Zoetis Inc(NYSE:ZTS) 
Zoetis Inc. discovers, develops, manufactures, and commercializes animal health medicines, vaccines, and diagnostic products in the United States and internationally. It commercializes products primarily across species, including livestock, such as cattle, swine, poultry, fish, and sheep; and compan...
Website: http://www.zoetis.com
Founded: 1952
Full Time Employees: 10,600
Sector: Healthcare
Industry: Drug Manufacturers-Specialty & Generic
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-08-06 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-10-01 | 2017-07-02 | 2017-04-02 | 2016-12-31 | 2016-10-02 | 2016-07-03 | 2016-04-03 | 2015-12-31 | 2015-09-27 | 2015-06-28 | 2015-03-29 | 2014-12-31 | 2014-09-28 | 2014-06-29 | 2014-03-30 | 2013-12-31 | 2013-09-29 | 2013-06-30 | 2013-03-31 | 2012-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 2,262,000,000 | 2,387,000,000 | 2,400,000,000 | 2,460,000,000 | 2,220,000,000 | 2,317,000,000 | 2,388,000,000 | 2,361,000,000 | 2,190,000,000 | 2,213,000,000 | 2,151,000,000 | 2,180,000,000 | 2,000,000,000 | 2,040,000,000 | 2,002,000,000 | 2,052,000,000 | 1,986,000,000 | 1,967,000,000 | 1,990,000,000 | 1,948,000,000 | 1,871,000,000 | 1,807,000,000 | 1,786,000,000 | 1,548,000,000 | 1,534,000,000 | 1,674,000,000 | 1,584,000,000 | 1,547,000,000 | 1,547,000,000 | 1,455,000,000 | 1,564,000,000 | 1,480,000,000 | 1,415,000,000 | 1,366,000,000 | 1,460,000,000 | 1,347,000,000 | 1,269,000,000 | 1,231,000,000 | 1,277,000,000 | 1,241,000,000 | 1,208,000,000 | 1,162,000,000 | 1,274,000,000 | 1,214,000,000 | 1,175,000,000 | 1,102,000,000 | 1,320,000,000 | 1,210,000,000 | 1,158,000,000 | 1,097,000,000 | 1,254,000,000 | 1,103,000,000 | 1,114,000,000 | ||
yoy | 1.89% | 3.02% | 0.50% | 4.19% | 1.37% | 4.70% | 11.02% | 8.30% | 9.50% | 8.48% | 7.44% | 6.24% | 0.70% | 3.71% | 0.60% | 5.34% | 6.15% | 8.85% | 11.42% | 25.84% | 21.97% | 7.95% | 12.75% | 0.06% | -0.84% | 15.05% | 1.28% | 4.53% | 9.33% | 6.52% | 7.12% | 9.87% | 11.51% | 10.97% | 14.33% | 8.54% | 5.05% | 5.94% | 0.24% | 2.22% | 2.81% | 5.44% | -3.48% | 0.33% | 1.47% | 0.46% | 5.26% | 9.70% | 3.95% | ||||||
qoq | -5.24% | -0.54% | -2.44% | 10.81% | -4.19% | -2.97% | 1.14% | 7.81% | -1.04% | 2.88% | -1.33% | 9.00% | -1.96% | 1.90% | -2.44% | 3.32% | 0.97% | -1.16% | 2.16% | 4.12% | 3.54% | 1.18% | 15.37% | 0.91% | -8.36% | 5.68% | 2.39% | 0.00% | 6.32% | -6.97% | 5.68% | 4.59% | 3.59% | -6.44% | 8.39% | 6.15% | 3.09% | -3.60% | 2.90% | 2.73% | 3.96% | -8.79% | 4.94% | 3.32% | 6.62% | -16.52% | 9.09% | 4.49% | 5.56% | -12.52% | 13.69% | -0.99% | |||
costs and expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of sales | 641,000,000 | 712,000,000 | 683,000,000 | 649,000,000 | 622,000,000 | 707,000,000 | 701,000,000 | 668,000,000 | 643,000,000 | 728,000,000 | 638,000,000 | 607,000,000 | 588,000,000 | 653,000,000 | 607,000,000 | 625,000,000 | 569,000,000 | 600,000,000 | 586,000,000 | 568,000,000 | 549,000,000 | 601,000,000 | 546,000,000 | 451,000,000 | 459,000,000 | 530,000,000 | 479,000,000 | 465,000,000 | 465,000,000 | 518,000,000 | 544,000,000 | 473,000,000 | 447,000,000 | 447,000,000 | 457,000,000 | 435,000,000 | 440,000,000 | 443,000,000 | 468,000,000 | 410,000,000 | 399,000,000 | 389,000,000 | 496,000,000 | 421,000,000 | 427,000,000 | 394,000,000 | 491,000,000 | 434,000,000 | 413,000,000 | 379,000,000 | 466,000,000 | 385,000,000 | 416,000,000 | 402,000,000 | |
selling, general and administrative expenses | 588,000,000 | 619,000,000 | 579,000,000 | 617,000,000 | 563,000,000 | 625,000,000 | 565,000,000 | 581,000,000 | 547,000,000 | 565,000,000 | 525,000,000 | 556,000,000 | 505,000,000 | 514,000,000 | 501,000,000 | 529,000,000 | 465,000,000 | 593,000,000 | 504,000,000 | 495,000,000 | 409,000,000 | 520,000,000 | 424,000,000 | 393,000,000 | 389,000,000 | 472,000,000 | 391,000,000 | 406,000,000 | 406,000,000 | 369,000,000 | 420,000,000 | 367,000,000 | 359,000,000 | 338,000,000 | 361,000,000 | 328,000,000 | 336,000,000 | 309,000,000 | 361,000,000 | 345,000,000 | 343,000,000 | 315,000,000 | 425,000,000 | 374,000,000 | 379,000,000 | 354,000,000 | 497,000,000 | 394,000,000 | 396,000,000 | 356,000,000 | 458,000,000 | 399,000,000 | 399,000,000 | 357,000,000 | |
research and development expenses | 180,000,000 | 199,000,000 | 170,000,000 | 172,000,000 | 157,000,000 | 186,000,000 | 167,000,000 | 171,000,000 | 162,000,000 | 174,000,000 | 152,000,000 | 146,000,000 | 142,000,000 | 148,000,000 | 134,000,000 | 135,000,000 | 122,000,000 | 138,000,000 | 132,000,000 | 120,000,000 | 118,000,000 | 133,000,000 | 112,000,000 | 111,000,000 | 107,000,000 | 132,000,000 | 112,000,000 | 111,000,000 | 111,000,000 | 102,000,000 | 125,000,000 | 108,000,000 | 102,000,000 | 97,000,000 | 110,000,000 | 96,000,000 | 86,000,000 | 90,000,000 | 108,000,000 | 90,000,000 | 88,000,000 | 90,000,000 | 109,000,000 | 91,000,000 | 84,000,000 | 80,000,000 | 124,000,000 | 93,000,000 | 92,000,000 | 87,000,000 | 121,000,000 | 93,000,000 | 95,000,000 | 90,000,000 | |
amortization of intangible assets | 31,000,000 | 31,000,000 | 32,000,000 | 33,000,000 | 32,000,000 | 34,000,000 | 35,000,000 | 35,000,000 | 37,000,000 | 37,000,000 | 38,000,000 | 37,000,000 | 37,000,000 | 35,000,000 | 37,000,000 | 37,000,000 | 41,000,000 | 40,000,000 | 40,000,000 | 41,000,000 | 40,000,000 | 40,000,000 | 40,000,000 | 40,000,000 | 40,000,000 | 40,000,000 | 38,000,000 | 39,000,000 | 39,000,000 | 38,000,000 | 39,000,000 | 32,000,000 | 23,000,000 | 23,000,000 | 23,000,000 | 23,000,000 | 23,000,000 | 22,000,000 | 21,000,000 | 21,000,000 | 22,000,000 | 21,000,000 | 16,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 14,000,000 | 16,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | |
restructuring charges and certain acquisition and divestiture-related costs | 22,000,000 | 17,000,000 | 4,000,000 | 30,000,000 | 2,000,000 | 5,000,000 | 42,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of capitalized interest | 62,000,000 | 57,000,000 | 58,000,000 | 53,000,000 | 54,000,000 | 51,000,000 | 57,000,000 | 59,000,000 | 58,000,000 | 59,000,000 | 59,000,000 | 58,000,000 | 63,000,000 | 62,000,000 | 53,000,000 | 53,000,000 | 53,000,000 | 54,000,000 | 56,000,000 | 57,000,000 | 57,000,000 | 58,000,000 | 62,000,000 | 58,000,000 | 53,000,000 | 56,000,000 | 56,000,000 | 55,000,000 | 55,000,000 | 56,000,000 | 59,000,000 | 54,000,000 | 46,000,000 | 47,000,000 | 50,000,000 | 43,000,000 | 41,000,000 | 41,000,000 | 41,000,000 | 41,000,000 | 41,000,000 | 43,000,000 | 38,000,000 | 29,000,000 | 29,000,000 | 28,000,000 | 30,000,000 | 29,000,000 | 29,000,000 | 29,000,000 | 30,000,000 | 29,000,000 | |||
other (income)/deductions—net | -20,000,000 | -6,750,000 | -13,000,000 | 4,000,000 | -18,000,000 | 250,000 | -16,000,000 | 25,000,000 | -8,000,000 | -37,750,000 | 6,000,000 | -104,000,000 | -53,000,000 | 1,500,000 | -3,000,000 | 2,000,000 | 7,000,000 | 4,000,000 | 4,000,000 | 10,000,000 | 2,000,000 | -3,750,000 | 5,000,000 | -20,000,000 | -11,500,000 | -26,000,000 | -6,000,000 | -6,000,000 | -14,000,000 | 1,000,000 | 4,000,000 | 2,000,000 | 3,250,000 | 4,000,000 | 8,000,000 | 1,000,000 | 5,000,000 | ||||||||||||||||||
income before provision for taxes on income | 758,000,000 | 761,000,000 | 887,000,000 | 902,000,000 | 810,000,000 | 732,000,000 | 874,000,000 | 780,000,000 | 747,000,000 | 650,000,000 | 717,000,000 | 872,000,000 | 697,000,000 | 592,000,000 | 667,000,000 | 670,000,000 | 727,000,000 | 506,000,000 | 659,000,000 | 636,000,000 | 687,000,000 | 420,000,000 | 597,000,000 | 482,000,000 | 497,000,000 | 437,000,000 | 528,000,000 | 455,000,000 | 381,000,000 | 418,000,000 | 418,000,000 | 437,000,000 | 417,000,000 | 430,000,000 | 413,000,000 | 345,000,000 | 337,000,000 | 231,000,000 | 333,000,000 | 332,000,000 | 332,000,000 | 69,000,000 | 273,000,000 | 230,000,000 | 155,000,000 | 238,000,000 | 200,000,000 | 227,000,000 | 126,000,000 | 185,000,000 | 187,000,000 | 192,000,000 | |||
provision for taxes on income | 157,000,000 | 158,000,000 | 166,000,000 | 184,000,000 | 179,000,000 | 151,000,000 | 182,000,000 | 156,000,000 | 148,000,000 | 127,000,000 | 121,000,000 | 202,000,000 | 146,000,000 | 132,000,000 | 139,000,000 | 141,000,000 | 133,000,000 | 93,000,000 | 107,000,000 | 125,000,000 | 129,000,000 | 62,000,000 | 118,000,000 | 106,000,000 | 74,000,000 | 53,000,000 | 95,000,000 | 84,000,000 | 69,000,000 | 73,000,000 | 71,000,000 | 55,000,000 | 67,000,000 | 350,000,000 | 117,000,000 | 98,000,000 | 98,000,000 | 77,000,000 | 96,000,000 | 108,000,000 | 128,000,000 | 49,000,000 | 83,000,000 | 9,000,000 | 65,000,000 | 29,000,000 | 71,000,000 | 61,000,000 | 72,000,000 | 22,000,000 | 54,000,000 | 59,000,000 | 52,000,000 | ||
net income before allocation to noncontrolling interests | 601,000,000 | 603,000,000 | 721,000,000 | 718,000,000 | 631,000,000 | 581,000,000 | 692,000,000 | 624,000,000 | 599,000,000 | 523,000,000 | 596,000,000 | 670,000,000 | 551,000,000 | 460,000,000 | 528,000,000 | 529,000,000 | 594,000,000 | 413,000,000 | 552,000,000 | 511,000,000 | 558,000,000 | 358,000,000 | 479,000,000 | 376,000,000 | 384,000,000 | 433,000,000 | 371,000,000 | 371,000,000 | 312,000,000 | 345,000,000 | 347,000,000 | 382,000,000 | 350,000,000 | 80,000,000 | 296,000,000 | 247,000,000 | 239,000,000 | 154,000,000 | 237,000,000 | 224,000,000 | 204,000,000 | 20,000,000 | 190,000,000 | 165,000,000 | 126,000,000 | 167,000,000 | 139,000,000 | 155,000,000 | 104,000,000 | 131,000,000 | 128,000,000 | 140,000,000 | |||
less: net income attributable to noncontrolling interests | 10,000,000 | 1,000,000 | 500,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to zoetis inc. | 601,000,000 | 603,000,000 | 721,000,000 | 718,000,000 | 631,000,000 | 581,000,000 | 682,000,000 | 624,000,000 | 599,000,000 | 525,000,000 | 596,000,000 | 671,000,000 | 552,000,000 | 461,000,000 | 529,000,000 | 529,000,000 | 595,000,000 | 414,000,000 | 552,000,000 | 512,000,000 | 559,000,000 | 319,750,000 | 479,000,000 | 377,000,000 | 279,000,000 | 433,000,000 | 371,000,000 | 371,000,000 | 312,000,000 | 270,750,000 | 347,000,000 | 384,000,000 | 352,000,000 | 195,750,000 | 298,000,000 | 247,000,000 | 238,000,000 | 166,750,000 | 239,000,000 | 224,000,000 | 204,000,000 | 79,250,000 | 189,000,000 | -37,000,000 | 165,000,000 | 114,250,000 | 166,000,000 | 136,000,000 | 155,000,000 | 99,750,000 | 131,000,000 | 128,000,000 | 140,000,000 | ||
earnings per share attributable to zoetis inc. stockholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1.42 | 1.38 | 1.63 | 1.61 | 1.41 | 1.29 | 1.51 | 1.37 | 1.31 | 1.14 | 1.29 | 1.45 | 1.19 | 0.99 | 1.13 | 1.13 | 1.26 | 0.87 | 1.16 | 1.08 | 1.18 | 0.75 | 1.01 | 0.79 | 0.89 | 0.81 | 0.91 | 0.77 | 0.77 | 0.65 | 0.72 | 0.72 | 0.79 | 0.72 | 0.16 | 0.61 | 0.5 | 0.48 | 0.32 | 0.48 | 0.45 | 0.41 | 0.05 | 0.38 | -0.07 | 0.33 | 0.25 | 0.33 | 0.27 | 0.31 | 0.21 | 0.26 | 0.26 | 0.28 | |
diluted | 1.42 | 1.37 | 1.63 | 1.61 | 1.41 | 1.29 | 1.5 | 1.37 | 1.31 | 1.14 | 1.29 | 1.45 | 1.19 | 0.98 | 1.13 | 1.12 | 1.26 | 0.87 | 1.16 | 1.07 | 1.17 | 0.75 | 1 | 0.79 | 0.88 | 0.8 | 0.9 | 0.77 | 0.77 | 0.65 | 0.71 | 0.71 | 0.79 | 0.72 | 0.16 | 0.61 | 0.5 | 0.48 | 0.31 | 0.48 | 0.45 | 0.41 | 0.05 | 0.38 | -0.07 | 0.33 | 0.25 | 0.33 | 0.27 | 0.31 | 0.21 | 0.26 | 0.26 | 0.28 | |
weighted-average common shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 422.1 | 443.443 | 442.9 | 445.1 | 447.6 | 454.2 | 452.9 | 455.5 | 458 | 461.172 | 460.3 | 461.9 | 463.5 | 468.891 | 467.8 | 470 | 472.2 | 474.348 | 474 | 474.8 | 475.5 | 475.502 | 475.5 | 475.3 | 475.6 | 478.128 | 477.8 | 478.8 | 478.8 | 479.6 | 483.063 | 482 | 483.8 | 485.9 | 489.918 | 489.1 | 490.8 | 492.4 | 495.715 | 495.2 | 496.3 | 497.4 | 499.707 | 499.239 | 500.173 | 501.146 | 501.055 | 501.453 | 500.975 | 500.231 | 500.002 | 500 | 500 | 500 | |
diluted | 422.4 | 443.835 | 443.2 | 445.5 | 448 | 454.848 | 453.5 | 456 | 458.8 | 462.269 | 461.4 | 462.9 | 464.6 | 470.385 | 469.1 | 471.5 | 474.1 | 476.717 | 476.3 | 477 | 477.9 | 478.569 | 478.5 | 478.1 | 479 | 481.787 | 481.5 | 482.3 | 482.3 | 483.1 | 486.898 | 485.8 | 487.5 | 489.8 | 493.161 | 492.4 | 494 | 495.3 | 498.225 | 497.9 | 498.8 | 499.5 | 502.019 | 501.653 | 500.173 | 503.224 | 502.025 | 502.445 | 501.684 | 500.702 | 500.317 | 500.354 | 500.217 | 500.111 | |
dividends declared per common share | 0.53 | 1.03 | 0.5 | 0.5 | 0.932 | 0.432 | 0.432 | 0.807 | 0.375 | 0.375 | 0.7 | 0.325 | 0.325 | 0.575 | 0.25 | 0.25 | 0.45 | 0.2 | 0.2 | 0.364 | 0.164 | 0.164 | 0.164 | 0.29 | 0.126 | 0.126 | 0.231 | 0.105 | 0.105 | 0.2 | 0.095 | 0.095 | 0.178 | 0.083 | 0.083 | 0.155 | 0.072 | 0.072 | 0.072 | 0.065 | 0.065 | 0.065 | |||||||||||||
less: net loss attributable to noncontrolling interests | -2,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
restructuring charges and certain acquisition-related costs | 4,000,000 | 8,000,000 | 16,000,000 | 8,000,000 | 21,000,000 | 2,000,000 | 6,000,000 | 1,000,000 | 2,000,000 | 4,000,000 | 9,000,000 | 21,000,000 | 9,000,000 | 3,000,000 | 5,000,000 | 8,000,000 | 9,000,000 | 18,000,000 | 6,000,000 | 22,000,000 | 22,000,000 | 5,000,000 | 2,000,000 | 40,000,000 | 13,000,000 | 266,000,000 | 1,000,000 | 15,000,000 | 2,000,000 | 5,000,000 | 3,000,000 | 3,000,000 | 7,000,000 | ||||||||||||||||||||||
net income | 423,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 27.57% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | NaN% | |
earnings per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1.42 | 1.38 | 1.63 | 1.61 | 1.41 | 1.29 | 1.51 | 1.37 | 1.31 | 1.14 | 1.29 | 1.45 | 1.19 | 0.99 | 1.13 | 1.13 | 1.26 | 0.87 | 1.16 | 1.08 | 1.18 | 0.75 | 1.01 | 0.79 | 0.89 | 0.81 | 0.91 | 0.77 | 0.77 | 0.65 | 0.72 | 0.72 | 0.79 | 0.72 | 0.16 | 0.61 | 0.5 | 0.48 | 0.32 | 0.48 | 0.45 | 0.41 | 0.05 | 0.38 | -0.07 | 0.33 | 0.25 | 0.33 | 0.27 | 0.31 | 0.21 | 0.26 | 0.26 | 0.28 | |
diluted | 1.42 | 1.37 | 1.63 | 1.61 | 1.41 | 1.29 | 1.5 | 1.37 | 1.31 | 1.14 | 1.29 | 1.45 | 1.19 | 0.98 | 1.13 | 1.12 | 1.26 | 0.87 | 1.16 | 1.07 | 1.17 | 0.75 | 1 | 0.79 | 0.88 | 0.8 | 0.9 | 0.77 | 0.77 | 0.65 | 0.71 | 0.71 | 0.79 | 0.72 | 0.16 | 0.61 | 0.5 | 0.48 | 0.31 | 0.48 | 0.45 | 0.41 | 0.05 | 0.38 | -0.07 | 0.33 | 0.25 | 0.33 | 0.27 | 0.31 | 0.21 | 0.26 | 0.26 | 0.28 | |
income before benefit from taxes on income | 455,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from taxes on income | 84,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring charges/(reversals) and certain acquisition-related costs | 13,500,000 | 47,000,000 | 5,000,000 | 2,000,000 | 1,750,000 | 8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
restructuring charges/(benefits) and certain acquisition-related costs | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring (benefits)/charges and certain acquisition-related costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 32,000,000 | 22,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues | 1,090,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-08-06 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-10-01 | 2017-07-02 | 2017-04-02 | 2016-12-31 | 2016-10-02 | 2016-07-03 | 2016-04-03 | 2015-12-31 | 2015-09-27 | 2015-06-28 | 2015-03-29 | 2014-12-31 | 2014-09-28 | 2014-06-29 | 2014-03-30 | 2012-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,941,000,000 | 2,312,000,000 | 2,084,000,000 | 1,435,000,000 | 1,721,000,000 | 1,987,000,000 | 1,714,000,000 | 1,574,000,000 | 1,975,000,000 | 2,041,000,000 | 1,754,000,000 | 1,717,000,000 | 2,109,000,000 | 3,581,000,000 | 2,507,000,000 | 2,652,000,000 | 3,135,000,000 | 3,485,000,000 | 3,274,000,000 | 3,658,000,000 | 3,602,000,000 | 3,604,000,000 | 3,654,000,000 | 3,353,000,000 | 1,951,000,000 | 1,934,000,000 | 1,815,000,000 | 1,755,000,000 | 1,755,000,000 | 1,728,000,000 | 1,602,000,000 | 1,286,000,000 | 1,558,000,000 | 1,654,000,000 | 1,564,000,000 | 1,981,000,000 | 705,000,000 | 629,000,000 | 727,000,000 | 651,000,000 | 658,000,000 | 675,000,000 | 1,154,000,000 | 592,000,000 | 544,000,000 | 559,000,000 | 882,000,000 | 598,000,000 | 578,000,000 | 506,000,000 | 317,000,000 |
accounts receivables | 1,506,000,000 | 1,590,000,000 | 1,541,000,000 | 1,540,000,000 | 1,361,000,000 | 1,316,000,000 | 1,411,000,000 | 1,383,000,000 | 1,293,000,000 | 1,304,000,000 | 1,257,000,000 | 1,322,000,000 | 1,186,000,000 | 1,215,000,000 | 1,189,000,000 | 1,291,000,000 | 1,222,000,000 | 1,133,000,000 | 1,152,000,000 | 1,170,000,000 | 1,125,000,000 | 1,013,000,000 | 1,012,000,000 | 984,000,000 | 965,000,000 | 1,086,000,000 | 1,030,000,000 | 994,000,000 | 994,000,000 | 970,000,000 | 1,036,000,000 | 929,000,000 | 973,000,000 | 943,000,000 | 998,000,000 | 1,009,000,000 | 975,000,000 | 954,000,000 | 913,000,000 | 915,000,000 | 888,000,000 | 908,000,000 | 937,000,000 | 1,038,000,000 | 993,000,000 | 905,000,000 | 980,000,000 | 1,057,000,000 | 1,098,000,000 | 1,100,000,000 | 900,000,000 |
inventories | 2,550,000,000 | 2,430,000,000 | 2,465,000,000 | 2,439,000,000 | 2,365,000,000 | 2,306,000,000 | 2,416,000,000 | 2,452,000,000 | 2,651,000,000 | 2,564,000,000 | 2,744,000,000 | 2,701,000,000 | 2,563,000,000 | 2,345,000,000 | 2,303,000,000 | 2,205,000,000 | 2,057,000,000 | 1,923,000,000 | 1,875,000,000 | 1,802,000,000 | 1,700,000,000 | 1,628,000,000 | 1,626,000,000 | 1,584,000,000 | 1,481,000,000 | 1,410,000,000 | 1,439,000,000 | 1,404,000,000 | 1,404,000,000 | 1,361,000,000 | 1,391,000,000 | 1,441,000,000 | 1,420,000,000 | 1,441,000,000 | 1,427,000,000 | 1,490,000,000 | 1,498,000,000 | 1,535,000,000 | 1,502,000,000 | 1,563,000,000 | 1,525,000,000 | 1,461,000,000 | 1,467,000,000 | 1,403,000,000 | 1,417,000,000 | 1,346,000,000 | 1,289,000,000 | 1,388,000,000 | 1,336,000,000 | 1,316,000,000 | 1,345,000,000 |
other current assets | 477,000,000 | 436,000,000 | 493,000,000 | 509,000,000 | 430,000,000 | 377,000,000 | 427,000,000 | 467,000,000 | 440,000,000 | 434,000,000 | 467,000,000 | 443,000,000 | 411,000,000 | 365,000,000 | 552,000,000 | 503,000,000 | 423,000,000 | 389,000,000 | 381,000,000 | 418,000,000 | 367,000,000 | 366,000,000 | 465,000,000 | 364,000,000 | 375,000,000 | 318,000,000 | 322,000,000 | 306,000,000 | 306,000,000 | 255,000,000 | 271,000,000 | 315,000,000 | 288,000,000 | 229,000,000 | 228,000,000 | 357,000,000 | 353,000,000 | 265,000,000 | 248,000,000 | 235,000,000 | 257,000,000 | 236,000,000 | 201,000,000 | 264,000,000 | 235,000,000 | 213,000,000 | 205,000,000 | 204,000,000 | 207,000,000 | 205,000,000 | 201,000,000 |
total current assets | 6,474,000,000 | 6,768,000,000 | 6,583,000,000 | 5,923,000,000 | 5,877,000,000 | 5,986,000,000 | 6,282,000,000 | 6,202,000,000 | 6,359,000,000 | 6,343,000,000 | 6,222,000,000 | 6,183,000,000 | 6,269,000,000 | 7,506,000,000 | 6,551,000,000 | 6,651,000,000 | 6,837,000,000 | 6,930,000,000 | 6,682,000,000 | 7,048,000,000 | 6,794,000,000 | 6,611,000,000 | 6,757,000,000 | 6,285,000,000 | 4,772,000,000 | 4,748,000,000 | 4,618,000,000 | 4,484,000,000 | 4,484,000,000 | 4,379,000,000 | 4,399,000,000 | 4,076,000,000 | 4,239,000,000 | 4,267,000,000 | 4,217,000,000 | 4,894,000,000 | 3,584,000,000 | 3,383,000,000 | 3,390,000,000 | 3,364,000,000 | 3,328,000,000 | 3,307,000,000 | 3,830,000,000 | 3,450,000,000 | 3,316,000,000 | 3,110,000,000 | 3,465,000,000 | 3,353,000,000 | 3,327,000,000 | 3,222,000,000 | 2,864,000,000 |
property, plant and equipment | 3,719,000,000 | 3,681,000,000 | 3,600,000,000 | 3,537,000,000 | 3,441,000,000 | 3,391,000,000 | 3,298,000,000 | 3,200,000,000 | 3,251,000,000 | 3,204,000,000 | 3,092,000,000 | 3,011,000,000 | 2,913,000,000 | 2,753,000,000 | 2,623,000,000 | 2,559,000,000 | 2,487,000,000 | 2,422,000,000 | 2,338,000,000 | 2,286,000,000 | 2,227,000,000 | 2,202,000,000 | 2,099,000,000 | 2,011,000,000 | 1,977,000,000 | 1,940,000,000 | 1,813,000,000 | 1,739,000,000 | 1,739,000,000 | 1,683,000,000 | 1,658,000,000 | 1,556,000,000 | 1,470,000,000 | 1,453,000,000 | 1,435,000,000 | 1,388,000,000 | 1,355,000,000 | 1,368,000,000 | 1,381,000,000 | 1,382,000,000 | 1,341,000,000 | 1,317,000,000 | 1,307,000,000 | 1,293,000,000 | 1,295,000,000 | 1,301,000,000 | 1,318,000,000 | 1,313,000,000 | 1,309,000,000 | 1,292,000,000 | 1,241,000,000 |
operating lease right-of-use assets | 282,000,000 | 288,000,000 | 292,000,000 | 302,000,000 | 220,000,000 | 219,000,000 | 223,000,000 | 222,000,000 | |||||||||||||||||||||||||||||||||||||||||||
goodwill | 2,778,000,000 | 2,767,000,000 | 2,764,000,000 | 2,758,000,000 | 2,716,000,000 | 2,724,000,000 | 2,744,000,000 | 2,739,000,000 | 2,759,000,000 | 2,759,000,000 | 2,762,000,000 | 2,714,000,000 | 2,738,000,000 | 2,746,000,000 | 2,692,000,000 | 2,720,000,000 | 2,685,000,000 | 2,682,000,000 | 2,703,000,000 | 2,718,000,000 | 2,707,000,000 | 2,694,000,000 | 2,690,000,000 | 2,629,000,000 | 2,583,000,000 | 2,592,000,000 | 2,550,000,000 | 2,505,000,000 | 2,505,000,000 | 2,522,000,000 | 2,519,000,000 | 2,537,000,000 | 1,514,000,000 | 1,532,000,000 | 1,510,000,000 | 1,530,000,000 | 1,495,000,000 | 1,497,000,000 | 1,481,000,000 | 1,497,000,000 | 1,475,000,000 | 1,459,000,000 | 1,455,000,000 | 1,163,000,000 | 1,167,000,000 | 1,169,000,000 | 976,000,000 | 982,000,000 | 984,000,000 | 982,000,000 | 985,000,000 |
identifiable intangible assets, less accumulated amortization | 959,000,000 | 998,000,000 | 1,040,000,000 | 1,075,000,000 | 1,082,000,000 | 1,127,000,000 | 1,186,000,000 | 1,226,000,000 | 1,295,000,000 | 1,338,000,000 | 1,398,000,000 | 1,252,000,000 | 1,314,000,000 | 1,380,000,000 | 1,319,000,000 | 1,390,000,000 | 1,430,000,000 | 1,474,000,000 | 1,572,000,000 | 1,640,000,000 | 1,671,000,000 | 1,710,000,000 | 1,794,000,000 | 1,783,000,000 | 1,821,000,000 | 1,890,000,000 | 1,935,000,000 | 1,916,000,000 | 1,916,000,000 | 1,989,000,000 | 2,046,000,000 | 2,120,000,000 | 1,225,000,000 | 1,280,000,000 | 1,269,000,000 | 1,318,000,000 | 1,210,000,000 | 1,232,000,000 | 1,228,000,000 | 1,282,000,000 | 1,217,000,000 | 1,210,000,000 | 1,190,000,000 | 679,000,000 | 697,000,000 | 735,000,000 | 727,000,000 | 757,000,000 | 774,000,000 | 787,000,000 | 868,000,000 |
noncurrent deferred tax assets | 591,000,000 | 637,000,000 | 587,000,000 | 617,000,000 | 530,000,000 | 540,000,000 | 409,000,000 | 366,000,000 | 232,000,000 | 206,000,000 | 190,000,000 | 192,000,000 | 161,000,000 | 173,000,000 | 111,000,000 | 110,000,000 | 103,000,000 | 100,000,000 | 110,000,000 | 103,000,000 | 100,000,000 | 94,000,000 | 97,000,000 | 88,000,000 | 88,000,000 | 88,000,000 | 72,000,000 | 60,000,000 | 60,000,000 | 65,000,000 | 61,000,000 | 73,000,000 | 80,000,000 | 80,000,000 | 80,000,000 | 96,000,000 | 119,000,000 | 91,000,000 | 112,000,000 | 82,000,000 | 58,000,000 | 65,000,000 | 57,000,000 | 54,000,000 | 55,000,000 | 57,000,000 | 57,000,000 | 216,000,000 | |||
other noncurrent assets | 351,000,000 | 328,000,000 | 293,000,000 | 267,000,000 | 232,000,000 | 250,000,000 | 215,000,000 | 210,000,000 | 227,000,000 | 206,000,000 | 216,000,000 | 173,000,000 | 143,000,000 | 147,000,000 | 161,000,000 | 147,000,000 | 129,000,000 | 111,000,000 | 112,000,000 | 97,000,000 | 108,000,000 | 106,000,000 | 94,000,000 | 92,000,000 | 105,000,000 | 98,000,000 | 91,000,000 | 87,000,000 | 87,000,000 | 87,000,000 | 94,000,000 | 97,000,000 | 75,000,000 | 78,000,000 | 75,000,000 | 64,000,000 | 65,000,000 | 72,000,000 | 73,000,000 | 71,000,000 | 66,000,000 | 48,000,000 | 49,000,000 | 43,000,000 | 58,000,000 | 58,000,000 | 67,000,000 | 67,000,000 | 71,000,000 | 63,000,000 | 88,000,000 |
total assets | 15,154,000,000 | 15,467,000,000 | 15,159,000,000 | 14,479,000,000 | 14,098,000,000 | 14,237,000,000 | 14,357,000,000 | 14,165,000,000 | 14,348,000,000 | 14,286,000,000 | 14,106,000,000 | 13,749,000,000 | 13,754,000,000 | 14,925,000,000 | 13,674,000,000 | 13,770,000,000 | 13,860,000,000 | 13,900,000,000 | 13,705,000,000 | 14,069,000,000 | 13,796,000,000 | 13,609,000,000 | 13,725,000,000 | 13,069,000,000 | 11,528,000,000 | 11,545,000,000 | 11,272,000,000 | 10,986,000,000 | 10,986,000,000 | 10,883,000,000 | 10,777,000,000 | 10,459,000,000 | 8,603,000,000 | 8,690,000,000 | 8,586,000,000 | 9,288,000,000 | 7,802,000,000 | 7,649,000,000 | 7,649,000,000 | 7,715,000,000 | 7,518,000,000 | 7,453,000,000 | 7,913,000,000 | 6,686,000,000 | 6,598,000,000 | 6,430,000,000 | 6,607,000,000 | 6,527,000,000 | 6,522,000,000 | 6,403,000,000 | 6,262,000,000 |
liabilities and equity | |||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 507,000,000 | 487,000,000 | 410,000,000 | 508,000,000 | 420,000,000 | 433,000,000 | 404,000,000 | 420,000,000 | 405,000,000 | 411,000,000 | 388,000,000 | 464,000,000 | 424,000,000 | 405,000,000 | 373,000,000 | 430,000,000 | 402,000,000 | 436,000,000 | 387,000,000 | 369,000,000 | 346,000,000 | 457,000,000 | 357,000,000 | 335,000,000 | 265,000,000 | 301,000,000 | 284,000,000 | 290,000,000 | 290,000,000 | 235,000,000 | 313,000,000 | 238,000,000 | 230,000,000 | 217,000,000 | 261,000,000 | 213,000,000 | 199,000,000 | 231,000,000 | 265,000,000 | 241,000,000 | 224,000,000 | 210,000,000 | 293,000,000 | 306,000,000 | 278,000,000 | 256,000,000 | 290,000,000 | 259,000,000 | 337,000,000 | 363,000,000 | 319,000,000 |
dividends payable | 224,000,000 | 232,000,000 | 222,000,000 | 224,000,000 | 224,000,000 | 197,000,000 | 198,000,000 | 198,000,000 | 173,000,000 | 174,000,000 | 174,000,000 | 153,000,000 | 153,000,000 | 154,000,000 | 119,000,000 | 119,000,000 | 119,000,000 | 95,000,000 | 95,000,000 | 95,000,000 | 78,000,000 | 78,000,000 | 79,000,000 | 79,000,000 | 61,000,000 | 61,000,000 | 61,000,000 | 52,000,000 | 52,000,000 | 52,000,000 | 47,000,000 | 49,000,000 | 47,000,000 | 42,000,000 | 42,000,000 | 36,000,000 | |||||||||||||||
accrued expenses | 751,000,000 | 852,000,000 | 809,000,000 | 770,000,000 | 772,000,000 | 746,000,000 | 725,000,000 | 704,000,000 | 691,000,000 | 683,000,000 | 693,000,000 | 689,000,000 | 701,000,000 | 682,000,000 | 679,000,000 | 696,000,000 | 610,000,000 | 710,000,000 | 618,000,000 | 646,000,000 | 570,000,000 | 556,000,000 | 516,000,000 | 475,000,000 | 476,000,000 | 543,000,000 | 451,000,000 | 443,000,000 | 443,000,000 | 448,000,000 | 487,000,000 | 425,000,000 | 434,000,000 | 419,000,000 | 432,000,000 | 413,000,000 | 406,000,000 | 383,000,000 | 464,000,000 | 457,000,000 | 512,000,000 | 552,000,000 | 676,000,000 | 599,000,000 | 627,000,000 | 426,000,000 | 475,000,000 | ||||
accrued compensation and related items | 239,000,000 | 410,000,000 | 337,000,000 | 293,000,000 | 291,000,000 | 441,000,000 | 335,000,000 | 276,000,000 | 272,000,000 | 382,000,000 | 284,000,000 | 247,000,000 | 232,000,000 | 300,000,000 | 257,000,000 | 237,000,000 | 278,000,000 | 392,000,000 | 314,000,000 | 239,000,000 | 243,000,000 | 295,000,000 | 214,000,000 | 170,000,000 | 212,000,000 | 276,000,000 | 217,000,000 | 178,000,000 | 178,000,000 | 200,000,000 | 266,000,000 | 226,000,000 | 160,000,000 | 182,000,000 | 236,000,000 | 202,000,000 | 163,000,000 | 183,000,000 | 224,000,000 | 204,000,000 | 164,000,000 | 166,000,000 | 234,000,000 | 197,000,000 | 165,000,000 | 173,000,000 | 238,000,000 | 201,000,000 | 172,000,000 | 177,000,000 | 194,000,000 |
income taxes payable | 211,000,000 | 147,000,000 | 152,000,000 | 93,000,000 | 211,000,000 | 93,000,000 | 97,000,000 | 82,000,000 | 230,000,000 | 110,000,000 | 144,000,000 | 87,000,000 | 277,000,000 | 157,000,000 | 84,000,000 | 68,000,000 | 142,000,000 | 38,000,000 | 91,000,000 | 43,000,000 | 113,000,000 | 46,000,000 | 145,000,000 | 170,000,000 | 123,000,000 | 36,000,000 | 52,000,000 | 31,000,000 | 31,000,000 | 65,000,000 | 35,000,000 | 75,000,000 | 53,000,000 | 92,000,000 | 60,000,000 | 128,000,000 | 82,000,000 | 100,000,000 | 71,000,000 | 95,000,000 | 51,000,000 | 118,000,000 | 63,000,000 | 91,000,000 | 59,000,000 | 41,000,000 | 26,000,000 | 86,000,000 | 97,000,000 | 84,000,000 | 30,000,000 |
other current liabilities | 121,000,000 | 107,000,000 | 99,000,000 | 130,000,000 | 117,000,000 | 125,000,000 | 115,000,000 | 93,000,000 | 89,000,000 | 102,000,000 | 97,000,000 | 107,000,000 | 104,000,000 | 97,000,000 | 134,000,000 | 115,000,000 | 99,000,000 | 67,000,000 | 61,000,000 | 71,000,000 | 71,000,000 | 93,000,000 | 67,000,000 | 65,000,000 | 50,000,000 | 55,000,000 | 48,000,000 | 55,000,000 | 55,000,000 | 55,000,000 | 34,000,000 | 39,000,000 | 29,000,000 | 29,000,000 | 44,000,000 | 34,000,000 | 28,000,000 | 31,000,000 | 41,000,000 | 42,000,000 | 37,000,000 | 60,000,000 | 59,000,000 | 57,000,000 | 39,000,000 | 30,000,000 | 8,000,000 | 442,000,000 | 443,000,000 | 451,000,000 | 507,000,000 |
total current liabilities | 2,053,000,000 | 2,235,000,000 | 1,807,000,000 | 3,366,000,000 | 3,385,000,000 | 3,412,000,000 | 1,702,000,000 | 1,797,000,000 | 1,909,000,000 | 1,889,000,000 | 1,608,000,000 | 1,769,000,000 | 1,915,000,000 | 3,167,000,000 | 2,880,000,000 | 3,051,000,000 | 3,034,000,000 | 1,797,000,000 | 1,471,000,000 | 2,091,000,000 | 2,066,000,000 | 2,170,000,000 | 2,400,000,000 | 1,811,000,000 | 1,721,000,000 | 1,806,000,000 | 1,052,000,000 | 1,075,000,000 | 1,075,000,000 | 1,082,000,000 | 1,223,000,000 | 1,003,000,000 | 967,000,000 | 1,000,000,000 | 1,094,000,000 | 1,746,000,000 | 1,784,000,000 | 1,730,000,000 | 1,117,000,000 | 1,039,000,000 | 1,039,000,000 | 1,163,000,000 | 1,781,000,000 | 1,658,000,000 | 1,572,000,000 | 1,370,000,000 | 1,086,000,000 | 998,000,000 | 1,061,000,000 | 1,127,000,000 | 1,123,000,000 |
long-term debt | 9,045,000,000 | 9,042,000,000 | 7,069,000,000 | 5,231,000,000 | 5,227,000,000 | 5,220,000,000 | 6,574,000,000 | 6,563,000,000 | 6,562,000,000 | 6,564,000,000 | 6,552,000,000 | 6,555,000,000 | 6,559,000,000 | 6,552,000,000 | 5,210,000,000 | 5,221,000,000 | 5,228,000,000 | 6,592,000,000 | 6,592,000,000 | 6,592,000,000 | 6,587,000,000 | 6,595,000,000 | 6,595,000,000 | 7,194,000,000 | 5,963,000,000 | 5,947,000,000 | 6,447,000,000 | 6,446,000,000 | 6,446,000,000 | 6,444,000,000 | 6,443,000,000 | 6,441,000,000 | 4,955,000,000 | 4,954,000,000 | 4,953,000,000 | 4,952,000,000 | 3,719,000,000 | 3,718,000,000 | 4,468,000,000 | 4,467,000,000 | 4,465,000,000 | 4,464,000,000 | 4,463,000,000 | 3,226,000,000 | 3,243,000,000 | 3,243,000,000 | 3,643,000,000 | 3,642,000,000 | 3,642,000,000 | 3,642,000,000 | |
noncurrent deferred tax liabilities | 130,000,000 | 139,000,000 | 147,000,000 | 156,000,000 | 161,000,000 | 167,000,000 | 172,000,000 | 175,000,000 | 136,000,000 | 146,000,000 | 160,000,000 | 121,000,000 | 131,000,000 | 142,000,000 | 256,000,000 | 274,000,000 | 287,000,000 | 320,000,000 | 291,000,000 | 381,000,000 | 393,000,000 | 378,000,000 | 410,000,000 | 395,000,000 | 421,000,000 | 434,000,000 | 473,000,000 | 446,000,000 | 446,000,000 | 464,000,000 | 474,000,000 | 446,000,000 | 229,000,000 | 246,000,000 | 380,000,000 | 244,000,000 | 266,000,000 | 292,000,000 | 270,000,000 | 264,000,000 | 227,000,000 | 234,000,000 | 256,000,000 | 277,000,000 | 265,000,000 | 314,000,000 | 319,000,000 | 323,000,000 | |||
operating lease liabilities | 193,000,000 | 196,000,000 | 204,000,000 | 210,000,000 | 173,000,000 | 174,000,000 | 181,000,000 | 181,000,000 | 184,000,000 | 188,000,000 | 191,000,000 | 188,000,000 | 180,000,000 | 186,000,000 | 186,000,000 | 161,000,000 | 158,000,000 | 151,000,000 | 160,000,000 | 147,000,000 | 159,000,000 | 163,000,000 | 167,000,000 | 155,000,000 | 159,000,000 | 164,000,000 | 169,000,000 | 169,000,000 | 169,000,000 | 134,000,000 | |||||||||||||||||||||
other taxes payable | 281,000,000 | 276,000,000 | 270,000,000 | 265,000,000 | 277,000,000 | 272,000,000 | 274,000,000 | 267,000,000 | 277,000,000 | 271,000,000 | 262,000,000 | 278,000,000 | 262,000,000 | 258,000,000 | 241,000,000 | 250,000,000 | 254,000,000 | 257,000,000 | 259,000,000 | 261,000,000 | 264,000,000 | 260,000,000 | 263,000,000 | 256,000,000 | 260,000,000 | 257,000,000 | 255,000,000 | 251,000,000 | 251,000,000 | 261,000,000 | 265,000,000 | 250,000,000 | 266,000,000 | 304,000,000 | 172,000,000 | 89,000,000 | 83,000,000 | 79,000,000 | 73,000,000 | 93,000,000 | 115,000,000 | 123,000,000 | 63,000,000 | 63,000,000 | 59,000,000 | 57,000,000 | 57,000,000 | 57,000,000 | 54,000,000 | 51,000,000 | 159,000,000 |
other noncurrent liabilities | 219,000,000 | 248,000,000 | 264,000,000 | 274,000,000 | 220,000,000 | 222,000,000 | 220,000,000 | 222,000,000 | 228,000,000 | 237,000,000 | 259,000,000 | 217,000,000 | 216,000,000 | 217,000,000 | 239,000,000 | 233,000,000 | 241,000,000 | 239,000,000 | 251,000,000 | 245,000,000 | 235,000,000 | 270,000,000 | 283,000,000 | 271,000,000 | 251,000,000 | 229,000,000 | 198,000,000 | 188,000,000 | 188,000,000 | 181,000,000 | 187,000,000 | 201,000,000 | 204,000,000 | 211,000,000 | 201,000,000 | 213,000,000 | 209,000,000 | 215,000,000 | 248,000,000 | 252,000,000 | 236,000,000 | 246,000,000 | 251,000,000 | 258,000,000 | 288,000,000 | 199,000,000 | 207,000,000 | 176,000,000 | 168,000,000 | 165,000,000 | 107,000,000 |
total liabilities | 11,921,000,000 | 12,136,000,000 | 9,761,000,000 | 9,502,000,000 | 9,443,000,000 | 9,467,000,000 | 9,123,000,000 | 9,205,000,000 | 9,296,000,000 | 9,295,000,000 | 9,032,000,000 | 9,128,000,000 | 9,263,000,000 | 10,522,000,000 | 9,012,000,000 | 9,190,000,000 | 9,202,000,000 | 9,356,000,000 | 9,024,000,000 | 9,717,000,000 | 9,704,000,000 | 9,836,000,000 | 10,118,000,000 | 10,082,000,000 | 8,775,000,000 | 8,837,000,000 | 8,594,000,000 | 8,575,000,000 | 8,575,000,000 | 8,566,000,000 | 8,592,000,000 | 8,341,000,000 | 6,621,000,000 | 6,715,000,000 | 6,800,000,000 | 7,269,000,000 | 6,056,000,000 | 6,014,000,000 | 6,150,000,000 | 6,117,000,000 | 6,147,000,000 | 6,266,000,000 | 6,822,000,000 | 5,432,000,000 | 5,396,000,000 | 5,125,000,000 | 5,270,000,000 | 5,138,000,000 | 5,239,000,000 | 5,304,000,000 | 2,221,000,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | |
treasury stock | -11,288,000,000 | -10,685,000,000 | -8,606,000,000 | -8,226,000,000 | -7,888,000,000 | -7,445,000,000 | -6,889,000,000 | -6,464,000,000 | -5,928,000,000 | -5,597,000,000 | -5,369,000,000 | -5,126,000,000 | -4,807,000,000 | -4,539,000,000 | -4,139,000,000 | -3,766,000,000 | -3,317,000,000 | -2,952,000,000 | -2,759,000,000 | -2,568,000,000 | -2,412,000,000 | -2,230,000,000 | -2,234,000,000 | -2,245,000,000 | -2,252,000,000 | -1,876,000,000 | -1,732,000,000 | -1,732,000,000 | -1,593,000,000 | ||||||||||||||||||||||
additional paid-in capital | 1,105,000,000 | 1,101,000,000 | 1,224,000,000 | 1,203,000,000 | 1,180,000,000 | 1,182,000,000 | 1,163,000,000 | 1,146,000,000 | 1,126,000,000 | 1,133,000,000 | 1,116,000,000 | 1,098,000,000 | 1,079,000,000 | 1,088,000,000 | 1,073,000,000 | 1,059,000,000 | 1,046,000,000 | 1,068,000,000 | 1,056,000,000 | 1,044,000,000 | 1,030,000,000 | 1,065,000,000 | 1,040,000,000 | 1,030,000,000 | 1,017,000,000 | 1,044,000,000 | 1,031,000,000 | 1,019,000,000 | 1,019,000,000 | 1,008,000,000 | 1,026,000,000 | 1,010,000,000 | 1,001,000,000 | 990,000,000 | 1,013,000,000 | 1,032,000,000 | 1,024,000,000 | 1,015,000,000 | 1,024,000,000 | 1,014,000,000 | 1,010,000,000 | 1,007,000,000 | 1,012,000,000 | 993,000,000 | 980,000,000 | 969,000,000 | 958,000,000 | 938,000,000 | 923,000,000 | 906,000,000 | |
retained earnings | 14,183,000,000 | 13,744,000,000 | 13,593,000,000 | 12,872,000,000 | 12,375,000,000 | 11,968,000,000 | 11,806,000,000 | 11,124,000,000 | 10,696,000,000 | 10,295,000,000 | 10,140,000,000 | 9,543,000,000 | 9,045,000,000 | 8,668,000,000 | 8,533,000,000 | 8,004,000,000 | 7,628,000,000 | 7,186,000,000 | 7,044,000,000 | 6,492,000,000 | 6,099,000,000 | 5,659,000,000 | 5,526,000,000 | 5,048,000,000 | 4,764,000,000 | 4,427,000,000 | 4,217,000,000 | 3,788,000,000 | 3,788,000,000 | 3,495,000,000 | 3,270,000,000 | 3,067,000,000 | 2,722,000,000 | 2,399,000,000 | 2,109,000,000 | 2,140,000,000 | 1,843,000,000 | 1,651,000,000 | 1,477,000,000 | 1,423,000,000 | 1,190,000,000 | 1,016,000,000 | 876,000,000 | 943,000,000 | 795,000,000 | 832,000,000 | 709,000,000 | 661,000,000 | 531,000,000 | 395,000,000 | |
accumulated other comprehensive loss | -772,000,000 | -834,000,000 | -818,000,000 | -877,000,000 | -1,017,000,000 | -940,000,000 | -851,000,000 | -845,000,000 | -841,000,000 | -839,000,000 | -814,000,000 | -895,000,000 | -828,000,000 | -817,000,000 | -809,000,000 | -722,000,000 | -704,000,000 | -764,000,000 | -667,000,000 | -623,000,000 | -633,000,000 | -730,000,000 | -735,000,000 | -856,000,000 | -781,000,000 | -699,000,000 | -669,000,000 | -669,000,000 | -598,000,000 | ||||||||||||||||||||||
total zoetis inc. equity | 3,233,000,000 | 3,331,000,000 | 5,398,000,000 | 4,977,000,000 | 4,655,000,000 | 4,770,000,000 | 5,234,000,000 | 4,966,000,000 | 5,058,000,000 | 4,997,000,000 | 5,078,000,000 | 4,625,000,000 | 4,494,000,000 | 4,405,000,000 | 4,663,000,000 | 4,580,000,000 | 4,658,000,000 | 4,543,000,000 | 4,679,000,000 | 4,350,000,000 | 4,089,000,000 | 3,769,000,000 | 3,602,000,000 | 2,982,000,000 | 2,185,000,000 | 2,118,000,000 | 1,970,000,000 | 1,960,000,000 | 1,770,000,000 | 1,989,000,000 | 1,715,000,000 | 1,609,000,000 | 1,487,000,000 | 1,585,000,000 | 1,357,000,000 | 1,165,000,000 | 1,068,000,000 | 1,229,000,000 | 1,176,000,000 | 1,278,000,000 | 1,311,000,000 | 1,364,000,000 | 1,260,000,000 | 1,077,000,000 | |||||||
equity attributable to noncontrolling interests | -6,000,000 | -6,000,000 | -6,000,000 | -2,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | 4,000,000 | 5,000,000 | 5,000,000 | 12,000,000 | 15,000,000 | 16,000,000 | 30,000,000 | 31,000,000 | 26,000,000 | 12,000,000 | 13,000,000 | 14,000,000 | 22,000,000 | 23,000,000 | 25,000,000 | 26,000,000 | 27,000,000 | 26,000,000 | 25,000,000 | 23,000,000 | 22,000,000 | 15,000,000 | |||||||||||||||||||||
total equity | 3,233,000,000 | 3,331,000,000 | 5,398,000,000 | 4,977,000,000 | 4,655,000,000 | 4,770,000,000 | 5,234,000,000 | 4,960,000,000 | 5,052,000,000 | 4,991,000,000 | 5,074,000,000 | 4,621,000,000 | 4,491,000,000 | 4,403,000,000 | 4,662,000,000 | 4,580,000,000 | 4,658,000,000 | 4,544,000,000 | 4,681,000,000 | 4,352,000,000 | 4,092,000,000 | 3,773,000,000 | 3,607,000,000 | 2,987,000,000 | 2,753,000,000 | 2,708,000,000 | 2,678,000,000 | 2,411,000,000 | 2,411,000,000 | 2,317,000,000 | 2,185,000,000 | 2,118,000,000 | 1,982,000,000 | 1,975,000,000 | 1,786,000,000 | 2,019,000,000 | 1,746,000,000 | 1,635,000,000 | 1,499,000,000 | 1,598,000,000 | 1,371,000,000 | 1,187,000,000 | 1,091,000,000 | 1,254,000,000 | 1,202,000,000 | 1,305,000,000 | 1,337,000,000 | 1,389,000,000 | 1,283,000,000 | 1,099,000,000 | 4,041,000,000 |
total liabilities and equity | 15,154,000,000 | 15,467,000,000 | 15,159,000,000 | 14,479,000,000 | 14,098,000,000 | 14,237,000,000 | 14,357,000,000 | 14,165,000,000 | 14,348,000,000 | 14,286,000,000 | 14,106,000,000 | 13,749,000,000 | 13,754,000,000 | 14,925,000,000 | 13,674,000,000 | 13,770,000,000 | 13,860,000,000 | 13,900,000,000 | 13,705,000,000 | 14,069,000,000 | 13,796,000,000 | 13,609,000,000 | 13,725,000,000 | 13,069,000,000 | 11,528,000,000 | 11,545,000,000 | 11,272,000,000 | 10,986,000,000 | 10,986,000,000 | 10,883,000,000 | 10,777,000,000 | 10,459,000,000 | 8,603,000,000 | 8,690,000,000 | 8,586,000,000 | 9,288,000,000 | 7,802,000,000 | 7,649,000,000 | 7,649,000,000 | 7,715,000,000 | 7,518,000,000 | 7,453,000,000 | 7,913,000,000 | 6,686,000,000 | 6,598,000,000 | 6,430,000,000 | 6,607,000,000 | 6,527,000,000 | 6,522,000,000 | 6,403,000,000 | 6,262,000,000 |
current portion of long-term debt | 1,350,000,000 | 1,350,000,000 | 1,350,000,000 | 1,350,000,000 | 1,350,000,000 | 1,350,000,000 | 1,350,000,000 | 600,000,000 | 600,000,000 | 600,000,000 | 1,100,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 750,000,000 | 750,000,000 | 750,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | ||||||||||||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||
short-term borrowings | 24,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 1,000,000 | 1,000,000 | 9,000,000 | 100,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 8,000,000 | 4,000,000 | 2,000,000 | 7,000,000 | 10,000,000 | 12,000,000 | 16,000,000 | ||||||||||||||||||||||||||
assets held for sale | 314,000,000 | 326,000,000 | 57,000,000 | 53,000,000 | 27,000,000 | 71,000,000 | 26,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
liabilities associated with assets held for sale | 26,000,000 | 25,000,000 | 6,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
operating lease right of use assets | 225,000,000 | 230,000,000 | 226,000,000 | 224,000,000 | 216,000,000 | 220,000,000 | 217,000,000 | 193,000,000 | 189,000,000 | 181,000,000 | 188,000,000 | 177,000,000 | 189,000,000 | 192,000,000 | 194,000,000 | 181,000,000 | 182,000,000 | 189,000,000 | 193,000,000 | 195,000,000 | 195,000,000 | 158,000,000 | |||||||||||||||||||||||||||||
noncontrolling interests | -4,000,000 | -4,000,000 | -3,000,000 | -1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | 99,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
short term investments | 12,000,000 | 25,000,000 | 25,000,000 | 65,000,000 | 105,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value: 1,000,000,000 authorized, none issued | |||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax assets | 94,000,000 | 93,000,000 | 97,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax liabilities | 269,000,000 | 261,000,000 | 272,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
current deferred tax assets | 127,000,000 | 127,000,000 | 87,000,000 | 109,000,000 | 106,000,000 | 108,000,000 | 95,000,000 | 101,000,000 | |||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value: 1,000 authorized, none issued | |||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of allocated long-term debt | 73,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
allocated long-term debt | 509,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
business unit equity | 4,183,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total zoetis equity | 4,026,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-10-01 | 2017-07-02 | 2017-04-02 | 2016-12-31 | 2016-10-02 | 2016-07-03 | 2016-04-03 | 2015-12-31 | 2015-09-27 | 2015-06-28 | 2015-03-29 | 2014-12-31 | 2014-09-28 | 2014-06-29 | 2014-03-30 | 2013-12-31 | 2013-09-29 | 2013-06-30 | 2013-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income before allocation to noncontrolling interests | 601,000,000 | 603,000,000 | 721,000,000 | 718,000,000 | 631,000,000 | 581,000,000 | 692,000,000 | 624,000,000 | 599,000,000 | 523,000,000 | 596,000,000 | 670,000,000 | 551,000,000 | 460,000,000 | 528,000,000 | 529,000,000 | 594,000,000 | 413,000,000 | 552,000,000 | 511,000,000 | 558,000,000 | 358,000,000 | 479,000,000 | 384,000,000 | 433,000,000 | 371,000,000 | 312,000,000 | 345,000,000 | 347,000,000 | 382,000,000 | 350,000,000 | 80,000,000 | 296,000,000 | 247,000,000 | 239,000,000 | 154,000,000 | 237,000,000 | 224,000,000 | 204,000,000 | 20,000,000 | 190,000,000 | -36,000,000 | 165,000,000 | 126,000,000 | 167,000,000 | 139,000,000 | 155,000,000 | 104,000,000 | 131,000,000 | 128,000,000 | 140,000,000 | ||
adjustments to reconcile net income before noncontrolling interests to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization expense | 119,000,000 | 121,000,000 | 124,000,000 | 123,000,000 | 119,000,000 | 123,000,000 | 121,000,000 | 127,000,000 | 126,000,000 | 126,000,000 | 124,000,000 | 121,000,000 | 120,000,000 | 119,000,000 | 115,000,000 | 117,000,000 | 114,000,000 | 117,000,000 | 110,000,000 | 112,000,000 | 109,000,000 | 109,000,000 | 111,000,000 | 111,000,000 | 110,000,000 | 109,000,000 | 107,000,000 | 98,000,000 | 98,000,000 | 101,000,000 | 84,000,000 | 63,000,000 | 60,000,000 | 63,000,000 | 58,000,000 | 59,000,000 | 62,000,000 | 63,000,000 | 60,000,000 | 60,000,000 | 57,000,000 | 55,000,000 | 46,000,000 | 50,000,000 | 48,000,000 | 53,000,000 | 50,000,000 | 51,000,000 | 50,000,000 | 58,000,000 | 49,000,000 | 51,000,000 | 51,000,000 |
share-based compensation expense | 25,000,000 | 22,000,000 | 22,000,000 | 22,000,000 | 17,000,000 | 19,000,000 | 18,000,000 | 19,000,000 | 18,000,000 | 17,000,000 | 17,000,000 | 17,000,000 | 9,000,000 | 16,000,000 | 15,000,000 | 15,000,000 | 16,000,000 | 14,000,000 | 15,000,000 | 16,000,000 | 13,000,000 | 13,000,000 | 14,000,000 | 16,000,000 | 16,000,000 | 16,000,000 | 16,000,000 | 17,000,000 | 18,000,000 | 17,000,000 | 14,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 9,000,000 | 9,000,000 | 10,000,000 | 9,000,000 | 12,000,000 | 10,000,000 | 11,000,000 | 10,000,000 | 10,000,000 | 9,000,000 | 8,000,000 | 5,000,000 | 6,000,000 | 6,000,000 | 20,000,000 | 11,000,000 |
asset write-offs and asset impairments | 8,000,000 | 6,000,000 | 31,000,000 | 2,000,000 | 15,000,000 | 3,000,000 | 11,000,000 | 2,000,000 | 19,000,000 | 14,000,000 | 12,000,000 | 1,000,000 | 46,000,000 | 5,000,000 | 1,000,000 | 1,000,000 | 28,000,000 | 5,000,000 | 13,000,000 | 1,000,000 | 31,000,000 | 3,000,000 | 1,000,000 | 5,000,000 | 0 | 1,000,000 | 0 | -3,000,000 | 5,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | 12,000,000 | 10,000,000 | 37,000,000 | 1,000,000 | 2,000,000 | 7,000,000 | 11,000,000 | 1,000,000 | 0 | 3,000,000 | |||||||||||
net gain on sale of assets | -6,000,000 | -1,000,000 | -1,000,000 | -17,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
provision for losses on inventory | 13,000,000 | 16,000,000 | 20,000,000 | 14,000,000 | 18,000,000 | 26,000,000 | 29,000,000 | 25,000,000 | 17,000,000 | 33,000,000 | 35,000,000 | 31,000,000 | 16,000,000 | 27,000,000 | 18,000,000 | 22,000,000 | 9,000,000 | 10,000,000 | 11,000,000 | 14,000,000 | 11,000,000 | 49,000,000 | 24,000,000 | 19,000,000 | 13,000,000 | 24,000,000 | 15,000,000 | 14,000,000 | 17,000,000 | 12,000,000 | 9,000,000 | 16,000,000 | 8,000,000 | 6,000,000 | 24,000,000 | 16,000,000 | 40,000,000 | 30,000,000 | 19,000,000 | 16,000,000 | |||||||||||||
deferred taxes | 34,000,000 | -48,000,000 | -16,000,000 | -7,000,000 | 19,000,000 | -152,000,000 | -42,000,000 | -101,000,000 | -43,000,000 | -21,000,000 | -14,000,000 | -34,000,000 | 8,000,000 | -176,000,000 | -34,000,000 | -31,000,000 | -45,000,000 | 41,000,000 | -97,000,000 | -11,000,000 | -13,000,000 | -22,000,000 | -2,000,000 | -29,000,000 | -9,000,000 | -8,000,000 | -6,000,000 | -16,000,000 | -11,000,000 | 24,000,000 | 2,000,000 | 7,000,000 | |||||||||||||||||||||
settlement of derivative contracts | -3,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-cash adjustments | 3,000,000 | 1,000,000 | -4,000,000 | -3,000,000 | -2,000,000 | -17,000,000 | 0 | 14,000,000 | -3,000,000 | -2,000,000 | 0 | -5,000,000 | -1,000,000 | 10,000,000 | -10,000,000 | 9,000,000 | 4,000,000 | -6,000,000 | -3,000,000 | 3,000,000 | 4,000,000 | 2,000,000 | 7,000,000 | 1,000,000 | 3,000,000 | -1,000,000 | 4,000,000 | 6,000,000 | 4,000,000 | 8,000,000 | 1,000,000 | -1,000,000 | 2,000,000 | 6,000,000 | 3,000,000 | 3,000,000 | 1,000,000 | ||||||||||||||||
other changes in assets and liabilities, net of acquisitions and divestitures: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -106,000,000 | -52,000,000 | 10,000,000 | -141,000,000 | -53,000,000 | 73,000,000 | -22,000,000 | -100,000,000 | -12,000,000 | -48,000,000 | 62,000,000 | -143,000,000 | 27,000,000 | -17,000,000 | 62,000,000 | -80,000,000 | -102,000,000 | -12,000,000 | 6,000,000 | -41,000,000 | -108,000,000 | 5,000,000 | -2,000,000 | -38,000,000 | 109,000,000 | -47,000,000 | -46,000,000 | 75,000,000 | 60,000,000 | -29,000,000 | -9,000,000 | 32,000,000 | 21,000,000 | ||||||||||||||||||||
inventories | -114,000,000 | 13,000,000 | -44,000,000 | -83,000,000 | -85,000,000 | 73,000,000 | 2,000,000 | -17,000,000 | -98,000,000 | 136,000,000 | -73,000,000 | -189,000,000 | -235,000,000 | -48,000,000 | -126,000,000 | -166,000,000 | -146,000,000 | -67,000,000 | -93,000,000 | -122,000,000 | -84,000,000 | -52,000,000 | -61,000,000 | -136,000,000 | -97,000,000 | -53,000,000 | -67,000,000 | 17,000,000 | 32,000,000 | ||||||||||||||||||||||||
other assets | -66,000,000 | 10,000,000 | -13,000,000 | -112,000,000 | -50,000,000 | 66,000,000 | 21,000,000 | -26,000,000 | -9,000,000 | 24,000,000 | -37,000,000 | -58,000,000 | -24,000,000 | 55,000,000 | 14,000,000 | -33,000,000 | -1,000,000 | -15,000,000 | 44,000,000 | -60,000,000 | 24,000,000 | 82,000,000 | -108,000,000 | 23,000,000 | -65,000,000 | -4,000,000 | -59,000,000 | 24,000,000 | |||||||||||||||||||||||||
accounts payable | 62,000,000 | 76,000,000 | -54,000,000 | 36,000,000 | -12,000,000 | 26,000,000 | -15,000,000 | 23,000,000 | -3,000,000 | 22,000,000 | -74,000,000 | 43,000,000 | 22,000,000 | 30,000,000 | -53,000,000 | 25,000,000 | -31,000,000 | 54,000,000 | 20,000,000 | 21,000,000 | -112,000,000 | 98,000,000 | 12,000,000 | 72,000,000 | -35,000,000 | -6,000,000 | 57,000,000 | -79,000,000 | -13,000,000 | ||||||||||||||||||||||||
other liabilities | -234,000,000 | 88,000,000 | 101,000,000 | 36,000,000 | -140,000,000 | 78,000,000 | 124,000,000 | 37,000,000 | -125,000,000 | 94,000,000 | 32,000,000 | 4,000,000 | -63,000,000 | 47,000,000 | -21,000,000 | 16,000,000 | -222,000,000 | 165,000,000 | 41,000,000 | 93,000,000 | -72,000,000 | 140,000,000 | 107,000,000 | -28,000,000 | -128,000,000 | 159,000,000 | 51,000,000 | -16,000,000 | -103,000,000 | ||||||||||||||||||||||||
other tax accounts | 73,000,000 | 35,000,000 | 54,000,000 | -151,000,000 | 123,000,000 | -7,000,000 | 20,000,000 | -156,000,000 | 126,000,000 | -26,000,000 | 42,000,000 | -168,000,000 | 118,000,000 | 57,000,000 | 12,000,000 | -88,000,000 | 117,000,000 | -63,000,000 | 41,000,000 | -71,000,000 | 68,000,000 | -96,000,000 | -22,000,000 | 48,000,000 | 87,000,000 | 27,000,000 | -46,000,000 | 27,000,000 | -27,000,000 | 6,000,000 | -75,000,000 | 163,000,000 | 12,000,000 | 52,000,000 | -13,000,000 | 34,000,000 | -38,000,000 | 19,000,000 | -75,000,000 | 114,000,000 | -34,000,000 | 37,000,000 | |||||||||||
net cash from operating activities | 401,000,000 | 893,000,000 | 938,000,000 | 486,000,000 | 587,000,000 | 905,000,000 | 951,000,000 | 502,000,000 | 595,000,000 | 897,000,000 | 724,000,000 | 183,000,000 | 549,000,000 | 741,000,000 | 526,000,000 | 336,000,000 | 309,000,000 | 679,000,000 | 653,000,000 | 481,000,000 | 400,000,000 | 718,000,000 | 562,000,000 | 438,000,000 | 408,000,000 | 582,000,000 | 506,000,000 | 318,000,000 | 389,000,000 | 584,000,000 | 550,000,000 | 267,000,000 | 389,000,000 | 608,000,000 | 439,000,000 | 180,000,000 | 119,000,000 | 286,000,000 | 239,000,000 | 137,000,000 | 51,000,000 | 278,000,000 | 204,000,000 | 122,000,000 | 60,000,000 | 387,000,000 | 103,000,000 | 298,000,000 | 114,000,000 | -12,000,000 | 281,000,000 | ||
investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -110,000,000 | -161,000,000 | -133,000,000 | -178,000,000 | -149,000,000 | -216,000,000 | -167,000,000 | -132,000,000 | -140,000,000 | -198,000,000 | -145,000,000 | -166,000,000 | -223,000,000 | -171,000,000 | -154,000,000 | -146,000,000 | -115,000,000 | -168,000,000 | -119,000,000 | -113,000,000 | -77,000,000 | -152,000,000 | -117,000,000 | -90,000,000 | -94,000,000 | 0 | -303,000,000 | 4,000,000 | 5,000,000 | 0 | 0 | 2,000,000 | 1,000,000 | 0 | 3,000,000 | -1,000,000 | 4,000,000 | 0 | 10,000,000 | -3,000,000 | 9,000,000 | 0 | -5,000,000 | 7,000,000 | 10,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | ||
free cash flows | 291,000,000 | 732,000,000 | 805,000,000 | 308,000,000 | 438,000,000 | 689,000,000 | 784,000,000 | 370,000,000 | 455,000,000 | 699,000,000 | 579,000,000 | 17,000,000 | 326,000,000 | 570,000,000 | 372,000,000 | 190,000,000 | 194,000,000 | 511,000,000 | 534,000,000 | 368,000,000 | 323,000,000 | 566,000,000 | 445,000,000 | 348,000,000 | 314,000,000 | 582,000,000 | 203,000,000 | 322,000,000 | 394,000,000 | 584,000,000 | 550,000,000 | 269,000,000 | 390,000,000 | 608,000,000 | 442,000,000 | 179,000,000 | 123,000,000 | 286,000,000 | 249,000,000 | 134,000,000 | 60,000,000 | 278,000,000 | 199,000,000 | 129,000,000 | 70,000,000 | 387,000,000 | 103,000,000 | 298,000,000 | 114,000,000 | -12,000,000 | 281,000,000 | ||
purchase of investments | -2,000,000 | -1,000,000 | -3,000,000 | 0 | -3,000,000 | -1,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -2,000,000 | -5,000,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||
proceeds from/(payments of) derivative instrument activity | 16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sale of assets | 10,000,000 | 0 | 0 | 0 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 0 | -2,000,000 | 3,000,000 | 20,000,000 | |||||||||||||||||||||||||||||||||||||||
other investing activities | -1,000,000 | -1,000,000 | 4,000,000 | -3,000,000 | 1,000,000 | -1,000,000 | 0 | -1,000,000 | -1,000,000 | 0 | -1,000,000 | 0 | 3,000,000 | -1,000,000 | -1,000,000 | -14,000,000 | 4,000,000 | 4,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||
net cash from investing activities | -87,000,000 | -166,000,000 | -160,000,000 | -247,000,000 | -175,000,000 | 126,000,000 | -178,000,000 | -132,000,000 | -131,000,000 | -210,000,000 | -271,000,000 | -80,000,000 | -216,000,000 | -438,000,000 | -124,000,000 | -203,000,000 | -118,000,000 | -142,000,000 | -114,000,000 | -139,000,000 | -63,000,000 | -177,000,000 | -174,000,000 | -164,000,000 | -57,000,000 | -209,000,000 | -59,000,000 | -23,000,000 | 18,000,000 | ||||||||||||||||||||||||
financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation-related proceeds, net of taxes paid on withholding shares | -7,000,000 | 1,000,000 | 0 | -3,000,000 | -9,000,000 | 2,000,000 | 2,000,000 | -4,000,000 | -8,000,000 | 9,000,000 | 10,000,000 | 4,000,000 | 4,000,000 | 0 | 0 | -8,000,000 | -30,000,000 | 2,000,000 | 2,000,000 | 0 | -39,000,000 | 2,000,000 | 4,000,000 | 17,000,000 | -3,000,000 | 2,000,000 | 3,000,000 | 8,000,000 | 4,000,000 | 2,000,000 | 2,000,000 | 12,000,000 | 6,000,000 | ||||||||||||||||||||
purchases of treasury stock, including excise taxes paid | -606,000,000 | -2,060,000,000 | -394,000,000 | -338,000,000 | -443,000,000 | -553,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid | -224,000,000 | -220,000,000 | -222,000,000 | -223,000,000 | -224,000,000 | -194,000,000 | -197,000,000 | -197,000,000 | -198,000,000 | -172,000,000 | -173,000,000 | -173,000,000 | -174,000,000 | -151,000,000 | -153,000,000 | -153,000,000 | -154,000,000 | -117,000,000 | -119,000,000 | -119,000,000 | -119,000,000 | -95,000,000 | -95,000,000 | -95,000,000 | -95,000,000 | -78,000,000 | -78,000,000 | -79,000,000 | |||||||||||||||||||||||||
other financing activities | -3,000,000 | 0 | -2,000,000 | 0 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -840,000,000 | -495,000,000 | -134,000,000 | -564,000,000 | -677,000,000 | -745,000,000 | -628,000,000 | -763,000,000 | -524,000,000 | -397,000,000 | -416,000,000 | -494,000,000 | -1,802,000,000 | 780,000,000 | -529,000,000 | -610,000,000 | -545,000,000 | -314,000,000 | -919,000,000 | -290,000,000 | -339,000,000 | -597,000,000 | -93,000,000 | 1,141,000,000 | -328,000,000 | -232,000,000 | -226,000,000 | -243,000,000 | -197,000,000 | ||||||||||||||||||||||||
effect of exchange-rate changes on cash and cash equivalents | 17,000,000 | -4,000,000 | 5,000,000 | 39,000,000 | -1,000,000 | -13,000,000 | -5,000,000 | -8,000,000 | -6,000,000 | -3,000,000 | 0 | -1,000,000 | -3,000,000 | -9,000,000 | -18,000,000 | -6,000,000 | 4,000,000 | 6,000,000 | 6,000,000 | -13,000,000 | -6,000,000 | -5,000,000 | -6,000,000 | 3,000,000 | 8,000,000 | -4,000,000 | 9,000,000 | 0 | 7,000,000 | ||||||||||||||||||||||||
net decrease in cash and cash equivalents | -509,000,000 | -286,000,000 | -266,000,000 | 140,000,000 | -401,000,000 | -66,000,000 | 37,000,000 | -392,000,000 | -1,472,000,000 | -350,000,000 | |||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 2,450,000,000 | 0 | 0 | 0 | 1,987,000,000 | 0 | 0 | 0 | 2,041,000,000 | 0 | 0 | 0 | 3,581,000,000 | 0 | 0 | 0 | 3,485,000,000 | 0 | 0 | 0 | 3,604,000,000 | 0 | 0 | 0 | 1,934,000,000 | 0 | 0 | 0 | 1,602,000,000 | 0 | 0 | 0 | 1,564,000,000 | 0 | 0 | 0 | 727,000,000 | 0 | 0 | 0 | 1,154,000,000 | 0 | 0 | 0 | 882,000,000 | 0 | 0 | 0 | 610,000,000 | 0 | 0 | 0 | 317,000,000 |
cash and cash equivalents at end of period | 1,941,000,000 | 228,000,000 | 649,000,000 | -286,000,000 | 1,721,000,000 | 273,000,000 | 140,000,000 | -401,000,000 | 1,975,000,000 | 287,000,000 | 37,000,000 | -392,000,000 | 2,109,000,000 | 1,074,000,000 | -145,000,000 | -483,000,000 | 3,135,000,000 | 211,000,000 | -384,000,000 | 56,000,000 | 3,602,000,000 | -50,000,000 | 301,000,000 | 1,402,000,000 | 1,951,000,000 | 119,000,000 | 60,000,000 | 27,000,000 | 1,728,000,000 | 316,000,000 | -272,000,000 | -96,000,000 | 1,654,000,000 | -417,000,000 | 1,276,000,000 | 76,000,000 | 629,000,000 | 76,000,000 | -7,000,000 | -17,000,000 | 675,000,000 | 562,000,000 | 48,000,000 | -15,000,000 | 559,000,000 | 284,000,000 | 20,000,000 | 72,000,000 | 506,000,000 | 221,000,000 | 20,000,000 | -99,000,000 | 468,000,000 |
supplemental cash flow information | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the period for: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 50,000,000 | 107,000,000 | 428,000,000 | 47,000,000 | 176,000,000 | 422,000,000 | 59,000,000 | 128,000,000 | 438,000,000 | 20,000,000 | 155,000,000 | 290,000,000 | 26,000,000 | 97,000,000 | 283,000,000 | 32,000,000 | 214,000,000 | 69,000,000 | 22,000,000 | 81,000,000 | 183,000,000 | 29,000,000 | 69,000,000 | 179,000,000 | 42,000,000 | 110,000,000 | 219,000,000 | 37,000,000 | 80,000,000 | 166,000,000 | 49,000,000 | 54,000,000 | 69,000,000 | 52,000,000 | 68,000,000 | 123,000,000 | 74,000,000 | 13,000,000 | 57,000,000 | 51,000,000 | 17,000,000 | 9,000,000 | |||||||||||
interest, net of capitalized interest | 109,000,000 | 88,000,000 | 69,000,000 | 68,000,000 | 67,000,000 | 70,000,000 | 68,000,000 | 67,000,000 | 69,000,000 | 89,000,000 | 88,000,000 | 32,000,000 | 89,000,000 | 94,000,000 | 33,000,000 | 94,000,000 | 94,000,000 | 28,000,000 | 95,000,000 | 97,000,000 | 27,000,000 | 96,000,000 | 70,000,000 | 26,000,000 | 70,000,000 | 56,000,000 | 26,000,000 | 56,000,000 | 56,000,000 | 26,000,000 | 58,000,000 | 58,000,000 | 1,000,000 | 58,000,000 | 1,000,000 | 60,000,000 | -2,000,000 | 59,000,000 | 0 | ||||||||||||||
amounts included in the measurement of lease liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
operating cash flows - operating leases | 17,000,000 | 22,000,000 | 18,000,000 | 16,000,000 | 16,000,000 | 15,000,000 | 15,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
financing cash flows - finance leases | 0 | 0 | 2,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
non-cash transactions: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
excise tax accrued on net share repurchases, not paid | 6,000,000 | 4,000,000 | 3,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||
lease obligations obtained in exchange for right-of-use assets - operating | 10,000,000 | 3,000,000 | 51,000,000 | 7,000,000 | 13,000,000 | 18,000,000 | 8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
lease obligations obtained in exchange for right-of-use assets - finance | 0 | 0 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared, not paid | 224,000,000 | -2,000,000 | 224,000,000 | -1,000,000 | 198,000,000 | -1,000,000 | 174,000,000 | 0 | 153,000,000 | 0 | 119,000,000 | 0 | 95,000,000 | -1,000,000 | 79,000,000 | 0 | 61,000,000 | 0 | 52,000,000 | -2,000,000 | 49,000,000 | 42,000,000 | 36,000,000 | 3,000,000 | 0 | 0 | 33,000,000 | ||||||||||||||||||||||||||
net loss on sale of businesses, excluding transaction costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | -14,000,000 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
(payments of)/proceeds from derivative instrument activity | 12,000,000 | -29,000,000 | -52,000,000 | -24,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
(payment of)/proceeds from sale of businesses, net of cash sold and working capital adjustments | |||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in short-term borrowings | 21,000,000 | 1,000,000 | -1,000,000 | 1,000,000 | 0 | 3,000,000 | 0 | 1,000,000 | 5,000,000 | -1,000,000 | 6,000,000 | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||
principal payments on long-term debt | 0 | 0 | 0 | 0 | -1,350,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt—senior notes, net of discount | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of debt issuance costs | -29,000,000 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
payment of premium on capped calls related to convertible debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of consideration related to previous acquisitions | 0 | 0 | 0 | -1,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 228,000,000 | 211,000,000 | -384,000,000 | 56,000,000 | -2,000,000 | -50,000,000 | 301,000,000 | 1,402,000,000 | 17,000,000 | 119,000,000 | 60,000,000 | 27,000,000 | 126,000,000 | 90,000,000 | -417,000,000 | 221,000,000 | 20,000,000 | -99,000,000 | 151,000,000 | ||||||||||||||||||||||||||||||||||
net loss on sale of business, excluding transaction costs | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of business, net of cash sold and working capital adjustments | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in short-term borrowings | 0 | 0 | 0 | -9,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
employee benefit plan contribution from pfizer inc. | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | ||||||||||||||||||
proceeds from derivative instrument activity | 51,000,000 | -10,000,000 | 11,000,000 | 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of businesses, net of cash sold | |||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on assets held for sale | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sale of businesses, excluding transaction costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of treasury stock | -533,000,000 | -339,000,000 | -235,000,000 | -250,000,000 | -324,000,000 | -283,000,000 | -405,000,000 | -377,000,000 | -451,000,000 | -361,000,000 | -198,000,000 | -198,000,000 | -166,000,000 | -181,000,000 | 0 | 0 | 0 | -250,000,000 | -150,000,000 | -150,000,000 | -150,000,000 | ||||||||||||||||||||||||||||||||
gain on sale of business, excluding transaction costs | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions | -148,000,000 | 0 | -7,000,000 | -3,000,000 | -89,000,000 | -4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds on derivative instrument activity | 20,000,000 | -10,000,000 | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of business, net of cash sold | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts included in the measurement of lease liabilities | 14,000,000 | 14,000,000 | 14,000,000 | 12,000,000 | 12,000,000 | 13,000,000 | 11,000,000 | 12,000,000 | 11,000,000 | 11,000,000 | |||||||||||||||||||||||||||||||||||||||||||
lease obligations obtained in exchange for right-of-use assets | 41,000,000 | 20,000,000 | 13,000,000 | 5,000,000 | 22,000,000 | 19,000,000 | 23,000,000 | 0 | 7,000,000 | 25,000,000 | |||||||||||||||||||||||||||||||||||||||||||
net loss on sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of a noncontrolling interest, net of cash acquired | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net loss on sale of assets | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
settlement on swaps designated as net investment hedges | 34,000,000 | 6,000,000 | 15,000,000 | -15,000,000 | 17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
loss on treasury locks | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities and redemptions of investments | 12,000,000 | 13,000,000 | 40,000,000 | 36,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
settlements on swaps designated as net investment hedges | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other acquisitions | -3,000,000 | -5,000,000 | -30,000,000 | -72,000,000 | -6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net gain on sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other changes in assets and liabilities, net of acquisitions and divestitures | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of abaxis, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds on swaps designated as net investment hedges | -4,000,000 | 24,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt—senior notes, net of discount and fees | 0 | 0 | 0 | 1,000,000 | 0 | 2,624,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
payment of contingent consideration related to previously acquired assets | -1,000,000 | 0 | -8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation-related proceeds, net of taxes paid on withholding shares and excess tax benefits | 1,000,000 | 7,000,000 | 14,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net income | 423,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sales of assets | 48,000,000 | 0 | 0 | 8,000,000 | 36,000,000 | 0 | 1,000,000 | 1,000,000 | 13,000,000 | 75,000,000 | 0 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | ||||||||||||||||||||||||||||||||||||
acquisition of a noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property, plant and equipment | -103,000,000 | -63,000,000 | 0 | 2,000,000 | 1,000,000 | 3,000,000 | -1,000,000 | 4,000,000 | 10,000,000 | -3,000,000 | 9,000,000 | -5,000,000 | 7,000,000 | 10,000,000 | |||||||||||||||||||||||||||||||||||||||
benefit from losses on inventory | |||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income before noncontrolling interests to net cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||
provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring | 5,000,000 | 2,000,000 | 12,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of commercial paper | |||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent purchase price consideration | 2,000,000 | 2,000,000 | 0 | 27,000,000 | 0 | 0 | 22,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
loss on sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency loss related to venezuela revaluation, excluding impact on cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other changes in assets and liabilities, net of acquisitions and divestitures and transfers with pfizer inc. | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid to settle pharmaq debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from in financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
milestone payment related to previously acquired intangibles | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other net financing activities with pfizer inc. | |||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring, net of payments | 2,000,000 | -4,000,000 | -18,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of abbott animal health | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of pharmaq, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation-related proceeds and excess tax benefits | 7,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
consideration paid to pfizer inc. in connection with the separation | |||||||||||||||||||||||||||||||||||||||||||||||||||||
asset acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible asset acquisition | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
zoetis inc. senior notes transferred to pfizer inc. in connection with the separation | 0 | 0 | 0 | 992,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
allocated principal payments on long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash proceeds from the sale of property, plant and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||
from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other changes in assets and liabilities, net of transfers with pfizer inc. | 68,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
asset write-offs and impairments | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net gains on sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of subsidiary shares from noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net financing activities with pfizer | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, as of beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, as of end of year |