XML 51 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Revenues [1] $ 48,851 $ 49,605 $ 51,584
Costs and expenses:      
Cost of sales [1],[2] 9,648 9,577 9,586
Selling, informational and administrative expenses [1],[2] 14,809 14,097 14,355
Research and development expenses [1],[2] 7,690 8,393 6,678
Amortization of intangible assets [1] 3,728 4,039 4,599
Restructuring charges and certain acquisition-related costs [1] 1,152 250 1,182
Other (income)/deductions––net [1] 2,860 1,009 (532)
Income from continuing operations before provision for taxes on income [1],[3] 8,965 12,240 15,716
Provision for taxes on income [1] 1,990 3,120 4,306
Income from continuing operations [1] 6,975 9,119 11,410
Discontinued operations:      
Income from discontinued operations––net of tax [1],[4] 17 (6) 308
Gain/(loss) on disposal of discontinued operations––net of tax [1],[4] (6) 55 10,354
Discontinued operations––net of tax [1],[4] 11 48 10,662
Net income before allocation to noncontrolling interests [1],[5],[6],[7] 6,986 9,168 22,072
Less: Net income attributable to noncontrolling interests [1] 26 32 69
Net income attributable to Pfizer Inc. [1] $ 6,960 $ 9,135 $ 22,003
Earnings per common share––basic:      
Income from continuing operations attributable to Pfizer Inc. common shareholders (in dollars per share) [1] $ 1.13 $ 1.43 $ 1.67
Discontinued operations––net of tax (in dollars per share) [1] 0.00 0.01 1.56
Net income attributable to Pfizer Inc. common shareholders (in dollars per share) [1] 1.13 1.44 3.23
Earnings per common share––diluted:      
Income from continuing operations attributable to Pfizer Inc. common shareholders (in dollars per share) [1] 1.11 1.41 1.65
Discontinued operations––net of tax (in dollars per share) [1] 0.00 0.01 1.54
Net income attributable to Pfizer Inc. common shareholders (in dollars per share) [1] $ 1.11 $ 1.42 $ 3.19
Weighted-average shares––basic [1] 6,176 6,346 6,813
Weighted-average shares––diluted [1] 6,257 6,424 6,895
Cash dividends paid per common share (in dollars per share) [1] $ 1.12 $ 1.04 $ 0.96
[1] Amounts may not add due to rounding.
[2] Exclusive of amortization of intangible assets, except as disclosed in Note 1K. Basis of Presentation and Significant Accounting Policies: Amortization of Intangible Assets, Depreciation and Certain Long-Lived Assets.
[3] Income from continuing operations before provision for taxes on income.
[4] Includes the Animal Health (Zoetis) business through June 24, 2013, the date of disposal.
[5] Amounts may not add due to rounding.
[6] Amounts may not add due to rounding.
[7] Amounts may not add due to rounding.