Stock Analysis on Net

Bristol-Myers Squibb Co. (NYSE:BMY)

Balance Sheet: Liabilities and Stockholders’ Equity 

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Bristol-Myers Squibb Co., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Short-term debt obligations 2,046 3,119 4,264 4,948 2,340
Accounts payable 3,602 3,259 3,040 2,949 2,713
Rebates and discounts 9,021 7,680 6,702 6,399 5,688
Income taxes 1,514 1,371 942 754 647
Employee compensation and benefits 1,694 1,291 1,425 1,375 1,412
Research and development 1,366 1,257 1,359 1,373 1,423
Dividends 1,258 1,213 1,196 1,186 1,129
Interest 572 349 321 378 434
Royalties 477 465 431 410 461
Current operating lease liabilities 181 162 136 169 164
Contingent value rights 515
Other 2,043 2,096 2,074 1,927 2,154
Other current liabilities 18,126 15,884 14,586 13,971 14,027
Current liabilities 23,774 22,262 21,890 21,868 19,080
Deferred income taxes 369 338 2,166 4,501 5,407
Long-term debt, excluding current portion 47,603 36,653 35,056 39,605 48,336
Income taxes 1,491 3,288 3,992 4,835 5,017
Pension and postretirement 400 480 402 654 899
Non-current operating lease liabilities 1,370 1,530 1,261 874 833
Deferred income 230 300 283 326 357
Deferred compensation 456 427 349 427 344
Contingent value rights 256
Other 266 396 303 218 326
Other non-current liabilities 4,469 6,421 6,590 7,334 7,776
Non-current liabilities 52,441 43,412 43,812 51,440 61,519
Total liabilities 76,215 65,674 65,702 73,308 80,599
Preferred stock, $2 convertible series, par value $1 per share
Common stock, par value of $0.10 per share 292 292 292 292 292
Capital in excess of par value of stock 46,024 45,684 45,165 44,361 44,325
Accumulated other comprehensive loss (1,238) (1,546) (1,281) (1,268) (1,839)
Retained earnings 14,912 28,766 25,503 23,820 21,281
Cost of treasury stock (43,655) (43,766) (38,618) (31,259) (26,237)
Total BMS shareholders’ equity 16,335 29,430 31,061 35,946 37,822
Noncontrolling interest 53 55 57 60 60
Total equity 16,388 29,485 31,118 36,006 37,882
Total liabilities and equity 92,603 95,159 96,820 109,314 118,481

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Bristol-Myers Squibb Co. current liabilities increased from 2022 to 2023 and from 2023 to 2024.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Bristol-Myers Squibb Co. non-current liabilities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Bristol-Myers Squibb Co. total liabilities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Total BMS shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Bristol-Myers Squibb Co. total BMS shareholders’ equity decreased from 2022 to 2023 and from 2023 to 2024.