BKK:IBM06 Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	13,587	13,947	13,068	7,886	6,650
Short-Term Investments	830	644	373	852	600
Cash & Short-Term Investments	14,417	14,591	13,441	8,738	7,250
Cash Growth	-1.19%	8.56%	53.82%	20.52%	-47.42%
Accounts Receivable	8,112	7,237	7,719	7,005	7,225
Other Receivables	1,052	918	629	677	1,000
Receivables	9,164	8,155	8,348	7,682	8,225
Inventory	1,220	1,289	1,161	1,552	1,649
Finance Div. Loans and Leases	7,344	6,259	6,102	6,851	7,221
Finance Div. Other Current Assets	1,131	900	692	939	793
Prepaid Expenses	2,530	1,512	1,830	1,876	1,830
Restricted Cash	54	214	21	103	307
Other Current Assets	1,084	1,562	1,313	1,377	2,264
Total Current Assets	36,944	34,482	32,908	29,118	29,539
Property, Plant & Equipment	9,028	8,929	8,721	8,212	8,916
Long-Term Investments	2,112	1,691	1,589	1,610	1,783
Goodwill	67,717	60,706	60,178	55,949	55,643
Other Intangible Assets	11,391	10,660	11,036	11,184	12,511
Finance Div. Loans and Leases Long-Term	7,708	5,353	5,766	5,806	5,425
Long-Term Deferred Tax Assets	8,610	6,978	6,656	6,256	7,370
Long-Term Deferred Charges	825	788	842	866	924
Other Long-Term Assets	7,545	7,588	7,545	8,242	9,890
Total Assets	151,880	137,175	135,241	127,243	132,001
Accounts Payable	4,756	4,032	4,132	4,051	3,955
Accrued Expenses	8,230	7,052	6,728	7,046	7,036
Short-Term Debt	6,424	30	1	-	22
Current Portion of Long-Term Debt	-	4,861	6,304	4,685	6,729
Current Portion of Leases	800	966	941	949	1,010
Current Income Taxes Payable	2,347	2,033	2,270	2,196	2,289
Current Unearned Revenue	16,101	13,907	13,451	12,032	12,518
Other Current Liabilities	-	261	295	546	60
Total Current Liabilities	38,658	33,142	34,122	31,505	33,619
Long-Term Debt	54,836	49,081	49,742	46,025	44,854
Long-Term Leases	2,547	3,458	2,947	2,354	2,525
Long-Term Unearned Revenue	4,271	3,622	3,533	3,499	3,577
Pension & Post-Retirement Benefits	9,018	9,432	10,808	9,596	14,435
Long-Term Deferred Tax Liabilities	-	815	1,146	2,292	3,956
Other Long-Term Liabilities	9,809	10,232	10,330	9,951	10,039
Total Liabilities	119,139	109,782	112,628	105,222	113,005
Common Stock	63,318	61,380	59,643	58,343	57,319
Retained Earnings	155,648	151,163	151,276	149,825	154,209
Treasury Stock	-170,605	-169,968	-169,624	-169,484	-169,392
Comprehensive Income & Other	-15,713	-15,268	-18,762	-16,740	-23,235
Total Common Equity	32,648	27,307	22,533	21,944	18,901
Minority Interest	93	86	80	77	95
Shareholders' Equity	32,741	27,393	22,613	22,021	18,996
Total Liabilities & Equity	151,880	137,175	135,241	127,243	132,001
Total Debt	64,607	58,396	59,935	54,013	55,140
Net Cash (Debt)	-50,190	-43,805	-46,494	-45,275	-47,890
Net Cash Per Share	-52.90	-46.74	-50.42	-49.63	-52.94
Filing Date Shares Outstanding	936.5	927.26	916.74	907.11	899.31
Total Common Shares Outstanding	936.5	926.29	915.01	906.09	898.07
Working Capital	-1,714	1,340	-1,214	-2,387	-4,080
Book Value Per Share	34.86	29.48	24.63	24.22	21.05
Tangible Book Value	-46,460	-44,059	-48,681	-45,189	-49,253
Tangible Book Value Per Share	-49.61	-47.57	-53.20	-49.87	-54.84
Land	-	179	182	213	224
Buildings	-	4,825	5,333	5,678	6,049
Machinery	-	12,687	12,607	12,804	13,811

Source: S&P Global Market Intelligence. Standard template. Financial Sources.