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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net income before allocation to noncontrolling interests $ 528 $ 552 $ 1,651 $ 1,621
Other comprehensive (loss)/income, net of tax(a):        
Foreign currency translation adjustments [1] (156) (61) (208) 9
Benefit plans: Actuarial gain, net of tax(b) [1],[2] 0 0 1 0
Other comprehensive income/(loss), net of tax (87) (44) (45) 63
Comprehensive income before allocation to noncontrolling interests 441 508 1,606 1,684
Less: Comprehensive loss attributable to noncontrolling interests (1) 0 (2) (2)
Comprehensive income attributable to Zoetis Inc. 442 508 1,608 1,686
Cash Flow Hedging        
Other comprehensive (loss)/income, net of tax(a):        
Unrealized gains on derivatives for cash flow hedges, net and net investment hedges [1] 30 1 78 21
Net Investment Hedging        
Other comprehensive (loss)/income, net of tax(a):        
Unrealized gains on derivatives for cash flow hedges, net and net investment hedges [1] $ 39 $ 16 $ 84 $ 33
[1] Presented net of reclassification adjustments, which are not significant in any period presented.
[2] Presented net of tax impacts, which are not significant in any period presented.