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Consolidated Statement of Redeemable Noncontrolling Interest and Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock, $1.00 par value
Capital in Excess of Par Value
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Items
Total Thermo Fisher Scientific Inc. Shareholders’ Equity
Noncontrolling Interests
Balance (in shares) at Dec. 31, 2020   437,000,000            
Beginning Balance at Dec. 31, 2020 $ 34,517 $ 437 $ 15,579 $ 28,116 $ (6,818) $ (2,807) $ 34,507 $ 10
Treasury stock beginning balance (in shares) at Dec. 31, 2020         40,000,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under employees' and directors' stock plans (in shares)   2,000,000     1,000,000      
Issuance of shares under employees' and directors' stock plans 137 $ 2 228   $ (93)   137  
Stock-based compensation 153   153       153  
Purchases of company common stock (in shares)         4,000,000      
Purchases of company common stock (2,000)       $ (2,000)   (2,000)  
Dividends declared (307)     (307)     (307)  
Net income 6,069     6,067     6,067 2
Other comprehensive items 153         153 153  
Contributions from (distributions to) noncontrolling interests 35             35
Balance (in shares) at Oct. 02, 2021   439,000,000            
Treasury stock ending balance (in shares) at Oct. 02, 2021         45,000,000      
Ending Balance at Oct. 02, 2021 38,757 $ 439 15,960 33,876 $ (8,911) (2,654) 38,710 47
Balance (in shares) at Jul. 03, 2021   438,000,000            
Beginning Balance at Jul. 03, 2021 36,901 $ 438 15,826 32,076 $ (8,856) (2,630) 36,854 47
Treasury stock beginning balance (in shares) at Jul. 03, 2021         45,000,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under employees' and directors' stock plans (in shares)   1,000,000     0      
Issuance of shares under employees' and directors' stock plans 29 $ 1 83   $ (55)   29  
Stock-based compensation 51   51       51  
Dividends declared (102)     (102)     (102)  
Net income 1,903     1,902     1,902 1
Other comprehensive items (24)         (24) (24)  
Contributions from (distributions to) noncontrolling interests (1)             (1)
Balance (in shares) at Oct. 02, 2021   439,000,000            
Treasury stock ending balance (in shares) at Oct. 02, 2021         45,000,000      
Ending Balance at Oct. 02, 2021 38,757 $ 439 15,960 33,876 $ (8,911) (2,654) 38,710 47
Beginning Balance at Dec. 31, 2021 122              
Redeemable Noncontrolling Interest [Roll Forward]                
Net income 14              
Other comprehensive items (10)              
Contributions from (distributions to) noncontrolling interests (7)              
Ending Balance at Oct. 01, 2022 119              
Balance (in shares) at Dec. 31, 2021   439,000,000            
Beginning Balance at Dec. 31, 2021 $ 40,855 $ 439 16,174 35,431 $ (8,922) (2,329) 40,793 62
Treasury stock beginning balance (in shares) at Dec. 31, 2021 44,720,112       45,000,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under employees' and directors' stock plans (in shares)   1,000,000     0      
Issuance of shares under employees' and directors' stock plans $ 102 $ 1 190   $ (89)   102  
Stock-based compensation 232   232       232  
Purchases of company common stock (in shares)         3,000,000      
Purchases of company common stock (2,000)       $ (2,000)   (2,000)  
Dividends declared (353)     (353)     (353)  
Net income 5,372     5,374     5,374 (2)
Other comprehensive items (599)         (599) (599)  
Contributions from (distributions to) noncontrolling interests $ (1)             (1)
Balance (in shares) at Oct. 01, 2022   440,000,000            
Treasury stock ending balance (in shares) at Oct. 01, 2022 48,157,213       48,000,000      
Ending Balance at Oct. 01, 2022 $ 43,608 $ 440 16,596 40,452 $ (11,011) (2,928) 43,549 59
Beginning Balance at Jul. 02, 2022 117              
Redeemable Noncontrolling Interest [Roll Forward]                
Net income 5              
Other comprehensive items (3)              
Ending Balance at Oct. 01, 2022 119              
Balance (in shares) at Jul. 02, 2022   440,000,000            
Beginning Balance at Jul. 02, 2022 42,354 $ 440 16,467 39,074 $ (10,964) (2,724) 42,293 61
Treasury stock beginning balance (in shares) at Jul. 02, 2022         48,000,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under employees' and directors' stock plans (in shares)         0      
Issuance of shares under employees' and directors' stock plans 5   52   $ (47)   5  
Stock-based compensation 77   77       77  
Dividends declared (117)     (117)     (117)  
Net income 1,493     1,495     1,495 (2)
Other comprehensive items $ (204)         (204) (204)  
Balance (in shares) at Oct. 01, 2022   440,000,000            
Treasury stock ending balance (in shares) at Oct. 01, 2022 48,157,213       48,000,000      
Ending Balance at Oct. 01, 2022 $ 43,608 $ 440 $ 16,596 $ 40,452 $ (11,011) $ (2,928) $ 43,549 $ 59