v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 2,468 $ 2,474 [1] $ 4,730 $ 4,672 [2]
Costs and expenses:        
Cost of sales 673 664 [1] 1,314 1,282 [2]
Selling, general and administrative expenses 592 614 [1] 1,180 1,188 [2]
Research and development expenses 173 166 [1] 353 328 [2]
Amortization of intangible assets 31 33 [1] 62 65 [2]
Restructuring charges and certain acquisition and divestiture-related costs 77 30 [1] 99 30 [2]
Interest expense, net of capitalized interest 61 53 [1] 123 107 [2]
Other (income)/deductions—net (5) 2 [1] (25) (13) [2]
Income before provision for taxes on income 866 912 [1] 1,624 [3] 1,685 [2],[3]
Provision for taxes on income 175 186 [1] 332 357 [2]
Net income before allocation to noncontrolling interests 691 726 [4] 1,292 1,328 [5]
Less: Net income/(loss) attributable to noncontrolling interests 0 0 [1] 0 0 [2]
Net income attributable to Zoetis Inc. $ 691 $ 726 [1] $ 1,292 $ 1,328 [2]
Earnings per share attributable to Zoetis Inc. stockholders:        
Basic (in dollars per share) $ 1.65 $ 1.63 [1] $ 3.08 $ 2.98 [2]
Diluted (in dollars per share) $ 1.65 $ 1.63 [1] $ 3.08 $ 2.97 [2]
Weighted-average common shares outstanding:        
Basic (in shares) 417.6 445.1 [1] 419.9 446.3 [2]
Diluted (in shares) 417.7 445.5 [1] 420.1 446.7 [2]
Dividends paid per common share (in dollars per share) $ 0.530 $ 0.500 [1] $ 1.060 $ 1.000 [2]
[1] See Note 2. Basis of Presentation for further detail regarding the Fiscal Year Alignment.
[2] See Note 2. Basis of Presentation for further detail regarding the Fiscal Year Alignment.
[3] Defined as income before provision for taxes on income.
[4] See Note 2. Basis of Presentation for further detail regarding the Fiscal Year Alignment.
[5] See Note 2. Basis of Presentation for further detail regarding the Fiscal Year Alignment.