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Subsequent Event
3 Months Ended
Mar. 30, 2013
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

Note 15.       Subsequent Event

       On April 14, 2013, the company entered into an agreement to acquire Life Technologies Corporation for $76.00 in cash per fully diluted common share, or approximately $13.6 billion, plus the assumption of net debt at close ($2.2 billion as of year-end 2012). The transaction, which is expected to close in early 2014, is subject to a vote by Life Technologies shareholders and satisfaction of certain other customary closing conditions, including the receipt of certain regulatory approvals. The company has obtained committed 364-day unsecured bridge financing totaling $12.5 billion and currently expects to fund the $13.6 billion purchase price with a combination of cash on hand and future long-term debt issuances totaling $9.5 to $10.0 billion and cash from issuance of equity of up to $4.0 billion. Life Technologies provides innovative products and services to customers conducting scientific research and genetic analysis, as well as those in applied markets, such as forensics and food safety testing. Life Technologies' revenues totaled $3.8 billion in 2012.