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: 2018 | ||
Consolidated Statement of Financial Position | ||
Period Ending Dec 31, 2018 10-K (Filed: Feb 26, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2018 | Dec 31, 2017 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $ 11,379 | 11,972 |
| Restricted cash | 225 | 262 |
| Marketable securities (Note D) | 618 | 608 |
| Notes and accounts receivable - trade (net of allowances of $309 in 2018 and $297 in 2017) | 7,432 | 8,928 |
| Short-term financing receivables (net of allowances of $244 in 2018 and $261 in 2017) (Note F) | 22,388 | 21,721 |
| Other accounts receivable (net of allowances of $38 in 2018 and $36 in 2017) | 743 | 981 |
| Inventories (Note E) | 1,682 | 1,583 |
| Deferred costs (Note O) | 2,300 | 1,820 [1] |
| Prepaid expenses and other current assets | 2,378 | 1,860 |
| Total current assets | 49,146 | 49,735 |
| Property, plant and equipment (Note G) | 32,460 | 32,331 |
| Less: Accumulated depreciation (Note G) | 21,668 | 21,215 |
| Property, plant and equipment - net (Note G) | 10,792 | 11,116 |
| Long-term financing receivables (net of allowances of $48 in 2018 and $74 in 2017) (Note F) | 9,148 | 9,550 |
| Prepaid pension assets (Note T) | 4,666 | 4,643 |
| Deferred costs (Note O) | 2,676 | 2,136 |
| Deferred taxes (Note N) | 5,216 | 4,862 |
| Goodwill (Note I) | 36,265 | 36,788 |
| Intangible assets - net (Note I) | 3,087 | 3,742 |
| Investments and sundry assets (Note H) | 2,386 | 2,783 |
| Total assets | 123,382 | 125,356 |
| Liabilities and equity | ||
| Current liabilities | ||
| Taxes (Note N) | 3,046 | 4,219 |
| Short-term debt (Notes D&J) | 10,207 | 6,987 |
| Accounts payable | 6,558 | 6,451 |
| Compensation and benefits | 3,310 | 3,644 |
| Deferred income | 11,165 | 11,552 |
| Other accrued expenses and liabilities | 3,941 | 4,510 |
| Total current liabilities | 38,227 | 37,363 |
| Long-term debt (Notes D&J) | 35,605 | 39,837 |
| Retirement and nonpension postretirement benefit obligations (Note T) | 17,002 | 16,720 |
| Deferred income | 3,445 | 3,746 |
| Other liabilities (Note K) | 12,174 | 9,965 |
| Total liabilities | 106,452 | 107,631 |
| 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 (2018 - 2,233,427,058; 2017 - 2,229,428,813) | 55,151 | 54,566 |
| Retained earnings | 159,206 | 153,126 |
| Treasury stock, at cost (Shares: 2018 - 1,340,947,648; 2017 - 1,307,249,588) | (168,071) | (163,507) |
| Accumulated other comprehensive income/(loss) | (29,490) | (26,592) |
| Total IBM stockholders' equity | 16,796 | 17,594 |
| Noncontrolling interests (Note A) | 134 | 131 |
| Total equity | 16,929 | 17,725 |
| Total liabilities and equity | 123,382 | 125,356 |
| [1] ** Recast to conform to current period presentation. | ||
| External Links | |
| INTERNATIONAL BUSINESS MACHINES CORP (IBM) Fiscal Year 2018 | |
| 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 |