2021 Q1 Form 10-K Financial Statement

#000009774521000011 Filed on February 25, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 2019 Q4
Revenue $32.22B $6.829B
YoY Change 26.14% 4.95%
Cost Of Revenue $16.23B $3.794B
YoY Change 14.2% 5.89%
Gross Profit $15.99B $3.035B
YoY Change 41.12% 3.8%
Gross Profit Margin 49.62% 44.44%
Selling, General & Admin $6.930B $1.504B
YoY Change 12.79% 1.08%
% of Gross Profit 43.35% 49.56%
Research & Development $1.181B $262.0M
YoY Change 17.75% 4.38%
% of Gross Profit 7.39% 8.63%
Depreciation & Amortization $658.0M $576.0M
YoY Change 16.67% 3.23%
% of Gross Profit 4.12% 18.98%
Operating Expenses $8.111B $1.766B
YoY Change 13.49% 1.55%
Operating Profit $7.794B $1.269B
YoY Change 69.66% 7.09%
Interest Expense $553.0M -$97.00M
YoY Change -18.2% -43.93%
% of Operating Profit 7.1% -7.64%
Other Income/Expense, Net -$76.00M -$97.00M
YoY Change 8.57% -362.16%
Pretax Income $7.225B $1.038B
YoY Change 77.52% 2.57%
Income Tax $850.0M $36.00M
% Of Pretax Income 11.76% 3.47%
Net Earnings $6.377B $1.002B
YoY Change 72.44% 11.58%
Net Earnings / Revenue 19.79% 14.67%
Basic Earnings Per Share $16.09 $2.51
Diluted Earnings Per Share $15.96 $2.49
COMMON SHARES
Basic Shares Outstanding 393.8M shares 396.0M shares
Diluted Shares Outstanding 399.0M shares

Balance Sheet

Concept 2021 Q1 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.35B $2.436B
YoY Change 325.0% 14.15%
Cash & Equivalents $10.33B $2.399B
Short-Term Investments $28.00M $37.00M
Other Short-Term Assets $1.103B $1.172B
YoY Change -2.82% 27.11%
Inventory $4.029B $3.370B
Prepaid Expenses
Receivables $6.472B $4.349B
Other Receivables $0.00 $0.00
Total Short-Term Assets $21.96B $11.89B
YoY Change 84.62% 11.93%
LONG-TERM ASSETS
Property, Plant & Equipment $6.687B $4.749B
YoY Change 22.74% 14.02%
Goodwill $25.71B
YoY Change 1.45%
Intangibles $14.01B
YoY Change -6.44%
Long-Term Investments
YoY Change
Other Assets $1.682B $2.011B
YoY Change 28.2% 80.04%
Total Long-Term Assets $47.10B $46.49B
YoY Change 1.31% 1.93%
TOTAL ASSETS
Total Short-Term Assets $21.96B $11.89B
Total Long-Term Assets $47.10B $46.49B
Total Assets $69.05B $58.38B
YoY Change 18.28% 3.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.175B $1.920B
YoY Change 13.28% 18.89%
Accrued Expenses $4.098B $2.674B
YoY Change 53.25% 9.77%
Deferred Revenue $916.0M
YoY Change 13.23%
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $2.628B $676.0M
YoY Change 288.76% -46.81%
Total Short-Term Liabilities $10.30B $6.197B
YoY Change 66.27% 0.81%
LONG-TERM LIABILITIES
Long-Term Debt $19.11B $17.08B
YoY Change 11.89% -3.63%
Other Long-Term Liabilities $3.340B $3.241B
YoY Change 3.05% 28.87%
Total Long-Term Liabilities $22.45B $20.32B
YoY Change 10.48% 0.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.30B $6.197B
Total Long-Term Liabilities $22.45B $20.32B
Total Liabilities $34.55B $26.51B
YoY Change 20.34% 0.5%
SHAREHOLDERS EQUITY
Retained Earnings $22.09B
YoY Change 18.16%
Common Stock $15.50B
YoY Change 2.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $34.51B $29.68B
YoY Change
Total Liabilities & Shareholders Equity $69.05B $58.38B
YoY Change 18.28% 3.82%

Cashflow Statement

Concept 2021 Q1 2020 2019 Q4
OPERATING ACTIVITIES
Net Income $6.377B $1.002B
YoY Change 72.44% 11.58%
Depreciation, Depletion And Amortization $658.0M $576.0M
YoY Change 16.67% 3.23%
Cash From Operating Activities $8.289B $1.913B
YoY Change 66.68% 6.22%
INVESTING ACTIVITIES
Capital Expenditures $1.474B -$289.0M
YoY Change 59.18% 1.76%
Acquisitions $38.00M
YoY Change -97.94%
Other Investing Activities $6.000M -$50.00M
YoY Change -105.08% -88.56%
Cash From Investing Activities -$1.510B -$339.0M
YoY Change 1.55% -52.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.500B
YoY Change 0.0%
Debt Paid & Issued, Net $710.0M
YoY Change -88.83%
Cash From Financing Activities $959.0M -514.0M
YoY Change -130.76% 3853.85%
NET CHANGE
Cash From Operating Activities $8.289B 1.913B
Cash From Investing Activities -$1.510B -339.0M
Cash From Financing Activities $959.0M -514.0M
Net Change In Cash $7.914B 1.060B
YoY Change 2494.75% -0.66%
FREE CASH FLOW
Cash From Operating Activities $8.289B $1.913B
Capital Expenditures $1.474B -$289.0M
Free Cash Flow $6.815B $2.202B
YoY Change 68.4% 5.61%

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CY2018 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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CY2018 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2018 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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1000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
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31000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
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CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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8000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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93000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
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CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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4000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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2000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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5000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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18000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2018 us-gaap Increase Decrease In Deferred Income Taxes
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CY2019 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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CY2018 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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CY2020 us-gaap Share Based Compensation
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CY2018 us-gaap Share Based Compensation
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181000000 USD
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CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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CY2019 us-gaap Other Noncash Income Expense
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CY2020 us-gaap Increase Decrease In Accounts Receivable
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CY2019 us-gaap Increase Decrease In Accounts Receivable
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CY2018 us-gaap Increase Decrease In Accounts Receivable
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CY2020 us-gaap Increase Decrease In Inventories
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CY2019 us-gaap Increase Decrease In Accounts Payable
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CY2019 us-gaap Increase Decrease In Other Operating Capital Net
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CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
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CY2018 us-gaap Repayments Of Long Term Debt
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CY2019 us-gaap Proceeds From Issuance Of Commercial Paper
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CY2018 us-gaap Proceeds From Payments For Other Financing Activities
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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181000000 USD
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CY2020 us-gaap Common Stock Dividends Per Share Declared
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CY2020 us-gaap Prior Period Reclassification Adjustment Description
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<div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Presentation</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications of prior year amounts have been made to conform to the current year presentation.</span></div>
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CY2018 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2019 us-gaap Product Warranty Accrual Payments
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CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
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540000000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
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3370000000 USD
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CY2019Q4 us-gaap Property Plant And Equipment Gross
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3665000000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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3015000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
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5912000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
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4749000000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
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12685000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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11879000000 USD
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43000000 USD
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24000000 USD
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52000000 USD
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19000000 USD
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<div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;margin-top:6pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.</span></div> The company’s estimates include, among others, asset reserve requirements as well as the amounts of future cash flows associated with certain assets and businesses that are used in assessing the risk of impairment. Risks and uncertainties associated with the ongoing COVID-19 global pandemic materially adversely affected certain of the company’s businesses in 2020, particularly in the Analytical Instruments segment and, to a lesser extent, some businesses within the other three segments. The extent and duration of negative impacts continuing into 2021 are uncertain and may require changes to estimates. Actual results could differ from those estimates.
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116000000 USD
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109000000 USD
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57000000 USD
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14000000 USD
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4070000000 USD
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81000000 USD
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10000000 USD
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51000000 USD
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0.22
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0.21
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0.20
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0.011
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0.024
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0.026
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P4Y3M18D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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P4Y3M18D
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P4Y3M18D
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0.003
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0.003
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0.003
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61.19
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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53.37
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43.45
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457000000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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320000000 USD
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312000000 USD
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6900000 shares
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176.26
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1200000 shares
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343.18
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
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0.95
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140.99
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
200000 shares
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227.67
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5900000 shares
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221.22
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P4Y3M18D
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5700000 shares
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217.96
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P4Y2M12D
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1410000000 USD
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2500000 shares
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165.71
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P3Y2M12D
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741000000 USD
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0.10
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1000000.0 shares
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218.34
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
500000 shares
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316.10
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600000 shares
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215.35
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
100000 shares
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241.26
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800000 shares
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
276.74
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126000000 USD
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118000000 USD
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114000000 USD
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100000 shares
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200000 shares
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100000 shares
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254000000 USD
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232000000 USD
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204000000 USD
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96000000 USD
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50000000 USD
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93000000 USD
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2047000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
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2072000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
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1529000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
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1557000000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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1976000000 USD
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1976000000 USD
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1526000000 USD
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1525000000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
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2278000000 USD
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2468000000 USD
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1792000000 USD
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1933000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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7225000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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4070000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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3262000000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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521000000 USD
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165000000 USD
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423000000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
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544000000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
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574000000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
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175000000 USD
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CY2020 us-gaap Current Income Tax Expense Benefit
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1119000000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
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CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2019 us-gaap Deferred Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2019 us-gaap Income Tax Expense Benefit
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CY2018 us-gaap Income Tax Expense Benefit
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CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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213000000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits
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211000000 USD
CY2020 tmo Effective Income Tax Rate Reconciliation Global Intangible Lowtaxed Income
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86000000 USD
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92000000 USD
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29000000 USD
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CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2020 us-gaap Income Tax Expense Benefit
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CY2020Q4 us-gaap Deferred Tax Assets Hedging Transactions
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CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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1091000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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1552000000 USD
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1442000000 USD
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CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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4000000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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399000000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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403000000 shares
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15.96
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CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
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102000000 USD
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94000000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
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114000000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
101000000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
21735000000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
17752000000 USD
CY2020Q4 us-gaap Debt Current
DebtCurrent
2628000000 USD
CY2019Q4 us-gaap Debt Current
DebtCurrent
676000000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
19107000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
17076000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2613000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
2000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1223000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
3211000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
14875000000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
21926000000 USD
CY2020Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
108000000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-184000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
775000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
699000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
184000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
167000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
626000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
571000000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
224000000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
208000000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
49000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
202000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
205000000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
41000000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
222000000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
208000000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y3M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y2M12D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.034
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
210000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
180000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
141000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
96000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
66000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
212000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
905000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
95000000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
810000000 USD
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
211000000 USD
CY2020Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
1800000000 USD
CY2020Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
71000000 USD
CY2020 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-191000000 USD
CY2020 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-63000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-128000000 USD
CY2020Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
22000000 shares
CY2020 us-gaap Interest Paid Net
InterestPaidNet
471000000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
790000000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
21735000000 USD
CY2020Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
24665000000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
17752000000 USD
CY2019Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
18666000000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
687000000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
1324000000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
896000000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
591000000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
347000000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
150000000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
95000000 USD
CY2020Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
89000000 USD
CY2019Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
77000000 USD
CY2018Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
69000000 USD
CY2020 us-gaap Stock Issued1
StockIssued1
217000000 USD
CY2019 us-gaap Stock Issued1
StockIssued1
182000000 USD
CY2018 us-gaap Stock Issued1
StockIssued1
170000000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10325000000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2399000000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
10000000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
21000000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
1000000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10336000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2422000000 USD
CY2020 tmo Restructuring And Related Cost Percentage Of Total Workforce Eliminated
RestructuringAndRelatedCostPercentageOfTotalWorkforceEliminated
0.01
CY2019 tmo Restructuring And Related Cost Percentage Of Total Workforce Eliminated
RestructuringAndRelatedCostPercentageOfTotalWorkforceEliminated
0.01
CY2018 tmo Restructuring And Related Cost Percentage Of Total Workforce Eliminated
RestructuringAndRelatedCostPercentageOfTotalWorkforceEliminated
0.01
CY2020 tmo Cost Of Revenues Charges
CostOfRevenuesCharges
6000000 USD
CY2020 tmo Selling General And Administrative Charges Net
SellingGeneralAndAdministrativeChargesNet
-10000000 USD
CY2020 tmo Restructuring And Other Costs Income Net
RestructuringAndOtherCostsIncomeNet
99000000 USD
CY2020 tmo Total Restructuring And Other Costs Income Net
TotalRestructuringAndOtherCostsIncomeNet
95000000 USD
CY2019 tmo Cost Of Revenues Charges
CostOfRevenuesCharges
17000000 USD
CY2019 tmo Selling General And Administrative Charges Net
SellingGeneralAndAdministrativeChargesNet
62000000 USD
CY2019 tmo Restructuring And Other Costs Income Net
RestructuringAndOtherCostsIncomeNet
-413000000 USD
CY2019 tmo Total Restructuring And Other Costs Income Net
TotalRestructuringAndOtherCostsIncomeNet
-334000000 USD
CY2018 tmo Cost Of Revenues Charges
CostOfRevenuesCharges
12000000 USD
CY2018 tmo Selling General And Administrative Charges Net
SellingGeneralAndAdministrativeChargesNet
29000000 USD
CY2018 tmo Restructuring And Other Costs Income Net
RestructuringAndOtherCostsIncomeNet
50000000 USD
CY2018 tmo Total Restructuring And Other Costs Income Net
TotalRestructuringAndOtherCostsIncomeNet
91000000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
76000000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
88000000 USD
CY2018 us-gaap Payments For Restructuring
PaymentsForRestructuring
83000000 USD
CY2018 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
1000000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
80000000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
52000000 USD
CY2019 us-gaap Payments For Restructuring
PaymentsForRestructuring
69000000 USD
CY2019 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
1000000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
34000000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
51000000 USD
CY2020 us-gaap Payments For Restructuring
PaymentsForRestructuring
57000000 USD
CY2020 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
7000000 USD
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
21000000 USD
CY2018 tmo Restructuring And Related Costs Non Cash Costs
RestructuringAndRelatedCostsNonCashCosts
-38000000 USD
CY2019 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
482000000 USD
CY2019 tmo Restructuring And Related Costs Non Cash Costs
RestructuringAndRelatedCostsNonCashCosts
17000000 USD
CY2020 tmo Restructuring And Related Costs Non Cash Costs
RestructuringAndRelatedCostsNonCashCosts
48000000 USD
CY2020 tmo Restructuring Reserve Expected Final Year Of Payments
RestructuringReserveExpectedFinalYearOfPayments
2021

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