Restructuring and Other Costs (Tables)

6 Months Ended

Jul. 02, 2022

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs [Table Text Block]

Restructuring and other costs by segment are as follows:

	Three months ended		Six months ended
	July 2,		July 2,
(In millions)	2022		2022
Life Sciences Solutions	$	5	$	6
Analytical Instruments	2		4
Specialty Diagnostics	2		3
Laboratory Products and Biopharma Services	15		13
	$	24	$	26

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

The following table summarizes the changes in the company’s accrued restructuring balance. Other amounts reported as restructuring and other costs in the accompanying statement of income have been summarized in the notes to the table. Accrued restructuring costs are included in other accrued expenses in the accompanying balance sheet.

(In millions)	Total (a)
Balance at December 31, 2021	$	17
Net restructuring charges incurred in 2022 (b)	22
Payments	(24)
Balance at July 2, 2022	$	15

(a)The movements in the restructuring liability principally consist of severance and other costs such as relocation and moving expenses associated with facility consolidations, as well as employee retention costs which are accrued ratably over the period through which employees must work to qualify for a payment.

(b)Excludes $4 million of net non-cash charges.