2015 Q4 Form 10-Q Financial Statement
#000155528015000245 Filed on November 05, 2015
Income Statement
Concept | 2015 Q4 | 2015 Q3 | 2014 Q3 |
---|---|---|---|
Revenue | $1.274B | $1.214B | $1.210B |
YoY Change | -3.48% | 0.33% | 9.7% |
Cost Of Revenue | $491.0M | $421.0M | $434.0M |
YoY Change | 2.29% | -3.0% | 12.73% |
Gross Profit | $783.0M | $793.0M | $776.0M |
YoY Change | -6.79% | 2.19% | 8.08% |
Gross Profit Margin | 61.46% | 65.32% | 64.13% |
Selling, General & Admin | $425.0M | $374.0M | $394.0M |
YoY Change | -14.49% | -5.08% | -1.25% |
% of Gross Profit | 54.28% | 47.16% | 50.77% |
Research & Development | $109.0M | $91.00M | $93.00M |
YoY Change | -12.1% | -2.15% | 0.0% |
% of Gross Profit | 13.92% | 11.48% | 11.98% |
Depreciation & Amortization | $55.00M | $46.00M | $50.00M |
YoY Change | 3.77% | -8.0% | 2.04% |
% of Gross Profit | 7.02% | 5.8% | 6.44% |
Operating Expenses | $546.0M | $465.0M | $487.0M |
YoY Change | -14.29% | -4.52% | -1.02% |
Operating Profit | $237.0M | $328.0M | $289.0M |
YoY Change | 16.75% | 13.49% | 27.88% |
Interest Expense | -$122.0M | $29.00M | $29.00M |
YoY Change | 248.57% | 0.0% | 0.0% |
% of Operating Profit | -51.48% | 8.84% | 10.03% |
Other Income/Expense, Net | $2.000M | -$4.000M | |
YoY Change | -150.0% | -166.67% | |
Pretax Income | $69.00M | $273.0M | $238.0M |
YoY Change | -55.48% | 14.71% | 28.65% |
Income Tax | $49.00M | $83.00M | $71.00M |
% Of Pretax Income | 71.01% | 30.4% | 29.83% |
Net Earnings | $22.00M | $189.0M | $166.0M |
YoY Change | -82.54% | 13.86% | 26.72% |
Net Earnings / Revenue | 1.73% | 15.57% | 13.72% |
Basic Earnings Per Share | $0.04 | $0.38 | $0.33 |
Diluted Earnings Per Share | $0.04 | $0.38 | $0.33 |
COMMON SHARES | |||
Basic Shares Outstanding | 497.9M shares | 499.2M shares | 501.5M shares |
Diluted Shares Outstanding | 501.7M shares | 502.4M shares |
Balance Sheet
Concept | 2015 Q4 | 2015 Q3 | 2014 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.154B | $592.0M | $598.0M |
YoY Change | 30.84% | -1.0% | 53.73% |
Cash & Equivalents | $1.154B | $592.0M | $598.0M |
Short-Term Investments | |||
Other Short-Term Assets | $201.0M | $264.0M | $204.0M |
YoY Change | -1.95% | 29.41% | -10.53% |
Inventory | $1.467B | $1.403B | $1.388B |
Prepaid Expenses | |||
Receivables | $937.0M | $1.038B | $1.057B |
Other Receivables | $69.00M | $0.00 | $0.00 |
Total Short-Term Assets | $3.830B | $3.450B | $3.353B |
YoY Change | 10.53% | 2.89% | 8.76% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.307B | $1.293B | $1.313B |
YoY Change | -0.83% | -1.52% | 4.87% |
Goodwill | $1.455B | $1.163B | $982.0M |
YoY Change | 49.08% | 18.43% | 0.2% |
Intangibles | $1.190B | $679.0M | $757.0M |
YoY Change | 63.69% | -10.3% | -7.12% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $49.00M | $43.00M | $67.00M |
YoY Change | 2.08% | -35.82% | 13.56% |
Total Long-Term Assets | $4.083B | $3.236B | $3.174B |
YoY Change | 30.74% | 1.95% | -0.06% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.830B | $3.450B | $3.353B |
Total Long-Term Assets | $4.083B | $3.236B | $3.174B |
Total Assets | $7.913B | $6.686B | $6.527B |
YoY Change | 20.11% | 2.44% | 4.28% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $293.0M | $306.0M | $259.0M |
YoY Change | 1.03% | 18.15% | -46.27% |
Accrued Expenses | $676.0M | $796.0M | $201.0M |
YoY Change | 42.32% | 296.02% | 9.24% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $400.0M | $400.0M | $10.00M |
YoY Change | 3900.0% | 0.0% | |
Total Short-Term Liabilities | $1.781B | $1.658B | $998.0M |
YoY Change | 64.0% | 66.13% | -23.7% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $4.463B | $3.226B | $3.642B |
YoY Change | 23.15% | -11.42% | 0.0% |
Other Long-Term Liabilities | $251.0M | $258.0M | $176.0M |
YoY Change | 21.26% | 46.59% | 32.33% |
Total Long-Term Liabilities | $4.714B | $3.484B | $3.818B |
YoY Change | 23.05% | -8.75% | 1.14% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.781B | $1.658B | $998.0M |
Total Long-Term Liabilities | $4.714B | $3.484B | $3.818B |
Total Liabilities | $6.822B | $5.432B | $5.138B |
YoY Change | 29.92% | 5.72% | -4.73% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $876.0M | $943.0M | $661.0M |
YoY Change | 23.55% | 42.66% | 219.32% |
Common Stock | $5.000M | $5.000M | $5.000M |
YoY Change | 0.0% | 0.0% | 0.0% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $203.0M | $150.0M | $0.00 |
YoY Change | |||
Treasury Stock Shares | 4.408M shares | 3.240M shares | 13.79K shares |
Shareholders Equity | $1.068B | $1.229B | $1.364B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.913B | $6.686B | $6.527B |
YoY Change | 20.11% | 2.44% | 4.28% |
Cashflow Statement
Concept | 2015 Q4 | 2015 Q3 | 2014 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $22.00M | $189.0M | $166.0M |
YoY Change | -82.54% | 13.86% | 26.72% |
Depreciation, Depletion And Amortization | $55.00M | $46.00M | $50.00M |
YoY Change | 3.77% | -8.0% | 2.04% |
Cash From Operating Activities | $278.0M | $204.0M | $103.0M |
YoY Change | -28.17% | 98.06% | -9.65% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $148.0M | -$52.00M | -$42.00M |
YoY Change | -390.2% | 23.81% | -23.64% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$885.0M | -$8.000M | $0.00 |
YoY Change | -88600.0% | -100.0% | |
Cash From Investing Activities | -$737.0M | -$60.00M | -$42.00M |
YoY Change | 1374.0% | 42.86% | -22.22% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.026B | -86.00M | -38.00M |
YoY Change | -2542.86% | 126.32% | 18.75% |
NET CHANGE | |||
Cash From Operating Activities | 278.0M | 204.0M | 103.0M |
Cash From Investing Activities | -737.0M | -60.00M | -42.00M |
Cash From Financing Activities | 1.026B | -86.00M | -38.00M |
Net Change In Cash | 567.0M | 58.00M | 23.00M |
YoY Change | 92.2% | 152.17% | -17.86% |
FREE CASH FLOW | |||
Cash From Operating Activities | $278.0M | $204.0M | $103.0M |
Capital Expenditures | $148.0M | -$52.00M | -$42.00M |
Free Cash Flow | $130.0M | $256.0M | $145.0M |
YoY Change | -70.32% | 76.55% | -14.2% |
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9000000 | USD | |
CY2015Q3 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
3000000 | USD |
us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
9000000 | USD | |
CY2014Q3 | us-gaap |
Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
|
0 | USD |
us-gaap |
Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
|
-4000000 | USD | |
CY2015Q3 | us-gaap |
Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
|
-1000000 | USD |
us-gaap |
Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
|
-1000000 | USD | |
CY2014Q3 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
1000000 | USD |
us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
3000000 | USD | |
CY2015Q3 | us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
2000000 | USD |
us-gaap |
Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
|
6000000 | USD | |
us-gaap |
Defined Benefit Plans Estimated Future Employer Contributions In Current Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInCurrentFiscalYear
|
8000000 | USD | |
CY2014Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
50000000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
151000000 | USD | |
CY2015Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
46000000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
144000000 | USD | |
CY2014Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
5000000 | USD |
CY2015Q3 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
3000000 | USD |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
73000000 | USD | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
85000000 | USD | |
CY2014Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
42000000 | USD |
CY2015Q3 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
0 | USD |
CY2014Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.33 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.91 | ||
CY2015Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.38 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.63 | ||
CY2014Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.33 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.91 | ||
CY2015Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.38 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.63 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-2000000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-27000000 | USD | |
CY2014Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.298 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.307 | ||
CY2015Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.304 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.330 | ||
CY2014Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
238000000 | USD |
CY2015Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
197000000 | USD |
CY2015Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1000000 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1000000 | USD | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
527000000 | USD |
CY2015Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
567000000 | USD |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1139000000 | USD |
CY2015Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1124000000 | USD |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
612000000 | USD |
CY2015Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
557000000 | USD |
CY2014Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-7000000 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-23000000 | USD | |
CY2015Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-6000000 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-18000000 | USD | |
CY2014Q3 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | USD |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
6000000 | USD | |
CY2015Q3 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | USD |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | USD | |
CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
976000000 | USD |
CY2015Q3 | us-gaap |
Goodwill
Goodwill
|
1163000000 | USD |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
202000000 | USD | |
CY2014Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
1512000000 | USD |
CY2015Q3 | us-gaap |
Goodwill Gross
GoodwillGross
|
1699000000 | USD |
CY2015Q3 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
536000000 | USD |
us-gaap |
Goodwill Other Changes
GoodwillOtherChanges
|
15000000 | USD | |
CY2014Q3 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
6000000 | USD |
us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
6000000 | USD | |
CY2015Q3 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
0 | USD |
us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
2000000 | USD | |
CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
238000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
665000000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
273000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
476000000 | USD | |
CY2014Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
71000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
204000000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
83000000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
157000000 | USD | |
CY2015Q1 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
9000000 | USD |
CY2015Q2 | us-gaap |
Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
|
6000000 | USD |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
210000000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
175000000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-237000000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
30000000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-39000000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
150000000 | USD | |
us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
46000000 | USD | |
us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
68000000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
107000000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
142000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-1000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
64000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-79000000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-37000000 | USD | |
CY2014Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
115000000 | USD |
CY2015Q3 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
122000000 | USD |
us-gaap |
Insurance Recoveries
InsuranceRecoveries
|
2000000 | USD | |
CY2014Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
1254000000 | USD |
CY2015Q3 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
1246000000 | USD |
CY2014Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
727000000 | USD |
CY2015Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
679000000 | USD |
CY2014Q3 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
1000000 | USD |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
3000000 | USD | |
CY2015Q3 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
1000000 | USD |
us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
3000000 | USD | |
CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
29000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
87000000 | USD | |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
29000000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
86000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
117000000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
117000000 | USD | |
CY2014Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
688000000 | USD |
CY2015Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
682000000 | USD |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
1289000000 | USD |
CY2015Q3 | us-gaap |
Inventory Net
InventoryNet
|
1403000000 | USD |
CY2014Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
261000000 | USD |
CY2015Q3 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
361000000 | USD |
CY2014Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
340000000 | USD |
CY2015Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
360000000 | USD |
CY2015Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
5000000 | USD |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
5000000 | USD | |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
5251000000 | USD |
CY2015Q3 | us-gaap |
Liabilities
Liabilities
|
5432000000 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6588000000 | USD |
CY2015Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6686000000 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1086000000 | USD |
CY2015Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1658000000 | USD |
CY2014Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2015Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2015Q3 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
79000000 | USD |
CY2014Q3 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
13000000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
0 | USD |
CY2015Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
400000000 | USD |
CY2015Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
0 | USD |
CY2015Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
751000000 | USD |
CY2015Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
0 | USD |
CY2015Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
401000000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3624000000 | USD |
CY2015Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3226000000 | USD |
CY2014Q4 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
3000000 | USD |
CY2015Q3 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
2000000 | USD |
CY2013Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
14000000 | USD |
CY2013Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
11000000 | EUR |
CY2014Q3 | us-gaap |
Loss Contingency Loss In Period
LossContingencyLossInPeriod
|
-1000000 | USD |
us-gaap |
Loss Contingency Loss In Period
LossContingencyLossInPeriod
|
10000000 | USD | |
CY2015Q3 | us-gaap |
Loss Contingency Loss In Period
LossContingencyLossInPeriod
|
0 | USD |
us-gaap |
Loss Contingency Loss In Period
LossContingencyLossInPeriod
|
0 | USD | |
CY2014Q4 | us-gaap |
Minority Interest
MinorityInterest
|
26000000 | USD |
CY2015Q3 | us-gaap |
Minority Interest
MinorityInterest
|
25000000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-112000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-271000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-137000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-378000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
239000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
386000000 | USD | |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
166000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
457000000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
189000000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
317000000 | USD | |
CY2014Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
4000000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2000000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
|
8000000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
|
0 | USD | |
CY2014Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-4000000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-13000000 | USD | |
CY2015Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2000000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
0 | USD | |
CY2015Q3 | us-gaap |
Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
|
70 | country |
CY2015Q2 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
4 | segment | |
CY2015Q3 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment | |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
475000000 | USD |
CY2015Q3 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
599000000 | USD |
CY2014Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
205000000 | USD |
us-gaap |
Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
|
4000000 | USD | |
zts |
Contributed Capital Associatedwith Pension To Be Contributedby Related Party
ContributedCapitalAssociatedwithPensionToBeContributedbyRelatedParty
|
2000000 | USD | |
zts |
Contributed Capital Associatedwith Pension To Be Contributedby Related Party
ContributedCapitalAssociatedwithPensionToBeContributedbyRelatedParty
|
2000000 | USD | |
CY2015Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
264000000 | USD |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
48000000 | USD |
CY2015Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
43000000 | USD |
CY2014Q3 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-1000000 | USD |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-1000000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
1000000 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-38000000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-20000000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-57000000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-200000000 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-39000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-18000000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-60000000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-202000000 | USD | |
CY2014Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
0 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-3000000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-3000000 | USD | |
CY2014Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
8000000 | USD |
CY2015Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
57000000 | USD |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
207000000 | USD |
CY2015Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
258000000 | USD |
CY2014Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
0 | USD |
CY2015Q3 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
400000000 | USD |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
8000000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-11000000 | USD | |
CY2014Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1000000 | USD | |
CY2015Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
3000000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1000000 | USD | |
us-gaap |
Other Nonrecurring Expense
OtherNonrecurringExpense
|
3000000 | USD | |
us-gaap |
Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
0 | USD | |
us-gaap |
Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
|
22000000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
1000000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
8000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
150000000 | USD | |
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
109000000 | USD | |
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
127000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
229000000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
15000000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
129000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
143000000 | USD | |
CY2015Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | USD |
CY2015Q3 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | USD |
us-gaap |
Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
|
2000000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-5000000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
2000000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
8000000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2000000 | USD | |
CY2014Q3 | us-gaap |
Profit Loss
ProfitLoss
|
167000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
461000000 | USD | |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000000 | shares |
CY2015Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000000 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q3 | us-gaap |
Profit Loss
ProfitLoss
|
190000000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
319000000 | USD | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1318000000 | USD |
CY2015Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1293000000 | USD |
CY2014Q3 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
93000000 | USD |
us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
272000000 | USD | |
CY2015Q3 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
91000000 | USD |
us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
255000000 | USD | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
271000000 | USD | |
CY2014Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
19000000 | USD |
CY2015Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
226000000 | USD |
CY2014Q3 | us-gaap |
Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
|
0 | USD |
us-gaap |
Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
|
1000000 | USD | |
CY2015Q3 | us-gaap |
Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
|
0 | USD |
us-gaap |
Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
|
0 | USD | |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
709000000 | USD |
CY2015Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
943000000 | USD |
CY2014Q3 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
7000000 | USD |
us-gaap |
Royalty Revenue
RoyaltyRevenue
|
21000000 | USD | |
CY2015Q3 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
5000000 | USD |
us-gaap |
Royalty Revenue
RoyaltyRevenue
|
19000000 | USD | |
CY2014Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1210000000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
3465000000 | USD | |
CY2015Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1214000000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
3491000000 | USD | |
CY2014Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
394000000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1146000000 | USD | |
CY2015Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
374000000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1107000000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
22000000 | USD | |
CY2015Q3 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
8000000 | USD |
CY2014Q4 | us-gaap |
Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
|
0.097 | |
CY2015Q3 | us-gaap |
Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
|
0.060 | |
us-gaap |
Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
|
1102000 | shares | |
us-gaap |
Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
100000 | shares | |
us-gaap |
Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
231000 | shares | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
31000000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0072 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.2392 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0179 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
862403 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
11.70 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
46.01 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y6M | ||
CY2014Q4 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
7000000 | USD |
CY2014Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
500000000 | USD |
CY2015Q3 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
352000000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1311000000 | USD |
CY2015Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1229000000 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
962000000 | USD |
CY2014Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1389000000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1337000000 | USD |
CY2015Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1254000000 | USD |
CY2014Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
26000000 | USD |
CY2015Q3 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
91000000 | USD |
CY2013Q4 | us-gaap |
Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
|
0 | USD |
CY2014Q3 | us-gaap |
Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
|
400000 | USD |
CY2014Q4 | us-gaap |
Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
|
500000 | USD |
CY2015Q3 | us-gaap |
Treasury Stock Carrying Basis
TreasuryStockCarryingBasis
|
150100000 | USD |
CY2013Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
0 | shares |
CY2014Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
13792 | shares |
CY2014Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
14743 | shares |
CY2015Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
3240447 | shares |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
14000 | shares | |
CY2014Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
0 | USD |
CY2015Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
150000000 | USD |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
400000 | USD | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
148000000 | USD | |
CY2014Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
19000000 | USD |
CY2015Q3 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
17000000 | USD |
CY2014Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
54000000 | USD |
CY2015Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
60000000 | USD |
CY2014Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
8000000 | USD |
CY2015Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
8000000 | USD |
CY2015Q2 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
3000000 | USD |
CY2014Q3 | zts |
Allocated Share Based Compensation Expense Direct And Indirect Expense
AllocatedShareBasedCompensationExpenseDirectAndIndirectExpense
|
9000000 | USD |
zts |
Allocated Share Based Compensation Expense Direct And Indirect Expense
AllocatedShareBasedCompensationExpenseDirectAndIndirectExpense
|
22000000 | USD | |
CY2015Q3 | zts |
Allocated Share Based Compensation Expense Direct And Indirect Expense
AllocatedShareBasedCompensationExpenseDirectAndIndirectExpense
|
10000000 | USD |
zts |
Allocated Share Based Compensation Expense Direct And Indirect Expense
AllocatedShareBasedCompensationExpenseDirectAndIndirectExpense
|
31000000 | USD | |
zts |
Amortization Of Intangible Assets Not Associated With Single Function
AmortizationOfIntangibleAssetsNotAssociatedWithSingleFunction
|
45000000 | USD | |
CY2014Q4 | zts |
Assets Heldforsale Not Partof Disposal Group Current
AssetsHeldforsaleNotPartofDisposalGroupCurrent
|
0 | USD |
CY2015Q3 | zts |
Assets Heldforsale Not Partof Disposal Group Current
AssetsHeldforsaleNotPartofDisposalGroupCurrent
|
26000000 | USD |
zts |
Business Separation Adjustments
BusinessSeparationAdjustments
|
0 | USD | |
CY2014Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
992000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
723000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2414000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2294000 | shares | |
CY2014Q3 | zts |
Amortization Of Intangible Assets Not Associated With Single Function
AmortizationOfIntangibleAssetsNotAssociatedWithSingleFunction
|
16000000 | USD |
zts |
Amortization Of Intangible Assets Not Associated With Single Function
AmortizationOfIntangibleAssetsNotAssociatedWithSingleFunction
|
46000000 | USD | |
CY2015Q3 | zts |
Amortization Of Intangible Assets Not Associated With Single Function
AmortizationOfIntangibleAssetsNotAssociatedWithSingleFunction
|
15000000 | USD |
CY2014Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
502445000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
501610000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
501653000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
502480000 | shares | |
CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
501453000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
500887000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
499239000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
500186000 | shares | |
CY2014Q3 | zts |
Cost Reduction Initiatives And Acquisition Costs
CostReductionInitiativesAndAcquisitionCosts
|
2000000 | USD |
zts |
Cost Reduction Initiatives And Acquisition Costs
CostReductionInitiativesAndAcquisitionCosts
|
10000000 | USD | |
CY2015Q3 | zts |
Cost Reduction Initiatives And Acquisition Costs
CostReductionInitiativesAndAcquisitionCosts
|
29000000 | USD |
zts |
Cost Reduction Initiatives And Acquisition Costs
CostReductionInitiativesAndAcquisitionCosts
|
326000000 | USD | |
zts |
Dedicated Pension Plans Settlement Chargefor Contract Termination
DedicatedPensionPlansSettlementChargeforContractTermination
|
4000000 | USD | |
zts |
Investor Related Costs
InvestorRelatedCosts
|
3000000 | USD | |
CY2015Q3 | zts |
Line Of Credit Facility Covenant Compliance Minimum Interest Coverage Ratio
LineOfCreditFacilityCovenantComplianceMinimumInterestCoverageRatio
|
3.50 | |
CY2015Q3 | zts |
Long Term Debt Maturities Repayments Of Principal After Year Six
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearSix
|
2500000000 | USD |
CY2015Q3 | zts |
Long Term Debt Maturities Repayments Of Principal In Year Six
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearSix
|
0 | USD |
zts |
Manufacturing Sites Heldfor Sale Expected Period
ManufacturingSitesHeldforSaleExpectedPeriod
|
P1Y | ||
zts |
Non Cash Transfersto Related Party
NonCashTransferstoRelatedParty
|
2000000 | USD | |
zts |
Non Cash Transfersto Related Party
NonCashTransferstoRelatedParty
|
2000000 | USD | |
CY2015Q3 | zts |
Number Of Core Animal Species Marketed
NumberOfCoreAnimalSpeciesMarketed
|
8 | species |
CY2015Q3 | zts |
Number Of Major Product Categories
NumberOfMajorProductCategories
|
5 | category |
CY2015Q2 | zts |
Number Of Major Product Categories
NumberOfMajorProductCategories
|
5000 | product |
CY2014Q3 | zts |
Numberof Contaminated Contaminationof Animal Feed
NumberofContaminatedContaminationofAnimalFeed
|
20000 | animal |
CY2014Q3 | zts |
Numberof Deaths Contaminationof Animal Feed
NumberofDeathsContaminationofAnimalFeed
|
50000 | animal |
CY2015Q2 | zts |
Numberof Manufacturing Sites Heldfor Sale
NumberofManufacturingSitesHeldforSale
|
10 | manufacturing_site |
CY2015Q3 | zts |
Numberof Manufacturing Sites Heldfor Sale
NumberofManufacturingSitesHeldforSale
|
2 | manufacturing_site |
CY2015Q3 | zts |
Numberof Regional Segments
NumberofRegionalSegments
|
2 | region |
CY2015Q3 | zts |
Operational Efficiency Consulting Charges
OperationalEfficiencyConsultingCharges
|
8000000 | USD |
zts |
Operational Efficiency Consulting Charges
OperationalEfficiencyConsultingCharges
|
28000000 | USD | |
CY2014Q3 | zts |
Other Comprehensive Income Pension Plan Settlement Charge
OtherComprehensiveIncomePensionPlanSettlementCharge
|
0 | USD |
zts |
Other Comprehensive Income Pension Plan Settlement Charge
OtherComprehensiveIncomePensionPlanSettlementCharge
|
3000000 | USD | |
CY2015Q3 | zts |
Other Comprehensive Income Pension Plan Settlement Charge
OtherComprehensiveIncomePensionPlanSettlementCharge
|
0 | USD |
zts |
Other Comprehensive Income Pension Plan Settlement Charge
OtherComprehensiveIncomePensionPlanSettlementCharge
|
0 | USD | |
zts |
Restructuring And Other Related Costs Net Of Payments
RestructuringAndOtherRelatedCostsNetOfPayments
|
0 | USD | |
zts |
Restructuring And Other Related Costs Net Of Payments
RestructuringAndOtherRelatedCostsNetOfPayments
|
207000000 | USD | |
CY2014Q3 | zts |
Restructuring Charges And Acquisition Related Costs
RestructuringChargesAndAcquisitionRelatedCosts
|
2000000 | USD |
zts |
Restructuring Charges And Acquisition Related Costs
RestructuringChargesAndAcquisitionRelatedCosts
|
10000000 | USD | |
CY2015Q3 | zts |
Restructuring Charges And Acquisition Related Costs
RestructuringChargesAndAcquisitionRelatedCosts
|
13000000 | USD |
zts |
Restructuring Charges And Acquisition Related Costs
RestructuringChargesAndAcquisitionRelatedCosts
|
280000000 | USD | |
zts |
Restructuring Reserve Utilization And Other
RestructuringReserveUtilizationAndOther
|
64000000 | USD | |
zts |
Stockholders Equity Net Transfers To Related Party
StockholdersEquityNetTransfersToRelatedParty
|
32000000 | USD | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Organization</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Zoetis Inc. (including its subsidiaries, collectively, Zoetis, the company, we, us or our) is a global leader in the discovery, development, manufacture and commercialization of animal health medicines and vaccines, with a focus on both livestock and companion animals. We organize and operate our business in </font><font style="font-family:inherit;font-size:9pt;color:#000000;text-decoration:none;">two</font><font style="font-family:inherit;font-size:9pt;"> geographic regions: the United States (U.S.) and International. </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">We directly market our products in approximately </font><font style="font-family:inherit;font-size:9pt;">70</font><font style="font-family:inherit;font-size:9pt;"> countries across North America, Europe, Africa, Asia, Australia and South America. Our products are sold in more than </font><font style="font-family:inherit;font-size:9pt;color:#000000;text-decoration:none;">120</font><font style="font-family:inherit;font-size:9pt;"> countries, including developed markets and emerging markets, and our revenue is mostly generated in the United States. We have a diversified business, marketing products across </font><font style="font-family:inherit;font-size:9pt;color:#000000;text-decoration:none;">eight</font><font style="font-family:inherit;font-size:9pt;"> core species: cattle, swine, poultry, sheep and fish (collectively, livestock) and dogs, cats and horses (collectively, companion animals); and within </font><font style="font-family:inherit;font-size:9pt;color:#000000;text-decoration:none;">five</font><font style="font-family:inherit;font-size:9pt;"> major product categories: anti-infectives, vaccines, parasiticides, medicated feed additives and other pharmaceuticals.</font></div></div> |