$ZTS
Zoetis Inc.

2018 Q2 Form 10-Q Financial Statement

#000155528018000226 Filed on August 02, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q3
Revenue $1.415B $1.269B
YoY Change 14.95% 5.05%
Cost Of Revenue $447.0M $440.0M
YoY Change 0.9% 10.28%
Gross Profit $968.0M $829.0M
YoY Change 22.84% 2.47%
Gross Profit Margin 68.41% 65.33%
Selling, General & Admin $359.0M $336.0M
YoY Change 16.18% -2.04%
% of Gross Profit 37.09% 40.53%
Research & Development $102.0M $86.00M
YoY Change 13.33% -2.27%
% of Gross Profit 10.54% 10.37%
Depreciation & Amortization $63.00M $59.00M
YoY Change 1.61% -1.67%
% of Gross Profit 6.51% 7.12%
Operating Expenses $461.0M $422.0M
YoY Change 15.54% -2.09%
Operating Profit $507.0M $407.0M
YoY Change 30.33% 7.67%
Interest Expense $46.00M $41.00M
YoY Change 12.2% 0.0%
% of Operating Profit 9.07% 10.07%
Other Income/Expense, Net $4.000M $2.000M
YoY Change -60.0% -150.0%
Pretax Income $437.0M $345.0M
YoY Change 29.67% 3.92%
Income Tax $55.00M $98.00M
% Of Pretax Income 12.59% 28.41%
Net Earnings $384.0M $247.0M
YoY Change 61.34% 10.27%
Net Earnings / Revenue 27.14% 19.46%
Basic Earnings Per Share $0.79 $0.50
Diluted Earnings Per Share $0.79 $0.50
COMMON SHARES
Basic Shares Outstanding 483.8M shares 490.8M shares
Diluted Shares Outstanding 487.5M shares 494.0M shares

Balance Sheet

Concept 2018 Q2 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.558B $705.0M
YoY Change 147.69% 7.14%
Cash & Equivalents $1.558B $705.0M
Short-Term Investments
Other Short-Term Assets $288.0M $353.0M
YoY Change 8.68% 37.35%
Inventory $1.420B $1.498B
Prepaid Expenses
Receivables $973.0M $975.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.239B $3.584B
YoY Change 25.3% 7.69%
LONG-TERM ASSETS
Property, Plant & Equipment $1.470B $1.355B
YoY Change 7.46% 1.04%
Goodwill $1.514B $1.495B
YoY Change 1.14% 1.36%
Intangibles $1.225B $1.210B
YoY Change -0.57% -0.58%
Long-Term Investments
YoY Change
Other Assets $75.00M $65.00M
YoY Change 4.17% -1.52%
Total Long-Term Assets $4.364B $4.218B
YoY Change 2.3% 0.67%
TOTAL ASSETS
Total Short-Term Assets $4.239B $3.584B
Total Long-Term Assets $4.364B $4.218B
Total Assets $8.603B $7.802B
YoY Change 12.47% 3.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $230.0M $199.0M
YoY Change -0.43% -11.16%
Accrued Expenses $594.0M $569.0M
YoY Change 4.95% -15.83%
Deferred Revenue $2.000M
YoY Change
Short-Term Debt $0.00 $100.0M
YoY Change
Long-Term Debt Due $750.0M
YoY Change
Total Short-Term Liabilities $967.0M $1.784B
YoY Change -44.1% 71.7%
LONG-TERM LIABILITIES
Long-Term Debt $4.955B $3.719B
YoY Change 33.27% -16.71%
Other Long-Term Liabilities $204.0M $209.0M
YoY Change -5.12% -11.44%
Total Long-Term Liabilities $5.159B $3.928B
YoY Change 31.17% -16.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $967.0M $1.784B
Total Long-Term Liabilities $5.159B $3.928B
Total Liabilities $6.621B $6.056B
YoY Change 10.09% -1.48%
SHAREHOLDERS EQUITY
Retained Earnings $2.722B $1.843B
YoY Change 64.87% 54.87%
Common Stock $5.000M $5.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.215B $615.0M
YoY Change 138.24% 109.18%
Treasury Stock Shares 19.60M shares 12.23M shares
Shareholders Equity $1.970B $1.715B
YoY Change
Total Liabilities & Shareholders Equity $8.603B $7.802B
YoY Change 12.47% 3.78%

Cashflow Statement

Concept 2018 Q2 2017 Q3
OPERATING ACTIVITIES
Net Income $384.0M $247.0M
YoY Change 61.34% 10.27%
Depreciation, Depletion And Amortization $63.00M $59.00M
YoY Change 1.61% -1.67%
Cash From Operating Activities $267.0M $180.0M
YoY Change 124.37% 31.39%
INVESTING ACTIVITIES
Capital Expenditures -$73.00M -$51.00M
YoY Change -273.81% -5.56%
Acquisitions
YoY Change
Other Investing Activities -$3.000M $11.00M
YoY Change -200.0% 120.0%
Cash From Investing Activities -$76.00M -$40.00M
YoY Change 58.33% -18.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -271.0M -64.00M
YoY Change 53.98% -40.74%
NET CHANGE
Cash From Operating Activities 267.0M 180.0M
Cash From Investing Activities -76.00M -40.00M
Cash From Financing Activities -271.0M -64.00M
Net Change In Cash -80.00M 76.00M
YoY Change -23.81% -480.0%
FREE CASH FLOW
Cash From Operating Activities $267.0M $180.0M
Capital Expenditures -$73.00M -$51.00M
Free Cash Flow $340.0M $231.0M
YoY Change 341.56% 20.94%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001555280
CY2018Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
481823803 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Zoetis Inc.
dei Trading Symbol
TradingSymbol
ZTS
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
261000000 USD
CY2018Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
230000000 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
998000000 USD
CY2018Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
973000000 USD
CY2017Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
172000000 USD
CY2018Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
266000000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1471000000 USD
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1522000000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-505000000 USD
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-543000000 USD
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1013000000 USD
CY2018Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1001000000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
39000000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
28000000 USD
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
22000000 USD
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
22000000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
25000000 USD
CY2018Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
24000000 USD
CY2017Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
49000000 USD
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
51000000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
7000000 USD
CY2017Q4 us-gaap Assets
Assets
8586000000 USD
CY2018Q2 us-gaap Assets
Assets
8603000000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
4217000000 USD
CY2018Q2 us-gaap Assets Current
AssetsCurrent
4239000000 USD
CY2017Q3 us-gaap Business Exit Costs1
BusinessExitCosts1
1000000 USD
us-gaap Business Exit Costs1
BusinessExitCosts1
1000000 USD
CY2018Q2 us-gaap Business Exit Costs1
BusinessExitCosts1
1000000 USD
us-gaap Business Exit Costs1
BusinessExitCosts1
1000000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3000000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3000000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
727000000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
705000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1564000000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1558000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-22000000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-6000000 USD
CY2017Q4 us-gaap Commercial Paper
CommercialPaper
0 USD
CY2018Q2 us-gaap Commercial Paper
CommercialPaper
0 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.105
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.210
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.126
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.252
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
6000000000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
6000000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
501890000 shares
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
501890000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
501890000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
501891243 shares
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
501891243 shares
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
501890000 shares
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
489659511 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
486130461 shares
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
482290154 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
5000000 USD
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
5000000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
257000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
541000000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
270000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
698000000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
4000000 USD
us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
4000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1000000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-3000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-4000000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
257000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
542000000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
267000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
694000000 USD
CY2018Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3000000 USD
CY2018Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2000000 USD
CY2017Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
440000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
883000000 USD
CY2018Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
447000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
894000000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5000000000 USD
CY2018Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5000000000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-47000000 USD
CY2018Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-45000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
13000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-155000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
80000000 USD
CY2018Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
80000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
300000000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
149000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Gross Noncurrent
DeferredTaxLiabilitiesGrossNoncurrent
380000000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities Gross Noncurrent
DeferredTaxLiabilitiesGrossNoncurrent
229000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
380000000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
229000000 USD
CY2017Q3 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1000000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1000000 USD
CY2018Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
0 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
0 USD
CY2017Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
0 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1000000 USD
CY2018Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
0 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1000000 USD
CY2017Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
0 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1000000 USD
CY2018Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
0 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1000000 USD
CY2017Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2000000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
5000000 USD
CY2018Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2000000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
4000000 USD
CY2017Q3 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
0 USD
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
-1000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
121000000 USD
CY2018Q2 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
0 USD
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
0 USD
CY2017Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
59000000 USD
CY2017Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
1000000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
3000000 USD
CY2018Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2000000 USD
CY2018Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
63000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
123000000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
1000000 USD
CY2018Q2 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
13000000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
103000000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
122000000 USD
CY2017Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
61000000 USD
CY2018Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
61000000 USD
CY2017Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
52000000 USD
CY2018Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
61000000 USD
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.50
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.99
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.52
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.50
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.51
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
7000000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-8000000 USD
CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.284
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.287
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.126
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.143
CY2017Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.075
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.041
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
236000000 USD
CY2018Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
160000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
761000000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
809000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1694000000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1699000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
933000000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
890000000 USD
CY2017Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-8000000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-10000000 USD
CY2018Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-9000000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-17000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-2000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
0 USD
CY2017Q4 us-gaap Goodwill
Goodwill
1510000000 USD
CY2018Q2 us-gaap Goodwill
Goodwill
1514000000 USD
CY2017Q4 us-gaap Goodwill Gross
GoodwillGross
2046000000 USD
CY2018Q2 us-gaap Goodwill Gross
GoodwillGross
2050000000 USD
CY2018Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
536000000 USD
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
536000000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
345000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
682000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
437000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
854000000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
196000000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
122000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
256000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
221000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-66000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-28000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
41000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9000000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
21000000 USD
us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
88000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
46000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
23000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
106000000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
63000000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-147000000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-75000000 USD
CY2017Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
336000000 USD
CY2018Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
335000000 USD
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2030000000 USD
CY2018Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2034000000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1269000000 USD
CY2018Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1225000000 USD
CY2017Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1000000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2000000 USD
CY2018Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2000000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
4000000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
41000000 USD
us-gaap Interest Expense
InterestExpense
82000000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
46000000 USD
us-gaap Interest Expense
InterestExpense
93000000 USD
us-gaap Interest Paid Net
InterestPaidNet
82000000 USD
us-gaap Interest Paid Net
InterestPaidNet
96000000 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
788000000 USD
CY2018Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
768000000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
1427000000 USD
CY2018Q2 us-gaap Inventory Net
InventoryNet
1420000000 USD
CY2017Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
155000000 USD
CY2018Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
160000000 USD
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
484000000 USD
us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
0 USD
CY2018Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
492000000 USD
us-gaap Inventory Write Down
InventoryWriteDown
40000000 USD
us-gaap Inventory Write Down
InventoryWriteDown
25000000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
6800000000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
6621000000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8586000000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8603000000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1094000000 USD
CY2018Q2 us-gaap Liabilities Current
LiabilitiesCurrent
967000000 USD
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2018Q2 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2018Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
61000000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
4500000000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
500000000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4953000000 USD
CY2018Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4955000000 USD
CY2017Q3 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
-4000000 USD
us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
-4000000 USD
CY2018Q2 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
0 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
16000000 USD
CY2018Q2 us-gaap Minority Interest
MinorityInterest
12000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-240000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-533000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-88000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-121000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
299000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
656000000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
247000000 USD
us-gaap Net Income Loss
NetIncomeLoss
485000000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
384000000 USD
us-gaap Net Income Loss
NetIncomeLoss
736000000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4000000 USD
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
12000000 USD
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
4000000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
9000000 USD
CY2018Q2 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
45 country
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2017Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
432000000 USD
CY2018Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
434000000 USD
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
228000000 USD
CY2018Q2 us-gaap Other Assets Current
OtherAssetsCurrent
288000000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
75000000 USD
CY2018Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
75000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1000000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
12000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
56000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-115000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-38000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
10000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
56000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-115000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-38000000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
0 USD
CY2017Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
44000000 USD
CY2018Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
29000000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
201000000 USD
CY2018Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
204000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4000000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
8000000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13000000 USD
us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
5000000 USD
us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
12000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-7000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
250000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
405000000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
103000000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
122000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
93000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
126000000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000000 shares
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2018Q2 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
18000000 USD
us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
6000000 USD
us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
100000000 USD
us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1000000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
8000000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
247000000 USD
us-gaap Profit Loss
ProfitLoss
486000000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
382000000 USD
us-gaap Profit Loss
ProfitLoss
732000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1435000000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1470000000 USD
CY2017Q3 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
86000000 USD
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
176000000 USD
CY2018Q2 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
102000000 USD
us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
199000000 USD
CY2017Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
6000000 USD
CY2018Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
5000000 USD
us-gaap Restructuring Charges
RestructuringCharges
6000000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
41000000 USD
CY2018Q2 us-gaap Restructuring Reserve
RestructuringReserve
34000000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2109000000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2722000000 USD
CY2017Q3 us-gaap Revenues
Revenues
1269000000 USD
us-gaap Revenues
Revenues
2500000000 USD
CY2018Q2 us-gaap Revenues
Revenues
1415000000 USD
us-gaap Revenues
Revenues
2781000000 USD
CY2017Q3 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
5000000 USD
us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
12000000 USD
CY2018Q2 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
6000000 USD
us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
13000000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
336000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
645000000 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
359000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
697000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
22000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
22000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0069
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2361
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0274
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
538820 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.30
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
73.32
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
0 shares
CY2018Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
595000000 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1770000000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
1970000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1499000000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1746000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1786000000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1982000000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
60000000 USD
CY2018Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
53000000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
9040000 shares
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
12230000 shares
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
12231732 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
15760782 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
15760000 shares
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
19601089 shares
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
19600000 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
852000000 USD
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
1215000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
250000000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
405000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
164000000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
182000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
11000000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
11000000 USD
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3200000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000000 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3700000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3800000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
494000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
494600000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
487500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
488600000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
490800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
491600000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
483800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
484800000 shares
CY2017Q3 zts Amortization Of Intangible Assets Not Associated With Single Function
AmortizationOfIntangibleAssetsNotAssociatedWithSingleFunction
23000000 USD
zts Amortization Of Intangible Assets Not Associated With Single Function
AmortizationOfIntangibleAssetsNotAssociatedWithSingleFunction
45000000 USD
CY2018Q2 zts Amortization Of Intangible Assets Not Associated With Single Function
AmortizationOfIntangibleAssetsNotAssociatedWithSingleFunction
23000000 USD
zts Amortization Of Intangible Assets Not Associated With Single Function
AmortizationOfIntangibleAssetsNotAssociatedWithSingleFunction
46000000 USD
zts Contributed Capital Associatedwith Pension To Be Contributedby Related Party
ContributedCapitalAssociatedwithPensionToBeContributedbyRelatedParty
1000000 USD
zts Contributed Capital Associatedwith Pension To Be Contributedby Related Party
ContributedCapitalAssociatedwithPensionToBeContributedbyRelatedParty
1000000 USD
CY2017Q3 zts Cost Reduction Initiatives And Acquisition Costs
CostReductionInitiativesAndAcquisitionCosts
2000000 USD
zts Cost Reduction Initiatives And Acquisition Costs
CostReductionInitiativesAndAcquisitionCosts
4000000 USD
CY2018Q2 zts Cost Reduction Initiatives And Acquisition Costs
CostReductionInitiativesAndAcquisitionCosts
4000000 USD
zts Cost Reduction Initiatives And Acquisition Costs
CostReductionInitiativesAndAcquisitionCosts
6000000 USD
CY2018Q2 zts Decreasetotheonetimemandatorydeemedrepatriationtaxobligation
Decreasetotheonetimemandatorydeemedrepatriationtaxobligation
33000000 USD
zts Decreasetotheonetimemandatorydeemedrepatriationtaxobligation
Decreasetotheonetimemandatorydeemedrepatriationtaxobligation
35000000 USD
CY2017Q4 zts Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Actof2017 Percent
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActof2017Percent
0.21
CY2018Q2 zts Line Of Credit Facility Covenant Compliance Minimum Interest Coverage Ratio
LineOfCreditFacilityCovenantComplianceMinimumInterestCoverageRatio
3.50
zts Non Cash Transfersto Related Party
NonCashTransferstoRelatedParty
1000000 USD
zts Non Cash Transfersto Related Party
NonCashTransferstoRelatedParty
1000000 USD
CY2018Q2 zts Number Of Core Animal Species Marketed
NumberOfCoreAnimalSpeciesMarketed
8 species
CY2018Q2 zts Number Of Major Product Categories
NumberOfMajorProductCategories
5 category
CY2018Q2 zts Number Of Major Product Categories
NumberOfMajorProductCategories
300 product_category
CY2018Q2 zts Numberof Regional Segments
NumberofRegionalSegments
2 region
zts Restructuring And Other Related Costs Net Of Payments
RestructuringAndOtherRelatedCostsNetOfPayments
-1000000 USD
zts Restructuring And Other Related Costs Net Of Payments
RestructuringAndOtherRelatedCostsNetOfPayments
7000000 USD
CY2017Q3 zts Restructuring Charges And Acquisition Related Costs
RestructuringChargesAndAcquisitionRelatedCosts
0 USD
zts Restructuring Charges And Acquisition Related Costs
RestructuringChargesAndAcquisitionRelatedCosts
-1000000 USD
CY2018Q2 zts Restructuring Charges And Acquisition Related Costs
RestructuringChargesAndAcquisitionRelatedCosts
5000000 USD
zts Restructuring Charges And Acquisition Related Costs
RestructuringChargesAndAcquisitionRelatedCosts
7000000 USD
zts Restructuring Reserve Utilization And Other
RestructuringReserveUtilizationAndOther
13000000 USD
CY2017Q4 zts Tax Cuts And Jobs Actof2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
212000000 USD
zts Thefairvalueofournoncontrollinginterestina Vie
ThefairvalueofournoncontrollinginterestinaVIE
18000000 USD
us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;text-decoration:underline;">Guarantees and Indemnifications</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;">In the ordinary course of business and in connection with the sale of assets and businesses, we indemnify our counterparties against certain liabilities that may arise in connection with the transaction or related to activities prior to the transaction. These indemnifications typically pertain to environmental, tax, employee and/or product-related matters and patent-infringement claims. If the indemnified party were to make a successful claim pursuant to the terms of the indemnification, we would be required to reimburse the loss. These indemnifications are generally subject to threshold amounts, specified claim periods and other restrictions and limitations. Historically, we have not paid significant amounts under these provisions and, as of </font><font style="font-family:inherit;font-size:9pt;">June&#160;30, 2018</font><font style="font-family:inherit;font-size:9pt;">, recorded amounts for the estimated fair value of these indemnifications were not significant.</font></div></div>
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;">45</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;">100</font><font style="font-family:inherit;font-size:9pt;"> countries, including developed markets and emerging markets. 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: vaccines, anti-infectives, parasiticides, medicated feed additives and other pharmaceuticals.</font></div></div>
us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:12px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;text-decoration:underline;">B.&#160;&#160;&#160;&#160;Revenue Accounting Policy</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Below are the significant accounting policies updated as of January 1, 2018 as a result of the adoption of the new revenue recognition guidance. For additional information, see </font><font style="font-family:inherit;font-size:9pt;font-style:italic;">Note 3. Accounting Standards</font><font style="font-family:inherit;font-size:9pt;">.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">We recognize revenue from product sales when control of the goods has transferred to the customer, which is typically once the goods have shipped and the customer has assumed title.</font><font style="font-family:inherit;font-size:9pt;font-style:italic;"> </font><font style="font-family:inherit;font-size:9pt;">Revenue reflects the total consideration to which we expect to be entitled (i.e. the transaction price), in exchange for products sold, after considering various types of variable consideration including rebates, sales allowances, product returns and discounts. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Variable consideration is estimated and recorded at the time that related revenue is recognized. Our estimates reflect the amount by which we expect variable consideration to impact revenue recognized and are generally based on contractual terms or historical experience, adjusted as necessary to reflect our expectations about the future. Our customer payment terms generally range from 60 to 90 days.</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;">Estimates of variable consideration utilize a complex series of judgments and assumptions to determine the amount by which we expect revenue to be reduced, for example;</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:9pt;padding-left:24px;"><font style="font-family:inherit;font-size:9pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">for sales returns, we perform calculations in each market that incorporate the following, as appropriate: local returns policies and practices; historic returns as a percentage of revenue; estimated shelf life by product; an estimate of the amount of time between shipment and return or lag time; and any other factors that could impact the estimate of future returns, product recalls, discontinuation of products or a changing competitive environment; and </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:9pt;padding-left:24px;"><font style="font-family:inherit;font-size:9pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">for revenue incentives, we use our historical experience with similar incentives programs to estimate the impact of such programs on revenue for the current period. </font></div></td></tr></table><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;">Although the amounts recorded for these revenue deductions are dependent on estimates and assumptions, historically our adjustments to actual results have not been material. The sensitivity of our estimates can vary by program, type of customer and geographic location.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">A deferral of revenue may be required in the event that we have not satisfied all customer obligations for which we have been compensated. The transaction price is allocated to the individual performance obligations on the basis of relative stand-alone selling price, which is typically based on actual sales prices. Revenue associated with unsatisfied performance obligations are contract liabilities, is recorded within </font><font style="font-family:inherit;font-size:9pt;font-style:italic;">Other current liabilities</font><font style="font-family:inherit;font-size:9pt;">, and is recognized once control of the underlying products has transferred to the customer. Contract liabilities reflected within </font><font style="font-family:inherit;font-size:9pt;font-style:italic;">Other current liabilities</font><font style="font-family:inherit;font-size:9pt;"> as of the adoption date and subsequently recognized as revenue during the first six months of 2018 were approximately </font><font style="font-family:inherit;font-size:9pt;">$2 million</font><font style="font-family:inherit;font-size:9pt;">. Contract liabilities as of </font><font style="font-family:inherit;font-size:9pt;">June&#160;30, 2018</font><font style="font-family:inherit;font-size:9pt;"> were approximately </font><font style="font-family:inherit;font-size:9pt;">$3 million</font><font style="font-family:inherit;font-size:9pt;">.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">We do not disclose the transaction price allocated to unsatisfied performance obligations related to contracts with an original expected duration of one year or less, or for contracts for which we recognize revenue in line with our right to invoice the customer. Estimated future revenue expected to be generated from long-term contracts with unsatisfied performance obligations as of </font><font style="font-family:inherit;font-size:9pt;">June&#160;30, 2018</font><font style="font-family:inherit;font-size:9pt;"> are not material. </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;">Taxes collected from customers relating to product sales and remitted to governmental authorities are excluded from </font><font style="font-family:inherit;font-size:9pt;font-style:italic;">Revenue.</font><font style="font-family:inherit;font-size:9pt;"> Shipping and handling costs incurred after control of the purchased product has transferred to the customer are accounted for as a fulfillment cost, within </font><font style="font-family:inherit;font-size:9pt;font-style:italic;">Selling, general and administrative expenses.</font></div></div>

Files In Submission

Name View Source Status
0001555280-18-000226-index-headers.html Edgar Link pending
0001555280-18-000226-index.html Edgar Link pending
0001555280-18-000226.txt Edgar Link pending
0001555280-18-000226-xbrl.zip Edgar Link pending
a2018q210qex101.htm Edgar Link pending
a2018q210qex12.htm Edgar Link pending
a2018q210qex15.htm Edgar Link pending
a2018q210qex311.htm Edgar Link pending
a2018q210qex312.htm Edgar Link pending
a2018q210qex321.htm Edgar Link pending
a2018q210qex322.htm Edgar Link pending
a2018q2form10-q.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
zts-20180630.xml Edgar Link completed
zts-20180630.xsd Edgar Link pending
zts-20180630_cal.xml Edgar Link unprocessable
zts-20180630_def.xml Edgar Link unprocessable
zts-20180630_lab.xml Edgar Link unprocessable
zts-20180630_pre.xml Edgar Link unprocessable