Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
Revenues | 9,256.00 | 8,544.00 | 8,080.00 | 7,776.00 | 6,675.00 | 6,260.00 | 5,825.00 | 5,307.00 | 4,888.00 | 4,765.00 |
Total Revenues | 9,256.00 | 8,544.00 | 8,080.00 | 7,776.00 | 6,675.00 | 6,260.00 | 5,825.00 | 5,307.00 | 4,888.00 | 4,765.00 |
Cost of sales | 2,719.00 | 2,561.00 | 2,454.00 | 2,303.00 | 2,057.00 | 1,992.00 | 1,911.00 | 1,775.00 | 1,666.00 | 1,738.00 |
Amortization of intangible assets | 141.00 | 149.00 | 150.00 | 161.00 | 160.00 | 155.00 | 117.00 | 91.00 | 85.00 | 61.00 |
Interest expense | 225.00 | 239.00 | 221.00 | 224.00 | 231.00 | 223.00 | 206.00 | 175.00 | 166.00 | 124.00 |
Research and development expenses | 686.00 | 614.00 | 539.00 | 508.00 | 463.00 | 457.00 | 432.00 | 382.00 | 376.00 | 364.00 |
Selling, general and administrative expenses | 2,318.00 | 2,151.00 | 2,009.00 | 2,001.00 | 1,726.00 | 1,638.00 | 1,484.00 | 1,334.00 | 1,364.00 | 1,532.00 |
Restructuring charges and certain acquisition-related costs | 53.00 | 53.00 | 11.00 | 43.00 | 25.00 | 51.00 | 68.00 | 19.00 | 5.00 | 320.00 |
Other (income)/deductions--net | 19.00 | 159.00 | (40.00) | (48.00) | (17.00) | 57.00 | 83.00 | (6.00) | 2.00 | (81.00) |
Income before provision for taxes on income | 3,133.00 | 2,936.00 | 2,656.00 | 2,488.00 | 1,996.00 | 1,801.00 | 1,690.00 | 1,525.00 | 1,228.00 | 545.00 |
Provision for taxes on income | 637.00 | 596.00 | 545.00 | 454.00 | 360.00 | 301.00 | 266.00 | 663.00 | 409.00 | 206.00 |
Current income taxes- Federal | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Current income taxes- State and local | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Deferred income taxes- Federal | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Deferred income taxes- State and local | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
International- Current income taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
International- Deferred income taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net income before allocation to noncontrolling interests | 2,496.00 | 2,340.00 | 2,111.00 | 2,034.00 | 1,636.00 | 1,500.00 | 1,424.00 | 862.00 | 819.00 | 339.00 |
Less net income attributable to noncontrolling interests | 10.00 | (4.00) | (3.00) | (3.00) | (2.00) | -- | (4.00) | (2.00) | (2.00) | -- |
Net income attributable to Zoetis | 2,486.00 | 2,344.00 | 2,114.00 | 2,037.00 | 1,638.00 | 1,500.00 | 1,428.00 | 864.00 | 821.00 | 339.00 |
Earnings per share - Basic | 5.47 | 5.08 | 4.51 | 4.29 | 3.44 | 3.14 | 2.96 | 1.76 | 1.66 | 0.68 |
Earnings per share - Diluted | 5.47 | 5.07 | 4.49 | 4.27 | 3.42 | 3.11 | 2.93 | 1.75 | 1.65 | 0.68 |
Weighted average-basic shares outstanding | 454.20 | 461.17 | 468.89 | 474.35 | 475.50 | 478.13 | 483.06 | 489.92 | 495.72 | 499.71 |
Weighted average-diluted shares outstanding | 454.85 | 462.27 | 470.39 | 476.72 | 478.57 | 481.79 | 486.90 | 493.16 | 498.23 | 502.02 |