v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Treasury Stock
Share Repurchase Program
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Equity Attributable to Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2024 [1]   501,900,000            
Beginning balance at Dec. 31, 2024 [1] $ 4,844 $ 5 $ (7,445)   $ 1,182 $ 12,112 $ (1,010) $ 0
Treasury stock, beginning balance (in shares) at Dec. 31, 2024 [1]     53,400,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,328 [2]         1,328   0
Other comprehensive (loss)/income, net of tax 192 [3],[4]           192  
Share-based compensation awards (in shares) [5]       (300,000)        
Share-based compensation awards [5] 28   $ 7   21 0    
Treasury stock acquired, shares [6]     4,800,000          
Treasury stock acquired [6] (788)   $ (788)          
Dividends declared (445)         (445)    
Ending balance (in shares) at Jun. 30, 2025 [1],[7]   501,900,000            
Ending balance at Jun. 30, 2025 [1],[7] 5,159 $ 5 $ (8,226)   1,203 12,995 (818) 0
Treasury stock, ending balance (in shares) at Jun. 30, 2025 [1],[7]     57,900,000          
Beginning balance (in shares) at Mar. 31, 2025 [7]   501,900,000            
Beginning balance at Mar. 31, 2025 [7] 4,865 $ 5 $ (7,888)   1,180 12,490 (922) 0
Treasury stock, beginning balance (in shares) at Mar. 31, 2025 [7]     55,800,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 726 [4]         726   0
Other comprehensive (loss)/income, net of tax 104 [3],[4]           104  
Share-based compensation awards [8] 26   $ 3   23 0    
Treasury stock acquired, shares     2,100,000 [9] 0 [8]        
Treasury stock acquired [9] (341)   $ (341)          
Dividends declared (221)         (221)    
Ending balance (in shares) at Jun. 30, 2025 [1],[7]   501,900,000            
Ending balance at Jun. 30, 2025 [1],[7] $ 5,159 $ 5 $ (8,226)   1,203 12,995 (818) 0
Treasury stock, ending balance (in shares) at Jun. 30, 2025 [1],[7]     57,900,000          
Beginning balance (in shares) at Dec. 31, 2025 501,891,243 501,900,000 [1]            
Beginning balance at Dec. 31, 2025 [1] $ 3,415 [10] $ 5 $ (10,685)   1,101 13,798 (804) 0
Treasury stock, beginning balance (in shares) at Dec. 31, 2025 76,963,708   77,000,000.0 [1]          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income $ 1,292         1,292    
Other comprehensive (loss)/income, net of tax 8 [3]           8  
Share-based compensation awards (in shares) [5]       (300,000)        
Share-based compensation awards [5] 39   $ 10   30 (1)    
Treasury stock acquired, shares [6]     11,000,000.0          
Treasury stock acquired [6] (1,170)   $ (1,170)          
Dividends declared $ (436)         (436)    
Ending balance (in shares) at Jun. 30, 2026 501,891,243 501,900,000            
Ending balance at Jun. 30, 2026 $ 3,148 $ 5 $ (11,845)   1,131 14,653 (796) 0
Treasury stock, ending balance (in shares) at Jun. 30, 2026 87,737,197   87,700,000          
Beginning balance (in shares) at Mar. 31, 2026   501,900,000            
Beginning balance at Mar. 31, 2026 $ 3,233 $ 5 $ (11,288)   1,105 14,183 (772) 0
Treasury stock, beginning balance (in shares) at Mar. 31, 2026     81,500,000          
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 691         691    
Other comprehensive (loss)/income, net of tax (24) [3]           (24)  
Share-based compensation awards [8] 26   $ 1   26 (1)    
Treasury stock acquired, shares     6,200,000 [9] 0 [8]        
Treasury stock acquired [9] (558)   $ (558)          
Dividends declared $ (220)         (220)    
Ending balance (in shares) at Jun. 30, 2026 501,891,243 501,900,000            
Ending balance at Jun. 30, 2026 $ 3,148 $ 5 $ (11,845)   $ 1,131 $ 14,653 $ (796) $ 0
Treasury stock, ending balance (in shares) at Jun. 30, 2026 87,737,197   87,700,000          
[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] Presented net of reclassification adjustments, which are not material in any period presented.
[4] See Note 2. Basis of Presentation for further detail regarding the Fiscal Year Alignment.
[5] Includes the issuance of shares of Zoetis Inc. common stock and the reacquisition of shares of treasury stock associated with exercises of employee share-based awards. Also includes the reacquisition of shares of treasury stock associated with the vesting of employee share-based awards to satisfy tax withholding requirements. For additional information, see Note 12. Share-based Payments and Note 13. Stockholders’ Equity.
[6] Reflects the acquisition of treasury shares in connection with the share repurchase program and includes excise tax accrued on net share repurchases. For additional information, see Note 13. Stockholders’ Equity.
[7] See Note 2. Basis of Presentation for further detail regarding the Fiscal Year Alignment.
[8] Includes the issuance of shares of Zoetis Inc. common stock and the reacquisition of shares of treasury stock associated with exercises of employee share-based awards. Also includes the reacquisition of shares of treasury stock associated with the vesting of employee share-based awards to satisfy tax withholding requirements. For additional information, see Note 12. Share-based Payments and Note 13. Stockholders’ Equity.
[9] Reflects the acquisition of treasury shares in connection with the share repurchase program and includes excise tax accrued on net share repurchases. For additional information, see Note 13. Stockholders’ Equity.
[10] See Note 2. Basis of Presentation for further detail regarding the Fiscal Year Alignment.