ALLIANCES (Tables)

6 Months Ended

Jun. 30, 2022

ALLIANCES [Abstract]

Collaborative Arrangement and Arrangement Other than Collaborative

Selected financial information pertaining to alliances was as follows, including net product sales when BMS is the principal in the third-party customer sale for products subject to the alliance. Expenses summarized below do not include all amounts attributed to the activities for the products in the alliance, but only the payments between the alliance partners or the related amortization if the payments were deferred or capitalized.

	Three Months Ended June 30,				Six Months Ended June 30,
Dollars in Millions	2022		2021		2022		2021
Revenues from alliances:
Net product sales	$	3,273	$	2,805	$	6,512	$	5,687
Alliance revenues	199		159		387		301
Total Revenues	$	3,472	$	2,964	$	6,899	$	5,988
Payments to/(from) alliance partners:
Cost of products sold	$	1,572	$	1,346	$	3,128	$	2,743
Marketing, selling and administrative	(53)		(48)		(107)		(97)
Research and development	12		6		34		7
Acquired IPRD	100		730		100		736
Other (income)/expense, net	(11)		(14)		(23)		(19)

Dollars in Millions	June 30, 2022		December 31, 2021
Selected Alliance Balance Sheet information:
Receivables – from alliance partners	$	325	$	320
Accounts payable – to alliance partners	1,509		1,229
Deferred income – from alliances(a)	321		330

(a)    Includes unamortized upfront and milestone payments.