BRISTOL MYERS SQUIBB CO
For the period ended Dec 31, 2024. Filed Feb 12, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 12, 2025
BMY$62.80+1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Earnings and Comprehensive (Loss)/Income
CONSOLIDATED STATEMENTS OF EARNINGS
Dollars in millions, except per share data
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net product sales | $46,778 | $43,778 | $44,671 |
| Alliance and other revenues | 1,522 | 1,228 | 1,488 |
| Total Revenues | 48,300 | 45,006 | 46,159 |
| Cost of products sold(a) | 13,968 | 10,693 | 10,137 |
| Marketing, selling and administrative | 8,414 | 7,772 | 7,814 |
| Research and development | 11,159 | 9,299 | 9,509 |
| Acquired IPRD | 13,373 | 913 | 815 |
| Amortization of acquired intangible assets | 8,872 | 9,047 | 9,595 |
| Other (income)/expense, net | 893 | (1,158) | 576 |
| Total Expenses | 56,679 | 36,566 | 38,446 |
| (Loss)/earnings before income taxes | (8,379) | 8,440 | 7,713 |
| Income tax provision | 554 | 400 | 1,368 |
| Net (loss)/earnings | (8,933) | 8,040 | 6,345 |
| Noncontrolling Interest | 15 | 15 | 18 |
| Net (loss)/earnings attributable to BMS | $(8,948) | $8,025 | $6,327 |
| (Loss)/Earnings per common share: | |||
| Basic | $(4.41) | $3.88 | $2.97 |
| Diluted | (4.41) | 3.86 | 2.95 |
(a)Excludes amortization of acquired intangible assets.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME
Dollars in millions
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net (loss)/earnings | $(8,933) | $8,040 | $6,345 |
| Other comprehensive income/(loss), net of taxes and reclassifications to earnings: | |||
| Derivatives qualifying as cash flow hedges | 374 | (230) | 54 |
| Pension and postretirement benefits | 90 | (115) | 145 |
| Marketable debt securities | — | 2 | (2) |
| Foreign currency translation | (156) | 78 | (210) |
| Total other comprehensive income/(loss) | 308 | (265) | (13) |
| Comprehensive (loss)/income | (8,625) | 7,775 | 6,332 |
| Comprehensive income attributable to noncontrolling interest | 15 | 15 | 18 |
| Comprehensive (loss)/income attributable to BMS | $(8,640) | $7,760 | $6,314 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.