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: 2013 | |||
Consolidated Statement of Earnings | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 25, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Revenue: | |||
| Services | $ 57,655 | 59,453 | 60,721 |
| Sales | 40,049 | 43,014 | 44,063 |
| Financing | 2,047 | 2,040 | 2,132 |
| Total revenue | 99,751 | 104,507 | 106,916 |
| Cost: | |||
| Services | 37,564 | 39,166 | 40,740 |
| Sales | 12,572 | 13,956 | 14,973 |
| Financing | 1,110 | 1,087 | 1,065 |
| Total cost | 51,246 | 54,209 | 56,778 |
| Gross profit | 48,505 | 50,298 | 50,138 |
| Expense and other income: | |||
| Selling, general and administrative | 23,502 | 23,553 | 23,594 |
| Research, development and engineering (Note O) | 6,226 | 6,302 | 6,258 |
| Intellectual property and custom development income | (822) | (1,074) | (1,108) |
| Other (income) and expense | (327) | (843) | (20) |
| Interest expense (Note D&J) | 402 | 459 | 411 |
| Total expense and other (income) | 28,981 | 28,396 | 29,135 |
| Income before income taxes | 19,524 | 21,902 | 21,003 |
| Provision for income taxes (Note N) | 3,041 | 5,298 | 5,148 |
| Net income | 16,483 | 16,604 | 15,855 |
| Earnings per share of common stock: | |||
| Assuming dilution (in dollars per share) (Note P) | 14.94 | 14.37 | 13.06 |
| Basic (in dollars per share) (Note P) | 15.06 | 14.53 | 13.25 |
| Weighted-average number of common shares outstanding: | |||
| Assuming dilution (in shares) | 1,103,042,156 | 1,155,449,317 | 1,213,767,985 |
| Basic (in shares) | 1,094,486,604 | 1,142,508,521 | 1,196,951,006 |
| External Links | |
| INTERNATIONAL BUSINESS MACHINES CORP (IBM) Fiscal Year 2013 | |
| 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 |