10-Q Filing

THERMO FISHER SCIENTIFIC INC. CIK: 97745 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0000097745-22-000027`
Period End Date	20220331
Filing Date	20220506
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	tmo-20220402_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 38 Cash Flow Statement 56 Stockholders Equity 30 Comprehensive Income 26

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable Allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$150.00M	USD	Point-in-time
Accounts Receivable Allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$170.00M	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`	$2.75B	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`	$4.48B	USD	Point-in-time
Accounts receivable, less allowances of $170 and $150	`AccountsReceivableNetCurrent`	$7.89B	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
Accounts receivable, less allowances of $170 and $150	`AccountsReceivableNetCurrent`	$7.98B	USD	Point-in-time
Inventories	`InventoryNet`	$5.48B	USD	Point-in-time
Inventories	`InventoryNet`	$5.05B	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
Contract assets, net	`ContractWithCustomerAssetNetCurrent`	$968.00M	USD	Point-in-time
Common Stock, $1 Par Value - Shares Authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Contract assets, net	`ContractWithCustomerAssetNetCurrent`	$1.06B	USD	Point-in-time
Common Stock, $1 Par Value - Shares Authorized (in shares)	`CommonStockSharesAuthorized`	1.20B	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.59B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.64B	USD	Point-in-time
Common Stock, $1 Par Value - Shares Issued (in shares)	`CommonStockSharesIssued`	439.15M	shares	Point-in-time
Common Stock, $1 Par Value - Shares Issued (in shares)	`CommonStockSharesIssued`	439.53M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$20.11B	USD	Point-in-time
Treasury Stock at Cost (in shares)	`TreasuryStockCommonShares`	44.72M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$18.78B	USD	Point-in-time
Treasury Stock at Cost (in shares)	`TreasuryStockCommonShares`	48.07M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.45B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$8.33B	USD	Point-in-time
Acquisition-related intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$20.11B	USD	Point-in-time
Acquisition-related intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$19.38B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.42B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.64B	USD	Point-in-time
Goodwill	`Goodwill`	$41.92B	USD	Point-in-time
Goodwill	`Goodwill`	$41.72B	USD	Point-in-time
Total assets	`Assets`	$95.12B	USD	Point-in-time
Total assets	`Assets`	$92.75B	USD	Point-in-time
Short-term obligations and current maturities of long-term obligations	`DebtCurrent`	$2.54B	USD	Point-in-time
Short-term obligations and current maturities of long-term obligations	`DebtCurrent`	$1.87B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.67B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.87B	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$2.43B	USD	Point-in-time
Accrued payroll and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.63B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$2.87B	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$2.65B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$3.03B	USD	Point-in-time
Other accrued expenses	`OtherLiabilitiesCurrent`	$2.95B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.44B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.07B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$3.49B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$3.84B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$4.54B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$4.66B	USD	Point-in-time
Long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$31.39B	USD	Point-in-time
Long-term obligations	`LongTermDebtAndCapitalLeaseObligations`	$32.33B	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$113.00M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$122.00M	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; 439,530,820 and 439,154,741 shares issued	`CommonStockValue`	$440.00M	USD	Point-in-time
Common stock, $1 par value, 1,200,000,000 shares authorized; 439,530,820 and 439,154,741 shares issued	`CommonStockValue`	$439.00M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$16.17B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$16.29B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$35.43B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$37.53B	USD	Point-in-time
Treasury stock at cost, 48,068,820 and 44,720,112 shares	`TreasuryStockCommonValue`	$8.92B	USD	Point-in-time
Treasury stock at cost, 48,068,820 and 44,720,112 shares	`TreasuryStockCommonValue`	$10.96B	USD	Point-in-time
Accumulated other comprehensive items	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.33B	USD	Point-in-time
Accumulated other comprehensive items	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.34B	USD	Point-in-time
Total Thermo Fisher Scientific Inc. shareholders equity	`StockholdersEquity`	$40.79B	USD	Point-in-time
Total Thermo Fisher Scientific Inc. shareholders equity	`StockholdersEquity`	$40.96B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$62.00M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$62.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$34.52B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$40.85B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.02B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$35.07B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$92.75B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$95.12B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$11.82B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$9.91B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.83B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.28B	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$364.00M	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`	$2.00M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$6.86B	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$9.00B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.82B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.05B	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$12.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$18.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$136.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$125.00M	USD	1 Quarter
Other income/(expense)	`OtherNonoperatingIncomeExpense`	$-183.00M	USD	1 Quarter
Other income/(expense)	`OtherNonoperatingIncomeExpense`	$-163.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.54B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.75B	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$301.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$416.00M	USD	1 Quarter
Equity in earnings/(losses) of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	$-19.00M	USD	1 Quarter
Equity in earnings/(losses) of unconsolidated entities	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Net income	`ProfitLoss`	$2.34B	USD	1 Quarter
Net income	`ProfitLoss`	$2.22B	USD	1 Quarter
Less: net income attributable to noncontrolling interests and redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Less: net income attributable to noncontrolling interests and redeemable noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.21B	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.34B	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.93	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.66	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.88	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.61	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	394.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	392.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	397.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	395.00M	shares	1 Quarter

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$2.34B	USD	1 Quarter
Net income	`ProfitLoss`	$2.22B	USD	1 Quarter
Depreciation of property, plant and equipment	`Depreciation`	$198.00M	USD	1 Quarter
Depreciation of property, plant and equipment	`Depreciation`	$250.00M	USD	1 Quarter
Amortization of acquisition-related intangible assets	`AmortizationOfIntangibleAssets`	$423.00M	USD	1 Quarter
Amortization of acquisition-related intangible assets	`AmortizationOfIntangibleAssets`	$609.00M	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$339.00M	USD	1 Quarter
Change in deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-24.00M	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-197.00M	USD	1 Quarter
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-26.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$51.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$78.00M	USD	1 Quarter
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-233.00M	USD	1 Quarter
Other non-cash expenses, net	`OtherNoncashIncomeExpense`	$-69.00M	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`	$875.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.20B	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.98B	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$40.00M	USD	1 Quarter
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.34B	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$640.00M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$628.00M	USD	1 Quarter
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.00M	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`	$-8.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.00B	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-670.00M	USD	1 Quarter
Repayment of debt	`RepaymentsOfLongTermDebt`	$2.80B	USD	1 Quarter
Repayment of debt	`RepaymentsOfLongTermDebt`	$375.00M	USD	1 Quarter
Proceeds from issuance of commercial paper	`ProceedsFromIssuanceOfCommercialPaper`	$626.00M	USD	1 Quarter
Proceeds from issuance of commercial paper	`ProceedsFromIssuanceOfCommercialPaper`	-	USD	1 Quarter
Repayments of commercial paper	`RepaymentsOfCommercialPaper`	$1.26B	USD	1 Quarter
Repayments of commercial paper	`RepaymentsOfCommercialPaper`	-	USD	1 Quarter
Purchases of company common stock	`PaymentsForRepurchaseOfCommonStock`	$2.00B	USD	1 Quarter
Purchases of company common stock	`PaymentsForRepurchaseOfCommonStock`	$2.00B	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$103.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$87.00M	USD	1 Quarter
Net proceeds from issuance of company common stock under employee stock plans	`ProceedsFromStockOptionsExercised`	$2.00M	USD	1 Quarter
Net proceeds from issuance of company common stock under employee stock plans	`ProceedsFromStockOptionsExercised`	$20.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-36.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$20.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.15B	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.85B	USD	1 Quarter
Exchange rate effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-99.00M	USD	1 Quarter
Exchange rate effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$137.00M	USD	1 Quarter
Decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.73B	USD	1 Quarter
Decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.71B	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.78B	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.49B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.78B	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
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.49B	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Redeemable Noncontrolling Interest, Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$113.00M	USD	Point-in-time
Redeemable Noncontrolling Interest, Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$122.00M	USD	Point-in-time
Net income (loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$5.00M	USD	1 Quarter
Other comprehensive items attributable to redeemable noncontrolling interest	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$-11.00M	USD	1 Quarter
Cash Dividends Declared per Common Share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.26	USD	1 Quarter
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.00M	USD	1 Quarter
Cash Dividends Declared per Common Share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.30	USD	1 Quarter
Redeemable Noncontrolling Interest, Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$113.00M	USD	Point-in-time
Redeemable Noncontrolling Interest, Balance	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$122.00M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$34.52B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$40.85B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.02B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$35.07B	USD	Point-in-time
Issuance of shares under employees' and directors' stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.00M	USD	1 Quarter
Issuance of shares under employees' and directors' stock plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$21.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$78.00M	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`	$2.00B	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$103.00M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$118.00M	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$2.21B	USD	1 Quarter
Net income	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$2.34B	USD	1 Quarter
Other comprehensive items	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	1 Quarter
Other comprehensive items	`OtherComprehensiveIncomeLossNetOfTax`	$245.00M	USD	1 Quarter
Contribution from (distributions to) noncontrolling interests	`NoncontrollingInterestContributionFromDistributionsToNoncontrollingInterests`	$-1.00M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$34.52B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$40.85B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$41.02B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$35.07B	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`	$89.00M	USD	1 Quarter
Tax benefit on reclassification adjustment for losses on hedging instruments recognized in net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-4.00M	USD	1 Quarter
Net income	`ProfitLoss`	$2.34B	USD	1 Quarter
Tax benefit on reclassification adjustment for losses on hedging instruments recognized in net income	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	1 Quarter
Net income	`ProfitLoss`	$2.22B	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 (provision) on pension and other postretirement benefit liability adjustments arising during the period	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-1.00M	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
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 (benefit) of $89 and $118)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$224.00M	USD	1 Quarter
Currency translation adjustment (net of tax provision (benefit) of $89 and $118)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-23.00M	USD	1 Quarter
Reclassification adjustment for losses included in net income (net of tax benefit of $0 and $4)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-1.00M	USD	1 Quarter
Reclassification adjustment for losses included in net income (net of tax benefit of $0 and $4)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-13.00M	USD	1 Quarter
Pension and other postretirement benefit liability adjustments arising during the period (net of tax (provision) benefit of $(1) and $(2))	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$-3.00M	USD	1 Quarter
Pension and other postretirement benefit liability adjustments arising during the period (net of tax (provision) benefit of $(1) and $(2))	`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`	$2.00M	USD	1 Quarter
Total other comprehensive items	`OtherComprehensiveIncomeLossNetofTaxIncludingRedeemableandNonRedeemableNCI`	$-17.00M	USD	1 Quarter
Total other comprehensive items	`OtherComprehensiveIncomeLossNetofTaxIncludingRedeemableandNonRedeemableNCI`	$245.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.20B	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.58B	USD	1 Quarter
Less: comprehensive income/(loss) attributable to noncontrolling interests and redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: comprehensive income/(loss) attributable to noncontrolling interests and redeemable noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Comprehensive income attributable to Thermo Fisher Scientific Inc.	`ComprehensiveIncomeNetOfTax`	$2.58B	USD	1 Quarter
Comprehensive income attributable to Thermo Fisher Scientific Inc.	`ComprehensiveIncomeNetOfTax`	$2.20B	USD	1 Quarter

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