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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Total Revenues $ 11,201 $ 11,865
Cost of products sold [1] 3,033 2,932
Selling, general and administrative 1,584 2,367
Research and development 2,257 2,695
Acquired IPRD 188 12,949
Amortization of acquired intangible assets 830 2,357
Other (income)/expense, net 339 81
Total Expenses 8,230 23,381
Earnings/(Loss) before income taxes 2,971 (11,516)
Income tax provision 509 392
Net earnings/(loss) 2,462 (11,908)
Noncontrolling interest 6 3
Net earnings/(loss) attributable to BMS $ 2,456 $ (11,911)
Earnings/(Loss) per common share:    
Basic (usd per share) $ 1.21 $ (5.89)
Diluted (usd per share) $ 1.20 $ (5.89)
Net product sales    
Total Revenues $ 10,886 $ 11,559
Alliance and other revenues    
Total Revenues $ 315 $ 306
[1] Excludes amortization of acquired intangible assets