Revenue

6 Months Ended

Jun. 29, 2019

Revenue from Contract with Customer [Abstract]

Revenue from Contract with Customer [Text Block]

Note 3.

Revenue

Disaggregated Revenue

Revenue by type is as follows:

	Three Months Ended				Six Months Ended
	June 29,		June 30,		June 29,		June 30,
(In millions)	2019		2018		2019		2018
Revenues
Consumables	3,268		3,178		$	6,498	6,289
Instruments	1,559		1,530		3,049		2,947
Services	1,489		1,370		2,894		2,695
Consolidated revenues	$	6,316	$	6,078	$	12,441	$	11,931

Revenue by geographic region is as follows:

	Three Months Ended				Six Months Ended
	June 29,		June 30,		June 29,		June 30,
(In millions)	2019		2018		2019		2018
Revenues (a)
North America	$	3,230	$	3,042	$	6,289	$	5,945
Europe	1,536		1,549		3,055		3,067
Asia-Pacific	1,368		1,294		2,731		2,558
Other regions	182		193		366		361
Consolidated revenues	$	6,316	$	6,078	$	12,441	$	11,931

(a) Revenues are attributed to regions based on customer location.

Each reportable segment earns revenues from consumables, instruments and services in North America, Europe, Asia-Pacific and other regions. See Note 4 for revenue by reportable segment and other geographic data.

Remaining Performance Obligations

The aggregate amount of the transaction price allocated to the remaining performance obligations for all open customer contracts as of June 29, 2019 was $7.07 billion. The company will recognize revenue for these performance obligations as they are satisfied, approximately 70% of which is expected to occur within the next twelve months.