International Business Machines Corporation (NEO: IBM)

IBM Balance Sheet

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

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	12,210	13,068	7,886	6,650	13,188	8,172
Short-Term Investments	1,481	373	852	600	600	696
Cash & Short-Term Investments	13,691	13,441	8,738	7,250	13,788	8,868
Cash Growth	-16.00%	53.82%	20.52%	-47.42%	55.48%	-26.08%
Accounts Receivable	6,309	7,719	7,005	7,225	6,215	8,362
Other Receivables	701	629	677	1,000	695	1,707
Receivables	7,010	8,348	7,682	8,225	6,910	10,069
Inventory	1,234	1,161	1,552	1,649	1,812	1,619
Prepaid Expenses	1,820	1,768	1,876	1,830	1,579	1,460
Restricted Cash	2,268	21	103	307	463	141
Other Current Assets	1,478	1,375	1,377	2,264	3,721	2,071
Total Current Assets	33,299	32,908	29,118	29,539	39,165	38,420
Property, Plant & Equipment	8,730	8,721	8,212	8,916	9,771	15,006
Long-Term Investments	1,732	1,589	1,610	1,783	216	222
Goodwill	59,416	60,178	55,949	55,643	53,765	58,222
Other Intangible Assets	10,251	11,036	11,184	12,511	13,739	15,235
Long-Term Deferred Tax Assets	6,378	6,656	6,256	7,370	8,404	5,182
Long-Term Deferred Charges	820	842	866	924	1,150	2,472
Other Long-Term Assets	7,639	7,545	8,242	9,890	22,675	8,715
Total Assets	133,848	135,241	127,243	132,001	155,971	152,186
Accounts Payable	3,631	4,132	4,051	3,955	4,033	4,896
Accrued Expenses	6,147	6,728	7,046	7,036	7,935	7,369
Short-Term Debt	1	-	-	22	130	1,275
Current Portion of Long-Term Debt	3,601	6,305	4,685	6,729	6,956	7,470
Current Portion of Leases	762	941	949	1,010	1,065	1,432
Current Income Taxes Payable	1,691	2,270	2,196	2,289	3,198	2,839
Current Unearned Revenue	13,643	13,451	12,032	12,518	12,146	12,253
Other Current Liabilities	172	295	546	60	4,406	167
Total Current Liabilities	29,648	34,122	31,505	33,619	39,869	37,701
Long-Term Debt	52,106	49,742	46,025	44,854	54,157	53,951
Long-Term Leases	3,369	2,947	2,354	2,525	2,780	4,030
Long-Term Unearned Revenue	3,489	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	10,933	10,330	9,951	10,039	12,539	9,296
Total Liabilities	109,745	112,628	105,222	113,005	135,245	131,201
Common Stock	60,501	59,643	58,343	57,319	56,556	55,895
Retained Earnings	151,659	151,276	149,825	154,209	162,717	162,954
Treasury Stock	-169,815	-169,624	-169,484	-169,392	-169,339	-169,413
Comprensive Income & Other	-18,319	-18,762	-16,740	-23,235	-29,337	-28,595
Total Common Equity	24,026	22,533	21,944	18,901	20,597	20,841
Minority Interest	77	80	77	95	129	144
Shareholders' Equity	24,103	22,613	22,021	18,996	20,726	20,985
Total Liabilities & Equity	133,848	135,241	127,243	132,001	155,971	152,186
Total Debt	59,839	59,935	54,013	55,140	65,088	68,158
Net Cash (Debt)	-46,148	-46,494	-45,275	-47,890	-51,300	-59,290
Net Cash Per Share	-49.64	-50.42	-49.63	-52.94	-57.22	-66.41
Filing Date Shares Outstanding	921.15	916.74	907.11	899.31	893.59	887.11
Total Common Shares Outstanding	921.15	915.01	906.09	898.07	892.65	887.11
Working Capital	3,651	-1,214	-2,387	-4,080	-704	719
Book Value Per Share	26.08	24.63	24.22	21.05	23.07	23.49
Tangible Book Value	-45,641	-48,681	-45,189	-49,253	-46,907	-52,616
Tangible Book Value Per Share	-49.55	-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.