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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Revenues $ 9,256 $ 8,544 $ 8,080
Costs and expenses:      
Cost of Sales [1] 2,719 2,561 2,454
Selling, general and administrative expenses [1] 2,318 2,151 2,009
Research and development expenses [1] 686 614 539
Amortization of intangible assets 141 149 150
Interest expense, net of capitalized interest 225 239 221
Other (income)/deductions––net (19) (159) 40
Income before provision for taxes on income [2] 3,133 2,936 2,656
Provision for taxes on income 637 596 545
Net income before allocation to noncontrolling interests 2,496 2,340 2,111
Less: Net income/(loss) attributable to noncontrolling interests 10 (4) (3)
Net income attributable to Zoetis Inc. $ 2,486 $ 2,344 $ 2,114
Earnings per share attributable to Zoetis Inc. stockholders:      
Basic (in dollars per share) $ 5.47 $ 5.08 $ 4.51
Diluted (in dollars per share) $ 5.47 $ 5.07 $ 4.49
Weighted-average common shares outstanding:      
Basic (in shares) 454,200 461,172 468,891
Diluted (in shares) 454,848 462,269 470,385
Dividends declared per common share $ 1.796 $ 1.557 $ 1.350
Restructuring Charges And Acquisition And Divestiture Related Costs $ 53 $ 53 $ 11
[1] Exclusive of amortization of intangible assets, except as disclosed in Note 3. Significant Accounting Policies—Amortization of Intangible Assets, Depreciation and Certain Long-Lived Assets.
[2] Defined as income before provision for taxes on income.