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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Total Revenues $ 48,300 $ 45,006 $ 46,159
Cost of products sold [1] 13,968 10,693 10,137
Marketing, selling and administrative 8,414 7,772 7,814
Research and development 11,159 9,299 9,509
Acquired IPRD 13,373 913 815
Amortization of acquired intangible assets 8,872 9,047 9,595
Other (income)/expense, net 893 (1,158) 576
Total Expenses 56,679 36,566 38,446
(Loss)/earnings before income taxes (8,379) 8,440 7,713
Income tax provision 554 400 1,368
Net (loss)/earnings (8,933) 8,040 6,345
Noncontrolling Interest 15 15 18
Net (loss)/earnings attributable to BMS $ (8,948) $ 8,025 $ 6,327
(Loss)/Earnings per common share:      
Basic (in dollars per share) $ (4.41) $ 3.88 $ 2.97
Diluted (in dollars per share) $ (4.41) $ 3.86 $ 2.95
Net product sales      
Total Revenues $ 46,778 $ 43,778 $ 44,671
Alliance and other revenues      
Total Revenues $ 1,522 $ 1,228 $ 1,488
[1] Excludes amortization of acquired intangible assets.