Nature of Operations and Summary of Significant Accounting Policies (Tables)
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12 Months Ended |
Dec. 31, 2020 |
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
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Allowance for Doubtful Accounts [Table Text Block] |
The changes in the allowance for doubtful accounts are as follows: | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | (In millions) | | 2020 | | 2019 | | 2018 | | | | | | | | Balance at Beginning of Year | | $ | 102 | | | $ | 117 | | | $ | 109 | | Cumulative effect of accounting change | | 1 | | | — | | | — | | Provision charged to expense | | 63 | | | 20 | | | 18 | | | | | | | | | Accounts written off | | (34) | | | (32) | | | (12) | | Acquisitions, currency translation and other | | 3 | | | (3) | | | 2 | | | | | | | | | Balance at End of Year | | $ | 135 | | | $ | 102 | | | $ | 117 | |
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Contract with Customer, Asset and Liability [Table Text Block] |
Contract asset and liability balances are as follows: | | | | | | | | | | | | | | | | | December 31, | | December 31, | (In millions) | | 2020 | | 2019 | | | | | | Current Contract Assets, Net | | $ | 731 | | | $ | 603 | | Noncurrent Contract Assets, Net | | 11 | | | 17 | | Current Contract Liabilities | | 1,271 | | | 916 | | Noncurrent Contract Liabilities | | 763 | | | 594 | |
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Warranty Obligations [Table Text Block] |
The changes in the carrying amount of standard product warranty obligations are as follows: | | | | | | | | | | | | | | | | | Year Ended | | | December 31, | | December 31, | (In millions) | | 2020 | | 2019 | | | | | | Balance at Beginning of Year | | $ | 93 | | | $ | 92 | | Provision charged to expense | | 115 | | | 115 | | Usage | | (108) | | | (112) | | | | | | | Adjustments to previously provided warranties, net | | (3) | | | (2) | | Currency translation | | 3 | | | — | | | | | | | Balance at End of Year | | $ | 100 | | | $ | 93 | |
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Inventories [Table Text Block] |
The components of inventories are as follows: | | | | | | | | | | | | | | | | | December 31, | | December 31, | (In millions) | | 2020 | | 2019 | | | | | | Raw Materials | | $ | 1,305 | | | $ | 971 | | Work in Process | | 540 | | | 517 | | Finished Goods | | 2,184 | | | 1,882 | | | | | | | Inventories | | $ | 4,029 | | | $ | 3,370 | |
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Property, Plant and Equipment [Table Text Block] |
Property, plant and equipment consists of the following: | | | | | | | | | | | | | | | | | December 31, | | December 31, | (In millions) | | 2020 | | 2019 | | | | | | Land | | $ | 410 | | | $ | 396 | | Buildings and Improvements | | 2,192 | | | 1,873 | | Machinery, Equipment and Leasehold Improvements | | 6,975 | | | 5,495 | | | | | | | Property, Plant and Equipment, at Cost | | 9,577 | | | 7,764 | | Less: Accumulated Depreciation and Amortization | | 3,665 | | | 3,015 | | | | | | | Property, Plant and Equipment, Net | | $ | 5,912 | | | $ | 4,749 | |
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Finite-Lived Acquisition-related Intangible Assets [Table Text Block] |
Acquisition-related intangible assets are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance at December 31, 2020 | | Balance at December 31, 2019 | (In millions) | | Gross | | Accumulated Amortization | | Net | | Gross | | Accumulated Amortization | | Net | | | | | | | | | | | | | | Definite Lived: | | | | | | | | | | | | | Customer relationships | | $ | 16,593 | | | $ | (7,450) | | | $ | 9,143 | | | $ | 16,906 | | | $ | (6,997) | | | $ | 9,909 | | Product technology | | 5,523 | | | (3,532) | | | 1,991 | | | 5,544 | | | (3,121) | | | 2,423 | | Tradenames | | 1,213 | | | (897) | | | 316 | | | 1,300 | | | (869) | | | 431 | | Other | | — | | | — | | | — | | | 9 | | | (9) | | | — | | | | | | | | | | | | | | | | | 23,329 | | | (11,879) | | | 11,450 | | | 23,759 | | | (10,996) | | | 12,763 | | Indefinite Lived: | | | | | | | | | | | | | Tradenames | | 1,235 | | | N/A | | 1,235 | | | 1,235 | | | N/A | | 1,235 | | In-process research and development | | — | | | N/A | | — | | | 16 | | | N/A | | 16 | | | | | | | | | | | | | | | | | 1,235 | | | N/A | | 1,235 | | | 1,251 | | | N/A | | 1,251 | | | | | | | | | | | | | | | Acquisition-related Intangible Assets | | $ | 24,564 | | | $ | (11,879) | | | $ | 12,685 | | | $ | 25,010 | | | $ | (10,996) | | | $ | 14,014 | |
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Indefinite-Lived Acquisition-related Intangible Assets [Table Text Block] |
Acquisition-related intangible assets are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance at December 31, 2020 | | Balance at December 31, 2019 | (In millions) | | Gross | | Accumulated Amortization | | Net | | Gross | | Accumulated Amortization | | Net | | | | | | | | | | | | | | Definite Lived: | | | | | | | | | | | | | Customer relationships | | $ | 16,593 | | | $ | (7,450) | | | $ | 9,143 | | | $ | 16,906 | | | $ | (6,997) | | | $ | 9,909 | | Product technology | | 5,523 | | | (3,532) | | | 1,991 | | | 5,544 | | | (3,121) | | | 2,423 | | Tradenames | | 1,213 | | | (897) | | | 316 | | | 1,300 | | | (869) | | | 431 | | Other | | — | | | — | | | — | | | 9 | | | (9) | | | — | | | | | | | | | | | | | | | | | 23,329 | | | (11,879) | | | 11,450 | | | 23,759 | | | (10,996) | | | 12,763 | | Indefinite Lived: | | | | | | | | | | | | | Tradenames | | 1,235 | | | N/A | | 1,235 | | | 1,235 | | | N/A | | 1,235 | | In-process research and development | | — | | | N/A | | — | | | 16 | | | N/A | | 16 | | | | | | | | | | | | | | | | | 1,235 | | | N/A | | 1,235 | | | 1,251 | | | N/A | | 1,251 | | | | | | | | | | | | | | | Acquisition-related Intangible Assets | | $ | 24,564 | | | $ | (11,879) | | | $ | 12,685 | | | $ | 25,010 | | | $ | (10,996) | | | $ | 14,014 | |
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Finite-Lived Acquisition-related Intangible Assets, Future Amortization Expense [Table Text Block] |
The estimated future amortization expense of acquisition-related intangible assets with definite lives is as follows: | | | | | | | | | (In millions) | | | | | | 2021 | | $ | 1,591 | | 2022 | | 1,441 | | 2023 | | 1,365 | | 2024 | | 1,201 | | 2025 | | 1,101 | | 2026 and Thereafter | | 4,751 | | | | | Estimated Future Amortization Expense of Definite-lived Intangible Assets | | $ | 11,450 | |
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Goodwill [Table Text Block] |
The changes in the carrying amount of goodwill by segment are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In millions) | | Life Sciences Solutions | | Analytical Instruments | | Specialty Diagnostics | | Laboratory Products and Services | | Total | | | | | | | | | | | | Balance at December 31, 2018 | | $ | 8,548 | | | $ | 4,950 | | | $ | 3,735 | | | $ | 8,114 | | | $ | 25,347 | | Acquisitions | | — | | | 9 | | | — | | | 938 | | | 947 | | Finalization of purchase price allocations for 2018 acquisitions | | (2) | | | — | | | — | | | — | | | (2) | | Sale of a business | | — | | | — | | | (478) | | | — | | | (478) | | Currency translation | | (3) | | | (38) | | | (72) | | | 11 | | | (102) | | Other | | 1 | | | 7 | | | (1) | | | (5) | | | 2 | | | | | | | | | | | | | Balance at December 31, 2019 | | 8,544 | | | 4,928 | | | 3,184 | | | 9,058 | | | 25,714 | | Acquisition | | 35 | | | — | | | — | | | — | | | 35 | | | | | | | | | | | | | | | | | | | | | | | | Currency translation | | 11 | | | 151 | | | 186 | | | (56) | | | 292 | | | | | | | | | | | | | | | | | | | | | | | | Balance at December 31, 2020 | | $ | 8,590 | | | $ | 5,079 | | | $ | 3,370 | | | $ | 9,002 | | | $ | 26,041 | |
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