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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Total Revenues $ 46,159 $ 46,385 $ 42,518
Cost of products sold [1] 10,137 9,940 11,773
Marketing, selling and administrative 7,814 7,690 7,661
Research and development 9,509 10,195 10,048
Acquired IPRD 815 1,159 12,533
Amortization of acquired intangible assets 9,595 10,023 9,688
Other (income)/expense, net 576 (720) (2,314)
Total Expenses 38,446 38,287 49,389
Earnings/(Loss) Before Income Taxes 7,713 8,098 (6,871)
Provision for Income Taxes 1,368 1,084 2,124
Net Earnings/(Loss) 6,345 7,014 (8,995)
Noncontrolling Interest 18 20 20
Net Earnings(Loss) Attributable to BMS $ 6,327 $ 6,994 $ (9,015)
Earnings per common share attributable to BMS, basic (in usd per share) $ 2.97 $ 3.15 $ (3.99)
Earnings per common share attributable to BMS, diluted (in usd per share) $ 2.95 $ 3.12 $ (3.99)
Net product sales      
Total Revenues $ 44,671 $ 45,055 $ 41,321
Alliance and other revenues      
Total Revenues $ 1,488 $ 1,330 $ 1,197
[1] Excludes amortization of acquired intangible assets.