	`StockholdersEquity`	$28.56B	USD	Point-in-time
Balance	`StockholdersEquity`	$34.51B	USD	Point-in-time
Issuance of shares under employees' and directors' stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$48.00M	USD	1 Quarter
Issuance of shares under employees' and directors' stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$21.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$46.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$51.00M	USD	1 Quarter
Purchases of company common stock	`TreasuryStockValueAcquiredCostMethod`	$2.00B	USD	1 Quarter
Purchases of company common stock	`TreasuryStockValueAcquiredCostMethod`	$1.50B	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$103.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$88.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$788.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.34B	USD	1 Quarter
Other comprehensive items	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-409.00M	USD	1 Quarter
Other comprehensive items	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$245.00M	USD	1 Quarter
Balance	`StockholdersEquity`	$35.06B	USD	Point-in-time
Balance	`StockholdersEquity`	$29.68B	USD	Point-in-time
Balance	`StockholdersEquity`	$28.56B	USD	Point-in-time
Balance	`StockholdersEquity`	$34.51B	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Tax provision (benefit) on currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$118.00M	USD	1 Quarter
Tax provision (benefit) on currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$22.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$788.00M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.34B	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 unrealized holding losses on hedging instruments arising during the period	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	1 Quarter
Tax benefit on reclassification adjustment for losses on hedging instruments recognized in net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-4.00M	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 (provision) on pension and other postretirement benefit liability adjustments arising during the period	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-5.00M	USD	1 Quarter
Tax benefit (provision) on pension and other postretirement benefit liability adjustments arising during the period	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-2.00M	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 $118 and $22)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-357.00M	USD	1 Quarter
Currency translation adjustment (net of tax provision of $118 and $22)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$224.00M	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
Unrealized losses on hedging instruments (net of tax benefit of $0 and $19)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-62.00M	USD	1 Quarter
Unrealized losses on hedging instruments (net of tax benefit of $0 and $19)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Reclassification adjustment for losses included in net income (net of tax benefit of $4 and $1)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.00M	USD	1 Quarter
Reclassification adjustment for losses included in net income (net of tax benefit of $4 and $1)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-13.00M	USD	1 Quarter
Pension and other postretirement benefit liability adjustments arising during the period (net of tax benefit (provision) of $(2) and $(5))	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-5.00M	USD	1 Quarter
Pension and other postretirement benefit liability adjustments arising during the period (net of tax benefit (provision) of $(2) and $(5))	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-6.00M	USD	1 Quarter
Amortization of net loss included in net periodic pension cost (net of tax benefit of $1 and $1)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$2.00M	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
Total other comprehensive items	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-409.00M	USD	1 Quarter
Total other comprehensive items	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$245.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$379.00M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$2.58B	USD	1 Quarter

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