10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
INTERNATIONAL BUSINESS MACHINES CORP | ||
Ticker: IBM Fiscal Year: 2022 | ||
CONSOLIDATED BALANCE SHEET | ||
Period Ending Dec 31, 2022 10-K (Filed: Feb 28, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2022 | Dec 31, 2021 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $ 7,886 | 6,650 |
| Restricted cash | 103 | 307 |
| Marketable securities (Note J) | 852 | 600 |
| Notes and accounts receivable-trade (net of allowances of $233 in 2022 and $218 in 2021) | 6,541 | 6,754 |
| Short-term financing receivables, held for investment (net of allowances of $145 in 2022 and $176 in 2021) (Note L) | 6,851 | 7,221 |
| Short-term financing receivables, held for sale (Note L) | 939 | 793 |
| Other accounts receivable (net of allowances of $89 in 2022 and $24 in 2021) | 817 | 1,002 |
| Inventory (Note K) | 1,552 | 1,649 |
| Deferred costs (Note D) | 967 | 1,097 |
| Prepaid expenses and other current assets | 2,611 | 3,466 |
| Total current assets | 29,118 | 29,539 |
| Property, plant and equipment (Note M) | 18,695 | 20,085 |
| Less: Accumulated depreciation (Note M) | 13,361 | 14,390 |
| Property, plant and equipment - net (Note M) | 5,334 | 5,694 |
| Operating right-of-use assets-net (Note N) | 2,878 | 3,222 |
| Long-term financing receivables (net of allowances of $28 in 2022 and $25 in 2021) | 5,806 | 5,425 |
| Prepaid pension assets (Note V) | 8,236 | 9,850 |
| Deferred costs (Note D) | 866 | 924 |
| Deferred taxes (Note H) | 6,256 | 7,370 |
| Goodwill (Note O) | 55,949 | 55,643 |
| Intangible assets-net (Note O) | 11,184 | 12,511 |
| Investments and sundry assets | 1,617 | 1,823 |
| Total assets | 127,243 | 132,001 |
| Liabilities and equity | ||
| Liabilities: | ||
| Current liabilities | ||
| Taxes (Note H) | 2,196 | 2,289 |
| Short-term debt (Note J&P) | 4,760 | 6,787 |
| Accounts payable | 4,051 | 3,955 |
| Compensation and benefits | 3,481 | 3,204 |
| Deferred income | 12,032 | 12,518 |
| Operating lease liabilities (Note N) | 874 | 974 |
| Other accrued expenses and liabilities | 4,111 | 3,892 |
| Total current liabilities | 31,505 | 33,619 |
| Long-term debt (Note J&P) | 46,189 | 44,917 |
| Retirement and nonpension postretirement benefit obligations (Note V) | 9,596 | 14,435 |
| Deferred income | 3,499 | 3,577 |
| Operating lease liabilities (Note N) | 2,190 | 2,462 |
| Other liabilities (Note Q) | 12,243 | 13,996 |
| Total liabilities | 105,222 | 113,005 |
| 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 (2022-2,257,116,920; 2021-2,248,577,848) | 58,343 | 57,319 |
| Retained earnings | 149,825 | 154,209 |
| Treasury stock, at cost (shares: 2022-1,351,024,943; 2021-1,350,509,249) | (169,484) | (169,392) |
| Accumulated other comprehensive income/(loss) | (16,740) | (23,234) |
| Total IBM stockholders' equity | 21,944 | 18,901 |
| Noncontrolling interests (Note A) | 77 | 95 |
| Total equity | 22,021 | 18,996 |
| Total liabilities and equity | 127,243 | 132,001 |
| External Links | |
| INTERNATIONAL BUSINESS MACHINES CORP (IBM) Fiscal Year 2022 | |
| 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 |