INTERNATIONAL BUSINESS MACHINES CORP company info

CIK 51143
IRS Number 130871985
State of incorporation NY
Business address 1 NEW ORCHARD ROAD
None
ARMONK
NY
10504
Mail address 1 NEW ORCHARD RD
None
ARMONK
NY
10504

Short summary

INTERNATIONAL BUSINESS MACHINES CORP is a New York company, with head office located at 1 New Orchard Road Armonk, New York 10504. The company achieved a record breaking net income in 2015 - 13.19 billion USD. In 2017 the company owned a total of 121.62 billion USD worth of assets, including 46.80 billion USD worth of current assets. 2013 was the year when the company amassed the most assets.

INTERNATIONAL BUSINESS MACHINES CORP Income Statement

Name [in Millions USD]20042005200620072008200920102011201220132014201520162017Trends
Gross Profit 35,56936,53238,29541,72945,66143,78546,01450,13850,36148,68446,40740,68438,29436,227
Selling, General and Administrative Expense 21,31420,25922,06023,38620,95221,83723,59423,46323,45123,18020,43021,06920,107
Research and development 5,8426,1076,1536,3375,8206,0266,2585,8165,7435,4375,2475,7515,787
Interest expense -139-220278611673402368411459402484468630615
Income Tax Expense (Benefit) 4,2323,9014,0714,3814,7134,8905,1485,5413,3634,2342,5814495,642
Net income 7,9349,49210,41812,33413,19011,8725,753

INTERNATIONAL BUSINESS MACHINES CORP Balance Sheet

Name [in Millions USD]20042005200620072008200920102011201220132014201520162017Trends
Cash and cash equivalents 10,05312,5687,0109,62611,67810,32511,71410,8649,7159,5618,39310,01711,69610,741
Accounts Receivable, Net, Current 10,53910,17210,2779,9028,6328,7828,4017,445
Inventories 2,8102,9162,6912,5952,5732,7582,3892,3381,9121,6851,6041,742
Deferred income taxes 1,8061,9491,6521,4441,5571,4781,5841,7832,1331,660
Collateral Already Posted, Aggregate Fair Value 0000000
Property, Plant and Equipment, Gross 36,52140,32038,66938,29241,12640,15839,55240,93638,63930,13631,29132,233
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 24,93424,72124,75826,88726,29326,19627,18827,93619,04420,38821,209
Goodwill 12,85419,62418,73720,54425,60927,73528,84631,56830,53536,42236,51736,482
Intangible Assets, Net (Excluding Goodwill) 2,2023,2772,5802,5263,2053,6573,4183,5852,9384,373
Other Assets, Noncurrent 4,9748,8655,2484,8136,0385,3294,7304,7215,3695,3775,223
Total assets 105,748102,548120,928103,655103,420113,474113,832115,153124,314112,729118,056120,495121,622
Current assets 44,66046,31244,43544,89546,93747,39247,91148,18245,18643,52445,01346,795
Accounts payable 5,8697,2337,1127,4826,8216,2715,9435,4845,1265,518
Taxes Payable, Current 2,2592,8952,3632,1834,7082,3353,6392,2752,7792,780
Standard Product Warranty Accrual 308308381380376334188169141126
Total current liabilities 40,09144,68336,43034,99339,84338,90341,03742,43335,53533,58535,96635,442
Long-term Debt, Excluding Current Maturities 13,78021,52218,23221,84624,76626,29234,00833,33939,63837,61237,851
Long-term Debt 15,42514,17918,77524,15425,86327,16129,68039,48537,26544,22445,44643,298
Deferred Revenue, Noncurrent 2,5023,1713,2833,3413,6413,8894,1664,1523,8923,8373,6173,746
Deferred income taxes 4703785494481,741129253424545
Total liabilities 72,65085,79292,66388,18282,24490,26393,26997,269106,80198,892102,167101,951102,974
Common Stock, Value, Issued 31,27137,88238,874
Retained Earnings (Accumulated Deficit) 64,45674,32885,32397,334109,928121,883134,483141,218148,071154,234157,349
Accumulated Other Comprehensive Income (Loss), Net of Tax -2,061-2,016-8,901-3,006-21,043-18,510-17,109-21,498-25,774-20,369-27,432-28,604-28,189-28,290

INTERNATIONAL BUSINESS MACHINES CORP Cash Flow

Name [in Millions USD]20042005200620072008200920102011201220132014201520162017Trends
Net income 7,9349,49210,41812,33413,19011,8725,753
Depreciation 3,9594,1473,9074,0384,1403,7733,6573,5893,3923,3273,1452,6622,8373,021
Amortization of Intangible Assets 1,0411,0761,1631,3101,2211,1741,2261,2841,3511,3471,1931,5441,520
Deferred Income Tax Expense (Benefit) 1,7247401,9001,7731,2941,212797-1,610-2371,387-1,132-931
Inventories -202-112-182102-263-92163-2805739-13314-18
Accounts payable -536355-142-860170174451-224-529-4568119747
Net Cash Provided by (Used in) Operating Activities 18,81220,77319,54916,86817,00816,95816,724
Payments to Acquire Property, Plant, and Equipment 3,8424,3624,6304,1713,4474,1854,1084,0823,6233,7403,5793,5673,229
Payments to Acquire Businesses, Net of Cash Acquired 1,4823,7991,0096,3131,1945,9221,8113,7223,0566563,3495,679496
Net Cash Provided by (Used in) Investing Activities -9,285-6,729-8,507-3,001-8,159-10,976-7,096
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -4,423-11,549-4,675-9,285-6,729-8,507-4,396-9,004-7,326-3,001-8,159
Proceeds from Issuance of Long-term Debt 4,3631,44421,744
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 977606695631
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 977606695631
Payments for Repurchase of Common Stock 7,7398,08418,82810,5787,42915,37515,04611,99513,85913,6794,6093,5024,340
Payments of Ordinary Dividends, Common Stock 1,6832,1472,5852,8603,1773,4733,7734,0584,2654,8975,2565,506
Net Cash Provided by (Used in) Financing Activities -11,834-14,700-12,429-15,452-9,166-5,791-6,418
Cash and Cash Equivalents, Period Increase (Decrease) 2,515-4,5466,969-2,250-558-1,522-1,511304-2,240-7901404,146