ALLIANCES (Tables)

12 Months Ended

Dec. 31, 2021

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Financial Information Pertaining to 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.

	Year Ended December 31,
Dollars in Millions	2021		2020		2019
Revenues from alliances:
Net product sales	$	10,840	$	9,364	$	9,944
Alliance revenues	716		615		597
Total Revenues	$	11,556	$	9,979	$	10,541
Payments to/(from) alliance partners:
Cost of products sold	$	5,227	$	4,485	$	4,169
Marketing, selling and administrative	(183)		(128)		(127)
Research and development	772		349		42
Other (income)/expense, net	(62)		(74)		(60)

Selected Alliance Balance Sheet Information:	December 31,
Dollars in Millions	2021		2020
Receivables – from alliance partners	$	320	$	343
Accounts payable – to alliance partners	1,229		1,093
Deferred income from alliances(a)	330		366

(a)    Includes unamortized up-front and milestone payments.

Collaborative Arrangement | Pfizer

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Financial Information Pertaining to Alliances

Summarized financial information related to this alliance was as follows:

	Year Ended December 31,
Dollars in Millions	2021		2020		2019
Revenues from Pfizer alliance:
Net product sales	$	10,431	$	8,942	$	7,711
Alliance revenues	331		226		218
Total Revenues	$	10,762	$	9,168	$	7,929
Payments to/(from) Pfizer:
Cost of products sold – Profit sharing	$	5,064	$	4,331	$	3,745
Other (income)/expense, net – Amortization of deferred income	(36)		(55)		(55)

Selected Alliance Balance Sheet Information:	December 31,
Dollars in Millions	2021		2020
Receivables	$	235	$	253
Accounts payable	1,195		1,024
Deferred income	264		300

Collaborative Arrangement | Ono

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Financial Information Pertaining to Alliances

Summarized financial information related to this alliance was as follows:

	Year Ended December 31,
Dollars in Millions	2021		2020		2019
Revenues from Ono alliances:
Net product sales	$	251	$	194	$	194
Alliance revenues	385		382		305
Total Revenues	$	636	$	576	$	499