Revenue Revenue Recognition and Deferred Revenue (Tables)

9 Months Ended

Sep. 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				Nine Months Ended
	September 30,				September 30,
(MILLIONS OF DOLLARS)	2023		2022		2023		2022
United States	$	1,174	$	1,090	$	3,344	$	3,201
Australia	84		80		248		225
Brazil	101		70		276		233
Canada	63		56		183		172
Chile	31		31		109		106
China	69		92		255		291
France	34		28		102		91
Germany	50		43		148		132
Italy	26		24		87		86
Japan	34		37		120		137
Mexico	42		33		119		101
Spain	30		29		94		97
United Kingdom	78		59		209		174
Other developed markets	127		121		374		354
Other emerging markets	187		186		605		581
	2,130		1,979		6,273		5,981
Contract manufacturing & human health	21		23		58		59
Total Revenue	$	2,151	$	2,002	$	6,331	$	6,040

Revenue from External Customers by Major Species

Revenue by major species

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(MILLIONS OF DOLLARS)	2023		2022		2023		2022
U.S.
Companion animal	$	908	$	819	$	2,588	$	2,488
Livestock	266		271		756		713
	1,174		1,090		3,344		3,201
International
Companion animal	506		452		1,540		1,412
Livestock	450		437		1,389		1,368
	956		889		2,929		2,780
Total
Companion animal	1,414		1,271		4,128		3,900
Livestock	716		708		2,145		2,081
Contract manufacturing & human health	21		23		58		59
Total Revenue	$	2,151	$	2,002	$	6,331	$	6,040

Revenue from External Customers by Species

Revenue by species

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(MILLIONS OF DOLLARS)	2023		2022		2023		2022
Companion Animal:
Dogs and Cats	$	1,354	$	1,213	$	3,931	$	3,715
Horses	60		58		197		185
	1,414		1,271		4,128		3,900
Livestock:
Cattle	374		371		1,102		1,063
Swine	129		129		404		427
Poultry	127		116		397		361
Fish	57		60		158		151
Sheep and other	29		32		84		79
	716		708		2,145		2,081
Contract manufacturing & human health	21		23		58		59
Total Revenue	$	2,151	$	2,002	$	6,331	$	6,040

Schedule of Significant Product Revenues

Revenue by major product category

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(MILLIONS OF DOLLARS)	2023		2022		2023		2022
Parasiticides	$	465	$	422	$	1,465	$	1,417
Vaccines	449		449		1,308		1,300
Dermatology	397		348		1,048		978
Other pharmaceuticals	313		252		922		771
Anti-infectives	264		284		796		802
Animal health diagnostics	95		83		284		268
Medicated feed additives	86		78		257		261
Other non-pharmaceuticals	61		63		193		184
	2,130		1,979		6,273		5,981
Contract manufacturing & human health	21		23		58		59
Total Revenue	$	2,151	$	2,002	$	6,331	$	6,040