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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 1,621         1,623   (2)
Other comprehensive income/(loss), net of tax 63           63  
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]     (3,100,000) [2] (1,200,000)        
Share-based compensation awards [3] 5   $ 16   (11) 0    
Treasury stock acquired [2] (545)   (545)          
Employee benefit plan contribution from Pfizer Inc. [4] 2       2      
Dividends, Common Stock (238)         (238)    
Ending balance (in shares) at Sep. 30, 2021 [1]   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 [1]     28,500,000          
Beginning balance (in shares) at Jun. 30, 2021 [1]   501,900,000            
Beginning balance at Jun. 30, 2021 4,352 $ 5 $ (2,568)   1,044 6,492 (623) 2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 552         552   0
Other comprehensive income/(loss), net of tax (44)           (44)  
Treasury stock, beginning balance (in shares) at Jun. 30, 2021 [1]     27,700,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock acquired, shares [1]     (1,000,000.0) [2] (200,000)        
Share-based compensation awards [3] 18   $ 7   11      
Treasury stock acquired [2] (198)   (198)          
Employee benefit plan contribution from Pfizer Inc. [5] 1       1      
Ending balance (in shares) at Sep. 30, 2021 [1]   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 [1]     28,500,000          
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 1,651         1,653   (2)
Other comprehensive income/(loss), net of tax $ (45)           (45)  
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]     (6,700,000) [2] (600,000)        
Share-based compensation awards [3] $ 5   $ 2   3      
Treasury stock acquired [2] (1,189)   (1,189)          
Employee benefit plan contribution from Pfizer Inc. [4] 2       2      
Dividends, Common Stock $ (306)         (306)    
Ending balance (in shares) at Sep. 30, 2022 501,891,243 501,900,000 [1]            
Ending balance at Sep. 30, 2022 $ 4,662 $ 5 $ (4,139)   1,073 8,533 (809) (1)
Treasury stock, ending balance (in shares) at Sep. 30, 2022 35,449,148   35,400,000 [1]          
Beginning balance (in shares) at Jun. 30, 2022 [1]   501,900,000            
Beginning balance at Jun. 30, 2022 $ 4,580 $ 5 $ (3,766)   1,059 8,004 (722) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 528         529   (1)
Other comprehensive income/(loss), net of tax (87)           (87)  
Treasury stock, beginning balance (in shares) at Jun. 30, 2022 [1]     33,300,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock acquired, shares [1]     (2,200,000) [2] (100,000)        
Share-based compensation awards [3] 17   $ 4   13      
Treasury stock acquired [2] (377)   (377)          
Employee benefit plan contribution from Pfizer Inc. [5] $ 1       1      
Ending balance (in shares) at Sep. 30, 2022 501,891,243 501,900,000 [1]            
Ending balance at Sep. 30, 2022 $ 4,662 $ 5 $ (4,139)   $ 1,073 $ 8,533 $ (809) $ (1)
Treasury stock, ending balance (in shares) at Sep. 30, 2022 35,449,148   35,400,000 [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.
[5] 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.