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ALLIANCES (Tables)
 12 Months Ended
Dec. 31, 2024
Alliances [Abstract]  
Financial Information Pertaining to 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 agreements. 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.
Year Ended December 31,
Dollars in millions202420232022
Revenues from alliances:
Net product sales$13,587 $12,543 $12,001 
Alliance revenues479 608 742 
Total alliance revenues
$14,066 $13,151 $12,743 
Payments to/(from) alliance partners:
Cost of products sold$6,597 $6,067 $5,768 
Marketing, selling and administrative(295)(263)(223)
Research and development237 137 49 
Acquired IPRD880 55 100 
Other (income)/expense, net(137)(49)(53)
December 31,
Dollars in millions20242023
Selected alliance balance sheet information:
Receivables – from alliance partners$221 $233 
Accounts payable – to alliance partners1,578 1,394 
Deferred income from alliances(a)
222 274 
(a)    Includes unamortized upfront and milestone payments.
Summarized financial information related to this alliance was as follows:
 Year Ended December 31,
Dollars in millions202420232022
Revenues from Pfizer alliance:
Net product sales$13,187 $12,006 $11,488 
Alliance revenues146 200 301 
Total revenues$13,333 $12,206 $11,789 
Payments to/(from) Pfizer:
Cost of products sold – profit sharing6,419 5,833 5,604 
Other (income)/expense, net – amortization of deferred income(42)(42)(42)
Selected alliance balance sheet information:December 31,
Dollars in millions20242023
Receivables$189 $169 
Accounts payable1,463 1,311 
Deferred income137 180 
Summarized financial information related to this alliance was as follows:
 Year Ended December 31,
202420232022
(Dollars in millions)
Net product sales$158 $180 $216 
Alliance revenues333 408 441 
Total Revenues$491 $588 $657