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: 2021 | |||
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 22, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Net income | $ 5,743 | 5,590 | 9,431 |
| Other comprehensive income/(loss), before tax | |||
| Foreign currency translation adjustments (Note T) | 987 | (1,500) | (39) |
| Net changes related to available-for-sale securities (Note T) | |||
| Unrealized gains/(losses) arising during the period | 0 | (1) | 1 |
| Total net changes related to available-for-sale securities | 0 | (1) | 1 |
| Unrealized gains/(losses) on cash flow hedges (Note T) | |||
| Unrealized gains/(losses) arising during the period | 344 | (349) | (689) |
| Reclassification of (gains)/losses to net income | 243 | (21) | 75 |
| Total unrealized gains/(losses) on cash flow hedges | 587 | (370) | (614) |
| Retirement-related benefit plans (Note T) | |||
| Prior service costs/(credits) | (51) | (37) | (73) |
| Net (losses)/gains arising during the period | 2,433 | (1,678) | (120) |
| Curtailments and settlements | 94 | 52 | 41 |
| Amortization of prior service (credits)/costs | 9 | 13 | (9) |
| Amortization of net (gains)/losses | 2,484 | 2,314 | 1,843 |
| Total retirement-related benefit plans | 4,969 | 664 | 1,681 |
| Other comprehensive income/(loss), before tax (Note T) | 6,542 | (1,206) | 1,029 |
| Income tax (expense)/benefit related to items of other comprehensive income (Note T) | (1,703) | 466 | (136) |
| Other comprehensive income/(loss) (Note T) | (740) | 893 | |
| Other comprehensive income/(loss) (Note T) | 4,839 | ||
| Total comprehensive income | 4,850 | 10,324 | |
| Total comprehensive income | 10,582 | ||
| External Links | |
| INTERNATIONAL BUSINESS MACHINES CORP (IBM) Fiscal Year 2021 | |
| 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 |