ALLIANCES (Tables)

9 Months Ended

Sep. 30, 2022

ALLIANCES [Abstract]

Collaborative Arrangement and Arrangement Other than Collaborative

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 September 30,				Nine Months Ended September 30,
Dollars in Millions	2022		2021		2022		2021
Revenues from alliances:
Net product sales	$	2,722	$	2,452	$	9,234	$	8,139
Alliance revenues	173		194		560		495
Total Revenues	$	2,895	$	2,646	$	9,794	$	8,634
Payments to/(from) alliance partners:
Cost of products sold	$	1,328	$	1,181	$	4,456	$	3,924
Marketing, selling and administrative	(53)		(43)		(160)		(140)
Research and development	6		10		40		17
Acquired IPRD	—		—		100		736
Other (income)/expense, net	(18)		1		(41)		(18)

Dollars in Millions	September 30, 2022		December 31, 2021
Selected Alliance Balance Sheet information:
Receivables – from alliance partners	$	281	$	320
Accounts payable – to alliance partners	1,242		1,229
Deferred income – from alliances(a)	304		330

(a)    Includes unamortized upfront and milestone payments.