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: 2014 | ||
Consolidated Statement of Financial Position | ||
Period Ending Dec 31, 2014 10-K (Filed: Feb 24, 2015) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2014 | Dec 31, 2013 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $ 8,476 | 10,716 |
| Marketable securities (Note D) | 0 | 350 |
| Notes and accounts receivable - trade (net of allowances of $336 in 2014 and $291 in 2013) | 9,090 | 10,465 |
| Short-term financing receivables (net of allowances of $452 in 2014 and $308 in 2013) (Note F) | 19,835 | 19,787 |
| Other accounts receivable (net of allowances of $40 in 2014 and $36 in 2013) | 2,906 | 1,584 |
| Inventories (Note E) | 2,103 | 2,310 |
| Deferred taxes (Note N) | 2,044 | 1,651 |
| Prepaid expenses and other current assets | 4,967 | 4,488 |
| Total current assets | 49,422 | 51,350 |
| Property, plant and equipment (Note G) | 39,034 | 40,475 |
| Less: Accumulated depreciation (Note G) | 28,263 | 26,654 |
| Property, plant and equipment - net (Note G) | 10,771 | 13,821 |
| Long-term financing receivables (net of allowances of $126 in 2014 and $80 in 2013) (Note F) | 11,109 | 12,755 |
| Prepaid pension assets (Note S) | 2,160 | 5,551 |
| Deferred taxes (Note N) | 4,808 | 3,051 |
| Goodwill (Note I) | 30,556 | 31,184 |
| Intangible assets - net (Note I) | 3,104 | 3,871 |
| Investments and sundry assets (Note H) | 5,603 | 4,639 |
| Total assets | 117,532 | 126,223 |
| Liabilities and equity | ||
| Current liabilities | ||
| Taxes (Note N) | 5,084 | 4,633 |
| Short-term debt (Note D&J) | 5,731 | 6,862 |
| Accounts payable | 6,864 | 7,461 |
| Compensation and benefits | 4,031 | 3,893 |
| Deferred income | 11,877 | 12,557 |
| Other accrued expenses and liabilities | 6,013 | 4,748 |
| Total current liabilities | 39,600 | 40,154 |
| Long-term debt (Note D&J) | 35,073 | 32,856 |
| Retirement and nonpension postretirement benefit obligations (Note S) | 18,261 | 16,242 |
| Deferred income | 3,691 | 4,108 |
| Other liabilities (Note K) | 8,892 | 9,934 |
| Total liabilities | 105,518 | 103,294 |
| Contingencies and commitments (Note M) | ||
| Equity: (Note L) | ||
| IBM stockholders' equity | ||
| Common stock, par value $0.20 per share, and additional paid-in capital Shares authorized: 4,687,500,000 Shares issued (2014 -- 2,215,209,574; 2013 -- 2,207,522,548) | 52,666 | 51,594 |
| Retained earnings | 137,793 | 130,042 |
| Treasury stock, at cost (shares: 2014 -- 1,224,685,815; 2013 -- 1,153,131,611) | (150,715) | (137,242) |
| Accumulated other comprehensive income/(loss) | (27,875) | (21,602) |
| Total IBM stockholders' equity | 11,868 | 22,792 |
| Noncontrolling interests (Note A) | 146 | 137 |
| Total equity | 12,014 | 22,929 |
| Total liabilities and equity | 117,532 | 126,223 |
| External Links | |
| INTERNATIONAL BUSINESS MACHINES CORP (IBM) Fiscal Year 2014 | |
| 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 |