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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Total Revenues $ 11,865 $ 11,337
Cost of products sold [1] 2,932 2,566
Marketing, selling and administrative 2,367 1,762
Research and development 2,695 2,321
Acquired IPRD 12,949 75
Amortization of acquired intangible assets 2,357 2,256
Other (income)/expense, net 81 (413)
Total Expenses 23,381 8,567
(Loss)/Earnings before income taxes (11,516) 2,770
Income tax provision 392 503
Net (loss)/earnings (11,908) 2,267
Noncontrolling interest 3 5
Net (loss)/earnings attributable to BMS $ (11,911) $ 2,262
(Loss)/Earnings per common share:    
Basic (usd per share) $ (5.89) $ 1.08
Diluted (usd per share) $ (5.89) $ 1.07
Net product sales    
Total Revenues $ 11,559 $ 11,048
Alliance and other revenues    
Total Revenues $ 306 $ 289
[1] Excludes amortization of acquired intangible assets