v3.26.1
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Total Revenues $ 11,489 $ 11,201
Cost of products sold [1] 3,421 3,033
Selling, general and administrative 1,617 1,584
Research and development 2,649 2,257
Acquired IPRD 94 188
Amortization of acquired intangible assets 437 830
Other (income)/expense, net 32 339
Total Expenses 8,250 8,230
Earnings/(Loss) before income taxes 3,240 2,971
Income tax provision 561 509
Net earnings/(loss) 2,678 2,462
Noncontrolling interest 1 6
Net earnings/(loss) attributable to BMS $ 2,677 $ 2,456
Earnings/(Loss) per common share:    
Basic (usd per share) $ 1.31 $ 1.21
Diluted (usd per share) $ 1.31 $ 1.20
Net product sales    
Total Revenues $ 11,168 $ 10,886
Alliance and other revenues    
Total Revenues $ 321 $ 315
[1] Excludes amortization of acquired intangible assets