ALLIANCES (Tables)

3 Months Ended

Mar. 31, 2025

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 March 31,
Dollars in millions	2025		2024
Revenues from alliances:
Net product sales	$	3,635	$	3,762
Alliance revenues	88		134
Total alliance revenues	$	3,723	$	3,896
Payments to/(from) alliance partners:
Cost of products sold	$	1,788	$	1,825
Selling, general and administrative	(65)		(79)
Research and development	77		54
Acquired IPRD	—		800
Other (income)/expense, net	(12)		(12)

Dollars in millions	March 31, 2025		December 31, 2024
Selected alliance balance sheet information:
Receivables – from alliance partners	$	170	$	221
Accounts payable – to alliance partners	1,762		1,578
Deferred income – from alliances(a)	217		222

(a) Includes unamortized upfront and milestone payments.