CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Dec. 31, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	[1]	$ 1,602	$ 1,564
Short-term Investments		99	0
Accounts receivable, less allowance for doubtful accounts of $24 in 2018 and $25 in 2017		1,036	998
Inventories		1,391	1,427
Other current assets		271	228
Total current assets		4,399	4,217
Property, plant and equipment, less accumulated depreciation of $1,599 in 2018 and $1,471 in 2017		1,658	1,435
Goodwill		2,519	1,510
Identifiable intangible assets, less accumulated amortization		2,046	1,269
Noncurrent deferred tax assets		61	80
Other noncurrent assets		94	75
Total assets		10,777	8,586
Liabilities and Equity
Short-term borrowings		9
Accounts payable		313	261
Dividends payable		79	61
Accrued expenses		487	432
Accrued compensation and related items		266	236
Income taxes payable		35	60
Other current liabilities		34	44
Total current liabilities		1,223	1,094
Long-term debt, net of discount and issuance costs		6,443	4,953
Noncurrent deferred tax liabilities		474	380
Other taxes payable		265	172
Other noncurrent liabilities		187	201
Total liabilities		8,592	6,800
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; 479,562,326 and 486,130,461 shares outstanding at December 31, 2018 and 2017, respectively		5	5
Treasury stock, at cost, 22,328,917 and 15,760,782 shares of common stock at December 31, 2018 and 2017, respectively		(1,487)	(852)
Additional paid-in capital		1,026	1,013
Retained earnings		3,270	2,109
Accumulated other comprehensive loss		(629)	(505)
Total Zoetis Inc. equity		2,185	1,770
Equity attributable to noncontrolling interests		0	16
Total equity		2,185	1,786
Total liabilities and equity		10,777	8,586
Restricted cash		$ 5	$ 6

[1] As of December 31, 2018, and December 31, 2017, includes $5 million and $6 million, respectively, of restricted cash.