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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Treasury Stock
Share Repurchase Program
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Equity Attributable to Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2019   501,900,000            
Beginning balance at Dec. 31, 2019 $ 2,708 $ 5 $ (2,042)   $ 1,044 $ 4,427 $ (726) $ 0
Treasury stock, beginning balance (in shares) at Dec. 31, 2019     26,400,000          
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
Treasury stock acquired, shares     (1,800,000) (1,600,000)        
Share-based compensation awards 62   $ 58   (6) 10    
Treasury stock acquired (250)   (250)          
Employee benefit plan contribution from Pfizer Inc. 2       2      
Dividends declared (190)         (190)    
Ending balance (in shares) at Sep. 30, 2020   501,900,000            
Ending balance at Sep. 30, 2020 3,607 $ 5 $ (2,234)   1,040 5,526 (735) 5
Treasury stock, ending balance (in shares) at Sep. 30, 2020     26,600,000          
Beginning balance (in shares) at Jun. 30, 2020   501,900,000            
Beginning balance at Jun. 30, 2020 2,987 $ 5 $ (2,245)   1,030 5,048 (856) 5
Treasury stock, beginning balance (in shares) at Jun. 30, 2020     26,900,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 479         479    
Other comprehensive loss 121           121  
Treasury stock acquired, shares       (300,000)        
Share-based compensation awards 19 [1]   $ 11   9 (1)    
Employee benefit plan contribution from Pfizer Inc. [2] 1       1      
Ending balance (in shares) at Sep. 30, 2020   501,900,000            
Ending balance at Sep. 30, 2020 $ 3,607 $ 5 $ (2,234)   1,040 5,526 (735) 5
Treasury stock, ending balance (in shares) at Sep. 30, 2020     26,600,000          
Beginning balance (in shares) at Dec. 31, 2020 501,891,243 501,900,000            
Beginning balance at Dec. 31, 2020 $ 3,773 $ 5 $ (2,230)   1,065 5,659 (730) 4
Treasury stock, beginning balance (in shares) at Dec. 31, 2020 26,573,492   26,600,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income $ 1,621         1,623   (2)
Other comprehensive loss 63           63  
Treasury stock acquired, shares     (3,100,000) (1,200,000)        
Share-based compensation awards 5   $ 16   (11)      
Treasury stock acquired (545)   (545)          
Employee benefit plan contribution from Pfizer Inc. 2       2      
Dividends declared $ (238)         (238)    
Ending balance (in shares) at Sep. 30, 2021 501,891,243 501,900,000            
Ending balance at Sep. 30, 2021 $ 4,681 $ 5 $ (2,759)   1,056 7,044 (667) 2
Treasury stock, ending balance (in shares) at Sep. 30, 2021 28,517,186   28,500,000          
Beginning balance (in shares) at Jun. 30, 2021   501,900,000            
Beginning balance at Jun. 30, 2021 $ 4,352 $ 5 $ (2,568)   1,044 6,492 (623) 2
Treasury stock, beginning balance (in shares) at Jun. 30, 2021     27,700,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 552         552    
Other comprehensive loss (44)           (44)  
Treasury stock acquired, shares     (1,000,000.0) (200,000)        
Share-based compensation awards 18   $ 7   11      
Treasury stock acquired (198)   (198)          
Employee benefit plan contribution from Pfizer Inc. $ 1       1      
Ending balance (in shares) at Sep. 30, 2021 501,891,243 501,900,000            
Ending balance at Sep. 30, 2021 $ 4,681 $ 5 $ (2,759)   $ 1,056 $ 7,044 $ (667) $ 2
Treasury stock, ending balance (in shares) at Sep. 30, 2021 28,517,186   28,500,000          
[1] (b)    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.
[2] (d)    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.