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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2018
Selected Quarterly Financial Information [Abstract]  
Quarterly Financial Information [Table Text Block]
Dollars in Millions, except per share data
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Year
2018
 
 
 
 
 
 
 
 
 
 
Total Revenues
 
$
5,193

 
$
5,704

 
$
5,691

 
$
5,973

 
$
22,561

Gross Margin
 
3,609

 
4,079

 
4,043

 
4,283

 
16,014

Net Earnings
 
1,495

 
382

 
1,912

 
1,158

 
4,947

Net Earnings/(Loss) Attributable to:
 
 
 
 
 
 
 
 
 
 
Noncontrolling Interest
 
9

 
9

 
11

 
(2
)
 
27

BMS
 
1,486

 
373

 
1,901

 
1,160

 
4,920

 
 
 
 
 
 
 
 
 
 
 
Earnings per Share - Basic(a)
 
$
0.91

 
$
0.23

 
$
1.16

 
$
0.71

 
$
3.01

Earnings per Share - Diluted(a)
 
0.91

 
0.23

 
1.16

 
0.71

 
3.01

 
 
 
 
 
 
 
 
 
 
 
Cash dividends declared per common share
 
$
0.40

 
$
0.40

 
$
0.40

 
$
0.41

 
$
1.61

 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
5,342

 
$
4,999

 
$
5,408

 
$
6,911

 
$
6,911

Marketable securities(b)
 
3,680

 
3,193

 
3,439

 
3,748

 
3,748

Total Assets
 
33,083

 
32,641

 
33,734

 
34,986

 
34,986

Long-term debt(c)
 
5,775

 
5,671

 
5,687

 
6,895

 
6,895

Equity
 
12,906

 
12,418

 
13,750

 
14,127

 
14,127

 
 
 
 
 
 
 
 
 
 
 
Dollars in Millions, except per share data
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Year
2017
 
 
 
 
 
 
 
 
 
 
Total Revenues
 
$
4,929

 
$
5,144

 
$
5,254

 
$
5,449

 
$
20,776

Gross Margin
 
3,664

 
3,575

 
3,675

 
3,768

 
14,682

Net Earnings
 
1,526

 
922

 
856

 
(2,329
)
 
975

Net Earnings/(Loss) Attributable to:
 
 
 
 
 
 
 
 
 
 
Noncontrolling Interest
 
(48
)
 
6

 
11

 
(1
)
 
(32
)
BMS
 
1,574

 
916

 
845

 
(2,328
)
 
1,007

 
 
 
 
 
 
 
 
 
 
 
Earnings/(Loss) per Share - Basic(a)
 
$
0.95

 
$
0.56

 
$
0.52

 
$
(1.42
)
 
$
0.61

Earnings/(Loss) per Share - Diluted(a)
 
0.94

 
0.56

 
0.51

 
(1.42
)
 
0.61

 
 
 
 
 
 
 
 
 
 
 
Cash dividends declared per common share
 
$
0.39

 
$
0.39

 
$
0.39

 
$
0.40

 
$
1.57

 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
3,910

 
$
3,470

 
$
4,644

 
$
5,421

 
$
5,421

Marketable securities(b)
 
4,884

 
5,615

 
5,004

 
3,871

 
3,871

Total Assets
 
32,937

 
33,409

 
33,977

 
33,551

 
33,551

Long-term debt(c)
 
7,237

 
6,911

 
6,982

 
6,975

 
6,975

Equity
 
14,535

 
14,821

 
14,914

 
11,847

 
11,847

(a)
Earnings per share for the quarters may not add to the amounts for the year, as each period is computed on a discrete basis.
(b)
Marketable securities includes current and non-current assets.
(c)
Long-term debt includes the current portion.
Selected Quarterly Data Specified Items [Table Text Block]
The following specified items affected the comparability of results in 2018 and 2017:

2018
Dollars in Millions
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year
Cost of products sold(a)
 
$
13

 
$
14

 
$
13

 
$
18

 
$
58

 
 
 
 
 
 
 
 
 
 
 
Marketing, selling and administrative
 
1

 
—

 
—

 
1

 
2

 
 
 
 
 
 
 
 
 
 
 
License and asset acquisition charges
 
60

 
1,075

 
—

 
—

 
1,135

Site exit costs
 
20

 
19

 
18

 
22

 
79

Research and development
 
80

 
1,094

 
18

 
22

 
1,214

 
 
 
 
 
 
 
 
 
 
 
Loss/(gain) on equity investments
 
(15
)
 
356

 
(97
)
 
268

 
512

Provision for restructuring
 
20

 
37

 
45

 
29

 
131

Litigation and other settlements
 
—

 
—

 
—

 
70

 
70

Divestiture gains
 
(43
)
 
(25
)
 
(108
)
 
(1
)
 
(177
)
Royalties and licensing income
 
(50
)
 
(25
)
 
—

 
—

 
(75
)
Pension and postretirement
 
31

 
37

 
27

 
26

 
121

Intangible asset impairment
 
64

 
—

 
—

 
—

 
64

Other income (net)
 
7

 
380

 
(133
)
 
392

 
646

 
 
 
 
 
 
 
 
 
 
 
Increase/(decrease) to pretax income
 
101

 
1,488

 
(102
)
 
433

 
1,920

 
 
 
 
 
 
 
 
 
 
 
Income taxes on items above
 
(8
)
 
(218
)
 
1

 
(43
)
 
(268
)
Income taxes attributed to U.S. tax reform
 
(32
)
 
3

 
(20
)
 
(7
)
 
(56
)
Income taxes
 
(40
)
 
(215
)
 
(19
)
 
(50
)
 
(324
)
 
 
 
 
 
 
 
 
 
 
 
Increase/(decrease) to net earnings
 
$
61

 
$
1,273

 
$
(121
)
 
$
383

 
$
1,596

2017
Dollars in Millions
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year
Cost of products sold(a)
 
$
—

 
$
130

 
$
1

 
$
18

 
$
149

 
 
 
 
 
 
 
 
 
 
 
Marketing, selling and administrative
 
—

 
—

 
—

 
1

 
1

 
 
 
 
 
 
 
 
 
 
 
License and asset acquisition charges
 
50

 
393

 
310

 
377

 
1,130

IPRD impairments
 
75

 
—

 
—

 
—

 
75

Site exit costs
 
72

 
96

 
64

 
151

 
383

Research and development
 
197

 
489

 
374

 
528

 
1,588

 
 
 
 
 
 
 
 
 
 
 
Provision for restructuring
 
164

 
15

 
28

 
86

 
293

Litigation and other settlements
 
(481
)
 
—

 
—

 
—

 
(481
)
Divestiture gains
 
(100
)
 
—

 
—

 
(26
)
 
(126
)
Royalties and licensing income
 
—

 
(497
)
 
—

 
—

 
(497
)
Pension and postretirement
 
33

 
36

 
22

 
71

 
162

Loss on debt redemption
 
—

 
109

 
—

 
—

 
109

Other income (net)
 
(384
)
 
(337
)
 
50

 
131

 
(540
)
 
 
 
 
 
 
 
 
 
 
 
Increase/(decrease) to pretax income
 
(187
)
 
282

 
425

 
678

 
1,198

 
 
 
 
 
 
 
 
 
 
 
Income taxes on items above
 
72

 
20

 
(41
)
 
(138
)
 
(87
)
Income taxes attributed to U.S. tax reform
 
—

 
—

 
—

 
2,911

 
2,911

Income taxes
 
72

 
20

 
(41
)
 
2,773

 
2,824

 
 
 
 
 
 
 
 
 
 
 
Increase/(decrease) to net earnings
 
(115
)
 
302

 
384

 
3,451

 
4,022

Noncontrolling interest
 
(59
)
 
—

 
—

 
—

 
(59
)
Increase/(decrease) to net earnings attributable to BMS
 
$
(174
)
 
$
302

 
$
384

 
$
3,451

 
$
3,963

(a)
Specified items in Cost of products sold are accelerated depreciation, asset impairment and other shutdown costs.