XML 20 R4.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Total revenues $ 6,686 $ 6,352
Costs and expenses:    
Cost of goods sold 1,552 1,401
Research and development expenses 1,520 1,447
Acquired in-process research and development expenses 4,131 481
In-process research and development impairment 2,430 0
Selling, general and administrative expenses 1,375 1,319
Total costs and expenses 11,008 4,647
Operating (loss) income (4,322) 1,705
Interest expense 254 230
Other (income) expense, net (91) 174
(Loss) income before income taxes (4,486) 1,300
Income tax (benefit) expense (315) 316
Net (loss) income (4,170) 985
Net loss attributable to noncontrolling interest 0 (26)
Net (loss) income attributable to Gilead $ (4,170) $ 1,010
Basic (loss) earnings per share attributable to Gilead (in dollars per share) $ (3.34) $ 0.81
Shares used in basic (loss) earnings per share attributable to Gilead calculation (in shares) 1,247 1,248
Diluted (loss) earnings per share attributable to Gilead (in dollars per share) $ (3.34) $ 0.80
Shares used in diluted (loss) earnings per share attributable to Gilead calculation (in shares) 1,247 1,261
Product sales    
Revenues:    
Total revenues $ 6,647 $ 6,306
Royalty, contract and other revenues    
Revenues:    
Total revenues $ 39 $ 46