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CONDENSED CONSOLIDATED STATEMENTS OF REDEEMABLE NONCONTROLLING INTEREST AND EQUITY (Unaudited) - 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 Income/(Loss)
Noncontrolling Interests
Beginning Balance at Dec. 31, 2023 $ 118              
Redeemable Noncontrolling Interest [Roll Forward]                
Net income/(loss) 10              
Other comprehensive income/(loss) (6)              
Contributions from (distributions to) noncontrolling interests (7)              
Ending Balance at Jun. 29, 2024 115              
Balance (in shares) at Dec. 31, 2023     442,000,000          
Beginning Balance at Dec. 31, 2023 46,724 $ 46,735 $ 442 $ 17,286 $ 47,364 $ (15,133) $ (3,224) $ (11)
Treasury stock beginning balance (in shares) at Dec. 31, 2023           56,000,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under stock plans (in shares)     1,000,000          
Issuance of shares under stock plans 184 184 $ 1 209   $ (26)    
Stock-based compensation 154 154   154        
Purchases of company common stock (in shares)           6,000,000    
Purchases of company common stock (3,000) (3,000)       $ (3,000)    
Dividends declared (298) (298)     (298)      
Net income/(loss) 2,874 2,875     2,875     (1)
Other comprehensive income/(loss) 811 811         811  
Contributions from (distributions to) noncontrolling interests (1)             (1)
Excise tax from stock repurchases (28) (28)       $ (28)    
Balance (in shares) at Jun. 29, 2024     443,000,000          
Treasury stock ending balance (in shares) at Jun. 29, 2024           61,000,000    
Ending Balance at Jun. 29, 2024 47,419 47,432 $ 443 17,649 49,940 $ (18,187) (2,413) (12)
Beginning Balance at Mar. 30, 2024 119              
Redeemable Noncontrolling Interest [Roll Forward]                
Net income/(loss) 6              
Other comprehensive income/(loss) (3)              
Contributions from (distributions to) noncontrolling interests               (7)
Ending Balance at Jun. 29, 2024 115              
Balance (in shares) at Mar. 30, 2024     443,000,000          
Beginning Balance at Mar. 30, 2024 45,504 45,516 $ 443 17,482 48,542 $ (18,186) (2,764) (12)
Treasury stock beginning balance (in shares) at Mar. 30, 2024           61,000,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under stock plans (in shares)     0          
Issuance of shares under stock plans 81 81   83   $ (2)    
Stock-based compensation 84 84   84        
Dividends declared (149) (149)     (149)      
Net income/(loss) 1,548 1,548     1,548      
Other comprehensive income/(loss) 351 351         351  
Excise tax from stock repurchases 1 1       $ 1    
Balance (in shares) at Jun. 29, 2024     443,000,000          
Treasury stock ending balance (in shares) at Jun. 29, 2024           61,000,000    
Ending Balance at Jun. 29, 2024 47,419 47,432 $ 443 17,649 49,940 $ (18,187) (2,413) (12)
Beginning Balance at Dec. 31, 2024 120              
Redeemable Noncontrolling Interest [Roll Forward]                
Net income/(loss) 8              
Other comprehensive income/(loss) 6              
Contributions from (distributions to) noncontrolling interests (8)              
Ending Balance at Jun. 28, 2025 126              
Balance (in shares) at Dec. 31, 2024     444,000,000          
Beginning Balance at Dec. 31, 2024 $ 49,551 49,584 $ 444 17,962 53,102 $ (19,226) (2,697) (33)
Treasury stock beginning balance (in shares) at Dec. 31, 2024 63,066,906         63,000,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under stock plans (in shares)     1,000,000     0    
Issuance of shares under stock plans $ 90 90 $ 1 115   $ (26)    
Stock-based compensation 156 156   156        
Purchases of company common stock (in shares)           4,000,000    
Purchases of company common stock (2,000) (2,000)       $ (2,000)    
Dividends declared (325) (325)     (325)      
Net income/(loss) 3,122 3,124     3,124     (2)
Other comprehensive income/(loss) (99) (99)         (99)  
Contributions from (distributions to) noncontrolling interests (1)             (1)
Excise tax from stock repurchases $ (17) (17)       $ (17)    
Balance (in shares) at Jun. 28, 2025     444,000,000          
Treasury stock ending balance (in shares) at Jun. 28, 2025 66,754,531         67,000,000    
Ending Balance at Jun. 28, 2025 $ 50,476 50,512 $ 444 18,232 55,901 $ (21,269) (2,797) (35)
Beginning Balance at Mar. 29, 2025 128              
Redeemable Noncontrolling Interest [Roll Forward]                
Net income/(loss) 3              
Other comprehensive income/(loss) 3              
Contributions from (distributions to) noncontrolling interests (8)              
Ending Balance at Jun. 28, 2025 126              
Balance (in shares) at Mar. 29, 2025     444,000,000          
Beginning Balance at Mar. 29, 2025 49,357 49,390 $ 444 18,111 54,447 $ (21,269) (2,343) (33)
Treasury stock beginning balance (in shares) at Mar. 29, 2025           67,000,000    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under stock plans (in shares)     0          
Issuance of shares under stock plans 40 40   41   $ (1)    
Stock-based compensation 81 81   81        
Dividends declared (163) (163)     (163)      
Net income/(loss) 1,615 1,617     1,617     (2)
Other comprehensive income/(loss) $ (454) (453)         (453)  
Balance (in shares) at Jun. 28, 2025     444,000,000          
Treasury stock ending balance (in shares) at Jun. 28, 2025 66,754,531         67,000,000    
Ending Balance at Jun. 28, 2025 $ 50,476 $ 50,512 $ 444 $ 18,232 $ 55,901 $ (21,269) $ (2,797) $ (35)