Zoetis Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,312	1,987	2,041	3,581	3,485
Cash & Short-Term Investments	2,312	1,987	2,041	3,581	3,485
Cash Growth	16.36%	-2.65%	-43.00%	2.76%	-3.36%
Receivables	1,590	1,316	1,304	1,215	1,133
Inventory	2,430	2,306	2,564	2,345	1,923
Other Current Assets	436	377	434	365	389
Total Current Assets	6,768	5,986	6,343	7,506	6,930
Property, Plant & Equipment	3,978	3,619	3,443	2,973	2,603
Long-Term Investments	-	26	12	10	19
Goodwill	2,767	2,724	2,759	2,746	2,682
Other Intangible Assets	998	1,127	1,338	1,380	1,474
Long-Term Deferred Tax Assets	637	540	206	173	100
Other Long-Term Assets	319	215	185	137	92
Total Assets	15,467	14,237	14,286	14,925	13,900
Accounts Payable	487	433	411	405	436
Accrued Expenses	1,235	1,161	1,039	977	1,088
Short-Term Debt	-	-	3	2	-
Current Portion of Long-Term Debt	-	1,350	-	1,350	-
Current Portion of Leases	53	52	49	43	41
Current Income Taxes Payable	147	93	110	157	38
Current Unearned Revenue	-	11	4	5	-
Other Current Liabilities	313	312	273	228	194
Total Current Liabilities	2,235	3,412	1,889	3,167	1,797
Long-Term Debt	9,058	5,246	6,590	6,584	6,597
Long-Term Leases	202	181	196	186	151
Pension & Post-Retirement Benefits	42	42	43	44	67
Long-Term Deferred Tax Liabilities	139	167	146	142	320
Other Long-Term Liabilities	460	419	431	399	424
Total Liabilities	12,136	9,467	9,295	10,522	9,356
Common Stock	5	5	5	5	5
Additional Paid-In Capital	1,101	1,182	1,133	1,088	1,068
Retained Earnings	13,744	11,968	10,295	8,668	7,186
Treasury Stock	-10,685	-7,445	-5,597	-4,539	-2,952
Comprehensive Income & Other	-834	-940	-839	-817	-764
Total Common Equity	3,331	4,770	4,997	4,405	4,543
Minority Interest	-	-	-6	-2	1
Shareholders' Equity	3,331	4,770	4,991	4,403	4,544
Total Liabilities & Equity	15,467	14,237	14,286	14,925	13,900
Total Debt	9,313	6,829	6,838	8,165	6,789
Net Cash (Debt)	-7,001	-4,842	-4,797	-4,584	-3,304
Net Cash Per Share	-15.77	-10.65	-10.38	-9.75	-6.93
Filing Date Shares Outstanding	422.13	447.79	457.87	463.39	471.97
Total Common Shares Outstanding	424.93	448.47	458.37	463.81	472.57
Working Capital	4,533	2,574	4,454	4,339	5,133
Book Value Per Share	7.84	10.64	10.90	9.50	9.61
Tangible Book Value	-434	919	900	279	387
Tangible Book Value Per Share	-1.02	2.05	1.96	0.60	0.82
Land	33	28	25	26	22
Buildings	1,549	1,292	1,316	1,197	1,103
Machinery	3,729	3,353	3,372	3,013	2,627
Construction In Progress	1,295	1,353	1,085	814	742

Source: S&P Global Market Intelligence. Standard template. Financial Sources.