XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Total Revenues $ 12,222 $ 11,892 $ 35,692 $ 35,958
Cost of products sold [1] 3,435 2,957 9,839 9,156
Selling, general and administrative 1,789 1,983 5,086 6,278
Research and development 2,528 2,374 7,365 7,968
Acquired IPRD 633 262 2,328 13,343
Amortization of acquired intangible assets 831 2,406 2,491 7,179
Other (income)/expense, net (108) 234 725 588
Total Expenses 9,108 10,216 27,834 44,512
Earnings/(Loss) before income taxes 3,114 1,676 7,858 (8,554)
Income tax provision 919 461 1,888 455
Net earnings/(loss) 2,195 1,215 5,970 (9,009)
Noncontrolling interest (6) 4 3 11
Net earnings/(loss) attributable to BMS $ 2,201 $ 1,211 $ 5,967 $ (9,020)
Earnings/(Loss) per common share:        
Basic (usd per share) $ 1.08 $ 0.60 $ 2.93 $ (4.45)
Diluted (usd per share) $ 1.08 $ 0.60 $ 2.93 $ (4.45)
Net product sales        
Total Revenues $ 11,850 $ 11,483 $ 34,645 $ 34,967
Alliance and other revenues        
Total Revenues $ 372 $ 409 $ 1,047 $ 991
[1] Excludes amortization of acquired intangible assets