XML 187 R130.htm IDEA: XBRL DOCUMENT v3.10.0.1
Pension and Postretirement Benefit Plans and Defined Contribution Plans - Long-term Target Asset Allocations Ranges and the Percentage of the Fair Value of Plan Assets (Detail) - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Postretirement Benefits Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 100.00%    
Equity and debt securities, percentage of plan assets 100.00% 100.00%  
Plan assets [2] $ 469 [1] $ 494 [1] $ 458
Cash and Cash Equivalents [Member] | Postretirement Benefits Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, percentage of plan assets 0.00% 0.00%  
Plan assets [1] $ 0 $ 0  
Equity Securities [Member] | Postretirement Benefits Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 0.00%    
Equity and debt securities, percentage of plan assets 0.00% 0.00%  
Fixed Income Securities [Member] | Postretirement Benefits Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 0.00%    
Equity and debt securities, percentage of plan assets 0.00% 0.00%  
Plan assets [1] $ 0 $ 0  
Other Investments [Member] | Postretirement Benefits Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, percentage of plan assets 100.00% 100.00%  
Insurance Contracts [Member] | Postretirement Benefits Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Plan assets [1] $ 469 $ 494  
United States [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 100.00%    
Equity and debt securities, percentage of plan assets 100.00% 100.00%  
Plan assets [3] $ 13,051 $ 14,284 12,556
United States [Member] | Cash and Cash Equivalents [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, percentage of plan assets 3.40% 4.60%  
Plan assets $ 443 $ 655  
United States [Member] | Equity Securities [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, percentage of plan assets 31.30% 37.50%  
Plan assets $ 177 $ 253  
United States [Member] | Fixed Income Securities [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, percentage of plan assets 47.10% 39.60%  
Plan assets $ 96 $ 94  
United States [Member] | Other Investments [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, percentage of plan assets [4] 18.20% 18.30%  
United States [Member] | Insurance Contracts [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Plan assets $ 192 $ 215  
Foreign Plan [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 100.00%    
Equity and debt securities, percentage of plan assets 100.00% 100.00%  
Plan assets [5] $ 8,215 $ 8,863 $ 7,683
Foreign Plan [Member] | Cash and Cash Equivalents [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, percentage of plan assets 3.00% 4.30%  
Plan assets $ 246 $ 385  
Foreign Plan [Member] | Equity Securities [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, percentage of plan assets 22.90% 34.40%  
Foreign Plan [Member] | Fixed Income Securities [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, percentage of plan assets 46.30% 39.30%  
Plan assets $ 1,770 $ 2,181  
Foreign Plan [Member] | Other Investments [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, percentage of plan assets 27.90% 21.90%  
Foreign Plan [Member] | Insurance Contracts [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Plan assets [6] $ 759 $ 496  
Minimum [Member] | Cash and Cash Equivalents [Member] | Postretirement Benefits Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 0.00%    
Minimum [Member] | Other Investments [Member] | Postretirement Benefits Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 95.00%    
Minimum [Member] | United States [Member] | Cash and Cash Equivalents [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 0.00%    
Minimum [Member] | United States [Member] | Equity Securities [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 35.00%    
Minimum [Member] | United States [Member] | Fixed Income Securities [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 28.00%    
Minimum [Member] | United States [Member] | Other Investments [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage [4] 5.00%    
Minimum [Member] | Foreign Plan [Member] | Cash and Cash Equivalents [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 0.00%    
Minimum [Member] | Foreign Plan [Member] | Equity Securities [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 20.00%    
Minimum [Member] | Foreign Plan [Member] | Fixed Income Securities [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 35.00%    
Minimum [Member] | Foreign Plan [Member] | Other Investments [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 10.00%    
Maximum [Member] | Cash and Cash Equivalents [Member] | Postretirement Benefits Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 5.00%    
Maximum [Member] | Other Investments [Member] | Postretirement Benefits Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 100.00%    
Maximum [Member] | United States [Member] | Cash and Cash Equivalents [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 10.00%    
Maximum [Member] | United States [Member] | Equity Securities [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 55.00%    
Maximum [Member] | United States [Member] | Fixed Income Securities [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 53.00%    
Maximum [Member] | United States [Member] | Other Investments [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage [4] 20.00%    
Maximum [Member] | Foreign Plan [Member] | Cash and Cash Equivalents [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 10.00%    
Maximum [Member] | Foreign Plan [Member] | Equity Securities [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 40.00%    
Maximum [Member] | Foreign Plan [Member] | Fixed Income Securities [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 60.00%    
Maximum [Member] | Foreign Plan [Member] | Other Investments [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Equity and debt securities, target allocation percentage 35.00%    
[1] Reflects postretirement plan assets, which support a portion of our U.S. retiree medical plans.
[2] The favorable change in the funded status of our postretirement plans was primarily due to an increase in the discount rate at the end of 2018, partially offset by a decrease in actual return on plan assets.
[3] The favorable change in the funded status of our U.S. qualified plans was primarily due to an increase in the discount rate at the end of 2018, partially offset by a decrease in actual return on plan assets.
[4] Actual percentage of plan assets in Other investments for 2018 includes $192 million, as compared to $215 million in 2017, related to a group fixed annuity insurance contract that was executed by legacy Wyeth for certain members of its defined benefit plans prior to Pfizer acquiring the company in 2009, and $177 million in 2018, as compared to $253 million in 2017, related to an investment in a partnership whose primary holdings are public equity securities.
[5] The favorable change in the international plans’ funded status was primarily due to favorable currency movements, partially offset by a decrease in the actual return on plan assets.
[6] See below for a tabular analysis of the changes in Level 3 investments valued using significant unobservable inputs.