XML 38 R25.htm IDEA: XBRL DOCUMENT v3.25.2
Revenue (Tables)
6 Months Ended
Jun. 27, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following tables present the Company’s revenues disaggregated by geographical region and revenue type for the three and six-month periods ended June 27, 2025 and June 28, 2024 ($ in millions). Sales taxes and other usage-based taxes collected from customers are excluded from revenue.
BiotechnologyLife SciencesDiagnosticsTotal
For the Three-Month Period Ended June 27, 2025:
Geographical region:
North America(a)
$612 $762 $1,064 $2,438 
Western Europe708 394 405 1,507 
Other developed markets(b)
82 118 94 294 
High-growth markets(c)
448 503 746 1,697 
Total$1,850 $1,777 $2,309 $5,936 
Revenue type:
Recurring$1,694 $1,214 $2,062 $4,970 
Nonrecurring156 563 247 966 
Total$1,850 $1,777 $2,309 $5,936 
For the Three-Month Period Ended June 28, 2024:
Geographical region:
North America(a)
$607 $785 $1,042 $2,434 
Western Europe567 374 380 1,321 
Other developed markets(b)
81 116 95 292 
High-growth markets(c)
458 495 743 1,696 
Total$1,713 $1,770 $2,260 $5,743 
Revenue type:
Recurring$1,478 $1,208 $2,003 $4,689 
Nonrecurring235 562 257 1,054 
Total$1,713 $1,770 $2,260 $5,743 
BiotechnologyLife SciencesDiagnosticsTotal
For the Six-Month Period Ended June 27, 2025:
Geographical region:
North America(a)
$1,155 $1,483 $2,382 $5,020 
Western Europe1,274 772 805 2,851 
Other developed markets(b)
146 241 185 572 
High-growth markets(c)
887 961 1,386 3,234 
Total$3,462 $3,457 $4,758 $11,677 
Revenue type:
Recurring$3,151 $2,350 $4,285 $9,786 
Nonrecurring311 1,107 473 1,891 
Total$3,462 $3,457 $4,758 $11,677 
For the Six-Month Period Ended June 28, 2024:
Geographical region:
North America(a)
$1,121 $1,566 $2,379 $5,066 
Western Europe1,113 746 786 2,645 
Other developed markets(b)
160 241 194 595 
High-growth markets(c)
843 962 1,428 3,233 
Total$3,237 $3,515 $4,787 $11,539 
Revenue type:
Recurring$2,787 $2,400 $4,297 $9,484 
Nonrecurring450 1,115 490 2,055 
Total$3,237 $3,515 $4,787 $11,539 
(a) The Company defines North America as the United States and Canada.
(b) The Company defines other developed markets as all the markets of the world that are not North America, Western Europe or high-growth markets.
(c) The Company defines high-growth markets as developing markets of the world experiencing accelerated growth, over extended periods, in gross domestic product and infrastructure which include Eastern Europe, the Middle East, Africa, Latin America (including Mexico) and Asia (with the exception of Japan, Australia and New Zealand). The Company defines developed markets as all markets of the world that are not high-growth markets.