For the year ending 2025-12-31, ZTS has $15,467M in assets. $12,136M in debts.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,312 | 1,987 | 2,041 | 3,581 |
| Accounts receivable, less allowance for doubtful accounts of 16 in 2025 and 18 in 2024 | 1,590 | 1,316 | 1,304 | 1,215 |
| Inventories | 2,430 | 2,306 | 2,564 | 2,345 |
| Other current assets | 436 | 377 | 434 | 365 |
| Total current assets | 6,768 | 5,986 | 6,343 | 7,506 |
| Property, plant and equipment, less accumulated depreciation of 2,925 in 2025 and 2,635 in 2024 | 3,681 | 3,391 | 3,204 | 2,753 |
| Operating lease right-of-use assets | 288 | 219 | 230 | 220 |
| Goodwill | 2,767 | 2,724 | 2,759 | 2,746 |
| Identifiable intangible assets, less accumulated amortization | 998 | 1,127 | 1,338 | 1,380 |
| Noncurrent deferred tax assets | 637 | 540 | 206 | 173 |
| Other noncurrent assets | 328 | 250 | 206 | 147 |
| Total assets | 15,467 | 14,237 | 14,286 | 14,925 |
| Debt, principal amount | - | - | 6,650 | - |
| Short-term borrowings | - | 0 | 3 | 2 |
| Unamortized debt discount / debt issuance costs | - | - | 60 | - |
| Current portion of long-term debt | 0 | 1,350 | 0 | 1,350 |
| Accounts payable | 487 | 433 | 411 | 405 |
| Dividends payable | 232 | 224 | 198 | 174 |
| Accrued expenses | 852 | 746 | 683 | 682 |
| Accrued compensation and related items | 410 | 441 | 382 | 300 |
| Income taxes payable | 147 | 93 | 110 | 157 |
| Other current liabilities | 107 | 125 | 102 | 97 |
| Total current liabilities | 2,235 | 3,412 | 1,889 | 3,167 |
| Cumulative fair value adjustment for interest rate swap contracts | - | - | -26 | - |
| Long-term debt, net of discount and issuance costs | 9,042 | 5,220 | 6,564 | 6,552 |
| Noncurrent deferred tax liabilities | 139 | 167 | 146 | 142 |
| Operating lease liabilities | 196 | 174 | 188 | 186 |
| Other taxes payable | 276 | 272 | 271 | 258 |
| Other noncurrent liabilities | 248 | 222 | 237 | 217 |
| Total liabilities | 12,136 | 9,467 | 9,295 | 10,522 |
| Common stock, 0.01 par value 6,000,000,000 authorized, 501,891,243 and 501,891,243 shares issued 424,927,535 and 448,473,073 shares outstanding at december31, 2025 and 2024, respectively | 5 | 5 | 5 | 5 |
| Treasury stock, at cost, 76,963,708 and 53,418,170 shares of common stock at december31, 2025 and 2024, respectively | 10,685 | 7,445 | 5,597 | 4,539 |
| Additional paid-in capital | 1,101 | 1,182 | 1,133 | 1,088 |
| Retained earnings | 13,744 | 11,968 | 10,295 | 8,668 |
| Accumulated other comprehensive loss | -834 | -940 | -839 | -817 |
| Total zoetis inc. equity | 3,331 | 4,770 | 4,997 | 4,405 |
| Equity attributable to noncontrolling interests | 0 | 0 | -6 | -2 |
| Total equity | 3,331 | 4,770 | 4,991 | 4,403 |
| Total liabilities and equity | 15,467 | 14,237 | 14,286 | 14,925 |
Zoetis Inc. (ZTS)
Zoetis Inc. (ZTS)