10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

THERMO FISHER SCIENTIFIC INC.

Ticker: TMO   Fiscal Year: 2020

Consolidated Statement of Income

Period Ending Dec 31, 2020 10-K (Filed: Feb 25, 2021)

(In Millions)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2020Dec 31, 2019Dec 31, 2018
Revenues
Revenues
$
32,218
25,54224,358
Costs and Operating Expenses:
Selling, general and administrative expenses6,9306,1446,057
Research and development expenses1,1811,003967
Restructuring and other costs (income), net99(413)50
Total costs and operating expenses24,42420,94820,575
 
Operating Income7,7944,5943,783
 
Interest Income65224137
Interest Expense(553)(676)(667)
Other (Expense) Income, Net(81)(72)9
Income Before Income Taxes7,2254,0703,262
 
Provision for Income Taxes(850)(374)(324)
Net Income6,3753,6962,938
 
Earnings per Share
Basic (in dollars per share)16.099.247.31
Diluted (in dollars per share)15.969.177.24
Weighted Average Shares
Basic (in shares)396400402
Diluted (in shares)399403406
Product and Service
Product
Revenues25,30619,49618,868
Cost of revenues11,40710,0379,682
Service
Revenues6,9126,0465,490
Cost of revenues4,8074,1773,819
External Links 
THERMO FISHER SCIENTIFIC INC. (TMO) Fiscal Year 2020
Statements of 10-K in Excel https://www.sec.gov/.../Financial.xlxs
Complete 10-K in HTML https://www.sec.gov/.../10-K.html
Complete 10-K in XBRL https://www.sec.gov/.../10-K-xbrl.zip