IBM Balance Sheet (2009-2025) | IBM

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Balance Sheet	Mar2009	Jun2009	Sep2009	Dec2009	Mar2010	Jun2010	Sep2010	Dec2010	Mar2011	Jun2011	Sep2011	Dec2011	Mar2012	Jun2012	Sep2012	Dec2012	Mar2013	Jun2013	Sep2013	Dec2013	Mar2014	Jun2014	Sep2014	Dec2014	Mar2015	Jun2015	Sep2015	Dec2015	Mar2016	Jun2016	Sep2016	Dec2016	Mar2017	Jun2017	Sep2017	Dec2017	Mar2018	Jun2018	Sep2018	Dec2018	Mar2019	Jun2019	Sep2019	Dec2019	Mar2020	Jun2020	Sep2020	Dec2020	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025
Assets
Current Assets
Cash & Equivalents (Quarter)	12.29B	11.68B	9.53B	12.18B	12.47B	10.32B	9.86B	10.66B	12.76B	11.71B	11.30B	11.92B	11.84B	10.86B	11.91B	10.41B	10.59B	9.56B	10.07B	10.72B	9.41B	9.56B	9.56B	8.48B	8.80B	8.39B	9.48B	7.88B	14.35B	10.02B	9.04B	8.07B	10.30B	11.93B	11.17B	12.23B	12.26B	10.96B	11.56B	11.60B	17.27B	45.53B	10.22B	8.31B	11.37B	12.19B	14.55B	13.68B	10.67B	7.57B	7.81B	6.96B	10.22B	7.03B	7.97B	7.89B	9.54B	9.39B	7.26B	13.07B	14.60B	12.21B	13.20B	13.95B	11.04B	11.94B	11.57B	13.59B
Short-term Investments (Quarter)		0.85B	1.98B	1.79B	1.50B	1.92B	1.23B	0.99B	0.48B	0.05B			0.50B	0.32B	0.34B	0.72B	1.41B	0.80B	0.16B	0.35B	0.29B	0.01B	0.00B	0.82B	0.01B	0.82B	0.86B	0.51B	0.52B	0.60B	0.93B	0.70B	0.60B	0.60B	0.60B	0.61B	0.89B	0.97B	2.93B	0.62B	0.87B	0.87B		0.70B	0.65B	2.06B	1.20B	0.60B	0.60B	0.60B	0.60B	0.60B	0.55B	0.52B	1.75B	4.09B	8.06B	3.88B	3.72B	0.37B	3.97B	1.48B	3.84B	0.64B	3.36B	3.94B	3.78B	0.83B
Cash & Current Investments (Quarter)	12.29B	12.53B	11.51B	13.97B	13.98B	12.24B	11.09B	11.65B	13.24B	11.76B	11.30B	11.92B	12.34B	11.19B	12.25B	11.13B	11.99B	10.36B	10.23B	11.07B	9.70B	9.57B	9.56B	9.29B	8.80B	9.21B	10.34B	8.39B	14.87B	10.62B	9.97B	8.77B	10.89B	12.53B	11.77B	12.84B	13.15B	11.93B	14.49B	12.22B	18.14B	46.41B	10.22B	9.01B	12.02B	14.25B	15.75B	14.28B	11.27B	8.16B	8.41B	7.56B	10.77B	7.56B	9.73B	11.98B	17.59B	13.27B	10.98B	13.44B	18.57B	13.69B	17.03B	14.59B	14.40B	15.88B	15.35B	14.42B
Receivables - Net (Quarter)		9.56B	9.43B	3.93B	9.32B	9.05B	9.72B	3.76B	10.15B	10.54B	9.72B	3.53B	10.01B	10.17B	9.77B	3.99B	10.08B	10.28B	9.87B	2.91B	9.68B	9.90B	9.12B	4.25B	8.81B	8.63B	7.99B	2.33B	8.53B	8.78B	8.29B	2.66B	8.38B	8.40B	8.15B	2.55B	7.78B	7.45B	7.07B	1.60B	6.99B	7.41B		1.60B	6.93B	6.54B	6.10B	1.66B	6.46B	6.83B	6.61B	1.62B	5.96B	5.87B	5.53B	6.54B	5.76B	5.67B	5.33B	7.21B	6.04B	5.77B	5.39B	6.80B	5.86B	5.97B	5.53B	8.11B
Receivables - Other (Quarter)		1.18B	1.25B	0.04B	1.10B	1.14B	1.19B	2.24B	1.15B	1.13B	1.12B	1.48B	1.67B	1.70B	2.07B	2.00B	1.97B	1.90B	1.68B	1.58B	1.65B	1.55B	1.47B	1.83B	2.74B	2.39B	0.93B	1.63B	1.56B	1.13B	0.87B	1.61B	1.13B	0.99B	0.93B	0.56B	1.21B	0.52B	0.51B	1.07B	0.53B	1.78B		0.49B	0.49B	0.51B	0.92B	0.69B	0.52B	0.55B	0.57B	1.00B	1.00B	0.91B	0.52B	0.82B	0.46B	0.84B	0.45B	0.64B	0.53B	0.76B	0.57B	0.43B	0.90B	1.19B	0.53B	1.05B
Receivables (Quarter)		10.74B	10.68B	3.96B	10.43B	10.19B	10.90B	6.01B	11.29B	11.67B	10.84B	5.01B	11.68B	11.88B	11.84B	5.99B	12.05B	12.18B	11.55B	4.49B	11.33B	11.46B	10.59B	6.09B	11.55B	11.02B	8.92B	3.96B	10.08B	9.91B	9.16B	4.27B	9.51B	9.39B	9.08B	3.11B	8.98B	7.96B	7.58B	2.67B	7.51B	9.20B		2.09B	7.42B	7.05B	7.02B	2.35B	6.98B	7.37B	7.17B	2.62B	6.97B	6.78B	6.05B	7.36B	6.22B	6.51B	5.78B	7.85B	6.57B	6.53B	5.96B	7.24B	6.75B	7.16B	6.07B	9.16B
Raw Materials (Quarter)		2.13B	1.99B	1.96B	1.97B	2.10B	2.11B	2.02B	2.00B	2.01B	2.04B	2.01B	2.06B	2.01B	1.94B	1.81B	1.90B	1.91B	1.96B	1.87B	1.98B	1.89B	1.85B	1.67B	1.60B	1.55B	1.22B	1.20B	1.30B	1.27B	1.30B	1.20B	1.19B	1.18B	1.28B	1.25B	1.21B	1.25B	1.45B	1.42B	1.40B	1.42B		1.40B	1.49B	1.58B	1.66B	1.65B	1.59B	1.59B	1.60B	1.44B	1.51B	1.50B	1.58B	1.39B	1.40B	1.33B	1.24B	1.08B	1.08B	1.09B	1.20B	1.16B	1.23B	1.06B	1.08B
Finished Goods (Quarter)		0.56B	0.55B	0.53B	0.56B	0.49B	0.52B	0.43B	0.55B	0.56B	0.62B	0.59B	0.70B	0.75B	0.65B	0.47B	0.52B	0.48B	0.53B	0.44B	0.47B	0.45B	0.51B	0.43B	0.37B	0.36B	0.39B	0.35B	0.39B	0.41B	0.43B	0.36B	0.42B	0.42B	0.43B	0.33B	0.54B	0.49B	0.45B	0.27B	0.37B	0.32B		0.22B	0.30B	0.29B	0.29B	0.16B	0.23B	0.21B	0.29B	0.21B	0.27B	0.18B	0.21B	0.16B	0.20B	0.17B	0.16B	0.08B	0.13B	0.14B	0.17B	0.13B	0.20B	0.19B	0.31B
Inventory (Quarter)		2.69B	2.55B	2.49B	2.52B	2.60B	2.63B	2.45B	2.55B	2.57B	2.66B	2.60B	2.75B	2.76B	2.59B	2.29B	2.42B	2.39B	2.49B	2.31B	2.46B	2.34B	2.36B	2.10B	1.97B	1.91B	1.61B	1.55B	1.69B	1.69B	1.73B	1.55B	1.61B	1.60B	1.71B	1.58B	1.75B	1.74B	1.89B	1.68B	1.77B	1.75B		1.62B	1.79B	1.87B	1.95B	1.81B	1.83B	1.81B	1.89B	1.65B	1.78B	1.68B	1.79B	1.55B	1.60B	1.50B	1.40B	1.16B	1.21B	1.23B	1.37B	1.29B	1.43B	1.25B	1.40B	1.22B
Current Deferred Tax Assets (Quarter)		1.65B	1.83B	1.73B	1.56B	1.44B	1.60B	1.56B	1.70B	1.56B	1.25B	1.60B	1.62B	1.48B	1.52B	1.42B	1.59B	1.58B	1.75B	1.65B	1.71B	1.78B	2.22B	-2.00B	1.80B	2.13B	1.66B
Prepaid Assets (Quarter)		3.71B	3.93B	3.95B	4.12B	5.12B	4.66B	4.23B	4.38B	4.66B	5.17B	5.25B	5.30B	5.11B	5.02B	4.02B	4.75B	4.75B	4.72B	4.49B	4.43B	4.26B	5.02B	0.52B	5.89B	4.47B	4.16B	4.21B	4.33B	4.68B	4.54B	4.56B	4.71B	4.16B	4.39B	1.86B	2.57B	2.44B	2.39B	2.38B	2.48B	2.41B		2.10B	2.51B	2.26B	2.19B	2.09B	2.65B	2.77B	2.95B	3.47B	3.55B	3.41B	3.45B	2.61B	2.50B	2.73B	2.58B	2.64B	2.80B	2.78B	2.41B	2.52B	2.77B	2.80B	2.74B	2.53B
Current Assets (Quarter)		44.44B	43.45B	48.94B	45.70B	44.90B	44.47B	48.12B	47.52B	46.94B	45.37B	50.93B	48.85B	47.39B	48.14B	49.43B	48.95B	47.91B	47.53B	51.35B	47.96B	48.18B	47.16B	47.38B	46.32B	45.19B	42.11B	42.50B	47.62B	43.52B	41.43B	43.89B	42.89B	45.01B	44.74B	49.73B	49.12B	46.80B	48.26B	49.15B	52.70B	77.52B		38.42B	38.93B	39.95B	39.84B	39.16B	34.04B	30.77B	29.97B	29.54B	31.33B	27.90B	29.00B	29.12B	35.98B	34.46B	27.70B	32.91B	36.66B	33.30B	30.54B	34.48B	35.34B	34.25B	32.74B	36.94B
Non-Current Assets
Property, Plant & Equipment (Net) (Quarter)		13.95B	14.19B	2.97B	13.84B	13.53B	14.01B	3.07B	14.21B	14.24B	13.89B	6.27B	13.95B	13.87B	14.03B	4.90B	13.60B	13.36B	13.88B	6.26B	13.68B	13.75B	11.07B	4.39B	10.51B	10.70B	10.66B	4.64B	10.91B	11.09B	11.10B	4.70B	10.87B	10.90B	11.06B	2.66B	11.28B	11.02B	10.95B	10.36B	10.68B	10.20B		5.79B	9.63B	9.71B	9.96B	6.21B	9.45B	9.42B	9.14B	5.69B	5.56B	5.28B	5.15B	5.33B	5.34B	5.44B	5.37B	5.50B	5.59B	5.60B	5.61B	5.73B	5.74B	5.94B	5.85B	5.90B
Long-Term Investments (Quarter)				0.12B				0.12B				0.75B				0.12B				0.40B				0.68B				0.39B		5.26B	5.08B	4.58B	4.55B	4.76B	4.81B	0.09B	2.94B	2.52B	2.27B	0.35B	2.40B	2.23B		2.07B	1.91B	1.92B	1.94B	0.05B	2.12B	2.01B	2.00B	1.82B	1.77B	1.69B	1.61B	1.62B	1.61B	1.58B	1.58B	1.63B	1.68B	1.84B	2.01B	1.79B	1.86B	1.89B	1.80B	2.11B
Goodwill (Quarter)		18.74B	19.27B	20.19B	20.89B	20.54B	22.70B	25.14B	25.41B	25.61B	24.91B	26.21B	27.47B	27.73B	28.27B	29.25B	29.02B	28.85B	30.88B	31.18B	31.21B	31.57B	31.05B	30.56B	29.87B	30.54B	30.27B	32.02B	34.32B	36.42B	36.40B	36.20B	36.31B	36.52B	36.78B	36.79B	36.73B	36.48B	36.53B	36.27B	36.28B	35.28B		52.47B	57.52B	57.83B	58.35B	53.77B	59.98B	61.65B	61.38B	55.64B	56.11B	55.04B	54.22B	55.95B	56.19B	56.38B	59.60B	60.18B	59.53B	59.42B	61.09B	60.71B	66.06B	67.51B	67.40B	67.72B
Intangibles (Quarter)		2.58B	2.44B	2.51B	2.62B	4.49B	3.05B	3.49B	3.32B	3.21B	3.03B	5.64B	6.02B	3.66B	6.26B	6.68B	6.51B	3.42B	7.14B	3.87B	6.93B	3.58B	6.97B	3.10B	2.99B	2.94B	2.77B	6.54B	4.37B	5.15B	4.88B	4.69B	8.31B	4.18B	3.98B	7.26B	7.15B	7.20B	3.13B	3.09B	2.96B	6.08B		15.23B	19.18B	14.27B	13.96B	13.74B	18.95B	19.42B	13.03B	12.51B	12.31B	11.57B	17.36B	11.18B	16.88B	10.50B	11.28B	11.04B	10.75B	10.25B	11.09B	10.66B	12.39B	12.25B	11.73B	11.39B
Goodwill & Intangibles (Quarter)		21.32B	21.71B	22.70B	23.51B	25.04B	25.75B	28.62B	28.73B	28.81B	27.95B	31.86B	33.49B	31.39B	34.53B	35.93B	35.54B	32.26B	38.02B	35.05B	38.14B	35.15B	38.01B	33.66B	32.86B	33.47B	33.05B	38.56B	38.70B	41.57B	41.28B	40.89B	44.62B	40.70B	40.76B	44.05B	43.88B	43.68B	39.66B	39.35B	39.24B	41.36B		67.71B	76.70B	72.10B	72.32B	67.50B	78.94B	81.07B	74.40B	68.15B	68.42B	66.61B	71.58B	67.13B	73.07B	66.88B	70.87B	71.21B	70.28B	69.67B	72.18B	71.37B	78.46B	79.76B	79.12B	79.11B
Long-Term Deferred Tax (Quarter)		6.76B	6.34B	4.20B	3.54B	3.12B	2.95B	3.22B	3.08B	2.88B	2.57B	3.50B	3.10B	2.79B	2.56B	3.97B	4.23B	4.15B	3.68B	3.05B	3.03B	2.83B	2.70B	6.46B	4.37B	4.21B	3.69B	4.69B	4.81B	4.39B	4.29B	5.08B	6.46B	6.81B	7.29B	-0.18B	5.11B	4.69B	4.44B	0.06B	5.28B	5.27B		4.92B	8.78B	8.69B	8.85B	8.18B	8.95B	8.95B	8.97B	7.37B	7.57B	7.07B	6.87B	6.26B	6.42B	6.34B	6.17B	6.66B	6.46B	6.38B	6.94B	6.98B	7.59B	8.47B	8.51B	8.61B
Other Non-Current Assets (Quarter)		4.81B	5.05B	4.67B	5.79B	6.04B	6.17B	5.18B	5.38B	5.33B	5.42B	5.56B	4.82B	4.73B	5.01B	5.18B	5.01B	4.72B	4.72B	4.87B	5.03B	5.37B	5.13B	6.30B	5.47B	5.38B	5.59B	1.73B	5.22B			3.03B		4.01B	4.52B	4.64B	2.59B	2.61B	5.66B	4.67B	4.97B	2.66B		15.64B	2.46B	2.44B	0.16B	7.56B	7.80B	8.05B	2.25B	0.92B	0.92B	0.22B	0.16B	8.24B	8.49B	0.90B	0.82B	7.51B	0.81B	0.82B	0.02B	0.79B	0.13B	7.98B	0.77B	0.82B
Non-Current Assets (Quarter)		59.22B	60.23B	60.09B	59.51B	58.52B	62.70B	65.34B	65.44B	66.54B	64.78B	65.50B	66.50B	66.44B	67.64B	69.78B	68.31B	67.24B	70.31B	74.29B	74.69B	76.13B	71.75B	69.89B	65.72B	67.54B	66.54B	67.99B	71.23B	74.53B	74.17B	73.58B	74.61B	75.48B	76.89B	75.62B	76.16B	74.83B	73.73B	74.24B	78.22B	77.14B		113.77B	114.47B	114.25B	114.28B	116.81B	114.59B	116.04B	114.25B	-17.77B	101.94B	99.61B	96.85B	-14.86B	97.66B	97.75B	101.62B	102.33B	100.51B	100.55B	103.80B	102.69B	110.33B	114.33B	113.57B	114.94B
Assets (Quarter)		103.66B	103.67B	109.02B	105.21B	103.42B	107.17B	113.45B	112.96B	113.47B	110.16B	116.43B	115.35B	113.83B	115.78B	119.21B	117.26B	115.15B	117.84B	125.64B	122.65B	124.31B	118.91B	117.27B	112.04B	112.73B	108.65B	110.50B	118.86B	118.06B	115.61B	117.47B	117.50B	120.50B	121.64B	125.36B	125.28B	121.62B	121.99B	123.38B	130.93B	154.65B		152.19B	153.40B	154.20B	154.13B	155.97B	148.63B	146.81B	144.21B	11.77B	133.28B	127.50B	125.85B	14.26B	133.64B	132.21B	129.32B	135.24B	137.17B	133.85B	134.34B	137.18B	145.67B	148.59B	146.31B	151.88B
Liabilities
Current Liabilities
Accounts Payables (Quarter)		5.87B	6.14B	7.44B	6.34B	7.23B	7.08B	7.80B	6.75B	7.11B	7.09B	8.52B	7.42B	7.48B	7.08B	7.95B	7.20B	6.82B	6.26B	7.46B	6.87B	6.27B	5.86B	6.86B	6.31B	5.94B	5.17B	6.03B	5.30B	5.48B	5.27B	6.21B	5.32B	5.13B	5.44B	6.45B	5.74B	5.52B	5.38B	6.56B	5.71B	4.72B		4.90B	4.17B	4.72B	3.98B	4.03B	4.14B	4.21B	4.25B	3.96B	3.45B	3.71B	3.81B	4.05B	3.73B	3.73B	3.34B	4.13B	3.59B	3.63B	3.27B	4.03B	3.58B	3.97B	3.87B	4.76B
Notes Payables (Quarter)																1.79B				0.55B		0.44B	6.47B	0.48B	0.46B	0.70B	1.60B	0.60B	0.30B	0.30B	0.36B	0.38B	0.28B	0.23B	0.41B	0.28B	2.00B	0.20B	3.99B	0.16B	2.99B	0.19B		0.97B	11.64B	9.29B	0.03B	7.12B	0.04B	6.44B	7.58B	0.02B	7.69B	5.98B	0.20B	4.76B	4.89B	6.79B	6.41B	6.43B	5.47B	3.60B	3.60B	5.09B	6.91B	8.95B	7.94B	6.42B
Payables (Quarter)		5.87B	6.14B	7.44B	6.34B	7.23B	7.08B	7.80B	6.75B	7.11B	7.09B	8.52B	7.42B	7.48B	7.08B	9.74B	7.20B	6.82B	6.26B	8.01B	6.87B	6.71B	12.33B	7.34B	6.77B	6.65B	6.77B	6.63B	5.60B	5.79B	5.63B	6.58B	5.61B	5.35B	5.85B	6.73B	7.73B	5.72B	9.37B	6.72B	8.70B	4.92B		5.87B	15.81B	14.01B	4.01B	11.15B	4.18B	10.66B	11.82B	3.98B	11.14B	9.69B	4.00B	8.81B	8.62B	10.52B	9.76B	10.56B	9.06B	7.23B	6.87B	9.12B	10.50B	12.92B	11.81B	11.18B
Accumulated Expenses (Quarter)		3.90B	4.31B	4.50B	3.70B	4.02B	4.65B	5.03B	4.45B	4.71B	4.83B	5.10B	4.37B	4.66B	4.73B	4.75B	3.96B	4.22B	4.21B	3.89B	3.66B	4.04B	3.96B	-0.02B	3.33B	3.99B	3.79B	3.56B	3.44B	3.95B	5.35B	4.71B	4.52B	4.59B	4.35B	4.51B	4.75B	3.69B	3.70B	3.94B	3.95B	4.46B		3.41B	3.03B	4.51B	4.73B	5.63B	3.26B	3.85B	3.78B	3.89B	3.70B	3.68B	3.70B	3.48B	3.87B	3.65B	3.26B	3.50B	3.19B	3.19B	3.47B	3.71B	3.65B	3.35B	3.48B	4.12B
Other Accumulated Expenses (Quarter)		5.56B	5.70B	5.22B	5.29B	4.54B	4.75B	5.16B	5.34B	5.14B	4.43B	4.54B	4.68B	4.60B	4.97B	0.02B	4.58B	5.21B	4.64B	4.75B	5.29B	4.74B	5.79B	5.99B	5.76B	5.30B	3.90B	0.09B	5.80B			0.09B				0.95B				0.04B				0.04B				0.25B				0.07B				0.09B
Short term Debt (Quarter)		8.50B	4.88B	4.17B	5.01B	5.63B	5.56B	6.78B	8.51B	7.86B	6.07B	8.46B	6.29B	7.67B	9.33B	5.59B	8.72B	7.83B	7.70B	6.86B	9.31B	12.46B	12.88B	5.73B	4.53B	5.33B	7.54B	6.46B	5.30B	4.89B	6.92B	7.51B	8.05B	8.06B	4.30B	6.99B	5.98B	7.65B	6.77B	7.05B	10.25B	14.59B		7.52B	8.19B	9.29B	10.29B	6.99B	5.16B	6.44B	7.58B	6.79B	7.69B	5.75B	5.94B	4.76B	4.88B	6.79B	6.41B	6.43B	5.47B	3.60B	3.60B	5.09B	6.91B	8.95B	7.94B	6.42B
Current Leases (Quarter)																																									1.31B	1.32B		1.38B	1.33B	1.34B	1.34B	1.03B	1.34B	1.33B	1.28B	0.97B	0.95B	0.88B	0.84B	0.87B	0.87B	0.84B	0.81B	0.82B	0.78B	0.76B	0.79B	0.77B	0.80B	0.82B	0.81B	0.80B
Current Taxes (Quarter)		2.26B	2.21B	3.83B	2.77B	2.90B	2.91B	4.22B	2.53B	2.36B	2.36B	3.31B	2.18B	2.18B	2.15B	4.95B	4.68B	4.71B	4.75B	4.63B	2.25B	2.33B	2.48B	5.08B	3.54B	3.64B	2.88B	2.85B	2.20B	2.27B	2.14B	3.23B	2.75B	2.78B	3.04B	4.22B	2.92B	2.78B	2.50B	3.05B	2.48B	2.44B		2.84B	2.35B	2.63B	2.38B	3.20B	2.64B	2.26B	2.16B	2.29B	1.80B	1.74B	1.67B	2.20B	1.65B	1.61B	1.56B	2.27B	1.71B	1.69B	1.58B	2.03B	1.57B	1.68B	1.66B	2.35B
Current Deferred Revenue (Quarter)		0.28B	0.30B	0.67B	0.64B	0.28B	0.30B	0.67B	0.32B	0.31B	0.30B	0.64B	0.29B	0.29B	0.28B	11.95B	0.29B	0.27B	0.28B	0.58B	0.27B	0.27B	0.26B	11.88B	0.24B	0.24B	0.23B	11.02B	0.25B	0.24B	0.29B	11.04B	12.35B	11.54B	0.26B	11.55B	0.26B	0.25B	10.70B	11.16B	0.24B	0.23B	0.23B	12.03B	0.22B	0.22B	0.20B	0.42B	0.20B	0.18B	0.17B	0.35B	0.32B	0.17B	0.14B	0.27B	0.24B	0.22B	0.20B	13.45B	14.05B	13.64B	12.88B	13.91B	15.06B	15.02B	13.88B	16.10B
Curent Deferred Tax Liability (Quarter)																								0.02B
Total Current Liabilities (Quarter)		36.43B	32.96B	36.00B	34.58B	34.99B	35.44B	40.56B	40.39B	39.84B	36.03B	42.12B	38.21B	38.90B	39.50B	43.62B	42.12B	41.04B	39.22B	40.15B	41.06B	42.43B	42.31B	39.58B	35.64B	35.53B	33.73B	34.27B	34.66B	33.59B	34.45B	36.27B	36.48B	35.97B	31.70B	37.36B	35.73B	35.44B	36.82B	38.23B	38.87B	42.35B		37.70B	40.67B	38.44B	37.99B	39.87B	36.54B	36.62B	35.83B	33.62B	34.06B	31.84B	30.47B	31.50B	30.99B	32.51B	30.61B	34.12B	32.40B	29.65B	28.85B	33.14B	35.11B	37.73B	35.14B	38.66B
Non-Current Liabilities
Non-Current Debt (Quarter)		20.87B	20.58B	21.93B	21.30B	21.02B	21.90B	21.85B	21.75B	21.91B	24.09B	22.86B	25.76B	24.77B	24.33B	24.09B	24.67B	26.29B	28.48B	32.86B	34.67B	34.01B	32.82B	34.99B	34.30B	33.34B	32.12B	33.43B	40.25B	39.64B	35.56B	34.66B	34.44B	37.61B	41.33B	39.84B	40.41B	37.85B	35.99B	35.60B	39.73B	58.45B		54.10B	52.69B	55.45B	55.13B	54.22B	51.21B	48.73B	46.93B	44.92B	46.55B	44.33B	44.94B	46.19B	53.83B	50.69B	48.83B	50.12B	54.03B	52.93B	52.98B	49.88B	56.37B	55.22B	55.17B	54.84B
Non-Current Deffered Revenue (Quarter)		0.34B	0.33B	3.56B	0.35B	0.33B	0.33B	3.67B	0.34B	0.34B	0.32B	3.85B	0.32B	0.31B	0.30B	4.49B	0.28B	0.30B	0.28B	4.11B	0.28B	0.29B	0.28B	3.69B	0.26B	0.27B	0.27B	3.77B	0.28B	0.29B	0.24B	3.60B	3.56B	3.62B	0.28B	3.75B	0.29B	0.28B	3.51B	3.44B	0.26B	0.26B	0.23B	3.85B	0.23B	0.23B	0.22B	3.76B	0.18B	0.18B	0.16B	3.58B	0.17B	0.17B	0.14B	3.50B	0.12B	0.10B	0.08B	3.53B	3.49B	3.49B	3.67B	3.62B	3.84B	3.91B	3.86B	4.27B
Pension (Quarter)		18.46B	18.43B	15.95B	15.22B	14.60B	15.14B	15.98B	15.99B	16.01B	15.38B	18.37B	17.58B	16.54B	16.68B	20.42B	19.07B	17.96B	17.99B	16.24B	16.03B	15.98B	15.09B	18.26B	17.21B	17.30B	17.01B	16.50B	16.94B	16.72B	16.69B	17.07B	16.97B	17.32B	17.55B	16.72B	16.75B	15.96B	15.77B	17.00B	16.47B	16.47B		17.14B	16.47B	16.48B	16.73B	17.18B	17.35B	17.27B	16.76B	14.44B	13.94B	13.12B	11.76B	9.60B	9.51B	9.38B	9.09B	10.81B	10.42B	10.20B	10.37B	9.43B	9.54B	9.88B	9.73B	9.02B
Minority Interest (Quarter)		0.09B	0.10B	0.12B	0.12B	0.12B	0.12B	0.13B	0.10B	0.08B	0.09B	0.10B	0.08B	0.09B	0.13B	0.12B	0.12B	0.13B	0.13B	0.14B	0.13B	0.14B	0.14B	0.15B	0.15B	0.15B	0.16B	0.16B	0.15B	0.16B	0.15B	0.15B	0.12B	0.12B	0.13B	0.13B	0.12B	0.13B	0.13B	0.13B	0.13B	0.13B		0.14B	0.13B	0.14B	0.13B	0.13B	0.12B	0.12B	0.13B	0.10B	0.06B	0.07B	0.07B	0.08B	0.07B	0.07B	0.07B	0.08B	0.07B	0.08B	0.08B	0.09B	0.07B	0.08B	0.09B	0.09B
Liabilities from Discontinued Operations (Quarter)																																												0.07B				3.82B
Non-Current Deferred Tax Liability (Quarter)				0.47B				0.38B				0.55B				0.45B				1.74B				0.13B				0.25B				0.42B				0.55B				3.70B				5.23B				4.96B				3.96B				2.29B
Operating Leases (Quarter)																																								5.10B	3.59B	3.95B		3.88B	3.80B	3.68B	3.63B	2.72B	3.38B	3.28B	3.19B	2.46B	2.36B	2.18B	2.10B	2.19B	2.09B	1.99B	2.48B	2.57B	2.58B	2.55B	2.76B	2.65B	2.75B	2.73B	2.65B	2.55B
Other Non-Current Liabilities (Quarter)		9.14B	9.86B	8.82B	8.51B	8.29B	8.84B	0.16B	8.33B	8.85B	8.65B	0.17B	9.11B	9.17B	9.34B	7.61B	7.77B	7.81B	8.06B	0.13B	10.11B	10.22B	0.19B	0.02B	0.04B	0.06B	8.74B	0.36B	0.19B	8.38B	8.14B	2.62B	7.60B	7.44B	7.72B	9.96B	10.25B	10.00B	9.98B	0.80B	12.18B	12.19B		0.09B	15.87B	15.67B	15.48B	5.27B	14.49B	14.74B	15.18B	0.09B	13.84B	13.49B	13.41B	12.24B	12.10B	12.10B	12.08B	11.47B	10.91B	10.93B	11.19B	11.05B	11.11B	11.52B	11.76B	9.81B
Total Non-Current Liabilities (Quarter)		79.04B	75.32B	77.45B	74.55B	73.95B	75.97B	90.12B	81.86B	81.41B	79.13B	96.03B	85.45B	84.10B	84.78B	92.62B	90.27B	89.46B	89.78B	103.17B	95.80B	96.58B	104.32B	105.24B	99.71B	98.83B	86.46B	95.71B	103.59B	93.78B	90.31B	96.46B	91.45B	94.51B	94.16B	97.67B	96.75B	92.97B	92.09B	105.66B	102.14B	124.69B		131.11B	117.40B	117.85B	117.31B	129.97B	112.63B	110.01B	106.68B	112.91B	100.32B	94.54B	92.29B	92.98B	99.86B	97.84B	94.08B	101.15B	102.92B	98.81B	98.62B	98.73B	107.61B	109.48B	106.56B	109.33B
Total Liabilities (Quarter)		88.18B	85.18B	86.27B	83.06B	82.24B	84.81B	90.28B	90.19B	90.26B	87.78B	96.20B	94.56B	93.27B	94.11B	100.23B	98.04B	97.27B	97.84B	103.29B	105.91B	106.80B	104.52B	105.26B	99.75B	98.89B	95.20B	96.07B	103.78B	102.17B	98.45B	99.08B	99.05B	101.95B	101.88B	107.63B	107.00B	102.97B	102.07B	106.45B	114.32B	136.88B	-18.10B	131.20B	133.28B	133.51B	132.79B	135.24B	127.12B	124.75B	121.86B	113.00B	114.16B	108.03B	105.70B	105.22B	111.96B	109.94B	106.17B	112.63B	113.84B	109.75B	109.81B	109.78B	118.71B	121.00B	118.32B	119.14B
Shareholder's Equity
Total Debt (Quarter)		29.37B	25.47B	26.10B	26.32B	26.65B	27.45B	28.62B	30.26B	29.77B	30.16B	31.32B	32.05B	32.44B	33.67B	29.68B	33.40B	34.12B	36.18B	39.72B	43.98B	46.47B	45.70B	40.72B	38.83B	38.67B	39.66B	39.89B	45.56B	44.52B	42.48B	42.17B	42.50B	45.67B	45.63B	46.82B	46.39B	45.50B	42.76B	42.66B	49.98B	73.04B		61.62B	60.88B	64.74B	65.41B	61.20B	56.37B	55.18B	54.50B	51.70B	54.23B	50.08B	50.88B	50.95B	58.71B	57.48B	55.24B	56.55B	59.50B	56.53B	56.58B	54.97B	63.28B	64.16B	63.12B	61.26B
Common Equity (Quarter)		15.47B	18.49B	22.75B	22.15B	21.18B	22.36B	23.17B	22.78B	23.21B	22.38B	20.24B	20.78B	20.56B	21.67B	18.98B	19.21B	17.88B	20.01B	22.93B	16.74B	17.51B	14.39B	12.01B	12.29B	13.84B	13.45B	14.42B	15.07B	15.89B	17.16B	18.39B	18.45B	18.54B	19.76B	17.73B	18.29B	18.65B	19.78B	16.93B	16.61B	17.78B	18.10B	20.98B	20.13B	20.69B	21.33B	20.73B	21.51B	22.07B	22.36B	19.00B	19.11B	19.48B	20.15B	22.02B	21.67B	22.27B	23.16B	22.61B	23.33B	24.10B	24.53B	27.39B	26.95B	27.59B	27.91B	32.65B
Shareholder's Equity (Quarter)		15.47B	18.49B	22.75B	22.15B	21.18B	22.36B	23.17B	22.78B	23.21B	22.38B	20.24B	20.78B	20.56B	21.67B	18.98B	19.21B	17.88B	20.01B	22.93B	16.74B	17.51B	14.39B	12.01B	12.29B	13.84B	13.45B	14.42B	15.07B	15.89B	17.16B	18.39B	18.45B	18.54B	19.76B	17.73B	18.29B	18.65B	19.78B	16.93B	16.61B	17.78B	18.10B	20.98B	20.13B	20.69B	21.33B	20.73B	21.51B	22.07B	22.36B	19.00B	19.11B	19.48B	20.15B	22.02B	21.67B	22.27B	23.16B	22.61B	23.33B	24.10B	24.53B	27.39B	26.95B	27.59B	27.99B	32.74B
Liabilities and Shareholders Equity (Quarter)		103.66B	103.67B	109.02B	105.21B	103.42B	107.17B	113.45B	112.96B	113.47B	110.16B	116.43B	115.35B	113.83B	115.78B	119.21B	117.26B	115.15B	117.84B	125.64B	122.65B	124.31B	118.91B	117.27B	112.04B	112.73B	108.65B	110.50B	118.86B	118.06B	115.61B	117.47B	117.50B	120.50B	121.64B	125.36B	125.28B	121.62B	121.99B	123.38B	130.93B	154.65B		152.19B	153.40B	154.20B	154.13B	155.97B	148.63B	146.81B	144.21B	11.77B	133.28B	127.50B	125.85B	14.26B	133.64B	132.21B	129.32B	135.24B	137.17B	133.85B	134.34B	137.18B	145.67B	148.59B	146.31B	151.88B
Treasury Shares (Quarter)		0.79B	0.80B	0.00B	0.85B	0.88B	0.91B	0.01B	0.96B	0.05B	1.00B	0.00B	0.02B	0.03B	1.06B	0.01B	1.09B	1.11B	1.12B	0.01B	0.05B	0.06B	0.07B	0.00B	0.01B	0.01B	1.25B	0.00B	1.26B	0.01B	1.27B	0.00B	0.01B	1.30B	0.02B	0.01B	0.00B	0.01B	1.32B	0.00B	0.01B	0.01B	0.01B	0.01B	1.35B	1.35B	1.35B	0.02B	1.35B	1.35B	1.35B	0.02B	1.35B	1.35B	1.35B	0.00B	1.35B	1.35B	1.35B	0.00B	1.35B	1.35B	1.35B	1.35B	1.35B	1.35B	1.35B	1.35B
Retained Earnings (Quarter)		74.33B	-20.49B	-18.83B	-18.18B	85.32B	-17.48B	-18.74B	94.59B	-17.11B	100.27B	-21.89B	-21.11B	-21.50B	-20.72B	-25.76B	-25.47B	-25.77B	-24.97B	-21.60B	-21.16B	-20.37B	-20.98B	-27.88B	-27.84B	141.22B	-28.16B	-29.61B	-29.00B	-28.60B	-28.16B	152.76B	153.29B	154.23B	155.56B	0.52B	-28.58B	-28.29B	-27.82B	0.58B	159.40B	-28.84B		-0.07B	162.63B	162.56B	-28.58B	-29.34B	-28.26B	162.09B	-27.30B	154.21B	0.06B	153.30B	-17.14B	-16.74B	149.25B	149.32B	149.51B	151.28B	151.36B	151.66B	149.79B	151.16B	150.70B	-16.04B	-15.98B	-15.71B

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IBM Balance Sheet (2009-2025) | IBM

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