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Earnings per Share (Tables)
3 Months Ended
Apr. 03, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
The following table presents the calculation of basic and diluted earnings per share:
 
 
Three Months Ended
 
 
April 3,

 
March 29,

(MILLIONS OF DOLLARS AND SHARES, EXCEPT PER SHARE DATA)
 
2016

 
2015

Numerator
 
 
 
 
Net income before allocation to noncontrolling interests
 
$
204

 
$
165

Less: net income attributable to noncontrolling interests
 

 

Net income attributable to Zoetis Inc.
 
$
204

 
$
165

Denominator
 
 
 
 
Weighted-average common shares outstanding
 
497.4

 
501.1

Common stock equivalents: stock options, RSUs, PSUs and DSUs
 
2.1

 
2.1

Weighted-average common and potential dilutive shares outstanding
 
499.5

 
503.2

 
 
 
 
 
Earnings per share attributable to Zoetis Inc. stockholders—basic
 
$
0.41

 
$
0.33

Earnings per share attributable to Zoetis Inc. stockholders—diluted
 
$
0.41

 
$
0.33