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Consolidated Statement of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Comprehensive income        
Net income $ 1,668 $ 1,829 $ 3,888 $ 4,166
Currency translation adjustment:        
Currency translation adjustment (net of tax provision (benefit) of $173, $(23), $262 and $95) (386) (71) (416) 153
Unrealized gains and losses on hedging instruments:        
Reclassification adjustment for losses included in net income (net of tax benefit of $1, $1, $1 and $5) 0 1 1 14
Pension and other postretirement benefit liability adjustments:        
Pension and other postretirement benefit liability adjustments arising during the period (net of tax (provision) benefit of $(2), $0, $(3) and $(2)) 6 (2) 9 4
Amortization of net loss included in net periodic pension cost (net of tax benefit of $1, $1, $2 and $2) 2 4 4 6
Total other comprehensive items (378) (68) (402) 177
Comprehensive income 1,290 1,761 3,486 4,343
Less: comprehensive income/(loss) attributable to noncontrolling interests and redeemable noncontrolling interest 7 1 2 1
Comprehensive income attributable to Thermo Fisher Scientific Inc. $ 1,283 $ 1,760 $ 3,484 $ 4,342