Revenue

9 Months Ended

Sep. 26, 2020

Revenue from Contract with Customer [Abstract]

Revenue from Contract with Customer [Text Block]

Note 3.    Revenues

Disaggregated Revenues

Revenues by type are as follows:

	Three Months Ended				Nine Months Ended
	September 26,		September 28,		September 26,		September 28,
(In millions)	2020		2019		2020		2019
Revenues
Consumables	4,956		3,228		$	12,214	$	9,726
Instruments	1,826		1,570		4,448		4,619
Services	1,739		1,474		5,006		4,368
Consolidated revenues	$	8,521	$	6,272	$	21,668	$	18,713

Revenues by geographic region are as follows:

	Three Months Ended				Nine Months Ended
	September 26,		September 28,		September 26,		September 28,
(In millions)	2020		2019		2020		2019
Revenues (a)
North America	$	4,587	$	3,220	$	11,418	$	9,509
Europe	2,032		1,514		5,464		4,569
Asia-Pacific	1,607		1,349		4,054		4,080
Other regions	295		189		732		555
Consolidated revenues	$	8,521	$	6,272	$	21,668	$	18,713

(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 revenues 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 September 26, 2020 was $11.16 billion. The company will recognize revenues for these performance obligations as they are satisfied, approximately 72% of which is expected to occur within the next twelve months.