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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Comprehensive income        
Net income $ 1,362 $ 1,668 $ 2,654 $ 3,888
Currency translation adjustment:        
Currency translation adjustment (net of tax provision (benefit) of $0, $173, $(36) and $262) 125 (386) 169 (416)
Unrealized gains and losses on hedging instruments:        
Reclassification adjustment for losses included in net income (net of tax benefit of $0, $1, $1 and $1) 1 0 4 1
Pension and other postretirement benefit liability adjustments:        
Pension and other postretirement benefit liability adjustments arising during the period (net of tax (provision) benefit of $1, $(2), $0 and $(3)) (1) 6 0 9
Amortization of net loss included in net periodic pension cost (net of tax benefit of $0, $1, $0 and $2) (2) 2 (2) 4
Total other comprehensive income/(loss) 123 (378) 171 (402)
Comprehensive income 1,485 1,290 2,825 3,486
Less: comprehensive income/(loss) attributable to noncontrolling interests and redeemable noncontrolling interest (6) 7 0 2
Comprehensive income attributable to Thermo Fisher Scientific Inc. $ 1,491 $ 1,283 $ 2,825 $ 3,484