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: 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 Ended12 Months Ended12 Months Ended
 Dec 31, 2020Dec 31, 2019Dec 31, 2018
Net income
$
5,590
9,4318,728
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)75449
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 settlements524111
Amortization of prior service (credits)/costs13(9)(73)
Amortization of net (gains)/losses2,3141,8432,966
Total retirement-related benefit plans6641,681204
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 income4,85010,3248,252
 
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