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Consolidated Statement of Redeemable Noncontrolling Interest and Equity - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock, $1.00 par value
Capital in Excess of Par Value
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Treasury Stock
Accumulated Other Comprehensive Items
Accumulated Other Comprehensive Items
Cumulative Effect, Period of Adoption, Adjustment
Total Thermo Fisher Scientific Inc. Shareholders’ Equity
Total Thermo Fisher Scientific Inc. Shareholders’ Equity
Cumulative Effect, Period of Adoption, Adjustment
Noncontrolling Interests
Redeemable noncontrolling interest, balance at Dec. 31, 2019 $ 0                      
Redeemable noncontrolling interest, balance at Dec. 31, 2020 0                      
Balance (in shares) at Dec. 31, 2019     434,000,000                  
Balance at Dec. 31, 2019 29,684 $ (1) $ 434 $ 15,064 $ 22,092 $ (1) $ (5,236) $ (2,679) $ 0 $ 29,675 $ (1) $ 9
Balance, treasury stock (in shares) at Dec. 31, 2019             36,000,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of shares under employees' and directors' stock plans (in shares)     3,000,000       0          
Issuance of shares under employees' and directors' stock plans 240   $ 3 319     $ (82)     240    
Stock-based compensation 196     196           196    
Purchases of company common stock (in shares)             4,000,000          
Purchases of company common stock (1,500)           $ (1,500)     (1,500)    
Dividends declared (350)       (350)         (350)    
Net income 6,377       6,375         6,375   2
Total other comprehensive items (128)             (128)   (128)   0
Contributions from (distributions to) noncontrolling interests (1)                     (1)
Balance (in shares) at Dec. 31, 2020     437,000,000                  
Balance at Dec. 31, 2020 34,517   $ 437 15,579 28,116   $ (6,818) (2,807)   34,507   10
Balance, treasury stock (in shares) at Dec. 31, 2020             40,000,000          
Redeemable Noncontrolling Interest [Roll Forward]                        
Recognition upon acquisition 122                      
Net income 1                      
Other comprehensive items (1)                      
Redeemable noncontrolling interest, balance at Dec. 31, 2021 122                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of shares under employees' and directors' stock plans (in shares)     2,000,000       1,000,000          
Issuance of shares under employees' and directors' stock plans 222   $ 2 324     $ (104)     222    
Stock-based compensation 230     230           230    
Purchases of company common stock (in shares)             4,000,000          
Purchases of company common stock (2,000)           $ (2,000)     (2,000)    
Dividends declared (410)       (410)         (410)    
Net income 7,727       7,725         7,725   2
Total other comprehensive items 478             478   478   0
Contributions from (distributions to) noncontrolling interests 50                     50
Other 41     41                
Balance (in shares) at Dec. 31, 2021     439,000,000                  
Balance at Dec. 31, 2021 $ 40,855   $ 439 16,174 35,431   $ (8,922) (2,329)   40,793   62
Balance, treasury stock (in shares) at Dec. 31, 2021 44,720,112           45,000,000          
Redeemable Noncontrolling Interest [Roll Forward]                        
Net income $ 15                      
Other comprehensive items (6)                      
Contributions from (distributions to) noncontrolling interests (15)                      
Redeemable noncontrolling interest, balance at Dec. 31, 2022 116                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of shares under employees' and directors' stock plans (in shares)     2,000,000                  
Issuance of shares under employees' and directors' stock plans 169   $ 2 262     $ (95)     169    
Stock-based compensation 307     307           307    
Purchases of company common stock (in shares)             5,000,000          
Purchases of company common stock (3,000)           $ (3,000)     (3,000)    
Dividends declared (471)       (471)         (471)    
Net income 6,945       6,950         6,950   (5)
Total other comprehensive items (771)             (770)   (770)   (1)
Contributions from (distributions to) noncontrolling interests (2)                     (2)
Balance (in shares) at Dec. 31, 2022     441,000,000                  
Balance at Dec. 31, 2022 $ 44,032   $ 441 $ 16,743 $ 41,910   $ (12,017) $ (3,099)   $ 43,978   $ 54
Balance, treasury stock (in shares) at Dec. 31, 2022 50,157,275           50,000,000