International Business Machines Corporation (FRA:IBM)

FRA:IBM Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	11,569	13,947	13,068	7,886	6,650	13,188
Short-Term Investments	3,286	644	373	852	600	600
Cash & Short-Term Investments	14,855	14,591	13,441	8,738	7,250	13,788
Cash Growth	8.42%	8.56%	53.82%	20.52%	-47.42%	55.48%
Accounts Receivable	6,065	7,237	7,719	7,005	7,225	6,215
Other Receivables	1,160	918	629	677	1,000	695
Receivables	7,225	8,155	8,348	7,682	8,225	6,910
Inventory	1,397	1,289	1,161	1,552	1,649	1,812
Prepaid Expenses	1,903	1,512	1,830	1,876	1,830	1,579
Restricted Cash	30	214	21	103	307	463
Other Current Assets	1,429	1,562	1,313	1,377	2,264	3,721
Total Current Assets	32,740	34,482	32,908	29,118	29,539	39,165
Property, Plant & Equipment	9,074	8,929	8,721	8,212	8,916	9,771
Long-Term Investments	1,448	1,691	1,589	1,610	1,783	216
Goodwill	67,396	60,706	60,178	55,949	55,643	53,765
Other Intangible Assets	11,729	10,660	11,036	11,184	12,511	13,739
Long-Term Deferred Tax Assets	8,505	6,978	6,656	6,256	7,370	8,404
Long-Term Deferred Charges	768	788	842	866	924	1,150
Other Long-Term Assets	8,394	7,588	7,545	8,242	9,890	22,675
Total Assets	146,312	137,175	135,241	127,243	132,001	155,971
Accounts Payable	3,867	4,032	4,132	4,051	3,955	4,033
Accrued Expenses	6,619	7,052	6,728	7,046	7,036	7,935
Short-Term Debt	1	30	1	-	22	130
Current Portion of Long-Term Debt	7,941	4,861	6,304	4,685	6,729	6,956
Current Portion of Leases	807	966	941	949	1,010	1,065
Current Income Taxes Payable	1,663	2,033	2,270	2,196	2,289	3,198
Current Unearned Revenue	13,878	13,907	13,451	12,032	12,518	12,146
Other Current Liabilities	366	261	295	546	60	4,406
Total Current Liabilities	35,142	33,142	34,122	31,505	33,619	39,869
Long-Term Debt	54,027	49,081	49,742	46,025	44,854	54,157
Long-Term Leases	3,793	3,458	2,947	2,354	2,525	2,780
Long-Term Unearned Revenue	3,863	3,622	3,533	3,499	3,577	3,758
Pension & Post-Retirement Benefits	9,735	9,432	10,808	9,596	14,435	17,184
Long-Term Deferred Tax Liabilities	-	815	1,146	2,292	3,956	4,958
Other Long-Term Liabilities	11,762	10,232	10,330	9,951	10,039	12,539
Total Liabilities	118,322	109,782	112,628	105,222	113,005	135,245
Common Stock	62,819	61,380	59,643	58,343	57,319	56,556
Retained Earnings	151,581	151,163	151,276	149,825	154,209	162,717
Treasury Stock	-170,512	-169,968	-169,624	-169,484	-169,392	-169,339
Comprehensive Income & Other	-15,983	-15,268	-18,762	-16,740	-23,235	-29,337
Total Common Equity	27,905	27,307	22,533	21,944	18,901	20,597
Minority Interest	85	86	80	77	95	129
Shareholders' Equity	27,990	27,393	22,613	22,021	18,996	20,726
Total Liabilities & Equity	146,312	137,175	135,241	127,243	132,001	155,971
Total Debt	66,569	58,396	59,935	54,013	55,140	65,088
Net Cash (Debt)	-51,714	-43,805	-46,494	-45,275	-47,890	-51,300
Net Cash Per Share	-54.66	-46.74	-50.42	-49.63	-52.94	-57.22
Filing Date Shares Outstanding	934.74	927.26	916.74	907.11	899.31	893.59
Total Common Shares Outstanding	934.74	926.29	915.01	906.09	898.07	892.65
Working Capital	-2,402	1,340	-1,214	-2,387	-4,080	-704
Book Value Per Share	29.85	29.48	24.63	24.22	21.05	23.07
Tangible Book Value	-51,220	-44,059	-48,681	-45,189	-49,253	-46,907
Tangible Book Value Per Share	-54.80	-47.57	-53.20	-49.87	-54.84	-52.55
Land	-	179	182	213	224	234
Buildings	-	4,825	5,333	5,678	6,049	6,407
Machinery	-	12,687	12,607	12,804	13,811	13,460

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