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: 2017 | ||
Consolidated Statement of Financial Position | ||
Period Ending Dec 31, 2017 10-K (Filed: Feb 27, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2017 | Dec 31, 2016 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $ 11,972 | 7,826 |
| Marketable securities (Note D) | 608 | 701 |
| Notes and accounts receivable-trade (net of allowances of $297 in 2017 and $290 in 2016) | 8,928 | 9,182 |
| Short-term financing receivables (net of allowances of $261 in 2017 and $337 in 2016) (Note F) | 21,721 | 19,006 |
| Other accounts receivable (net of allowances of $36 in 2017 and $48 in 2016) | 981 | 1,057 |
| Inventories (Note E) | 1,583 | 1,553 |
| Prepaid expenses and other current assets | 3,942 | 4,564 |
| Total current assets | 49,735 | 43,888 |
| Property, plant and equipment (Note G) | 32,331 | 30,133 |
| Less: Accumulated depreciation (Note G) | 21,215 | 19,303 |
| Property, plant and equipment - net (Note G) | 11,116 | 10,830 |
| Long-term financing receivables (net of allowances of $74 in 2017 and $101 in 2016) (Note F) | 9,550 | 9,021 |
| Prepaid pension assets (Note S) | 4,643 | 3,034 |
| Deferred taxes (Note N) | 4,862 | 5,224 |
| Goodwill (Note I) | 36,788 | 36,199 |
| Intangible assets - net (Note I) | 3,742 | 4,688 |
| Investments and sundry assets (Note H) | 4,919 | 4,585 |
| Total assets | 125,356 | 117,470 |
| Liabilities and equity | ||
| Current liabilities | ||
| Taxes (Note N) | 4,219 | 3,235 |
| Short-term debt (Notes D&J) | 6,987 | 7,513 |
| Accounts payable | 6,451 | 6,209 |
| Compensation and benefits | 3,644 | 3,577 |
| Deferred income | 11,552 | 11,035 |
| Other accrued expenses and liabilities | 4,510 | 4,705 |
| Total current liabilities | 37,363 | 36,275 |
| Long-term debt (Notes D&J) | 39,837 | 34,655 |
| Retirement and nonpension postretirement benefit obligations (Note S) | 16,720 | 17,070 |
| Deferred income | 3,746 | 3,600 |
| Other liabilities (Note K) | 9,965 | 7,477 |
| Total liabilities | 107,631 | 99,078 |
| Contingencies and commitments (Note M) | ||
| Equity (Note L) | ||
| IBM stockholders' equity | ||
| Common stock, par value $.20 per share, and additional paid-in capital; Shares authorized: 4,687,500,000; Shares issued (2017-2,229,428,813; 2016-2,225,116,815) | 54,566 | 53,935 |
| Retained earnings | 153,126 | 152,759 |
| Treasury stock, at cost (shares: 2017 - 1,307,249,588; 2016 - 1,279,249,412) | (163,507) | (159,050) |
| Accumulated other comprehensive income/(loss) | (26,592) | (29,398) |
| Total IBM stockholders' equity | 17,594 | 18,246 |
| Noncontrolling interests (Note A) | 131 | 146 |
| Total equity | 17,725 | 18,392 |
| Total liabilities and equity | 125,356 | 117,470 |
| External Links | |
| INTERNATIONAL BUSINESS MACHINES CORP (IBM) Fiscal Year 2017 | |
| 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 |