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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Oct. 01, 2017
Sep. 30, 2018
Oct. 01, 2017
Income Statement [Abstract]        
Revenues [1] $ 13,298 $ 13,168 $ 39,670 $ 38,843
Costs and expenses:        
Cost of sales [1],[2] 2,694 2,844 8,173 7,972
Selling, informational and administrative expenses [1],[2] 3,494 3,504 10,448 10,249
Research and development expenses [1],[2] 2,008 1,865 5,549 5,367
Amortization of intangible assets [1] 1,253 1,177 3,640 3,571
Restructuring charges and certain acquisition-related costs [1] 85 114 172 267
Other (income)/deductions––net [1] (414) 79 (1,143) 65
Income from continuing operations before provision for taxes on income [1],[3] 4,177 3,585 12,831 11,351
Provision for taxes on income [1] 66 727 1,270 2,287
Income from continuing operations [1] 4,111 2,858 11,562 9,064
Discontinued operations––net of tax [1] 11 0 10 1
Net income before allocation to noncontrolling interests [1],[4],[5] 4,122 2,858 11,571 9,066
Less: Net income attributable to noncontrolling interests [1] 8 18 25 32
Net income attributable to Pfizer Inc. [1] $ 4,114 $ 2,840 $ 11,546 $ 9,034
Earnings per common share––basic:        
Income from continuing operations attributable to Pfizer Inc. common shareholders (in dollars per share) [1] $ 0.70 $ 0.48 $ 1.96 $ 1.51
Discontinued operations––net of tax (in dollars per share) [1] 0.00 0.00 0.00 0.00
Net income attributable to Pfizer Inc. common shareholders (in dollars per share) [1] 0.70 0.48 1.96 1.51
Earnings per common share––diluted:        
Income from continuing operations attributable to Pfizer Inc. common shareholders (in dollars per share) [1] 0.69 0.47 1.92 1.49
Discontinued operations––net of tax (in dollars per share) [1] 0.00 0.00 0.00 0.00
Net income attributable to Pfizer Inc. common shareholders (in dollars per share) [1] $ 0.69 $ 0.47 $ 1.92 $ 1.49
Weighted-average shares––basic [1] 5,875 5,951 5,899 5,972
Weighted-average shares––diluted [1] 5,986 6,041 5,998 6,057
Cash dividends paid per common share (in dollars per share) [1] $ 0.34 $ 0.32 $ 1.02 $ 0.96
[1] Amounts may not add due to rounding.
[2] Excludes amortization of intangible assets, except as disclosed in Note 9A. Identifiable Intangible Assets and Goodwill: Identifiable Intangible Assets.
[3] Income from continuing operations before provision for taxes on income. IH’s earnings include dividend income of $91 million and $54 million in the third quarter of 2018 and 2017, respectively, and $226 million and $211 million in the first nine months of 2018 and 2017, respectively, from our investment in ViiV. For additional information, see Note 4.
[4] Amounts may not add due to rounding.
[5] Amounts may not add due to rounding.