BRISTOL-MYERS SQUIBB COMPANY INDEX TO FORM 10-K PART I Item 1. Business 1 Acquisitions, Divestitures and Licensing Arrangements 2 Products, Intellectual Property and Product Exclusivity 2 Research and Development 7 Alliances 11 Marketing, Distribution and Customers 12 Competition 12 Pricing, Price Constraints and Market Access 13 Government Regulation 14 Sources and Availability of Raw Materials 16 Manufacturing and Quality Assurance 16 Environmental Regulation 17 Employees 18 Foreign Operations 18 Bristol-Myers Squibb Website 18 Item 1A. Risk Factors 19 Item 1B. Unresolved Staff Comments 27 Item 2. Properties 27 Item 3. Legal Proceedings 27 Item 4. Mine Safety Disclosures 27 PART IA Information about our Executive Officers 28 PART II Item 5. Market for the Registrant's Common Stock and Other Stockholder Matters 29 Item 6. Selected Financial Data 31 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 32 Item 7A. Quantitative and Qualitative Disclosures About Market Risk 57 Item 8. Financial Statements and Supplementary Data 58 Consolidated Statements of Earnings and Comprehensive Income 58 Consolidated Balance Sheets 59 Consolidated Statements of Cash Flows 60 Notes to the Financial Statements 61 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 113 Item 9A. Controls and Procedures 113 Item 9B. Other Information 113 PART III Item 10. Directors and Executive Officers of the Registrant 115 Item 11. Executive Compensation 115 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 115 Item 13. Certain Relationships and Related Transactions 115 Item 14. Auditor Fees 115 PART IV Item 15. Exhibits and Financial Statement Schedule 116 Item 16. Form 10-K Summary 116 SIGNATURES 117 SUMMARY OF ABBREVIATED TERMS 119 EXHIBIT INDEX 120 * 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 2019 Form 10-K. December 31, 2019