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: 2022 | |||
Consolidated Statement of Income | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 23, 2023) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Revenues | |||
| Revenues | $ 44,915 | 39,211 | 32,218 |
| Costs and operating expenses: | |||
| Selling, general and administrative expenses | 8,993 | 8,007 | 6,930 |
| Research and development expenses | 1,471 | 1,406 | 1,181 |
| Restructuring and other costs | 114 | 197 | 99 |
| Total costs and operating expenses | 36,522 | 29,183 | 24,424 |
| Operating income | 8,393 | 10,028 | 7,794 |
| Interest income | 272 | 43 | 65 |
| Interest expense | (726) | (536) | (553) |
| Other income/(expense) | (104) | (694) | (76) |
| Income before income taxes | 7,835 | 8,841 | 7,230 |
| Provision for income taxes | (703) | (1,109) | (850) |
| Equity in earnings/(losses) of unconsolidated entities | (172) | (4) | (3) |
| Net income | 6,960 | 7,728 | 6,377 |
| Less: net income attributable to noncontrolling interests and redeemable noncontrolling interest | 10 | 3 | 2 |
| Net income attributable to Thermo Fisher Scientific Inc. | 6,950 | 7,725 | 6,375 |
| Earnings per share attributable to Thermo Fisher Scientific Inc. | |||
| Basic (in dollars per share) | 17.75 | 19.62 | 16.09 |
| Diluted (in dollars per share) | 17.63 | 19.46 | 15.96 |
| Weighted average shares | |||
| Basic (in shares) | 392 | 394 | 396 |
| Diluted (in shares) | 394 | 397 | 399 |
| Product and Service | |||
| Product revenues | |||
| Revenues | 28,548 | 30,361 | 25,306 |
| Cost of revenues | 14,247 | 13,594 | 11,407 |
| Service revenues | |||
| Revenues | 16,367 | 8,850 | 6,912 |
| Cost of revenues | 11,697 | 5,979 | 4,807 |
| External Links | |
| THERMO FISHER SCIENTIFIC INC. (TMO) Fiscal Year 2022 | |
| 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 |