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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Total Revenues $ 11,892 $ 10,966 $ 35,958 $ 33,529
Cost of products sold [1] 2,957 2,506 9,156 7,948
Marketing, selling and administrative 1,983 2,003 6,278 5,699
Research and development 2,374 2,242 7,968 6,821
Acquired IPRD 262 80 13,343 313
Amortization of acquired intangible assets 2,406 2,256 7,179 6,769
Other (income)/expense, net 234 (258) 588 (787)
Total Expenses 10,216 8,829 44,512 26,763
Earnings/(loss) before income taxes 1,676 2,137 (8,554) 6,766
Income tax provision 461 203 455 488
Net earnings/(loss) 1,215 1,934 (9,009) 6,278
Noncontrolling interest 4 6 11 15
Net earnings/(loss) attributable to BMS $ 1,211 $ 1,928 $ (9,020) $ 6,263
Earnings/(Loss) per common share:        
Basic (usd per share) $ 0.60 $ 0.94 $ (4.45) $ 3.01
Diluted (usd per share) $ 0.60 $ 0.93 $ (4.45) $ 2.99
Net product sales        
Total Revenues $ 11,483 $ 10,645 $ 34,967 $ 32,610
Alliance and other revenues        
Total Revenues $ 409 $ 321 $ 991 $ 919
[1] Excludes amortization of acquired intangible assets