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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
Equity Attributable to Noncontrolling Interests
Share Repurchase Program
[2]
Share Repurchase Program
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Treasury stock, shares [1] 22,300,000                
Common Stock, Shares, Issued 501,900,000                
Total equity $ 2,185 $ 5 $ (1,487) $ 1,026 $ 3,270 $ (629) $ 0    
Treasury Stock, Shares [1] 22,300,000                
Beginning balance at Dec. 31, 2018 $ 2,185 5 (1,487) 1,026 3,270 (629) 0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 1,116       1,116   0    
Other comprehensive loss (70)         (70)      
Share-based compensation awards [2] $ 52   61 3 (12)        
Treasury stock acquired, shares [1] (4,400,000) [3]             (1,600,000)  
Treasury stock acquired [3] $ (450)   (450) [2]            
Employee benefit plan contribution from Pfizer Inc. [4] 2     2          
Dividends declared (157)       (157)        
Ending balance at Sep. 30, 2019 2,678 5 (1,876) 1,031 4,217 (699) 0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Total equity 2,678 5 (1,876) 1,026 3,270 (699) 0    
Net income 1,116       1,116   0    
Other comprehensive (loss)/income, net of tax $ (70)         (70)      
Treasury Stock, Shares, Acquired [1] 4,400,000 [3]             1,600,000  
Share-based compensation awards [2] $ 52   61 3 (12)        
Treasury Stock, Value, Acquired, Cost Method [3] 450   450 [2]            
Dividends, Common Stock 157       157        
Accumulated Other Comprehensive Income (Loss) [Line Items]                  
Share-based compensation awards [2] 52   $ 61 3 (12)        
Employee benefit plan contribution from Pfizer Inc. [4] $ 2     2          
Treasury stock, shares [1]     24,100,000            
Common Stock, Shares, Issued [1] 501,900,000                
Total equity $ 2,411 5 $ (1,732) 1,019 3,788 (669) 0    
Treasury Stock, Shares [1]     24,100,000            
Beginning balance at Jun. 30, 2019 2,411 5 $ (1,732) 1,019 3,788 (669) 0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 433       433        
Other comprehensive loss (30)         (30)      
Share-based compensation awards [2] 13   $ 6 11 (4)        
Treasury stock acquired, shares [1]     (1,200,000) [3]           (200,000) [2]
Treasury stock acquired [3] (150)   $ (150)            
Employee benefit plan contribution from Pfizer Inc. [4] 1     1          
Ending balance at Sep. 30, 2019 2,678 5 (1,876) 1,031 4,217 (699) 0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Total equity 2,678 5 $ (1,876) 1,031 4,217 (699) 0    
Net income 433       433        
Other comprehensive (loss)/income, net of tax (30)         (30)      
Treasury Stock, Shares, Acquired [1]     1,200,000 [3]           200,000 [2]
Share-based compensation awards [2] 13   $ 6 11 (4)        
Treasury Stock, Value, Acquired, Cost Method [3] 150   150            
Accumulated Other Comprehensive Income (Loss) [Line Items]                  
Share-based compensation awards [2] 13   6 11 (4)        
Employee benefit plan contribution from Pfizer Inc. [4] $ 1     1          
Treasury stock, shares [1] 25,100,000                
Common Stock, Shares, Issued [1] 501,900,000                
Total equity $ 2,678 5 $ (1,876) 1,031 4,217 (699) 0    
Treasury Stock, Shares [1] 25,100,000                
Treasury stock, shares 26,363,033   26,400,000 [1]            
Common Stock, Shares, Issued 501,891,243                
Total equity $ 2,708 5 $ (2,042) 1,044 4,427 (726) 0    
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) 0    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 1,278       1,279   (1)    
Other comprehensive loss (9)         (9)      
Consolidation of noncontrolling interests 6           6    
Share-based compensation awards [2] 62   $ 58 (6) 10        
Treasury stock acquired, shares [1]     (1,800,000) [3]           (1,600,000) [2]
Treasury stock acquired [3] (250)   $ (250)            
Employee benefit plan contribution from Pfizer Inc. [4] 2     2          
Dividends declared (190)       (190)        
Ending balance at Sep. 30, 2020 3,607 5 (2,234) 1,040 5,526 (735) 5    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Total equity 3,607 5 $ (2,042) 1,044 4,427 (735) 5    
Net income 1,278       1,279   (1)    
Other comprehensive (loss)/income, net of tax (9)         (9)      
Treasury Stock, Shares, Acquired [1]     1,800,000 [3]           1,600,000 [2]
Share-based compensation awards [2] 62   $ 58 (6) 10        
Treasury Stock, Value, Acquired, Cost Method [3] 250   250            
Dividends, Common Stock 190       190        
Accumulated Other Comprehensive Income (Loss) [Line Items]                  
Share-based compensation awards [2] 62   $ 58 (6) 10        
Employee benefit plan contribution from Pfizer Inc. [4] $ 2     2          
Treasury stock, shares [1]     26,900,000            
Common Stock, Shares, Issued 501,900,000                
Total equity $ 2,987 5 $ (2,245) 1,030 5,048 (856) 5    
Treasury Stock, Shares [1]     26,900,000            
Beginning balance at Jun. 30, 2020 2,987 5 $ (2,245) 1,030 5,048 (856) 5    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income 479       479   0    
Other comprehensive loss 121         121      
Share-based compensation awards [2] 19   11 9 (1)        
Treasury stock acquired, shares [1],[2]                 (300,000)
Employee benefit plan contribution from Pfizer Inc. [4] 1     1          
Ending balance at Sep. 30, 2020 3,607 5 (2,234) 1,040 5,526 (735) 5    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Total equity 3,607 5 (2,234) 1,040 5,526 (735) 5    
Net income 479       479   0    
Other comprehensive (loss)/income, net of tax 121         121      
Treasury Stock, Shares, Acquired [1],[2]                 300,000
Share-based compensation awards [2] 19   11 9 (1)        
Accumulated Other Comprehensive Income (Loss) [Line Items]                  
Share-based compensation awards [2] 19   $ 11 9 (1)        
Employee benefit plan contribution from Pfizer Inc. [4] $ 1     1          
Treasury stock, shares 26,648,512   26,600,000 [1]            
Common Stock, Shares, Issued 501,891,243                
Total equity $ 3,607 $ 5 $ (2,234) $ 1,040 $ 5,526 $ (735) $ 5    
Treasury Stock, Shares 26,648,512   26,600,000 [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 12. Share-based Payments and Note 13. Stockholders' Equity.
[3] Reflects the acquisition of treasury shares in connection with the share repurchase program. For additional information see Note 13. 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.