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: 2020 | |||
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 23, 2021) | |||
(In Millions, except shares in actual) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
Net income | $ 5,590 | 9,431 | 8,728 |
Other comprehensive income/(loss), before tax | |||
Foreign currency translation adjustments (Note S) | (1,500) | (39) | (730) |
Net changes related to available-for-sale securities (Note S) | |||
Unrealized gains/(losses) arising during the period | (1) | 1 | (2) |
Total net changes related to available-for-sale securities | (1) | 1 | (2) |
Unrealized gains/(losses) on cash flow hedges (Note S) | |||
Unrealized gains/(losses) arising during the period | (349) | (689) | (136) |
Reclassification of (gains)/losses to net income | (21) | 75 | 449 |
Total unrealized gains/(losses) on cash flow hedges | (370) | (614) | 313 |
Retirement-related benefit plans (Note S) | |||
Prior service costs/(credits) | (37) | (73) | (182) |
Net (losses)/gains arising during the period | (1,678) | (120) | (2,517) |
Curtailments and settlements | 52 | 41 | 11 |
Amortization of prior service (credits)/costs | 13 | (9) | (73) |
Amortization of net (gains)/losses | 2,314 | 1,843 | 2,966 |
Total retirement-related benefit plans | 664 | 1,681 | 204 |
Other comprehensive income/(loss), before tax (Note S) | (1,206) | 1,029 | (215) |
Income tax (expense)/benefit related to items of other comprehensive income (Note S) | 466 | (136) | (262) |
Other comprehensive income/(loss) (Note S) | (740) | 893 | (476) |
Total comprehensive income | 4,850 | 10,324 | 8,252 |
External Links | |
INTERNATIONAL BUSINESS MACHINES CORP (IBM) Fiscal Year 2020 | |
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 |