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CONSOLIDATED STATEMENTS OF REDEEMABLE NONCONTROLLING INTEREST AND EQUITY - USD ($)
$ in Millions
Total
Total Thermo Fisher Scientific Inc. Shareholders’ Equity
Common Stock
Capital in Excess of Par Value
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Items
Noncontrolling Interests
Beginning Balance at Dec. 31, 2021 $ 122              
Redeemable Noncontrolling Interest [Roll Forward]                
Net income/(loss) 15              
Other comprehensive income/(loss) (6)              
Contributions from (distributions to) noncontrolling interests (15)              
Ending Balance at Dec. 31, 2022 116              
Balance (in shares) at Dec. 31, 2021     439,000,000          
Beginning Balance at Dec. 31, 2021 40,855 $ 40,793 $ 439 $ 16,174 $ 35,431 $ (8,922) $ (2,329) $ 62
Treasury stock beginning balance (in shares) at Dec. 31, 2021           45,000,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under stock plans (in shares)     2,000,000          
Issuance of shares under stock plans 169 169 $ 2 262   $ (95)    
Stock-based compensation 307 307   307        
Purchases of company common stock (in shares)           5,000,000    
Purchases of company common stock (3,000) (3,000)       $ (3,000)    
Dividends declared (471) (471)     (471)      
Net income/(loss) 6,945 6,950     6,950     (5)
Other comprehensive income/(loss) (771) (770)         (770) (1)
Contributions from (distributions to) noncontrolling interests (2)             (2)
Balance (in shares) at Dec. 31, 2022     441,000,000          
Treasury stock ending balance (in shares) at Dec. 31, 2022           50,000,000    
Ending Balance at Dec. 31, 2022 44,032 43,978 $ 441 16,743 41,910 $ (12,017) (3,099) 54
Redeemable Noncontrolling Interest [Roll Forward]                
Net income/(loss) 19              
Other comprehensive income/(loss) (3)              
Contributions from (distributions to) noncontrolling interests (14)              
Ending Balance at Dec. 31, 2023 118              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under stock plans (in shares)     1,000,000     1,000,000    
Issuance of shares under stock plans 178 178 $ 1 265   $ (88)    
Stock-based compensation 278 278   278        
Purchases of company common stock (in shares)           5,000,000    
Purchases of company common stock (3,000) (3,000)       $ (3,000)    
Dividends declared (541) (541)     (541)      
Net income/(loss) 5,936 5,995     5,995     (59)
Other comprehensive income/(loss) (130) (125)         (125) (5)
Contributions from (distributions to) noncontrolling interests (1)             (1)
Excise tax from stock repurchases $ (28) (28)       $ (28)    
Balance (in shares) at Dec. 31, 2023     442,000,000          
Treasury stock ending balance (in shares) at Dec. 31, 2023 55,541,290         56,000,000    
Ending Balance at Dec. 31, 2023 $ 46,724 46,735 $ 442 17,286 47,364 $ (15,133) (3,224) (11)
Redeemable Noncontrolling Interest [Roll Forward]                
Net income/(loss) 23              
Other comprehensive income/(loss) (6)              
Contributions from (distributions to) noncontrolling interests (14)              
Ending Balance at Dec. 31, 2024 120              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under stock plans (in shares)     2,000,000     0    
Issuance of shares under stock plans 310 310 $ 2 376   $ (67)    
Stock-based compensation 301 301   301        
Purchases of company common stock (in shares)           7,000,000    
Purchases of company common stock (4,000) (4,000)       $ (4,000)    
Dividends declared (596) (596)     (596)      
Net income/(loss) 6,315 6,335     6,335     (20)
Other comprehensive income/(loss) 527 527         527 0
Contributions from (distributions to) noncontrolling interests (1)             (1)
Excise tax from stock repurchases $ (26) (26)       $ (26)    
Balance (in shares) at Dec. 31, 2024     444,000,000          
Treasury stock ending balance (in shares) at Dec. 31, 2024 63,066,906         63,000,000    
Ending Balance at Dec. 31, 2024 $ 49,551 $ 49,584 $ 444 $ 17,962 $ 53,102 $ (19,226) $ (2,697) $ (33)