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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, 2023 [1]   501,900,000            
Beginning balance at Dec. 31, 2023 $ 4,991 $ 5 $ (5,597)   $ 1,133 $ 10,295 $ (839) $ (6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 599         599   0
Other comprehensive loss, net of tax (2)           (2)  
Treasury stock, beginning balance (in shares) at Dec. 31, 2023 [1]     43,500,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock acquired, shares [1]     1,800,000 [2] 400,000        
Share-based compensation awards [3] 4   $ 11   (7) 0    
Treasury stock acquired [2] (342)   (342)          
Dividends, Common Stock (198)         (198)    
Ending balance (in shares) at Mar. 31, 2024 [1]   501,900,000            
Ending balance at Mar. 31, 2024 $ 5,052 $ 5 $ (5,928)   1,126 10,696 (841) (6)
Treasury stock, ending balance (in shares) at Mar. 31, 2024 [1]     44,900,000          
Beginning balance (in shares) at Dec. 31, 2024 501,891,243 501,900,000 [1]            
Beginning balance at Dec. 31, 2024 $ 4,770 $ 5 $ (7,445)   1,182 11,968 (940) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 631         631   0
Other comprehensive loss, net of tax $ (77)           (77)  
Treasury stock, beginning balance (in shares) at Dec. 31, 2024 53,418,170   53,400,000 [1]          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock acquired, shares [1]     2,700,000 [2] 300,000        
Share-based compensation awards [3] $ 2   $ 4   (2) 0    
Treasury stock acquired [2] (447)   (447)          
Dividends, Common Stock $ (224)         (224)    
Ending balance (in shares) at Mar. 31, 2025 501,891,243 501,900,000 [1]            
Ending balance at Mar. 31, 2025 $ 4,655 $ 5 $ (7,888)   $ 1,180 $ 12,375 $ (1,017) $ 0
Treasury stock, ending balance (in shares) at Mar. 31, 2025 55,851,038   55,800,000 [1]          
[1]
Shares may not add due to rounding.
[2] Reflects the acquisition of treasury shares in connection with the share repurchase program and includes excise tax accrued on net share repurchases. 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.