CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions		Sep. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	[1]	$ 3,654	$ 1,934
Restricted cash		3	2
Accounts receivable, less allowance for doubtful accounts of $20 in 2020 and $21 in 2019		1,012	1,086
Inventories		1,626	1,410
Other current assets		465	318
Total current assets		6,757	4,748
Property, plant and equipment, less accumulated depreciation of $1,894 in 2020 and $1,737 in 2019		2,099	1,940
Operating lease right of use assets		194	189
Goodwill		2,690	2,592
Identifiable intangible assets, less accumulated amortization		1,794	1,890
Noncurrent deferred tax assets		97	88
Other noncurrent assets		94	98
Total assets		13,725	11,545
Liabilities and Equity
Short-term borrowings		1	0
Current portion of long-term debt		1,100	500
Accounts payable		357	301
Dividends payable		0	95
Accrued expenses		516	543
Accrued compensation and related items		214	276
Income taxes payable		145	36
Other current liabilities		67	55
Total current liabilities		2,400	1,806
Long-term debt, net of discount and issuance costs		6,595	5,947
Noncurrent deferred tax liabilities		410	434
Operating lease liabilities		167	164
Other taxes payable		263	257
Other noncurrent liabilities		283	229
Total liabilities		10,118	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; 475,242,731 and 475,528,210 shares outstanding at September 30, 2020, and December 31, 2019, respectively		5	5
Treasury stock, at cost, 26,648,512 and 26,363,033 shares of common stock at September 30, 2020, and December 31, 2019, respectively		(2,234)	(2,042)
Additional paid-in capital		1,040	1,044
Retained earnings		5,526	4,427
Accumulated other comprehensive loss		(735)	(726)
Total Zoetis Inc. equity		3,602	2,708
Equity attributable to noncontrolling interests		5	0
Total equity		3,607	2,708
Total liabilities and equity		$ 13,725	$ 11,545
Common Stock, Shares Authorized		6,000,000,000	6,000,000,000
Common Stock, Shares, Issued		501,891,243	501,891,243
Common stock, shares outstanding		475,242,731	475,528,210

[1] As of September 30, 2020, and December 31, 2019, includes $3 million and $2 million, respectively, of restricted cash.