Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Zoetis Inc., consolidated statement of comprehensive income

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income before allocation to noncontrolling interests	2,340)	2,111)	2,034)	1,636)	1,500)
Unrealized gains (losses) on derivatives for cash flow hedges, net of tax	(5)	86)	19)	(15)	4)
Unrealized gains (losses) on derivatives for net investment hedges, net of tax	(23)	36)	42)	(58)	12)
Foreign currency translation adjustments, net	—)	(188)	(101)	69)	(104)
Benefit plans: Actuarial gain (loss), net of tax	6)	13)	6)	—)	(9)
Other comprehensive income (loss), net of tax	(22)	(53)	(34)	(4)	(97)
Comprehensive income before allocation to noncontrolling interests	2,318)	2,058)	2,000)	1,632)	1,403)
Comprehensive loss attributable to noncontrolling interests	4)	3)	3)	2)	—)
Comprehensive income attributable to Zoetis	2,322)	2,061)	2,003)	1,634)	1,403)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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Comprehensive income item	Description	The company
Net income attributable to Zoetis Inc.	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Zoetis Inc. net income attributable to Zoetis Inc. increased from 2021 to 2022 and from 2022 to 2023.
Comprehensive income attributable to Zoetis	Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners.	Zoetis Inc. comprehensive income attributable to Zoetis increased from 2021 to 2022 and from 2022 to 2023.

Zoetis Inc. (NYSE:ZTS)

Statement of Comprehensive Income