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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Jun. 30, 2024
Jul. 02, 2023
Statement of Comprehensive Income [Abstract]        
Net income before allocation to noncontrolling interests $ 48 $ 2,338 $ 3,171 $ 7,894
Foreign currency translation adjustments, net (70) 242 70 343
Unrealized holding gains/(losses) on derivative financial instruments, net 127 109 343 112
Reclassification adjustments for (gains)/losses included in net income [1] (147) (163) (159) 140
Other comprehensive income, cash flow hedge, gain (loss), before tax, total (21) (54) 184 251
Unrealized holding gains/(losses) on available-for-sale securities, net (25) 26 (77) 113
Reclassification adjustments for (gains)/losses included in net income/(loss) [2] 100 16 86 (493)
Other comprehensive income (loss), available-for-sale securities, before tax, total 74 42 9 (379)
Reclassification adjustments related to amortization of prior service costs and other, net (28) (30) (56) (59)
Reclassification adjustments related to curtailments of prior service costs and other, net 0 (7) 0 (12)
Defined benefit plan, amounts recognized in other comprehensive income (loss), net prior service costs and other, before tax (28) (37) (56) (72)
Other comprehensive income/(loss), before tax (44) 193 207 143
Tax provision/(benefit) on other comprehensive income/(loss) 22 9 76 (53)
Other comprehensive income/(loss) before allocation to noncontrolling interests (67) 184 131 196
Comprehensive income/(loss) before allocation to noncontrolling interests (19) 2,522 3,302 8,091
Less: Comprehensive income/(loss) attributable to noncontrolling interests (2) 8 1 18
Comprehensive income/(loss) attributable to Pfizer Inc. $ (17) $ 2,514 $ 3,302 $ 8,072
[1] Reclassified into Other (income)/deductions—net and Cost of sales. See Note 7E.
[2] Reclassified into Other (income)/deductions—net.