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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Revenue $ 1,986 $ 1,871
Costs and expenses:    
Cost of sales 569 549
Selling, general and administrative expenses 465 409
Research and development expenses 122 118
Amortization of intangible assets 41 40
Restructuring charges and certain acquisition-related costs 2 9
Interest expense, net of capitalized interest 53 57
Other (income)/deductions—net 7 2
Income before provision for taxes on income [1] 727 687
Provision for taxes on income 133 129
Net income before allocation to noncontrolling interests 594 558
Less: Net loss attributable to noncontrolling interests (1) (1)
Net income attributable to Zoetis Inc. $ 595 $ 559
Earnings per share attributable to Zoetis Inc. stockholders:    
Basic (in dollars per share) $ 1.26 $ 1.18
Diluted (in dollars per share) $ 1.26 $ 1.17
Weighted-average common shares outstanding:    
Basic (in shares) 472.2 475.5
Diluted (in shares) 474.1 477.9
Dividends paid per common share (in dollars per share) $ 0.325 $ 0.250
[1] Defined as income before provision for taxes on income.