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: 2019 | ||
Consolidated Balance Sheet | ||
Period Ending Dec 31, 2019 10-K (Filed: Feb 25, 2020) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2019 | Dec 31, 2018 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $ 8,172 | 11,379 |
| Restricted cash | 141 | 225 |
| Marketable securities (Note I) | 696 | 618 |
| Notes and accounts receivable-trade (net of allowances of $299 in 2019 and $309 in 2018) | 7,870 | 7,432 |
| Short-term financing receivables (net of allowances of $188 in 2019 and $244 in 2018) (Note K) | 14,192 | 22,388 |
| Other accounts receivable (net of allowances of $33 in 2019 and $38 in 2018) | 1,733 | 743 |
| Inventory (Note J) | 1,619 | 1,682 |
| Deferred costs (Note C) | 1,896 | 2,300 |
| Prepaid expenses and other current assets | 2,101 | 2,378 |
| Total current assets | 38,420 | 49,146 |
| Property, plant and equipment (Note L) | 32,028 | 32,460 |
| Less: Accumulated depreciation (Note L) | 22,018 | 21,668 |
| Property, plant and equipment - net (Note L) | 10,010 | 10,792 |
| Operating right-of-use assets - net (Note M) | 4,996 | 4,800 |
| Long-term financing receivables (net of allowances of $33 in 2019 and $48 in 2018) (Note K) | 8,712 | 9,148 |
| Prepaid pension assets (Note V) | 6,865 | 4,666 |
| Deferred costs (Note C) | 2,472 | 2,676 |
| Deferred taxes (Note G) | 5,182 | 5,216 |
| Goodwill (Note N) | 58,222 | 36,265 |
| Intangible assets - net (Note N) | 15,235 | 3,087 |
| Investments and sundry assets (Note O) | 2,074 | 2,386 |
| Total assets | 152,186 | 123,382 |
| Liabilities and equity | ||
| Current liabilities | ||
| Taxes (Note G) | 2,839 | 3,046 |
| Short-term debt (Notes I&P) | 8,797 | 10,207 |
| Accounts payable | 4,896 | 6,558 |
| Compensation and benefits | 3,406 | 3,310 |
| Deferred income | 12,026 | 11,165 |
| Operating lease liabilities (Note M) | 1,380 | |
| Other accrued expenses and liabilities | 4,357 | 3,941 |
| Total current liabilities | 37,701 | 38,227 |
| Long-term debt (Notes I&P) | 54,102 | 35,605 |
| Retirement and nonpension postretirement benefit obligations (Note V) | 17,142 | 17,002 |
| Deferred income | 3,851 | 3,445 |
| Operating lease liabilities (Note M) | 3,879 | |
| Other liabilities (Note Q) | 14,526 | 12,174 |
| Total liabilities | 131,202 | 106,452 |
| Commitments and Contingencies (Note R) | ||
| Equity (Note S) | ||
| IBM stockholders' equity | ||
| Common stock, par value $.20 per share, and additional paid-in capital; Shares authorized: 4,687,500,000; Shares issued (2019-2,237,996,975; 2018-2,233,427,058) | 55,895 | 55,151 |
| Retained earnings | 162,954 | 159,206 |
| Treasury stock, at cost (shares: 2019-1,350,886,521; 2018-1,340,947,648) | (169,413) | (168,071) |
| Accumulated other comprehensive income/(loss) | (28,597) | (29,490) |
| Total IBM stockholders' equity | 20,841 | 16,796 |
| Noncontrolling interests (Note A) | 144 | 134 |
| Total equity | 20,985 | 16,929 |
| Total liabilities and equity | 152,186 | 123,382 |
| External Links | |
| INTERNATIONAL BUSINESS MACHINES CORP (IBM) Fiscal Year 2019 | |
| 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 |