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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 1,223         1,223   0
Other comprehensive (loss)/income, net of tax (6)           (6)  
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]     5,000,000.0 [2] 500,000        
Share-based compensation awards [3] 26   $ 13   13 0    
Treasury stock acquired [2] (880)   (880)          
Dividends, Common Stock (394)         (394)    
Ending balance (in shares) at Jun. 30, 2024 [1]   501,900,000            
Ending balance at Jun. 30, 2024 4,960 $ 5 $ (6,464)   1,146 11,124 (845) (6)
Treasury stock, ending balance (in shares) at Jun. 30, 2024 [1]     48,000,000.0          
Beginning balance (in shares) at Mar. 31, 2024 [1]   501,900,000            
Beginning balance at Mar. 31, 2024 5,052 $ 5 $ (5,928)   1,126 10,696 (841) (6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 624         624   0
Other comprehensive (loss)/income, net of tax (4)           (4)  
Treasury stock, beginning balance (in shares) at Mar. 31, 2024 [1]     44,900,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock acquired, shares [1]     3,200,000 [2] 100,000        
Share-based compensation awards [3] 22   $ 2   20 0    
Treasury stock acquired [2] (538)   (538)          
Dividends, Common Stock (196)         (196)    
Ending balance (in shares) at Jun. 30, 2024 [1]   501,900,000            
Ending balance at Jun. 30, 2024 $ 4,960 $ 5 $ (6,464)   1,146 11,124 (845) (6)
Treasury stock, ending balance (in shares) at Jun. 30, 2024 [1]     48,000,000.0          
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 1,349         1,349   0
Other comprehensive (loss)/income, net of tax $ 63           63  
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]     4,800,000 [2] 300,000        
Share-based compensation awards [3] $ 28   $ 7   21 0    
Treasury stock acquired [2] (788)   (788)          
Dividends, Common Stock $ (445)         (445)    
Ending balance (in shares) at Jun. 30, 2025 501,891,243 501,900,000 [1]            
Ending balance at Jun. 30, 2025 $ 4,977 $ 5 $ (8,226)   1,203 12,872 (877) 0
Treasury stock, ending balance (in shares) at Jun. 30, 2025 57,945,650   57,900,000 [1]          
Beginning balance (in shares) at Mar. 31, 2025 [1]   501,900,000            
Beginning balance at Mar. 31, 2025 $ 4,655 $ 5 $ (7,888)   1,180 12,375 (1,017) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 718         718   0
Other comprehensive (loss)/income, net of tax 140           140  
Treasury stock, beginning balance (in shares) at Mar. 31, 2025 [1]     55,800,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock acquired, shares [1]     2,100,000 [2] 0        
Share-based compensation awards [3] 26   $ 3   23 0    
Treasury stock acquired [2] (341)   (341)          
Dividends, Common Stock $ (221)         (221)    
Ending balance (in shares) at Jun. 30, 2025 501,891,243 501,900,000 [1]            
Ending balance at Jun. 30, 2025 $ 4,977 $ 5 $ (8,226)   $ 1,203 $ 12,872 $ (877) $ 0
Treasury stock, ending balance (in shares) at Jun. 30, 2025 57,945,650   57,900,000 [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.