Acquisitions and Dispositions (Tables)

12 Months Ended

Dec. 31, 2015

Business Combinations [Abstract]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

The components of the purchase price and net assets acquired for 2014 acquisitions are as follows:

(In millions)	Life Technologies			Other			Total
Purchase Price
Cash paid	$	13,487.3		$	47.3		$	13,534.6
Debt assumed	2,279.5			—			2,279.5
Cash acquired	(463.0		)	(11.5		)	(474.5		)
	$	15,303.8		$	35.8		$	15,339.6
Net Assets Acquired
Current assets	$	1,755.5		$	18.5		$	1,774.0
Property, plant and equipment	748.1			1.1			749.2
Definite-lived intangible assets:
Customer relationships	5,883.0			7.0			5,890.0
Product technology	2,626.9			5.5			2,632.4
Tradenames and other	619.1			—			619.1
Indefinite-lived intangible assets:
In-process research and development	58.4			—			58.4
Goodwill	7,167.0			12.5			7,179.5
Other assets	246.7			0.1			246.8
Liabilities assumed	(3,800.9		)	(8.9		)	(3,809.8		)
	$	15,303.8		$	35.8		$	15,339.6

The components of the purchase price and net assets acquired for 2015 acquisitions are as follows:

(In millions)	Alfa Aesar			Advanced Scientifics			Other			Total
Purchase Price
Cash paid	$	392.3		$	289.1		$	18.5		$	699.9
Purchase price payable	0.5			—			1.3			1.8
Cash acquired	(3.7		)	(0.3		)	(1.3		)	(5.3		)
	$	389.1		$	288.8		$	18.5		$	696.4
Net Assets Acquired
Current assets	$	102.3		$	28.0		$	4.6		$	134.9
Property, plant and equipment	39.4			10.6			0.1			50.1
Definite-lived intangible assets:
Customer relationships	137.1			90.0			7.9			235.0
Product technology	—			36.5			—			36.5
Tradenames and other	15.6			2.3			—			17.9
Goodwill	118.3			125.1			8.9			252.3
Other assets	4.3			0.2			—			4.5
Liabilities assumed	(27.9		)	(3.9		)	(3.0		)	(34.8		)
	$	389.1		$	288.8		$	18.5		$	696.4

Business Acquisition, Pro Forma Information [Table Text Block]

Had the acquisition of Life Technologies been completed as of the beginning of 2013, the company’s pro forma results for 2014 and 2013 would have been as follows:

(In millions except per share amounts)	2014		2013
Revenues	$	17,169.2	$	16,831.4
Income from Continuing Operations	$	2,203.2	$	1,008.4
Net Income	$	2,202.1	$	1,002.6
Earnings per Share from Continuing Operations:
Basic	$	5.52	$	2.55
Diluted	$	5.46	$	2.53
Earnings per Share:
Basic	$	5.51	$	2.54
Diluted	$	5.46	$	2.51

Pro forma results include non-recurring pro forma adjustments that were directly attributable to the business combination to reflect amounts as if the acquisition had been completed as of the beginning of 2013, as follows:

• Pre-tax charge to selling, general and administrative expenses of $231 million in 2013, for acquisition-related transaction costs incurred by the company and Life Technologies;

• Pre-tax charge to cost of revenues of $301 million in 2013, for the sale of Life Technologies inventories revalued at the date of acquisition;

• Pre-tax charge of $92 million in 2013, for monetizing equity awards held by Life Technologies’ employees at the date of acquisition;

• Pre-tax charge of $38 million in 2013, to conform the accounting policies of Life Technologies with the company's accounting policies; and

• Pre-tax reduction of revenues of $8 million and $24 million in 2014 and 2013, respectively, for revaluing Life Technologies’ deferred revenue obligations to fair value.

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

The assets and liabilities of the Cole-Parmer business were as follows at June 28, 2014:

	June 28,
(In millions)	2014
Current Assets	$	39.5
Long-term Assets	400.3
Current Liabilities	15.5
Long-term Liabilities	84.1

The assets and liabilities of the businesses sold in March 2014 were as follows at December 31, 2013:

	December 31,
(In millions)	2013
Current Assets	$	74.3
Long-term Assets	229.3
Current Liabilities	6.4
Long-term Liabilities	22.0