2020 Form 10-K Financial Statement

#000155528021000098 Filed on February 16, 2021

View on sec.gov

Income Statement

Concept 2020 2019 Q4 2019
Revenue $6.675B $1.674B $6.260B
YoY Change 6.63% 7.03% 7.47%
Cost Of Revenue $2.057B $526.0M $1.992B
YoY Change 3.26% -1.5% 4.24%
Gross Profit $4.618B $1.148B $4.268B
YoY Change 8.2% 11.46% 9.04%
Gross Profit Margin 69.18% 68.58% 68.18%
Selling, General & Admin $1.726B $472.0M $1.638B
YoY Change 5.37% 12.38% 10.38%
% of Gross Profit 37.38% 41.11% 38.38%
Research & Development $463.0M $132.0M $457.0M
YoY Change 1.31% 5.6% 5.79%
% of Gross Profit 10.03% 11.5% 10.71%
Depreciation & Amortization $441.0M $109.0M $412.0M
YoY Change 7.04% 7.92% 33.77%
% of Gross Profit 9.55% 9.49% 9.65%
Operating Expenses $2.189B $643.0M $2.095B
YoY Change 4.49% 9.54% 9.34%
Operating Profit $2.429B $505.0M $2.173B
YoY Change 11.78% 14.0% 8.76%
Interest Expense $231.0M -$50.00M $223.0M
YoY Change 3.59% -5.66% 8.25%
% of Operating Profit 9.51% -9.9% 10.26%
Other Income/Expense, Net -$17.00M $57.00M
YoY Change -129.82% -31.33%
Pretax Income $1.996B $437.0M $1.801B
YoY Change 10.83% 4.55% 6.57%
Income Tax $360.0M $53.00M $301.0M
% Of Pretax Income 18.04% 12.13% 16.71%
Net Earnings $1.638B $384.0M $1.500B
YoY Change 9.2% 11.3% 5.04%
Net Earnings / Revenue 24.54% 22.94% 23.96%
Basic Earnings Per Share $3.44 $0.81 $3.14
Diluted Earnings Per Share $3.42 $0.80 $3.11
COMMON SHARES
Basic Shares Outstanding 475.5M shares 476.3M shares 478.1M shares
Diluted Shares Outstanding 478.6M shares 481.8M shares

Balance Sheet

Concept 2020 2019 Q4 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.602B $1.932B $1.932B
YoY Change 86.44% 13.58% 13.58%
Cash & Equivalents $3.602B $1.934B $1.932B
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $368.0M $318.0M $320.0M
YoY Change 15.0% 17.34% 18.08%
Inventory $1.628B $1.410B $1.410B
Prepaid Expenses
Receivables $1.013B $1.086B $1.086B
Other Receivables $0.00 $37.00M $0.00
Total Short-Term Assets $6.611B $4.748B $4.748B
YoY Change 39.24% 7.93% 7.93%
LONG-TERM ASSETS
Property, Plant & Equipment $2.394B $1.940B $2.129B
YoY Change 12.45% 17.01% 28.41%
Goodwill $2.592B
YoY Change 2.9%
Intangibles $1.890B
YoY Change -7.62%
Long-Term Investments
YoY Change
Other Assets $200.0M $98.00M $186.0M
YoY Change 7.53% 4.26% 20.0%
Total Long-Term Assets $6.998B $6.752B $6.797B
YoY Change 2.96% 5.48% 6.57%
TOTAL ASSETS
Total Short-Term Assets $6.611B $4.748B $4.748B
Total Long-Term Assets $6.998B $6.752B $6.797B
Total Assets $13.61B $11.50B $11.55B
YoY Change 17.88% 6.48% 7.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $457.0M $301.0M $301.0M
YoY Change 51.83% -3.83% -3.83%
Accrued Expenses $891.0M $543.0M $854.0M
YoY Change 4.33% 11.5% 13.41%
Deferred Revenue $11.00M
YoY Change 450.0%
Short-Term Debt $4.000M $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $600.0M $500.0M $500.0M
YoY Change 20.0% 5455.56%
Total Short-Term Liabilities $2.170B $1.806B $1.806B
YoY Change 20.16% 47.67% 47.67%
LONG-TERM LIABILITIES
Long-Term Debt $6.595B $5.947B $5.947B
YoY Change 10.9% -7.7% -7.7%
Other Long-Term Liabilities $693.0M $229.0M $650.0M
YoY Change 6.62% 22.46% 43.81%
Total Long-Term Liabilities $7.288B $6.176B $6.597B
YoY Change 10.47% -6.85% -4.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.170B $1.806B $1.806B
Total Long-Term Liabilities $7.288B $6.176B $6.597B
Total Liabilities $9.840B $8.837B $8.837B
YoY Change 11.35% 2.85% 2.85%
SHAREHOLDERS EQUITY
Retained Earnings $4.427B
YoY Change 35.38%
Common Stock $5.000M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.042B
YoY Change 37.32%
Treasury Stock Shares 26.40M shares
Shareholders Equity $3.769B $2.708B $2.708B
YoY Change
Total Liabilities & Shareholders Equity $13.61B $11.55B $11.55B
YoY Change 17.88% 7.13% 7.13%

Cashflow Statement

Concept 2020 2019 Q4 2019
OPERATING ACTIVITIES
Net Income $1.638B $384.0M $1.500B
YoY Change 9.2% 11.3% 5.04%
Depreciation, Depletion And Amortization $441.0M $109.0M $412.0M
YoY Change 7.04% 7.92% 33.77%
Cash From Operating Activities $2.126B $582.0M $1.795B
YoY Change 18.44% -0.34% 0.28%
INVESTING ACTIVITIES
Capital Expenditures $453.0M -$166.0M $460.0M
YoY Change -1.52% 20.29% 36.09%
Acquisitions $0.00 $0.00
YoY Change -100.0%
Other Investing Activities $0.00 -$47.00M $8.000M
YoY Change -100.0% -173.44% 14.29%
Cash From Investing Activities -$572.0M -$213.0M -$504.0M
YoY Change 13.49% 187.84% -77.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $250.0M $626.0M
YoY Change -60.06% -10.32%
Debt Paid & Issued, Net $500.0M $0.00
YoY Change
Cash From Financing Activities $123.0M -250.0M -$951.0M
YoY Change -112.93% 26.9% -278.42%
NET CHANGE
Cash From Operating Activities $2.126B 582.0M $1.795B
Cash From Investing Activities -$572.0M -213.0M -$504.0M
Cash From Financing Activities $123.0M -250.0M -$951.0M
Net Change In Cash $1.670B 119.0M $332.0M
YoY Change 403.01% -61.98% 773.68%
FREE CASH FLOW
Cash From Operating Activities $2.126B $582.0M $1.795B
Capital Expenditures $453.0M -$166.0M $460.0M
Free Cash Flow $1.673B $748.0M $1.335B
YoY Change 25.32% 3.6% -8.06%

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etis Inc. (including its subsidiaries, collectively, Zoetis, the company, we, us or our) is a global leader in the animal health industry, focused on the discovery, development, manufacture and commercialization of medicines, vaccines, diagnostic products, biodevices, genetic tests and precision livestock farming technology. We organize and operate our business in two geographic regions: the United States (U.S.) and International. <div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We directly market our products in approximately 45 countries across North America, Europe, Africa, Asia, Australia and South America. Our products are sold in more than 100 countries, including developed markets and emerging markets. We have a diversified business, marketing products across eight core species: dogs, cats and horses (collectively, companion animals) and cattle, swine, poultry, fish and sheep (collectively, livestock); and within seven major product categories: vaccines, anti-infectives, parasiticides, dermatology, other pharmaceutical products, medicated feed additives and animal health diagnostics. </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">We were incorporated in Delaware in July 2012 and prior to that the company was a business unit of Pfizer Inc. (Pfizer).</span></div>
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CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:120%;text-decoration:underline">Estimates and Assumptions</span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In preparing the consolidated financial statements, we use certain estimates and assumptions that affect reported amounts and disclosures, including amounts recorded in connection with acquisitions. These estimates and underlying assumptions can impact all elements of our consolidated financial statements. For example, in the Consolidated Statements of Income, estimates are used when accounting for deductions from revenue (such as rebates, sales allowances, product returns and discounts), determining cost of sales, allocating cost in the form of depreciation and amortization, and estimating restructuring charges and the impact of contingencies. On the Consolidated Balance Sheets, estimates are used in determining the valuation and recoverability of assets, such as accounts receivables, inventories, fixed assets, goodwill and other identifiable intangible assets, and estimates are used in determining the reported amounts of liabilities, such as taxes payable, uncertain tax positions, benefit obligations, the impact of contingencies, deductions from revenue and restructuring reserves, all of which also impact the Consolidated Statements of Income. </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Our estimates are often based on complex judgments, probabilities and assumptions that we believe to be reasonable but that can be inherently uncertain and unpredictable. If our estimates and assumptions are not representative of actual outcomes, our results could be materially impacted. </span></div><div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">As future events and their effects cannot be determined with precision, our estimates and assumptions may prove to be incomplete or inaccurate, or unanticipated events and circumstances may occur that might cause us to change those estimates and assumptions. We are subject to risks and uncertainties that may cause actual results to differ from estimated amounts, such as changes in competition, litigation, legislation and regulations. We regularly evaluate our estimates and assumptions using historical experience and expectations about the future. We adjust our estimates and </span></div>assumptions when facts and circumstances indicate the need for change. Those changes generally will be reflected in our consolidated financial statements on a prospective basis unless they are required to be treated retrospectively under relevant accounting standards. It is possible that others, applying reasonable judgment to the same facts and circumstances, could develop and support a range of alternative estimated amounts.
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
8000000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
13000000 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
167000000 USD
CY2020 us-gaap Advertising Expense
AdvertisingExpense
233000000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
158000000 USD
CY2020Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
59000000 USD
CY2019Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
74000000 USD
CY2020 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
46000000 USD
CY2018 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
23000000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1013000000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1086000000 USD
CY2020Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
48000000 USD
CY2019Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
37000000 USD
CY2020 zts Income Tax Contingency Benefit Recognition Model Percent
IncomeTaxContingencyBenefitRecognitionModelPercent
0.50
CY2020Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
25000000 USD
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
23000000 USD
CY2020Q4 zts Numberof Comprehensive Product Lines
NumberofComprehensiveProductLines
300 product_category
CY2020 us-gaap Revenues
Revenues
6675000000 USD
CY2019 us-gaap Revenues
Revenues
6260000000 USD
CY2018 us-gaap Revenues
Revenues
5825000000 USD
CY2019 zts Revenue By Country Exceeded
RevenueByCountryExceeded
100000000 USD
CY2020 zts Revenue By Country Exceeded
RevenueByCountryExceeded
100000000 USD
CY2020 zts Revenue By Country Exceeded Number Of Countries
RevenueByCountryExceededNumberOfCountries
11000000 country
CY2019 zts Revenue By Country Exceeded Number Of Countries
RevenueByCountryExceededNumberOfCountries
11000000 country
CY2018 zts Revenue By Country Exceeded Number Of Countries
RevenueByCountryExceededNumberOfCountries
10000000 country
CY2020 us-gaap Revenues
Revenues
6675000000 USD
CY2019 us-gaap Revenues
Revenues
6260000000 USD
CY2018 us-gaap Revenues
Revenues
5825000000 USD
CY2020 us-gaap Revenues
Revenues
6675000000 USD
CY2019 us-gaap Revenues
Revenues
6260000000 USD
CY2018 us-gaap Revenues
Revenues
5825000000 USD
CY2020 us-gaap Revenues
Revenues
6675000000 USD
CY2019 us-gaap Revenues
Revenues
6260000000 USD
CY2018 us-gaap Revenues
Revenues
5825000000 USD
CY2020 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.14
CY2019 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.15
CY2018 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.13
CY2019Q3 us-gaap Business Acquisition Name Of Acquired Entity
BusinessAcquisitionNameOfAcquiredEntity
Abaxis, Inc. (Abaxis), a California corporation and a leader in the development, manufacture and marketing of diagnostic instruments for veterinary point-of-care services
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
18000000 USD
CY2019 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
43000000 USD
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
61000000 USD
CY2020 us-gaap Business Exit Costs1
BusinessExitCosts1
0 USD
CY2019 us-gaap Business Exit Costs1
BusinessExitCosts1
0 USD
CY2018 us-gaap Business Exit Costs1
BusinessExitCosts1
1000000 USD
CY2020 zts Restructuring Charges And Acquisition Related Costs
RestructuringChargesAndAcquisitionRelatedCosts
25000000 USD
CY2019 zts Restructuring Charges And Acquisition Related Costs
RestructuringChargesAndAcquisitionRelatedCosts
51000000 USD
CY2018 zts Restructuring Charges And Acquisition Related Costs
RestructuringChargesAndAcquisitionRelatedCosts
68000000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
41000000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
26000000 USD
CY2018 zts Restructuring Reserve Utilization And Other
RestructuringReserveUtilizationAndOther
22000000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
45000000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
33000000 USD
CY2019 zts Restructuring Reserve Utilization And Other
RestructuringReserveUtilizationAndOther
33000000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
45000000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
8000000 USD
CY2020 zts Restructuring Reserve Utilization And Other
RestructuringReserveUtilizationAndOther
32000000 USD
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
21000000 USD
CY2020 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
12000000 USD
CY2019 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
16000000 USD
CY2018 us-gaap Royalty Income Nonoperating
RoyaltyIncomeNonoperating
28000000 USD
CY2020 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
12000000 USD
CY2019 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
37000000 USD
CY2018 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
31000000 USD
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
26000000 USD
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2018 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2020 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
19000000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
20000000 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
40000000 USD
CY2020 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
4000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2869000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1358000000 USD
CY2019 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2018 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2020 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
4000000 USD
CY2019 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 USD
CY2018 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 USD
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-21000000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-16000000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-31000000 USD
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5000000 USD
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
15000000 USD
CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-17000000 USD
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
57000000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
83000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1996000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1801000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1690000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
360000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
301000000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
266000000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.009
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.006
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.018
CY2020 zts Unrecognized Tax Benefits And Tax Settlements And Resolution Of Certain Tax Positions
UnrecognizedTaxBenefitsAndTaxSettlementsAndResolutionOfCertainTaxPositions
0.001
CY2019 zts Unrecognized Tax Benefits And Tax Settlements And Resolution Of Certain Tax Positions
UnrecognizedTaxBenefitsAndTaxSettlementsAndResolutionOfCertainTaxPositions
0.005
CY2018 zts Unrecognized Tax Benefits And Tax Settlements And Resolution Of Certain Tax Positions
UnrecognizedTaxBenefitsAndTaxSettlementsAndResolutionOfCertainTaxPositions
0.012
CY2020 zts Tax Cuts And Jobs Actof2017impactofchangeintaxlaw
TaxCutsAndJobsActof2017impactofchangeintaxlaw
0
CY2019 zts Tax Cuts And Jobs Actof2017impactofchangeintaxlaw
TaxCutsAndJobsActof2017impactofchangeintaxlaw
0
CY2018 zts Tax Cuts And Jobs Actof2017impactofchangeintaxlaw
TaxCutsAndJobsActof2017impactofchangeintaxlaw
-0.039
CY2020 zts Impactoftaxaccountingmethodchanges
Impactoftaxaccountingmethodchanges
0
CY2019 zts Impactoftaxaccountingmethodchanges
Impactoftaxaccountingmethodchanges
0
CY2018 zts Impactoftaxaccountingmethodchanges
Impactoftaxaccountingmethodchanges
-0.013
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.007
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.007
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.005
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.013
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.010
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.008
CY2020 zts Effective Income Tax Rate Reconciliation Nondeductible Items
EffectiveIncomeTaxRateReconciliationNondeductibleItems
0.004
CY2019 zts Effective Income Tax Rate Reconciliation Nondeductible Items
EffectiveIncomeTaxRateReconciliationNondeductibleItems
-0.002
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
157000000 USD
CY2018 zts Effective Income Tax Rate Reconciliation Nondeductible Items
EffectiveIncomeTaxRateReconciliationNondeductibleItems
-0.016
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.016
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.031
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.003
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.008
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.004
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.180
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.167
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.157
CY2020Q4 zts Deferred Tax Asset Temporary Differences Prepaid Deferred Items
DeferredTaxAssetTemporaryDifferencesPrepaidDeferredItems
64000000 USD
CY2019Q4 zts Deferred Tax Asset Temporary Differences Prepaid Deferred Items
DeferredTaxAssetTemporaryDifferencesPrepaidDeferredItems
42000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
15000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
1000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
237000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
296000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
168000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
149000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
59000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
61000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
3000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
4000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
15000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
14000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
127000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
122000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
6000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
6000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
-1000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1000000 USD
CY2020Q4 zts Deferred Tax Asset Before Valuation Allowance Netof Deferred Tax Liability
DeferredTaxAssetBeforeValuationAllowanceNetofDeferredTaxLiability
127000000 USD
CY2019Q4 zts Deferred Tax Asset Before Valuation Allowance Netof Deferred Tax Liability
DeferredTaxAssetBeforeValuationAllowanceNetofDeferredTaxLiability
210000000 USD
CY2020Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
6200000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
136000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
284000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
346000000 USD
CY2020Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
94000000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
378000000 USD
CY2019Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
88000000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
434000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
157000000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
136000000 USD
CY2020Q4 zts Unrecognized Tax Benefits Net Liabilities
UnrecognizedTaxBenefitsNetLiabilities
187000000 USD
CY2019Q4 zts Unrecognized Tax Benefits Net Liabilities
UnrecognizedTaxBenefitsNetLiabilities
180000000 USD
CY2018Q4 zts Unrecognized Tax Benefits Net Liabilities
UnrecognizedTaxBenefitsNetLiabilities
182000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
182000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
8000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
11000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
185000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
164000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
6000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
12000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
6000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
3000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
188000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
182000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
185000000 USD
CY2020 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
2000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
2000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
1000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
11000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
9000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
8000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
3000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
3000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
3000000 USD
CY2020Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
79000000 USD
CY2020Q4 us-gaap Line Of Credit
LineOfCredit
4000000 USD
CY2020Q4 us-gaap Commercial Paper
CommercialPaper
0 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
7250000000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
6500000000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-66000000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-51000000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
600000000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000000 USD
CY2020Q4 us-gaap Hedged Liability Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
11000000 USD
CY2019Q4 us-gaap Hedged Liability Fair Value Hedge Cumulative Increase Decrease
HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease
-2000000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6595000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5947000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
600000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1350000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2020Q4 zts Long Term Debt Maturities Repayments Of Principal In Year Six
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearSix
750000000 USD
CY2020Q4 zts Long Term Debt Maturities Repayments Of Principal After Yearsix
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearsix
4550000000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
7250000000 USD
CY2020 us-gaap Interest Expense
InterestExpense
231000000 USD
CY2019 us-gaap Interest Expense
InterestExpense
223000000 USD
CY2018 us-gaap Interest Expense
InterestExpense
206000000 USD
CY2020 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
17000000 USD
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
13000000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0312
CY2018 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
9000000 USD
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CY2019Q4 us-gaap Operating Lease Right Of Use Asset
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CY2019Q4 us-gaap Operating Lease Liability Current
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35000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
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CY2019Q4 us-gaap Operating Lease Liability Noncurrent
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164000000 USD
CY2020Q4 us-gaap Operating Lease Liability
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CY2019Q4 us-gaap Operating Lease Liability
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CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P6Y7M2D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y1M13D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2020 us-gaap Operating Lease Expense
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CY2019 us-gaap Operating Lease Expense
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CY2020 us-gaap Variable Lease Payment
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CY2019 us-gaap Variable Lease Payment
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CY2020 us-gaap Short Term Lease Payments
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CY2019 us-gaap Short Term Lease Payments
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CY2020 us-gaap Operating Lease Payments
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CY2019 us-gaap Operating Lease Payments
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42000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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46000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2020Q4 us-gaap Property Plant And Equipment Net
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CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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1952000000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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1737000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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27000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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21000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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57000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
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222000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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19000000 USD
CY2020Q4 us-gaap Operating Lease Liability
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203000000 USD
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CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
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CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
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CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
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CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
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CY2020Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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229000000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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198000000 USD
CY2020Q4 us-gaap Inventory Net
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1628000000 USD
CY2019Q4 us-gaap Inventory Net
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1410000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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CY2019Q4 us-gaap Property Plant And Equipment Gross
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CY2020Q4 us-gaap Land
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CY2019Q4 us-gaap Land
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CY2020Q4 us-gaap Buildings And Improvements Gross
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CY2019Q4 us-gaap Buildings And Improvements Gross
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CY2020Q4 us-gaap Machinery And Equipment Gross
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2440000000 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
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CY2020Q4 us-gaap Construction In Progress Gross
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CY2019Q4 us-gaap Construction In Progress Gross
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CY2020 us-gaap Depreciation
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CY2019 us-gaap Depreciation
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CY2018 us-gaap Depreciation
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CY2018Q4 us-gaap Goodwill
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CY2019Q4 us-gaap Goodwill
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CY2020 us-gaap Goodwill Period Increase Decrease
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CY2020 us-gaap Goodwill Other Increase Decrease
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CY2020Q4 us-gaap Goodwill
Goodwill
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CY2019Q4 us-gaap Goodwill Gross
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CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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CY2020 us-gaap Finite Lived Intangible Asset Useful Life
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CY2019 us-gaap Amortization Of Intangible Assets
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237000000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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157000000 USD
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203000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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191000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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183000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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164000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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149000000 USD
CY2020 zts Contributed Capital Associatedwith Pension To Be Contributedby Related Party
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CY2019 zts Contributed Capital Associatedwith Pension To Be Contributedby Related Party
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CY2019 us-gaap Pension And Other Postretirement Benefit Expense
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CY2018 us-gaap Pension And Other Postretirement Benefit Expense
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CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
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144000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Benefit Obligation
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CY2020 us-gaap Defined Benefit Plan Service Cost
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CY2019 us-gaap Defined Benefit Plan Service Cost
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CY2020 us-gaap Defined Benefit Plan Interest Cost
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CY2019 us-gaap Defined Benefit Plan Interest Cost
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CY2020 us-gaap Defined Benefit Plan Actuarial Gain Loss
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CY2019 us-gaap Defined Benefit Plan Actuarial Gain Loss
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19000000 USD
CY2020 zts Defined Benefit Plan Plan Settlement
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CY2019 zts Defined Benefit Plan Plan Settlement
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1000000 USD
CY2020 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
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CY2019 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
2000000 USD
CY2020 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
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12000000 USD
CY2019 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
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CY2020 us-gaap Defined Benefit Plan Other Changes
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CY2019 us-gaap Defined Benefit Plan Other Changes
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CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
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CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
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144000000 USD
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CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2020 us-gaap Defined Benefit Plan Actual Return On Plan Assets
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CY2019 us-gaap Defined Benefit Plan Actual Return On Plan Assets
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7000000 USD
CY2020 us-gaap Defined Benefit Plan Contributions By Employer
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CY2019 us-gaap Defined Benefit Plan Contributions By Employer
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CY2020 zts Plan Assets Plan Settlement
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CY2019 zts Plan Assets Plan Settlement
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CY2020 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
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CY2019 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
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CY2020 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
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6000000 USD
CY2019 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
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CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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72000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
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CY2019Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
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CY2019 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
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32000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses After Tax
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22000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
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32000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses After Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesAfterTax
22000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
77000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
65000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
131000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
113000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
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162000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
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138000000 USD
CY2020 us-gaap Defined Benefit Plan Service Cost
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8000000 USD
CY2019 us-gaap Defined Benefit Plan Service Cost
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6000000 USD
CY2018 us-gaap Defined Benefit Plan Service Cost
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7000000 USD
CY2020 us-gaap Defined Benefit Plan Interest Cost
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CY2019 us-gaap Defined Benefit Plan Interest Cost
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CY2018 us-gaap Defined Benefit Plan Interest Cost
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3000000 USD
CY2020 us-gaap Defined Benefit Plan Expected Return On Plan Assets
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CY2019 us-gaap Defined Benefit Plan Expected Return On Plan Assets
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3000000 USD
CY2018 us-gaap Defined Benefit Plan Expected Return On Plan Assets
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3000000 USD
CY2020 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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CY2019 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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CY2018 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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CY2019 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
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CY2018 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
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1000000 USD
CY2020 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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9000000 USD
CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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7000000 USD
CY2018 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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7000000 USD
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0.012
CY2019Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
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0.013
CY2018Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
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0.023
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0.031
CY2019Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
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0.031
CY2018Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
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0.030
CY2020Q4 zts Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Cash Balance Credit Interest Rate
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CY2019Q4 zts Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Cash Balance Credit Interest Rate
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CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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0.023
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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0.022
CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
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0.038
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
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0.041
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
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0.044
CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
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CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
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CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
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0.030
CY2020 zts Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Cash Balance Credit Interest Rate
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CY2019 zts Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Cash Balance Credit Interest Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostCashBalanceCreditInterestRate
0.017
CY2018 zts Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Cash Balance Credit Interest Rate
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CY2020 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
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1
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85000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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72000000 USD
CY2020Q4 zts Defined Benefit Plan Cash And Cash Equivalents
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0.012
CY2019Q4 zts Defined Benefit Plan Cash And Cash Equivalents
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0.017
CY2020Q4 zts Defined Benefit Plan Equity Securities Assets
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0.370
CY2019Q4 zts Defined Benefit Plan Equity Securities Assets
DefinedBenefitPlanEquitySecuritiesAssets
0.369
CY2020Q4 zts Defined Benefit Plan Debt Securities Assets
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0.502
CY2019Q4 zts Defined Benefit Plan Debt Securities Assets
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0.497
CY2020Q4 zts Defined Benefit Plan Real Estate And Defined Benefit Plan Other Investments
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0.116
CY2019Q4 zts Defined Benefit Plan Real Estate And Defined Benefit Plan Other Investments
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0.117
CY2020Q4 us-gaap Defined Benefit Plan Plan Assets Target Allocation Percentage
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1
CY2020Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
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1
CY2019Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1
CY2020 zts Defined Contribution Plan Minimum Annual Contributions Per Employee Percent
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0
CY2020 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
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0.08
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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144.13
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
48000000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
46000000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
43000000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
25000000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
11000000 shares
CY2020 zts Allocated Share Based Compensation Expense Direct And Indirect Expense
AllocatedShareBasedCompensationExpenseDirectAndIndirectExpense
59000000 USD
CY2019 zts Allocated Share Based Compensation Expense Direct And Indirect Expense
AllocatedShareBasedCompensationExpenseDirectAndIndirectExpense
67000000 USD
CY2018 zts Allocated Share Based Compensation Expense Direct And Indirect Expense
AllocatedShareBasedCompensationExpenseDirectAndIndirectExpense
53000000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
7000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
10000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
7000000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
52000000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
57000000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
46000000 USD
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1000000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0055
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0075
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0069
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0141
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0256
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0274
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2433
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2308
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2361
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y6M
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y8M12D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3463624 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
51.64
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
309974 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
76000000 USD
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1201072 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
47.80
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
18075 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
65.81
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2554451 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
64.43
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y8M12D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
258000000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1378614 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
37.05
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y8M12D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
177000000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
34.22
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
21.84
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.30
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
114000000 USD
CY2020 zts Numberof Daysinwhich Awardswillbe Settledand Paid
NumberofDaysinwhichAwardswillbeSettledandPaid
P60D
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
66000000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
57000000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
39000000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
36000000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
39000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
31000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
23000000 USD
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
6000000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000000 shares
CY2020 us-gaap Profit Loss
ProfitLoss
1636000000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
1500000000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
1424000000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2000000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4000000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
1638000000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
1500000000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
1428000000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
475502000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
478128000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
483063000.000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3067000.000 shares
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.96
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.42
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3659000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3835000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
478569000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
481787000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
486898000 shares
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.44
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.14
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.11
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.93
CY2014Q3 zts Numberof Deaths Contaminationof Animal Feed
NumberofDeathsContaminationofAnimalFeed
50000 animal
CY2014Q3 zts Numberof Contaminated Contaminationof Animal Feed
NumberofContaminatedContaminationofAnimalFeed
20000 animal
CY2015Q2 us-gaap Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
1 count
CY2020 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
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 December 31, 2020, recorded amounts for the estimated fair value of these indemnifications were not significant.
CY2020 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
376000000 USD
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2020Q4 us-gaap Assets
Assets
13600000000 USD
CY2019Q4 us-gaap Assets
Assets
11500000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1996000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1801000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1690000000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
441000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
412000000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
308000000 USD
CY2020Q4 us-gaap Inventory Adjustments
InventoryAdjustments
69000000 USD
CY2020 us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
20000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2202000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1940000000 USD
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
21000000 USD
CY2020 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
3000000 USD
CY2020 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
4000000 USD
CY2020Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
20000000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
24000000 USD
CY2019 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
3000000 USD
CY2019 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
6000000 USD
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
21000000 USD
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
25000000 USD
CY2018 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
2000000 USD
CY2018 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
3000000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
24000000 USD

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