2016 Q1 Form 10-Q Financial Statement

#000005114316000013 Filed on April 26, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q4 2015 Q1
Revenue $18.68B $22.06B $19.59B
YoY Change -4.62% -8.52% -11.9%
Cost Of Revenue $9.999B $10.65B $10.14B
YoY Change -1.37% -5.32% -12.66%
Gross Profit $8.686B $11.41B $9.452B
YoY Change -8.1% -11.31% -11.06%
Gross Profit Margin 46.49% 51.71% 48.25%
Selling, General & Admin $6.012B $5.101B $5.362B
YoY Change 12.12% -5.1% 0.56%
% of Gross Profit 69.21% 44.72% 56.73%
Research & Development $1.458B $1.362B $1.298B
YoY Change 12.33% 3.18% -7.42%
% of Gross Profit 16.79% 11.94% 13.73%
Depreciation & Amortization $677.0M $990.0M $670.0M
YoY Change 1.04% -5.35% -16.46%
% of Gross Profit 7.79% 8.68% 7.09%
Operating Expenses $7.470B $6.285B $6.660B
YoY Change 12.16% 21.76% 375.04%
Operating Profit $1.216B $5.122B $2.792B
YoY Change -56.45% -33.48% -69.73%
Interest Expense $147.0M -$13.00M $108.0M
YoY Change 36.11% -51.85% -172.0%
% of Operating Profit 12.09% -0.25% 3.87%
Other Income/Expense, Net $2.000M
YoY Change
Pretax Income $1.034B $5.099B $3.001B
YoY Change -65.54% -28.13% -5.72%
Income Tax -$983.0M $638.0M $585.0M
% Of Pretax Income -95.07% 12.51% 19.49%
Net Earnings $2.014B $4.464B $2.328B
YoY Change -13.49% -18.61% -2.35%
Net Earnings / Revenue 10.78% 20.24% 11.88%
Basic Earnings Per Share $2.09 $2.36
Diluted Earnings Per Share $2.09 $4.588M $2.35
COMMON SHARES
Basic Shares Outstanding 961.7M shares 988.1M shares
Diluted Shares Outstanding 964.4M shares 992.3M shares

Balance Sheet

Concept 2016 Q1 2015 Q4 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $14.92B $8.200B $8.822B
YoY Change 69.09% -3.53% -9.25%
Cash & Equivalents $14.35B $7.686B $8.796B
Short-Term Investments $563.0M $514.0M $26.00M
Other Short-Term Assets $4.286B $4.199B $7.675B
YoY Change -44.16% -15.05% 25.39%
Inventory $1.690B $1.551B $1.970B
Prepaid Expenses
Receivables $8.527B $8.333B $8.806B
Other Receivables $1.557B $1.201B $2.740B
Total Short-Term Assets $47.62B $42.50B $46.32B
YoY Change 2.82% -10.29% -3.43%
LONG-TERM ASSETS
Property, Plant & Equipment $10.91B $10.73B $10.51B
YoY Change 3.82% -0.41% -23.2%
Goodwill $34.32B $32.02B $29.87B
YoY Change 14.9% 4.79% -4.3%
Intangibles $4.373B $3.487B $2.991B
YoY Change 46.21% 12.34% -19.12%
Long-Term Investments $4.259B $82.00M $4.678B
YoY Change -8.96% -16.33% 2.72%
Other Assets $5.223B $5.187B $5.466B
YoY Change -4.45% -6.03% 8.67%
Total Long-Term Assets $71.23B $67.99B $65.72B
YoY Change 8.39% -2.72% -12.0%
TOTAL ASSETS
Total Short-Term Assets $47.62B $42.50B $46.32B
Total Long-Term Assets $71.23B $67.99B $65.72B
Total Assets $118.9B $110.5B $112.0B
YoY Change 6.09% -5.78% -8.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.302B $6.028B $6.314B
YoY Change -16.03% -12.18% -8.03%
Accrued Expenses $8.806B $7.913B $8.939B
YoY Change -1.49% -21.07% 4.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $1.190B $0.00
YoY Change 5.31%
Long-Term Debt Due $5.000B $5.271B $4.072B
YoY Change 22.79% 14.56% -56.27%
Total Short-Term Liabilities $34.66B $34.27B $35.64B
YoY Change -2.74% -13.42% -13.2%
LONG-TERM LIABILITIES
Long-Term Debt $40.25B $33.43B $34.30B
YoY Change 17.38% -4.47% -1.08%
Other Long-Term Liabilities $8.264B $8.099B $8.791B
YoY Change -5.99% -7.26% -13.01%
Total Long-Term Liabilities $48.52B $41.53B $43.09B
YoY Change 12.61% -5.02% -3.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $34.66B $34.27B $35.64B
Total Long-Term Liabilities $48.52B $41.53B $43.09B
Total Liabilities $103.8B $96.07B $99.75B
YoY Change 4.05% -8.73% -5.82%
SHAREHOLDERS EQUITY
Retained Earnings $146.9B $146.1B $139.0B
YoY Change 5.65% 6.05% 5.78%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $156.4B $155.5B $152.0B
YoY Change 2.91% 3.19% 4.37%
Treasury Stock Shares 1.262B shares 1.255B shares 1.233B shares
Shareholders Equity $14.93B $14.26B $12.14B
YoY Change
Total Liabilities & Shareholders Equity $118.9B $110.5B $112.0B
YoY Change 6.09% -5.78% -8.65%

Cashflow Statement

Concept 2016 Q1 2015 Q4 2015 Q1
OPERATING ACTIVITIES
Net Income $2.014B $4.464B $2.328B
YoY Change -13.49% -18.61% -2.35%
Depreciation, Depletion And Amortization $677.0M $990.0M $670.0M
YoY Change 1.04% -5.35% -16.46%
Cash From Operating Activities $5.530B $5.278B $3.610B
YoY Change 53.19% -12.88% 8.54%
INVESTING ACTIVITIES
Capital Expenditures $956.0M -$1.074B $857.0M
YoY Change 11.55% 1.9% 0.94%
Acquisitions $2.590B $148.0M
YoY Change 1650.0% -43.94%
Other Investing Activities -$786.0M -$4.371B $1.530B
YoY Change -151.37% 2301.65% 53.61%
Cash From Investing Activities -$1.886B -$5.445B $560.0M
YoY Change -436.79% 340.53% 1500.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $939.0M $1.165B
YoY Change -19.4% -85.73%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.806B -1.348B -3.402B
YoY Change -182.48% -76.35% -27.2%
NET CHANGE
Cash From Operating Activities 5.530B 5.278B 3.610B
Cash From Investing Activities -1.886B -5.445B 560.0M
Cash From Financing Activities 2.806B -1.348B -3.402B
Net Change In Cash 6.450B -1.515B 768.0M
YoY Change 739.84% 72.75% -158.54%
FREE CASH FLOW
Cash From Operating Activities $5.530B $5.278B $3.610B
Capital Expenditures $956.0M -$1.074B $857.0M
Free Cash Flow $4.574B $6.352B $2.753B
YoY Change 66.15% -10.69% 11.14%

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133000000 USD
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319000000 USD
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9000000 USD
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185000000 USD
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1250000000 USD
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12289000000 USD
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CY2016Q1 ibm Common Stock Issued Under Employee Plan Shares
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163000000 USD
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CY2016Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
239000000 USD
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CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
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<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The company determines its allowance for credit losses based on two portfolio segments</font><font style='font-family:Times New Roman;font-size:10pt;' >: lease receivables and loan receivables</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > and further segments the portfolio into two</font><font style='font-family:Times New Roman;font-size:10pt;' > classes: major markets a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd growth markets.</font></p></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >When determining the allowances, financing receivables are evaluated either on an individual or a collective basis. For individually evaluated receivables, the company determines the expected cash flow for the receivable and calculates an estimate </font><font style='font-family:Times New Roman;font-size:10pt;' >of the potential loss and the probability of loss. For those accounts in which the loss is probable, the company records a specific reserve. In addition, the company records an unallocated reserve that is determined by applying a reserve rate to its differ</font><font style='font-family:Times New Roman;font-size:10pt;' >ent portfolios, excluding accounts that have been specifically reserved. This reserve rate is based upon credit</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >rating, probability of default, term, characteristics (lease/loan) and loss history.</font></p></div>
CY2015Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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0 USD
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777000000 USD
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439000000 USD
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PensionAndOtherPostretirementBenefitExpense
499000000 USD
CY2016Q1 us-gaap Other Postretirement Benefit Expense
OtherPostretirementBenefitExpense
60000000 USD
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PensionExpenseForeignPostretirementBenefitPlan
348000000 USD
CY2016Q1 ibm Pension Expense United States Postretirement Benefit Plan Of Us Entity
PensionExpenseUnitedStatesPostretirementBenefitPlanOfUsEntity
91000000 USD
CY2016Q1 us-gaap Unamortized Debt Issuance Expense
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95000000 USD
CY2015Q4 us-gaap Unamortized Debt Issuance Expense
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74000000 USD
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45188000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-17000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-9000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
20000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
12000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-36000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-202000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
1000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
-356000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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-147000000 USD
CY2015Q1 us-gaap Derivative Gain Loss On Derivative Net
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211000000 USD
CY2015Q1 us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
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-118000000 USD
CY2015Q4 ibm Cash Collateral Rehypothecated
CashCollateralRehypothecated
0 USD
CY2015Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-22000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
20000000 USD
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses
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561000000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
590000000 USD
CY2015Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
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367000000 USD
CY2015Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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0 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-335000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-187000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-442000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
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CY2016Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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CY2016Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-9000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
0 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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-232000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-124000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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3000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
OtherComprehensiveIncomeFinalizationOfPensionAndNonPensionPostretirementPlanValuationTax
2000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
505000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-266000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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-94000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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-53000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-174000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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-91000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-14000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-492000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
-3000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect
-2000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-248000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-555000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-280000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
239000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
131000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
3000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
OtherComprehensiveIncomeFinalizationOfPensionAndNonPensionPostretirementPlanValuationTax
1000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-718000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
266000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-52000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-26000000 USD
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OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
401000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
218000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
12000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-343000000 USD
CY2015Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-376000000 USD
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-27842000000 USD
CY2015Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
140000000 USD
CY2015Q1 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
108000000 USD
CY2015Q1 ibm Interest On Investment Derivative Activity
InterestOnInvestmentDerivativeActivity
0 USD
CY2015Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
245000000 USD
CY2015Q1 ibm Interest Costs Capitalized And Prior Period Adjustments
InterestCostsCapitalizedAndPriorPeriodAdjustments
-2000000 USD
CY2015Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
35000000 USD
CY2015Q1 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
10000000 USD
CY2015Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
51000000 USD
CY2015Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
192000000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8476000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-690000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-25000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
91000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
5000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-37000000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
608000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
32000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
657000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
32000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
370000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Cost Credit Arising During Period Before Tax
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-5000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-77000000 USD
CY2015Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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2361000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-452000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
690000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
619000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-740000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-835000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-26000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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0 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
249000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
4000000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
33000000 USD
CY2016Q1 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
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0 USD
CY2015Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0 USD
CY2015Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
0 USD
CY2016Q1 us-gaap Receivables Held For Sale Amount
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0 USD
CY2015Q4 ibm Financing Receivable Fully Reserved
FinancingReceivableFullyReserved
517000000 USD
CY2016Q1 ibm Financing Receivable Fully Reserved
FinancingReceivableFullyReserved
530000000 USD
CY2016Q1 us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 USD
CY2015Q1 us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
0 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
6400000000 USD
CY2016Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2016Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4334000000 USD
CY2016Q1 us-gaap Assets Current
AssetsCurrent
47623000000 USD
CY2016Q1 us-gaap Goodwill
Goodwill
34322000000 USD
CY2016Q1 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
47000000 USD
CY2015Q1 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
19000000 USD
CY2016Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5
CY2016Q1 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
6 Acquisition
CY2016Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.951 pure
CY2016Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2016-04-26
CY2016Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2016-06-10
CY2016Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2016-05-10
CY2015Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.3

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