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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Preferred Stock [Member]
Common Stock [Member]
Add'l Paid-in Capital [Member]
Treasury Stock [Member]
Retained Earnings [Member]
Accum. Other Comp. Loss [Member]
Shareholders' Equity [Member]
Noncontrolling Interests [Member]
Beginning balance (in shares) at Dec. 31, 2018 [1]   478 9,332,000,000   3,615,000,000        
Beginning balance at Dec. 31, 2018 [1] $ 63,758 $ 19 $ 467 $ 86,253 $ (101,610) $ 89,554 $ (11,275) $ 63,407 $ 351
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income [1] 8,945 [2],[3],[4]         8,929   8,929 15
Other comprehensive income/(loss), net of tax [1] (262) [2]           (260) (260) (2)
Cash dividends declared:                  
Common stock [1] (4,062)         (4,062)   (4,062)  
Preferred stock [1] (1)         (1)   (1)  
Noncontrolling interests [1] (8)               (8)
Share-based payment transactions (in shares) [1]     31,000,000   7,000,000        
Share-based payment transactions [1] 402   $ 2 712 $ (312)     402  
Purchases of common stock (in shares) [1]         (180,000,000)        
Purchases of common stock [1] (8,865)       $ (8,865)     (8,865)  
Preferred stock conversions and redemptions (in shares) [1]   (20)              
Preferred stock conversions and redemptions [1] (2) $ (1)   (1)       (2)  
Other [1],[5] 19         19   19  
Ending balance (in shares) at Jun. 30, 2019 [1]   458 9,363,000,000   3,801,000,000        
Ending balance at Jun. 30, 2019 [1] 59,924 $ 18 $ 468 86,963 $ (110,786) 94,440 (11,535) 59,568 357
Beginning balance (in shares) at Mar. 31, 2019 [1]   466 9,358,000,000   3,801,000,000        
Beginning balance at Mar. 31, 2019 [1] 59,158 $ 19 $ 468 86,635 $ (110,781) 93,388 (10,923) 58,806 352
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income [1] 5,056 [2],[3],[4]         5,046   5,046 10
Other comprehensive income/(loss), net of tax [1] (610) [2]           (613) (613) 3
Cash dividends declared:                  
Common stock [1] (3,994)         (3,994)   (3,994)  
Preferred stock [1] 0         0   0  
Noncontrolling interests [1] (8)               (8)
Share-based payment transactions (in shares) [1]     5,000,000            
Share-based payment transactions [1] 324   $ 0 329 $ (6)     324  
Purchases of common stock (in shares) [1]         0        
Purchases of common stock [1] 0       $ 0     0  
Preferred stock conversions and redemptions (in shares) [1]   (8)              
Preferred stock conversions and redemptions [1] (1) $ 0   (1)       (1)  
Other [1] 0         0   0  
Ending balance (in shares) at Jun. 30, 2019 [1]   458 9,363,000,000   3,801,000,000        
Ending balance at Jun. 30, 2019 [1] 59,924 $ 18 $ 468 86,963 $ (110,786) 94,440 (11,535) 59,568 357
Beginning balance (in shares) at Dec. 31, 2019 [1]   431 9,369,000,000   3,835,000,000        
Beginning balance at Dec. 31, 2019 [1] 63,447 [6] $ 17 $ 468 87,428 $ (110,801) 97,670 (11,640) 63,143 303
Beginning balance (in shares) at Dec. 31, 2019 [1]   431 9,369,000,000   3,835,000,000        
Beginning balance at Dec. 31, 2019 [1] 63,447 [6] $ 17 $ 468 87,428 $ (110,801) 97,670 (11,640) 63,143 303
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income [1] 6,845 [2],[3],[4]         6,828   6,828 17
Other comprehensive income/(loss), net of tax [1] (1,617) [2]           (1,605) (1,605) (12)
Cash dividends declared:                  
Common stock [1] (4,294)         (4,294)   (4,294)  
Preferred stock [1] 0         0   0  
Noncontrolling interests [1] (80)               (80)
Share-based payment transactions (in shares) [1]     25,000,000   6,000,000        
Share-based payment transactions [1] 266   $ 1 473 $ (208)     266  
Purchases of common stock (in shares) [1]         0        
Purchases of common stock [1] 0       $ 0        
Preferred stock conversions and redemptions (in shares) [1],[7]   (431)     (1,000,000)        
Preferred stock conversions and redemptions [1],[7] (1) $ (17)   (15) $ 31     (1)  
Other (in shares) [1]         0        
Other [1] 0     0   0   0 0
Ending balance (in shares) at Jun. 28, 2020 [1]   0 9,394,000,000   3,840,000,000        
Ending balance at Jun. 28, 2020 [1] 64,564 [6] $ 0 $ 470 87,886 $ (110,978) 100,203 (13,246) 64,336 228
Beginning balance (in shares) at Mar. 29, 2020 [1]   417 9,393,000,000   3,841,000,000        
Beginning balance at Mar. 29, 2020 [1] 65,338 $ 17 $ 470 87,680 $ (111,010) 101,000 (13,131) 65,026 312
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income [1] 3,434 [2],[3],[4]         3,426   3,426 8
Other comprehensive income/(loss), net of tax [1] (127) [2]           (115) (115) (12)
Cash dividends declared:                  
Common stock [1] (4,223)         (4,223)   (4,223)  
Preferred stock [1] 0         0   0  
Noncontrolling interests [1] (80)               (80)
Share-based payment transactions (in shares) [1]     2,000,000   0        
Share-based payment transactions [1] 222   $ 0 221 $ 1     222  
Purchases of common stock (in shares) [1]         0        
Purchases of common stock [1] 0       $ 0     0  
Preferred stock conversions and redemptions (in shares) [1],[7]   (417)     (1,000,000)        
Preferred stock conversions and redemptions [1],[7] 0 $ (17)   (14) $ 31     0  
Other [1] 0         0   0 0
Ending balance (in shares) at Jun. 28, 2020 [1]   0 9,394,000,000   3,840,000,000        
Ending balance at Jun. 28, 2020 [1] $ 64,564 [6] $ 0 $ 470 $ 87,886 $ (110,978) $ 100,203 $ (13,246) $ 64,336 $ 228
[1]
Amounts may not add due to rounding.
[2]
Amounts may not add due to rounding.
[3]
Amounts may not add due to rounding.
[4]
Amounts may not add due to rounding.
[5]
The increase to Retained earnings represents the cumulative effect of the adoption of a new accounting standard in the first quarter of 2019 for leases. For additional information, see Notes to Consolidated Financial Statements––Note 1B. Basis of Presentation and Significant Accounting Policies: Adoption of New Accounting Standards in 2019 in our 2019 Financial Report.
[6]
Amounts may not add due to rounding.
[7]  
On May 4, 2020, all outstanding shares of Pfizer’s Series A convertible perpetual preferred stock were converted into shares of Pfizer common stock. See Note 11. Equity for additional information.