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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total Revenues $ 45,006 $ 46,159 $ 46,385
Cost of products sold [1] 10,693 10,137 9,940
Marketing, selling and administrative 7,772 7,814 7,690
Research and development 9,299 9,509 10,195
Acquired IPRD 913 815 1,159
Amortization of acquired intangible assets 9,047 9,595 10,023
Other (income)/expense, net (1,158) 576 (720)
Total Expenses 36,566 38,446 38,287
Earnings Before Income Taxes 8,440 7,713 8,098
Provision for Income Taxes 400 1,368 1,084
Net Earnings 8,040 6,345 7,014
Noncontrolling Interest 15 18 20
Net Earnings Attributable to BMS $ 8,025 $ 6,327 $ 6,994
Earnings per Common Share      
Basic (in dollars per share) $ 3.88 $ 2.97 $ 3.15
Diluted (in dollars per share) $ 3.86 $ 2.95 $ 3.12
Net product sales      
Total Revenues $ 43,778 $ 44,671 $ 45,055
Alliance and other revenues      
Total Revenues $ 1,228 $ 1,488 $ 1,330
[1] Excludes amortization of acquired intangible assets.