CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions		Mar. 31, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	[1]	$ 1,654	$ 1,564
Restricted cash		6	6
Accounts receivable, less allowance for doubtful accounts of $25 in 2018 and $25 in 2017		943	998
Inventories		1,441	1,427
Other current assets		229	228
Total current assets		4,267	4,217
Property, plant and equipment, less accumulated depreciation of $1,519 in 2018 and $1,471 in 2017		1,453	1,435
Goodwill		1,532	1,510
Identifiable intangible assets, less accumulated amortization		1,280	1,269
Noncurrent deferred tax assets		80	80
Other noncurrent assets		78	75
Total assets		8,690	8,586
Liabilities and Equity
Accounts payable		217	261
Dividends payable		61	61
Accrued expenses		419	432
Accrued compensation and related items		182	236
Income taxes payable		92	60
Other current liabilities		29	44
Total current liabilities		1,000	1,094
Long-term debt, net of discount and issuance costs		4,954	4,953
Noncurrent deferred tax liabilities		246	380
Other taxes payable		304	172
Other noncurrent liabilities		211	201
Total liabilities		6,715	6,800
Commitments and Contingencies
Stockholders' equity:
Preferred stock, $0.01 par value: 1,000,000,000 authorized, none issued		0	0
Common stock, $0.01 par value: 6,000,000,000 authorized; 501,891,243 and 501,891,243 shares issued; 484,724,245 and 486,130,461 shares outstanding at March 31, 2018, and December 31, 2017, respectively		5	5
Treasury stock, at cost, 17,166,998 and 15,760,782 shares of common stock at March 31, 2018, and December 31, 2017, respectively		(1,005)	(852)
Additional paid-in capital		990	1,013
Retained earnings		2,399	2,109
Accumulated other comprehensive loss		(429)	(505)
Total Zoetis Inc. equity		1,960	1,770
Equity attributable to noncontrolling interests		15	16
Total equity		1,975	1,786
Total liabilities and equity		$ 8,690	$ 8,586

[1] As of both March 31, 2018, and December 31, 2017, includes $6 million of restricted cash.