XML 48 R35.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings per Share (Tables)
 3 Months Ended
Apr. 02, 2017
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 2,

 
April 3,

(MILLIONS OF DOLLARS AND SHARES, EXCEPT PER SHARE DATA)
 
2017

 
2016

Numerator
 
 
 
 
Net income before allocation to noncontrolling interests
 
$
239

 
$
204

Less: net income attributable to noncontrolling interests
 
1

 
—

Net income attributable to Zoetis Inc.
 
$
238

 
$
204

Denominator
 
 
 
 
Weighted-average common shares outstanding
 
492.4

 
497.4

Common stock equivalents: stock options, RSUs, PSUs and DSUs
 
2.9

 
2.1

Weighted-average common and potential dilutive shares outstanding
 
495.3

 
499.5

 
 
 
 
 
Earnings per share attributable to Zoetis Inc. stockholders—basic
 
$
0.48

 
$
0.41

Earnings per share attributable to Zoetis Inc. stockholders—diluted
 
$
0.48

 
$
0.41