ALLIANCES (Tables)

9 Months Ended

Sep. 30, 2023

ALLIANCES [Abstract]

Selected Financial Information For 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.

	Three Months Ended September 30,				Nine Months Ended September 30,
Dollars in millions	2023		2022		2023		2022
Revenues from alliances
Net product sales	$	2,762	$	2,722	$	9,614	$	9,234
Alliance revenues	138		173		461		560
Total alliance revenues	$	2,900	$	2,895	$	10,075	$	9,794
To/(from) alliance partners
Cost of products sold	$	1,330	$	1,328	$	4,650	$	4,456
Marketing, selling and administrative	(52)		(53)		(190)		(160)
Research and development	1		6		81		40
Acquired IPRD	—		—		55		100
Other (income)/expense, net	(10)		(18)		(37)		(41)

Dollars in millions	September 30, 2023		December 31, 2022
Selected alliance balance sheet information
Receivables – from alliance partners	$	209	$	317
Accounts payable – to alliance partners	1,288		1,249
Deferred income – from alliances(a)	289		289

(a) Includes unamortized upfront and milestone payments.