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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Treasury Stock
Share Repurchase Program
[3]
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Equity Attributable to Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2020 [1]   501,900,000            
Beginning balance at Dec. 31, 2020 $ 3,773 $ 5 $ (2,230)   $ 1,065 $ 5,659 $ (730) $ 4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 1,069         1,071   (2)
Other comprehensive income/(loss), net of tax 107           107  
Treasury stock, beginning balance (in shares) at Dec. 31, 2020 [1]     26,600,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock acquired, shares [1]     (2,100,000) [2] (1,000,000.0)        
Share-based compensation awards [3] (13)   $ 9   (22) 0    
Treasury stock acquired [2] (347)   (347)          
Employee benefit plan contribution from Pfizer Inc. [4] 1       1      
Dividends, Common Stock (238)         (238)    
Ending balance (in shares) at Jun. 30, 2021 [1]   501,900,000            
Ending balance at Jun. 30, 2021 4,352 $ 5 $ (2,568)   1,044 6,492 (623) 2
Treasury stock, ending balance (in shares) at Jun. 30, 2021 [1]     27,700,000          
Beginning balance (in shares) at Mar. 31, 2021 [1]   501,900,000            
Beginning balance at Mar. 31, 2021 4,092 $ 5 $ (2,412)   1,030 6,099 (633) 3
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 511         512   (1)
Other comprehensive income/(loss), net of tax 10           10  
Treasury stock, beginning balance (in shares) at Mar. 31, 2021 [1]     26,900,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock acquired, shares [1]     (1,000,000.0) [2] (200,000)        
Share-based compensation awards [3] 24   $ 10   14      
Treasury stock acquired [2] (166)   (166)          
Dividends, Common Stock (119)         (119)    
Ending balance (in shares) at Jun. 30, 2021 [1]   501,900,000            
Ending balance at Jun. 30, 2021 $ 4,352 $ 5 $ (2,568)   1,044 6,492 (623) 2
Treasury stock, ending balance (in shares) at Jun. 30, 2021 [1]     27,700,000          
Beginning balance (in shares) at Dec. 31, 2021 501,891,243 501,900,000 [1]            
Beginning balance at Dec. 31, 2021 $ 4,544 $ 5 $ (2,952)   1,068 7,186 (764) 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 1,123         1,124   (1)
Other comprehensive income/(loss), net of tax $ 42           42  
Treasury stock, beginning balance (in shares) at Dec. 31, 2021 29,317,153   29,300,000 [1]          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock acquired, shares [1]     (4,500,000) [2] (500,000)        
Share-based compensation awards [3] $ (12)   $ (2)   (10)      
Treasury stock acquired [2] (812)   (812)          
Employee benefit plan contribution from Pfizer Inc. [4] 1       1      
Dividends, Common Stock $ (306)         (306)    
Ending balance (in shares) at Jun. 30, 2022 501,891,243 501,900,000 [1]            
Ending balance at Jun. 30, 2022 $ 4,580 $ 5 $ (3,766)   1,059 8,004 (722) 0
Treasury stock, ending balance (in shares) at Jun. 30, 2022 33,277,795   33,300,000 [1]          
Beginning balance (in shares) at Mar. 31, 2022 [1]   501,900,000            
Beginning balance at Mar. 31, 2022 $ 4,658 $ 5 $ (3,317)   1,046 7,628 (704) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 529         529   0
Other comprehensive income/(loss), net of tax (18)           (18)  
Treasury stock, beginning balance (in shares) at Mar. 31, 2022 [1]     30,700,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock acquired, shares [1]     (2,600,000) [2] 0        
Share-based compensation awards [3] 15   $ 2   13      
Treasury stock acquired [2] (451)   (451)          
Dividends, Common Stock $ (153)         (153)    
Ending balance (in shares) at Jun. 30, 2022 501,891,243 501,900,000 [1]            
Ending balance at Jun. 30, 2022 $ 4,580 $ 5 $ (3,766)   $ 1,059 $ 8,004 $ (722) $ 0
Treasury stock, ending balance (in shares) at Jun. 30, 2022 33,277,795   33,300,000 [1]          
[1] Shares may not add due to rounding.
[2] Reflects the acquisition of treasury shares in connection with the share repurchase program. For additional information, see Note 13. Stockholders' Equity.
[3] 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.
[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.