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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (PARENTHETICAL) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 28, 2020
Jun. 28, 2020
Jun. 30, 2019
TCJA impact [1],[2]   $ 0 $ (285)
Proceeds from issuance of long-term debt [1],[3]   16,606 $ 4,942
Subsidiaries [Member] | Upjohn Inc [Member]      
Proceeds from issuance of long-term debt $ 11,400 $ 11,400  
[1]
Amounts may not add due to rounding.
[2]
As a result of the enactment of the TCJA in December 2017, Pfizer’s Provision/(benefit) for taxes on income for the six months ended June 30, 2019 was favorably impacted by approximately $285 million, primarily as a result of additional guidance issued by the U.S. Department of Treasury.
[3]
Includes $11.4 billion of proceeds from the Upjohn long-term debt issuances in the second quarter of 2020, which are included in Restricted short-term investments in the condensed consolidated balance sheet. For additional information, see Notes 7A. Financial Instruments: Fair Value Measurements and Financial Instruments: 7D. Long-Term Debt).