v3.26.1
OTHER (INCOME)/EXPENSE, NET
 6 Months Ended
Jun. 30, 2026
Other Nonoperating Income (Expense) [Abstract]  
OTHER (INCOME)/EXPENSE, NET OTHER (INCOME)/EXPENSE, NET
Three Months Ended June 30,Six Months Ended June 30,
Dollars in millions2026202520262025
Interest expense
$407 $485 $818 $979 
Royalty income - divestitures (Note 4)
— (286)— (558)
Royalty and licensing income (Note 4)(186)(162)(381)(421)
Investment income
(101)(139)(205)(277)
Provision for restructuring (Note 6)56 223 61 356 
Litigation and other settlements(a)
5 1 8 259 
Contingent consideration(b)
— 336 — 336 
Equity investment (gains)/losses, net (Note 9)
(114)22 (248)100 
Integration expenses (Note 6)17 32 36 74 
Divestiture (gains)/losses (Note 4)(138)1 (162)(7)
Other
(6)(19)45 (6)
Other (income)/expense, net
$(61)$494 $(28)$833 
(a)     Includes amounts related to pricing, sales and promotional practices disputes in 2025.
(b)     During the three months ended June 30, 2025, BMS recorded a $336 million charge, reflecting a change in the fair value of the Mirati contingent value rights, which was primarily driven by revised assumptions around the probability of achieving a specified regulatory milestone.