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Consolidated Statements of Redeemable Noncontrolling Interest and Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock, $1.00 par value
Capital in Excess of Par Value
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Items
Total Thermo Fisher Scientific Inc. Shareholders’ Equity
Noncontrolling Interests
Beginning Balance at Dec. 31, 2021 $ 122              
Redeemable Noncontrolling Interest [Roll Forward]                
Other comprehensive income/(loss) (11)              
Net income 5              
Contributions from (distributions to) noncontrolling interests (3)              
Ending Balance at Apr. 02, 2022 113              
Balance (in shares) at Dec. 31, 2021   439,000,000            
Beginning Balance at Dec. 31, 2021 40,855 $ 439 $ 16,174 $ 35,431 $ (8,922) $ (2,329) $ 40,793 $ 62
Treasury stock beginning balance (in shares) at Dec. 31, 2021         45,000,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under employees' and directors' stock plans (in shares)   1,000,000            
Issuance of shares under employees' and directors' stock plans 2 $ 1 40   $ (39)   2  
Stock-based compensation 78   78       78  
Purchases of company common stock (in shares)         3,000,000      
Purchases of company common stock (2,000)       $ (2,000)   (2,000)  
Dividends declared (118)     (118)     (118)  
Net income 2,215     2,215     2,215  
Other comprehensive items (13)         (14) (14) 1
Excise tax from stock repurchases 0              
Contributions from (distributions to) noncontrolling interests (1)             (1)
Balance (in shares) at Apr. 02, 2022   440,000,000            
Treasury stock ending balance (in shares) at Apr. 02, 2022         48,000,000      
Ending Balance at Apr. 02, 2022 41,018 $ 440 16,292 37,528 $ (10,961) (2,343) 40,956 62
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 5              
Beginning Balance at Dec. 31, 2022 116              
Redeemable Noncontrolling Interest [Roll Forward]                
Other comprehensive income/(loss) 3              
Net income 4              
Ending Balance at Apr. 01, 2023 123              
Balance (in shares) at Dec. 31, 2022   441,000,000            
Beginning Balance at Dec. 31, 2022 $ 44,032 $ 441 16,743 41,910 $ (12,017) (3,099) 43,978 54
Treasury stock beginning balance (in shares) at Dec. 31, 2022 50,157,275       50,000,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of shares under employees' and directors' stock plans $ 34   70   $ (36)   34  
Stock-based compensation 76   76       76  
Purchases of company common stock (in shares)         5,000,000      
Purchases of company common stock (3,000)       $ (3,000)   (3,000)  
Dividends declared (135)     (135)     (135)  
Net income 1,288     1,289     1,289 (1)
Other comprehensive items 45         45 45  
Excise tax from stock repurchases $ 30       $ 30   30  
Balance (in shares) at Apr. 01, 2023   441,000,000            
Treasury stock ending balance (in shares) at Apr. 01, 2023 55,445,006       55,000,000      
Ending Balance at Apr. 01, 2023 $ 42,310 $ 441 $ 16,889 $ 43,064 $ (15,083) $ (3,054) $ 42,257 $ 53
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income $ 4