International Business Machines Corporation (NEO: IBM)

NEO: IBM Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	13,197	13,068	7,886	6,650	13,188	8,172
Short-Term Investments	505	373	852	600	600	696
Cash & Short-Term Investments	13,702	13,441	8,738	7,250	13,788	8,868
Cash Growth	24.81%	53.82%	20.52%	-47.42%	55.48%	-26.08%
Accounts Receivable	5,962	7,719	7,005	7,225	6,215	8,362
Other Receivables	923	629	677	1,000	695	1,707
Receivables	6,885	8,348	7,682	8,225	6,910	10,069
Inventory	1,368	1,161	1,552	1,649	1,812	1,619
Prepaid Expenses	1,752	1,768	1,876	1,830	1,579	1,460
Restricted Cash	17	21	103	307	463	141
Other Current Assets	1,054	1,375	1,377	2,264	3,721	2,071
Total Current Assets	30,543	32,908	29,118	29,539	39,165	38,420
Property, Plant & Equipment	8,969	8,721	8,212	8,916	9,771	15,006
Long-Term Investments	1,868	1,589	1,610	1,783	216	222
Goodwill	61,092	60,178	55,949	55,643	53,765	58,222
Other Intangible Assets	11,090	11,036	11,184	12,511	13,739	15,235
Long-Term Deferred Tax Assets	6,943	6,656	6,256	7,370	8,404	5,182
Long-Term Deferred Charges	788	842	866	924	1,150	2,472
Other Long-Term Assets	8,015	7,545	8,242	9,890	22,675	8,715
Total Assets	134,339	135,241	127,243	132,001	155,971	152,186
Accounts Payable	3,274	4,132	4,051	3,955	4,033	4,896
Accrued Expenses	6,476	6,728	7,046	7,036	7,935	7,369
Short-Term Debt	9	-	-	22	130	1,275
Current Portion of Long-Term Debt	3,590	6,305	4,685	6,729	6,956	7,470
Current Portion of Leases	790	941	949	1,010	1,065	1,432
Current Income Taxes Payable	1,584	2,270	2,196	2,289	3,198	2,839
Current Unearned Revenue	12,882	13,451	12,032	12,518	12,146	12,253
Other Current Liabilities	248	295	546	60	4,406	167
Total Current Liabilities	28,853	34,122	31,505	33,619	39,869	37,701
Long-Term Debt	52,102	49,742	46,025	44,854	54,157	53,951
Long-Term Leases	3,635	2,947	2,354	2,525	2,780	4,030
Long-Term Unearned Revenue	3,666	3,533	3,499	3,577	3,758	3,851
Long-Term Deferred Tax Liabilities	-	1,146	2,292	3,956	4,958	5,230
Other Long-Term Liabilities	11,187	10,330	9,951	10,039	12,539	9,296
Total Liabilities	109,809	112,628	105,222	113,005	135,245	131,201
Common Stock	61,013	59,643	58,343	57,319	56,556	55,895
Retained Earnings	149,789	151,276	149,825	154,209	162,717	162,954
Treasury Stock	-169,935	-169,624	-169,484	-169,392	-169,339	-169,413
Comprehensive Income & Other	-16,419	-18,762	-16,740	-23,235	-29,337	-28,595
Total Common Equity	24,448	22,533	21,944	18,901	20,597	20,841
Minority Interest	82	80	77	95	129	144
Shareholders' Equity	24,530	22,613	22,021	18,996	20,726	20,985
Total Liabilities & Equity	134,339	135,241	127,243	132,001	155,971	152,186
Total Debt	60,126	59,935	54,013	55,140	65,088	68,158
Net Cash (Debt)	-46,424	-46,494	-45,275	-47,890	-51,300	-59,290
Net Cash Per Share	-49.74	-50.42	-49.63	-52.94	-57.22	-66.41
Filing Date Shares Outstanding	924.65	916.74	907.11	899.31	893.59	887.11
Total Common Shares Outstanding	924.65	915.01	906.09	898.07	892.65	887.11
Working Capital	1,690	-1,214	-2,387	-4,080	-704	719
Book Value Per Share	26.44	24.63	24.22	21.05	23.07	23.49
Tangible Book Value	-47,734	-48,681	-45,189	-49,253	-46,907	-52,616
Tangible Book Value Per Share	-51.62	-53.20	-49.87	-54.84	-52.55	-59.31
Land	-	182	213	224	234	365
Buildings	-	5,333	5,678	6,049	6,407	9,364
Machinery	-	12,607	12,804	13,811	13,460	18,578

Source: S&P Capital IQ. Standard template. Financial Sources.