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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Share Repurchase Program
[2]
Share Repurchase Program
Treasury Stock
[2]
Common Stock, Shares, Issued 501,900,000              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock, shares [1] 22,300,000              
Beginning balance at Dec. 31, 2018 $ 2,185 $ 5 $ (1,487) $ 1,026 $ 3,270 $ (629)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 312       312      
Other comprehensive income 31         31    
Share-based compensation awards [2] $ 17   44 (19) (8)      
Treasury stock acquired, shares [1] (1,700,000) [3]           (1,100,000)  
Treasury stock acquired [3] $ (150)   (150) [2]          
Employee benefit plan contribution from Pfizer Inc. [4] 1     1        
Dividends declared (79)       (79)      
Ending balance at Mar. 31, 2019 $ 2,317 5 $ (1,593) 1,008 3,495 (598)    
Common Stock, Shares, Issued 501,900,000              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock, shares [1] 22,900,000              
Common Stock, Shares, Issued 501,891,243              
Treasury stock, shares 26,363,033   26,400,000 [1]          
Beginning balance at Dec. 31, 2019 $ 2,708 5 $ (2,042) 1,044 4,427 (726)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 423       423      
Other comprehensive income (55)         (55)    
Share-based compensation awards [2] 21   $ 40 (28) 9      
Treasury stock acquired, shares [1]     (1,800,000) [3]         (1,200,000)
Treasury stock acquired [3] (250)   $ (250)          
Employee benefit plan contribution from Pfizer Inc. [4] 1     1        
Dividends declared (95)       (95)      
Ending balance at Mar. 31, 2020 $ 2,753 $ 5 $ (2,252) $ 1,017 $ 4,764 $ (781)    
Common Stock, Shares, Issued 501,891,243              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock, shares 27,025,890   27,000,000.0 [1]          
[1] Shares may not add due to rounding.
[2] Includes the issuance of shares of Zoetis Inc. common stock and the reacquisition of shares of treasury stock associated with exercises of employee share-based awards. Also includes the reacquisition of shares of treasury stock associated with the vesting of employee share-based awards to satisfy tax withholding requirements. For additional information, see Note 13. Share-based Payments and Note 14. Stockholders' Equity.
[3] Reflects the acquisition of treasury shares in connection with the share repurchase program. For additional information see Note 14. Stockholders' Equity.
[4] Represents contributed capital from Pfizer Inc. associated with service credit continuation for certain Zoetis Inc. employees in Pfizer Inc.'s U.S. qualified defined benefit and U.S. retiree medical plans.