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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Total revenues $ 11,337 $ 11,648
Cost of products sold [1] 2,566 2,471
Marketing, selling and administrative 1,762 1,831
Research and development 2,321 2,260
Acquired IPRD 75 333
Amortization of acquired intangible assets 2,256 2,417
Other (income)/expense, net (413) 649
Total Expenses 8,567 9,961
Earnings before income taxes 2,770 1,687
Provision for income taxes 503 404
Net earnings 2,267 1,283
Noncontrolling interest 5 5
Net earnings attributable to BMS $ 2,262 $ 1,278
Earnings per common share attributable to BMS, basic (in usd per share) $ 1.08 $ 0.60
Earnings per common share attributable to BMS, diluted (in usd per share) $ 1.07 $ 0.59
Net product sales    
Total revenues $ 11,048 $ 11,308
Alliance and other revenues    
Total revenues $ 289 $ 340
[1] Excludes amortization of acquired intangible assets