BRISTOL-MYERS SQUIBB COMPANY INDEX TO FORM 10-K December 31, 2020 * Indicates brand names of products which are trademarks not owned by BMS. Specific trademark ownership information is included in the Exhibit Index at the end of this 2020 Form 10-K. PART IV PART III PART II PART IA PART I Item 1. Business 1 Acquisitions, Divestitures and Licensing Arrangements 2 Products, Intellectual Property and Product Exclusivity 2 Research and Development 7 Alliances 12 Marketing, Distribution and Customers 13 Competition 14 Pricing, Price Constraints and Market Access 15 Government Regulation 16 Sources and Availability of Raw Materials 17 Manufacturing and Quality Assurance 18 Environmental Regulation 19 Human Capital Management and Resources 19 Foreign Operations 21 Bristol-Myers Squibb Website 21 Item 1A. Risk Factors 22 Item 1B. Unresolved Staff Comments 33 Item 2. Properties 33 Item 3. Legal Proceedings 33 Item 4. Mine Safety Disclosures 33 Information about our Executive Officers 34 Item 5. Market for the Registrant's Common Stock and Other Stockholder Matters 35 Item 6. Selected Financial Data 37 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 38 Item 7A. Quantitative and Qualitative Disclosures About Market Risk 68 Item 8. Financial Statements and Supplementary Data 70 Consolidated Statements of Earnings and Comprehensive (Loss)/Income 70 Consolidated Balance Sheets 71 Consolidated Statements of Cash Flows 72 Notes to the Financial Statements 73 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 126 Item 9A. Controls and Procedures 126 Item 9B. Other Information 126 Item 10. Directors and Executive Officers of the Registrant 128 Item 11. Executive Compensation 128 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 128 Item 13. Certain Relationships and Related Transactions 128 Item 14. Auditor Fees 128 Item 15. Exhibits and Financial Statement Schedule 129 Item 16. Form 10-K Summary 129 SIGNATURES 130 SUMMARY OF ABBREVIATED TERMS 132 EXHIBIT INDEX 133