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Consolidated Statement of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Revenues $ 39,211 $ 32,218 $ 25,542
Costs and operating expenses:      
Selling, general and administrative expenses 8,007 6,930 6,144
Research and development expenses 1,406 1,181 1,003
Restructuring and other costs (income) 197 99 (413)
Total costs and operating expenses 29,183 24,424 20,948
Operating income 10,028 7,794 4,594
Interest income 43 65 224
Interest expense (536) (553) (676)
Other income/(expense) (694) (76) (70)
Income before income taxes 8,841 7,230 4,072
Provision for income taxes (1,109) (850) (374)
Equity in (losses) earnings of unconsolidated entities (4) (3) 0
Net income 7,728 6,377 3,698
Less: net income attributable to noncontrolling interests and redeemable noncontrolling interest 3 2 2
Net income attributable to Thermo Fisher Scientific Inc. $ 7,725 $ 6,375 $ 3,696
Earnings per share attributable to Thermo Fisher Scientific Inc.      
Basic (in dollars per share) $ 19.62 $ 16.09 $ 9.24
Diluted (in dollars per share) $ 19.46 $ 15.96 $ 9.17
Weighted average shares      
Basic (in shares) 394 396 400
Diluted (in shares) 397 399 403
Product [Member]      
Revenues      
Revenues $ 30,361 $ 25,306 $ 19,496
Costs and operating expenses:      
Cost of revenues 13,594 11,407 10,037
Service [Member]      
Revenues      
Revenues 8,850 6,912 6,046
Costs and operating expenses:      
Cost of revenues $ 5,979 $ 4,807 $ 4,177