Revenue and Contract-related Balances (Tables)

3 Months Ended

Apr. 01, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregated Revenues

Disaggregated Revenues

Revenues by type are as follows:

	Three months ended
(In millions)	April 1, 2023		April 2, 2022
Revenues
Consumables	$	4,506	$	6,110
Instruments	1,898		1,907
Services	4,306		3,801
Consolidated revenues	$	10,710	$	11,818

Revenues by geographic region based on customer location are as follows:

	Three months ended
(In millions)	April 1, 2023		April 2, 2022
Revenues
North America	$	5,778	$	6,323
Europe	2,601		3,050
Asia-Pacific	1,986		2,064
Other regions	345		381
Consolidated revenues	$	10,710	$	11,818

Schedule of Contract Asset and Liability Balances

Noncurrent contract assets and noncurrent contract liabilities are included within other assets and other long-term liabilities in the accompanying balance sheet, respectively. Contract asset and liability balances are as follows:

(In millions)	April 1, 2023		December 31, 2022
Current contract assets, net	$	1,375	$	1,312
Noncurrent contract assets, net	8		7
Current contract liabilities	2,662		2,601
Noncurrent contract liabilities	1,172		1,179