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: 2012 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 26, 2013) | |||
| (In Dollars) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Cash flows from operating activities | |||
| Net income | $ 16,604,000,000 | 15,855,000,000 | 14,833,000,000 |
| Adjustments to reconcile net income to cash provided by operating activities | |||
| Depreciation | 3,392,000,000 | 3,589,000,000 | 3,657,000,000 |
| Amortization of intangibles | 1,284,000,000 | 1,226,000,000 | 1,174,000,000 |
| Stock-based compensation | 688,000,000 | 697,000,000 | 629,000,000 |
| Deferred taxes | 797,000,000 | 1,212,000,000 | 1,294,000,000 |
| Net (gain)/loss on asset sales and other | (729,000,000) | (342,000,000) | (801,000,000) |
| Change in operating assets and liabilities, net of acquisitions/divestitures | |||
| Receivables (including financing receivables) | (2,230,000,000) | (1,279,000,000) | (489,000,000) |
| Retirement related | (1,008,000,000) | (1,371,000,000) | (1,963,000,000) |
| Inventories | 280,000,000 | (163,000,000) | 92,000,000 |
| Other assets/other liabilities | 733,000,000 | (28,000,000) | 949,000,000 |
| Accounts payable | (224,000,000) | 451,000,000 | 174,000,000 |
| Net cash provided by operating activities | 19,586,000,000 | 19,846,000,000 | 19,549,000,000 |
| Cash flows from investing activities | |||
| Payments for property, plant and equipment | (4,082,000,000) | (4,108,000,000) | (4,185,000,000) |
| Proceeds from disposition of property, plant and equipment | 410,000,000 | 608,000,000 | 770,000,000 |
| Investment in software | (635,000,000) | (559,000,000) | (569,000,000) |
| Purchases of marketable securities and other investments | (4,109,000,000) | (1,594,000,000) | (6,129,000,000) |
| Proceeds from disposition of marketable securities and other investments | 3,142,000,000 | 3,345,000,000 | 7,877,000,000 |
| Non-operating finance receivables-net | (608,000,000) | (291,000,000) | (405,000,000) |
| Acquisition of businesses, net of cash acquired | (3,722,000,000) | (1,811,000,000) | (5,922,000,000) |
| Divestiture of businesses, net of cash transferred | 599,000,000 | 14,000,000 | 55,000,000 |
| Net cash used in investing activities | (9,004,000,000) | (4,396,000,000) | (8,507,000,000) |
| Cash flows from financing activities | |||
| Proceeds from new debt | 12,242,000,000 | 9,996,000,000 | 8,055,000,000 |
| Payments to settle debt | (9,549,000,000) | (8,947,000,000) | (6,522,000,000) |
| Short-term borrowings/(repayments) less than 90 days-net | (441,000,000) | 1,321,000,000 | 817,000,000 |
| Common stock repurchases | (11,995,000,000) | (15,046,000,000) | (15,375,000,000) |
| Common stock transactions-other | 1,540,000,000 | 2,453,000,000 | 3,774,000,000 |
| Cash dividends paid | (3,773,000,000) | (3,473,000,000) | (3,177,000,000) |
| Net cash used in financing activities | (11,976,000,000) | (13,696,000,000) | (12,429,000,000) |
| Effect of exchange rate changes on cash and cash equivalents | (116,000,000) | (493,000,000) | (135,000,000) |
| Net change in cash and cash equivalents | (1,511,000,000) | 1,262,000,000 | (1,522,000,000) |
| Cash and cash equivalents at January 1 | 11,922,000,000 | 10,661,000,000 | |
| Cash and cash equivalents at December 31 | 10,412,000,000 | 11,922,000,000 | 10,661,000,000 |
| Supplemental data | |||
| Income taxes paid-net of refunds received | 3,169,000,000 | 4,168,000,000 | 3,238,000,000 |
| Interest paid on debt | 1,009,000,000 | 956,000,000 | 951,000,000 |
| Capital lease obligations | 10,000,000 | 39,000,000 | 30,000,000 |
| External Links | |
| INTERNATIONAL BUSINESS MACHINES CORP (IBM) Fiscal Year 2012 | |
| 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 |