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v3.25.1

ALLIANCES - Selected Financial Information For Alliances (Details) - USD ($) $ in Millions | 3 Months Ended |
--- | --- | ---
Mar. 31, 2025 | Mar. 31, 2024 | Dec. 31, 2024
Alliance Statement [Line Items] |  |  |  |
Total alliance revenues |  | $ 11,201 | $ 11,865 |
Cost of products sold | [1] | 3,033 | 2,932 |
Selling, general and administrative |  | (1,584) | (2,367) |
Other (income)/expense, net |  | 339 | 81 |
Receivables – from alliance partners |  | 10,801 |  | $ 10,747
Accounts payable – to alliance partners |  | 4,002 |  | 3,602
Net product sales |  |  |  |
Alliance Statement [Line Items] |  |  |  |
Total alliance revenues |  | 10,886 | 11,559 |
Collaborative Arrangement |  |  |  |
Alliance Statement [Line Items] |  |  |  |
Total alliance revenues |  | 3,723 | 3,896 |
Cost of products sold |  | 1,788 | 1,825 |
Selling, general and administrative |  | (65) | (79) |
Research and development |  | 77 | 54 |
Acquired IPRD |  | 0 | 800 |
Other (income)/expense, net |  | (12) | (12) |
Receivables – from alliance partners |  | 170 |  | 221
Accounts payable – to alliance partners |  | 1,762 |  | 1,578
Deferred income - from alliances |  | 217 |  | $ 222
Collaborative Arrangement | Net product sales |  |  |  |
Alliance Statement [Line Items] |  |  |  |
Total alliance revenues |  | 3,635 | 3,762 |
Collaborative Arrangement | Alliance revenues |  |  |  |
Alliance Statement [Line Items] |  |  |  |
Total alliance revenues |  | $ 88 | $ 134 |
[1] | Excludes amortization of acquired intangible assets

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