Below are the financial statements of International Business Machines, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in billions of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 13.95a | 13.07a |
Restricted cash | 0.21a | 0.02a |
Marketable securities | 0.64a | 0.37a |
Notes and accounts receivable - trade (net of allowances of $114 in 2024 and $192 in 2023) | 6.8a | 7.21a |
Short-term financing receivables | — | — |
Held for investment (net of allowances of $109 in 2024 and $129 in 2023) | 6.26a | 6.1a |
Held for sale | 0.9a | 0.69a |
Other accounts receivable (net of allowances of $31 in 2024 and $109 in 2023) | 0.95a | 0.64a |
Inventory | 1.29a | 1.16a |
Deferred costs | 0.96a | 1a |
Prepaid expenses and other current assets | 2.52a | 2.64a |
Total current assets | 34.48a | 32.91a |
Assets | — | — |
Property, plant and equipment | 17.69a | 18.12a |
Less: accumulated depreciation | 11.96a | 12.62a |
Property, plant and equipment - net | 5.73a | 5.5a |
Operating right-of-use assets - net | 3.2a | 3.22a |
Long-term financing receivables (net of allowances of $19 in 2024 and $27 in 2023) | 5.35a | 5.77a |
Prepaid pension assets | 7.49a | 7.51a |
Deferred costs | 0.79a | 0.84a |
Deferred taxes | 6.98a | 6.66a |
Goodwill | 60.71a | 60.18a |
Intangible assets - net | 10.66a | 11.04a |
Investments and sundry assets | 1.79a | 1.63a |
Total assets | 137.18a | 135.24a |
Current liabilities | — | — |
Taxes | 2.03a | 2.27a |
Short-term debt | 5.09a | 6.43a |
Accounts payable | 4.03a | 4.13a |
Compensation and benefits | 3.61a | 3.5a |
Deferred income | 13.91a | 13.45a |
Operating lease liabilities | 0.77a | 0.82a |
Other accrued expenses and liabilities | 3.71a | 3.52a |
Total current liabilities | 33.14a | 34.12a |
Liabilities and equity | — | — |
Long-term debt | 49.88a | 50.12a |
Retirement and nonpension postretirement benefit obligations | 9.43a | 10.81a |
Deferred income | 3.62a | 3.53a |
Operating lease liabilities | 2.66a | 2.57a |
Other liabilities | 11.05a | 11.48a |
Total liabilities | 109.78a | 112.63a |
IBM stockholders' equity | — | — |
Common stock, par value $.20 per share, and additional paid-in capital | 61.38a | 59.64a |
Retained earnings | 151.16a | 151.28a |
Treasury stock, at cost | -169.97a | -169.62a |
Accumulated other comprehensive income/(loss) | -15.27a | -18.76a |
Equity | — | — |
Total IBM stockholders' equity | 27.31a | 22.53a |
Noncontrolling interests | 0.09a | 0.08a |
Total equity | 27.39a | 22.61a |
Total liabilities and equity | 137.18a | 135.24a |
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