CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions		Jun. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	[1]	$ 3,353	$ 1,934
Restricted cash		0	2
Accounts receivable, less allowance for doubtful accounts of $20 in 2020 and $21 in 2019		984	1,086
Inventories		1,584	1,410
Other current assets		364	318
Total current assets		6,285	4,748
Property, plant and equipment, less accumulated depreciation of $1,818 in 2020 and $1,737 in 2019		2,011	1,940
Operating lease right of use assets		181	189
Goodwill		2,629	2,592
Identifiable intangible assets, less accumulated amortization		1,783	1,890
Noncurrent deferred tax assets		88	88
Other noncurrent assets		92	98
Total assets		13,069	11,545
Liabilities and Equity
Short-term borrowings		1	0
Current portion of long-term debt		500	500
Accounts payable		335	301
Dividends payable		95	95
Accrued expenses		475	543
Accrued compensation and related items		170	276
Income taxes payable		170	36
Other current liabilities		65	55
Total current liabilities		1,811	1,806
Long-term debt, net of discount and issuance costs		7,194	5,947
Noncurrent deferred tax liabilities		395	434
Operating lease liabilities		155	164
Other taxes payable		256	257
Other noncurrent liabilities		271	229
Total liabilities		10,082	8,837
Commitments and Contingencies
Stockholders' equity:
Common stock, $0.01 par value: 6,000,000,000 authorized; 501,891,243 and 501,891,243 shares issued; 474,999,478 and 475,528,210 shares outstanding at June 30, 2020, and December 31, 2019, respectively		5	5
Treasury stock, at cost, 26,891,765 and 26,363,033 shares of common stock at June 30, 2020, and December 31, 2019, respectively		(2,245)	(2,042)
Additional paid-in capital		1,030	1,044
Retained earnings		5,048	4,427
Accumulated other comprehensive loss		(856)	(726)
Total Zoetis Inc. equity		2,982	2,708
Equity attributable to noncontrolling interests		5	0
Total equity		2,987	2,708
Total liabilities and equity		$ 13,069	$ 11,545

[1] As of June 30, 2020, and December 31, 2019, includes $0 million and $2 million, respectively, of restricted cash.