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Segment, Geographic and Other Revenue Information - Schedule of Segment Reporting Information by Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Jun. 30, 2024
Jul. 02, 2023
Segment Reporting Information [Line Items]        
Revenues: $ 13,283 $ 13,007 $ 28,162 $ 31,492
Income/(loss) from continuing operations before provision/(benefit) for taxes on income/(loss) [1] (103) 2,269 3,318 8,539
Other Business Activities [Member]        
Segment Reporting Information [Line Items]        
Revenues: [2] 292 317 567 630
Income/(loss) from continuing operations before provision/(benefit) for taxes on income/(loss) [1],[2] (1,985) (910) (3,992) (2,225)
Reconciling Items [Member] | Amortization of Intangible Assets [Member]        
Segment Reporting Information [Line Items]        
Income/(loss) from continuing operations before provision/(benefit) for taxes on income/(loss) [1] (1,307) (1,184) (2,615) (2,287)
Reconciling Items [Member] | Acquisition-Related Items [Member]        
Segment Reporting Information [Line Items]        
Income/(loss) from continuing operations before provision/(benefit) for taxes on income/(loss) [1] (617) (387) (1,125) (550)
Reconciling Items [Member] | Certain Significant Items [Member]        
Segment Reporting Information [Line Items]        
Income/(loss) from continuing operations before provision/(benefit) for taxes on income/(loss) [1],[3] (2,091) (293) (2,469) (958)
Biopharma [Member]        
Segment Reporting Information [Line Items]        
Revenues: 12,991 12,690 27,595 30,863
Biopharma [Member] | Operating Segments [Member]        
Segment Reporting Information [Line Items]        
Revenues: [4] 12,991 12,690 27,595 30,863
Income/(loss) from continuing operations before provision/(benefit) for taxes on income/(loss) [1],[4] $ 5,897 $ 5,042 $ 13,519 $ 14,559
[1] Income/(loss) from continuing operations before provision/(benefit) for taxes on income/(loss). As described above, in connection with the organizational changes effective in the first quarter of 2024, costs associated with R&D and medical and safety activities managed by our global ORD and PRD organizations and overhead costs associated with our manufacturing operations are now included in Biopharma’s earnings. We have reclassified $2.0 billion and $3.4 billion of net costs in the second quarter and first six months of 2023, respectively, from Other business activities to Biopharma to conform to the current period presentation.
[2] Other business activities include revenues and costs associated with PC1 and Pfizer Ignite as well as costs that we do not allocate to our operating segments, per above.
[3] Certain significant items are substantive and/or unusual, and in some cases recurring, items (as noted above). Earnings in the second quarter and first six months of 2024 includes, among other items, restructuring charges/(credits) and implementation costs and additional depreciation—asset restructuring of $1.2 billion (primarily recorded in Restructuring charges and certain acquisition-related costs). See Note 3.
[4] Biopharma’s revenues and earnings in the first six months of 2024 reflect a non-cash favorable product return adjustment of $771 million recorded in the first quarter of 2024 (see Note 13C). Biopharma’s earnings also include dividend income from our investment in ViiV of $74 million in the second quarter of 2024 and $91 million in the second quarter of 2023, and $135 million in the first six months of 2024 and $183 million in the first six months of 2023.