ALLIANCES (Tables)

6 Months Ended

Jun. 30, 2023

ALLIANCES [Abstract]

Selected Financial Information For Alliances

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	2023		2022		2023		2022
Revenues from alliances
Net product sales	$	3,320	$	3,273	6,852		$	6,512
Alliance revenues	179		199		323		387
Total alliance revenues	$	3,499	$	3,472	7,175		$	6,899
To/(from) alliance partners
Cost of products sold	$	1,614	$	1,572	$	3,320	$	3,128
Marketing, selling and administrative	(64)		(53)		(138)		(107)
Research and development	36		12		80		34
Acquired IPRD	55		100		55		100
Other (income)/expense, net	(15)		(11)		(27)		(23)

Dollars in millions	June 30, 2023		December 31, 2022
Selected alliance balance sheet information
Receivables – from alliance partners	$	287	$	317
Accounts payable – to alliance partners	1,613		1,249
Deferred income – from alliances(a)	300		289

(a) Includes unamortized upfront and milestone payments.