10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
INTERNATIONAL BUSINESS MACHINES CORP | ||
Ticker: IBM Fiscal Year: 2009 | ||
Consolidated Statement of Financial Position | ||
Period Ending Dec 31, 2009 10-K (Filed: Feb 23, 2010) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2009 | Dec 31, 2008 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 12,183 | 12,741 |
| Marketable securities (Note E) | 1,791 | 166 |
| Notes and accounts receivable - trade (net of allowances of $217 in 2009 and $226 in 2008) | 10,736 | 10,906 |
| Short-term financing receivables (net of allowances of $438 in 2009 and $351 in 2008) (Note G) | 14,914 | 15,477 |
| Other accounts receivable (net of allowances of $15 in 2009 and $55 in 2008) | 1,143 | 1,172 |
| Inventories (Note F) | 2,494 | 2,701 |
| Deferred taxes (Note P) | 1,730 | 1,542 |
| Prepaid expenses and other current assets | 3,946 | 4,299 |
| Total current assets | 48,935 | 49,004 |
| Plant, rental machines and other property (Note H) | 39,596 | 38,445 |
| Less: Accumulated depreciation (Note H) | 25,431 | 24,140 |
| Plant, rental machines and other property - net (Note H) | 14,165 | 14,305 |
| Long-term financing receivables (net of allowances of $97 in 2009 and $179 in 2008) (Note G) | 10,644 | 11,183 |
| Prepaid pension assets (Note U) | 3,001 | 1,601 |
| Deferred taxes (Note P) | 4,195 | 7,270 |
| Goodwill (Note J) | 20,190 | 18,226 |
| Intangible assets - net (Note J) | 2,513 | 2,878 |
| Investments and sundry assets (Note I) | 5,379 | 5,058 |
| Total assets | 109,022 | 109,524 [1] |
| Liabilities and equity: | ||
| Current liabilities: | ||
| Taxes (Note P) | 3,826 | 2,743 |
| Short-term debt (Notes K&L) | 4,168 | 11,236 |
| Accounts payable | 7,436 | 7,014 |
| Compensation and benefits | 4,505 | 4,623 |
| Deferred income | 10,845 | 10,239 |
| Other accrued expenses and liabilities | 5,223 | 6,580 |
| Total current liabilities | 36,002 | 42,435 |
| Long-term debt (Notes K&L) | 21,932 | 22,689 |
| Retirement and nonpension postretirement benefit obligations (Note U) | 15,953 | 19,452 |
| Deferred income | 3,562 | 3,171 |
| Other liabilities (Note M) | 8,819 | 8,192 |
| Total liabilities | 86,267 | 95,939 |
| Contingencies and Commitments (Note O) | Note O | Note O |
| Equity: (Note N) | ||
| IBM Stockholders' equity: (Note N) | ||
| Common stock, par value $.20 per share and additional paid-in capital - Shares authorized: 4,687,500,000, Shares issued (2009 - 2,127,016,668; 2008 - 2,096,981,860) | 41,810 | 39,129 |
| Retained earnings | 80,900 | 70,353 |
| Treasury stock, at cost (shares: 2009 - 821,679,245; 2008 - 757,885,937) | (81,243) | (74,171) |
| Accumulated other comprehensive income/(loss) | (18,830) | (21,845) |
| Total IBM Stockholders' equity | 22,637 | 13,465 [2] |
| Noncontrolling interests (Note N) | 118 | 119 |
| Total equity | 22,755 | 13,584 |
| Total liabilities and equity | 109,022 | 109,524 |
| [1] Amounts may not add due to rounding. | ||
| [2] Reflects the adoption of the FASB guidance on noncontrolling interests in consolidated financial statements. See note B, "Accounting Changes," on pages 79 to 82 for additional information. | ||
| External Links | |
| INTERNATIONAL BUSINESS MACHINES CORP (IBM) Fiscal Year 2009 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |