Revenue Revenue Recognition and Deferred Revenue (Tables)

6 Months Ended

Jun. 30, 2023

Revenue Recognition and Deferred Revenue [Abstract]

Revenue from External Customers by Geographic Areas

The following tables present our revenue disaggregated by geographic area, species and major product category:

Revenue by geographic area

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(MILLIONS OF DOLLARS)	2023		2022		2023		2022
United States	$	1,165	$	1,091	$	2,170	$	2,111
Australia	82		80		164		145
Brazil	91		86		175		163
Canada	70		67		120		116
Chile	39		34		78		75
China	84		96		186		199
France	34		31		68		63
Germany	53		46		98		89
Italy	35		32		61		62
Japan	47		41		86		100
Mexico	38		33		77		68
Spain	31		35		64		68
United Kingdom	63		51		131		115
Other developed markets	125		118		247		233
Other emerging markets	203		193		418		395
	2,160		2,034		4,143		4,002
Contract manufacturing & human health	20		18		37		36
Total Revenue	$	2,180	$	2,052	$	4,180	$	4,038

Revenue from External Customers by Major Species

Revenue by major species

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(MILLIONS OF DOLLARS)	2023		2022		2023		2022
U.S.
Companion animal	$	959	$	895	$	1,680	$	1,669
Livestock	206		196		490		442
	1,165		1,091		2,170		2,111
International
Companion animal	530		471		1,034		960
Livestock	465		472		939		931
	995		943		1,973		1,891
Total
Companion animal	1,489		1,366		2,714		2,629
Livestock	671		668		1,429		1,373
Contract manufacturing & human health	20		18		37		36
Total Revenue	$	2,180	$	2,052	$	4,180	$	4,038

Revenue from External Customers by Species

Revenue by species

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(MILLIONS OF DOLLARS)	2023		2022		2023		2022
Companion Animal:
Dogs and Cats	$	1,424	$	1,303	$	2,577	$	2,502
Horses	65		63		137		127
	1,489		1,366		2,714		2,629
Livestock:
Cattle	329		328		728		692
Swine	133		144		275		298
Poultry	131		121		270		245
Fish	52		47		101		91
Sheep and other	26		28		55		47
	671		668		1,429		1,373
Contract manufacturing & human health	20		18		37		36
Total Revenue	$	2,180	$	2,052	$	4,180	$	4,038

Schedule of Significant Product Revenues

Revenue by major product category

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(MILLIONS OF DOLLARS)	2023		2022		2023		2022
Parasiticides	$	568	$	536	$	1,000	$	995
Vaccines	430		446		859		851
Dermatology	359		319		651		630
Other pharmaceuticals	315		265		609		519
Anti-infectives	244		233		532		518
Animal health diagnostics	96		87		189		185
Medicated feed additives	84		85		171		183
Other non-pharmaceuticals	64		63		132		121
	2,160		2,034		4,143		4,002
Contract manufacturing & human health	20		18		37		36
Total Revenue	$	2,180	$	2,052	$	4,180	$	4,038