$IBM
INTERNATIONAL BUSINESS MACHINES CORP

2020 Q1 Form 10-Q Financial Statement

#000155837020004491 Filed on April 28, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $17.57B $18.18B
YoY Change -3.36% -4.67%
Cost Of Revenue $9.649B $10.14B
YoY Change -4.83% -6.34%
Gross Profit $7.922B $8.043B
YoY Change -1.5% -2.47%
Gross Profit Margin 45.09% 44.24%
Selling, General & Admin $5.955B $4.691B
YoY Change 26.95% -1.88%
% of Gross Profit 75.17% 58.32%
Research & Development $1.625B $1.433B
YoY Change 13.4% 1.99%
% of Gross Profit 20.51% 17.82%
Depreciation & Amortization $1.012B $1.143B
YoY Change -11.46% 2.6%
% of Gross Profit 12.77% 14.21%
Operating Expenses $7.580B $6.124B
YoY Change 23.78% -4.21%
Operating Profit $342.0M $1.919B
YoY Change -82.18% 3.51%
Interest Expense $326.0M $210.0M
YoY Change 55.24% -217.98%
% of Operating Profit 95.32% 10.94%
Other Income/Expense, Net $1.000M
YoY Change
Pretax Income -$49.00M $1.883B
YoY Change -102.6% 65.76%
Income Tax -$1.226B $289.0M
% Of Pretax Income 15.35%
Net Earnings $1.175B $1.591B
YoY Change -26.15% -5.3%
Net Earnings / Revenue 6.69% 8.75%
Basic Earnings Per Share $1.32 $1.79
Diluted Earnings Per Share $1.31 $1.78
COMMON SHARES
Basic Shares Outstanding 888.0M 889.6M
Diluted Shares Outstanding 895.0M 893.9M

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.87B $18.02B
YoY Change -34.14% 40.27%
Cash & Equivalents $11.22B $17.27B
Short-Term Investments $647.0M $882.0M
Other Short-Term Assets $4.611B $4.973B
YoY Change -7.28% -6.1%
Inventory $1.786B $1.771B
Prepaid Expenses
Receivables $6.927B $6.987B
Other Receivables $1.616B $20.96B
Total Short-Term Assets $38.93B $52.71B
YoY Change -26.13% 7.29%
LONG-TERM ASSETS
Property, Plant & Equipment $9.626B $15.31B
YoY Change -37.12% 35.74%
Goodwill $57.52B
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.911B $2.403B
YoY Change -20.47% -18.32%
Other Assets $18.17B $12.91B
YoY Change 40.76% 0.6%
Total Long-Term Assets $114.5B $78.22B
YoY Change 46.34% 2.7%
TOTAL ASSETS
Total Short-Term Assets $38.93B $52.71B
Total Long-Term Assets $114.5B $78.22B
Total Assets $153.4B $130.9B
YoY Change 17.17% 4.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.172B $5.711B
YoY Change -26.95% -0.44%
Accrued Expenses $9.133B $7.977B
YoY Change 14.49% 2.66%
Deferred Revenue
YoY Change
Short-Term Debt $11.64B $3.143B
YoY Change 270.41% 41.7%
Long-Term Debt Due $8.189B $7.107B
YoY Change 15.22% 89.07%
Total Short-Term Liabilities $40.67B $38.87B
YoY Change 4.64% 8.78%
LONG-TERM LIABILITIES
Long-Term Debt $52.69B $39.73B
YoY Change 32.62% -1.69%
Other Long-Term Liabilities $15.87B $35.72B
YoY Change -55.56% 15.78%
Total Long-Term Liabilities $68.56B $75.45B
YoY Change -9.13% 5.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $40.67B $38.87B
Total Long-Term Liabilities $68.56B $75.45B
Total Liabilities $133.3B $114.4B
YoY Change 16.45% 6.84%
SHAREHOLDERS EQUITY
Retained Earnings $162.6B
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $20.00B $16.48B
YoY Change
Total Liabilities & Shareholders Equity $153.4B $130.9B
YoY Change 17.17% 4.5%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $1.175B $1.591B
YoY Change -26.15% -5.3%
Depreciation, Depletion And Amortization $1.012B $1.143B
YoY Change -11.46% 2.6%
Cash From Operating Activities $4.476B $4.759B
YoY Change -5.95% 3.43%
INVESTING ACTIVITIES
Capital Expenditures $630.0M $539.0M
YoY Change 16.88% -154.12%
Acquisitions $13.00M $1.000M
YoY Change 1200.0%
Other Investing Activities -$119.0M -$158.0M
YoY Change -24.68% -79.43%
Cash From Investing Activities -$902.0M -$853.0M
YoY Change 5.74% -51.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $920.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -115.0M 1.863B
YoY Change -106.17% -164.04%
NET CHANGE
Cash From Operating Activities 4.476B 4.759B
Cash From Investing Activities -902.0M -853.0M
Cash From Financing Activities -115.0M 1.863B
Net Change In Cash 3.057B 5.668B
YoY Change -46.07% -7972.22%
FREE CASH FLOW
Cash From Operating Activities $4.476B $4.759B
Capital Expenditures $630.0M $539.0M
Free Cash Flow $3.846B $4.220B
YoY Change -8.86% -24.6%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q1 us-gaap Gain Loss From Components Excluded From Assessment Of Fair Value Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfFairValueHedgeEffectivenessNet
CY2020Q1 us-gaap Gain Loss From Components Excluded From Assessment Of Fair Value Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfFairValueHedgeEffectivenessNet
CY2020Q1 us-gaap Receivables Held For Sale Amount
ReceivablesHeldForSaleAmount
0
CY2019Q4 us-gaap Receivables Held For Sale Amount
ReceivablesHeldForSaleAmount
0
CY2020Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
CY2019Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
CY2019Q1 us-gaap Gain Loss From Components Excluded From Assessment Of Cash Flow Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfCashFlowHedgeEffectivenessNet
CY2020Q1 us-gaap Gain Loss From Components Excluded From Assessment Of Cash Flow Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfCashFlowHedgeEffectivenessNet
CY2019Q1 us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
CY2020Q1 us-gaap Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
CY2020Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000051143
CY2020Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2020Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2020Q1 dei Local Phone Number
LocalPhoneNumber
499-1900
CY2020Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2020Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2020Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2020Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2020Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2020Q1 dei Document Type
DocumentType
10-Q
CY2020Q1 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
249000000
CY2019Q4 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
194000000
CY2020Q1 dei Amendment Flag
AmendmentFlag
false
CY2020Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2020Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2020Q1 dei Document Period End Date
DocumentPeriodEndDate
2020-03-31
CY2020Q1 dei Entity File Number
EntityFileNumber
1-2360
CY2020Q1 dei Entity Registrant Name
EntityRegistrantName
INTERNATIONAL BUSINESS MACHINES CORPORATION
CY2020Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NY
CY2020Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
13-0871985
CY2020Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
One New Orchard Road
CY2020Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Armonk
CY2020Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
CY2020Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
10504
CY2020Q1 dei City Area Code
CityAreaCode
914
CY2020Q1 dei Entity Shell Company
EntityShellCompany
false
CY2020Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
887891957
CY2020Q1 us-gaap Revenues
Revenues
17571000000
CY2019Q1 us-gaap Revenues
Revenues
18182000000
CY2020Q1 us-gaap Cost Of Revenue
CostOfRevenue
9649000000
CY2019Q1 us-gaap Cost Of Revenue
CostOfRevenue
10139000000
CY2020Q1 us-gaap Gross Profit
GrossProfit
7922000000
CY2019Q1 us-gaap Gross Profit
GrossProfit
8043000000
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5955000000
CY2019Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4691000000
CY2020Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1625000000
CY2019Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1433000000
CY2020Q1 ibm Intellectual Property And Custom Development Income
IntellectualPropertyAndCustomDevelopmentIncome
116000000
CY2019Q1 ibm Intellectual Property And Custom Development Income
IntellectualPropertyAndCustomDevelopmentIncome
101000000
CY2020Q1 ibm Other Income And Expense
OtherIncomeAndExpense
182000000
CY2019Q1 ibm Other Income And Expense
OtherIncomeAndExpense
-73000000
CY2020Q1 us-gaap Interest Expense
InterestExpense
326000000
CY2019Q1 us-gaap Interest Expense
InterestExpense
210000000
CY2020Q1 ibm Expense And Other Income
ExpenseAndOtherIncome
7972000000
CY2019Q1 ibm Expense And Other Income
ExpenseAndOtherIncome
6160000000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-49000000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1883000000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1226000000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
289000000
CY2020Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
1176000000
CY2019Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
1593000000
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1000000
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-2000000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
1175000000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
1591000000
CY2020Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.31
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.78
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.31
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.78
CY2020Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.32
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.79
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.32
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.79
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
895000000.0
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
893900000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
888000000.0
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
889600000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
1175000000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
1591000000
CY2020Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-919000000
CY2019Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
171000000
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
0
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-1000000
CY2020Q1 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
0
CY2019Q1 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-1000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-180000000
CY2019Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-352000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-91000000
CY2019Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
-98000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
-90000000
CY2019Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
-254000000
CY2020Q1 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Cost Credit Arising During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax
4000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
8000000
CY2019Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-4000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
8000000
CY2019Q1 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
1000000
CY2020Q1 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
1000000
CY2019Q1 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
-3000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-570000000
CY2019Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-464000000
CY2020Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-582000000
CY2019Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-458000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-427000000
CY2019Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
375000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
260000000
CY2019Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
67000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-686000000
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
308000000
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
489000000
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1899000000
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11218000000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8172000000
CY2020Q1 us-gaap Restricted Cash
RestrictedCash
152000000
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
141000000
CY2020Q1 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
647000000
CY2019Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
696000000
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
337000000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
299000000
CY2020Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6927000000
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7870000000
CY2020Q1 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
186000000
CY2019Q4 us-gaap Allowance For Notes And Loans Receivable Current
AllowanceForNotesAndLoansReceivableCurrent
188000000
CY2020Q1 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
12126000000
CY2019Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
14192000000
CY2020Q1 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
28000000
CY2019Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
33000000
CY2020Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1616000000
CY2019Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
1733000000
CY2020Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
298000000
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
220000000
CY2020Q1 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
1488000000
CY2019Q4 us-gaap Inventory Work In Process And Raw Materials Net Of Reserves
InventoryWorkInProcessAndRawMaterialsNetOfReserves
1399000000
CY2020Q1 us-gaap Inventory Net
InventoryNet
1786000000
CY2019Q4 us-gaap Inventory Net
InventoryNet
1619000000
CY2020Q1 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
1948000000
CY2019Q4 us-gaap Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
1896000000
CY2020Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2509000000
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2101000000
CY2020Q1 us-gaap Assets Current
AssetsCurrent
38931000000
CY2019Q4 us-gaap Assets Current
AssetsCurrent
38420000000
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
31089000000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
32028000000
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21464000000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
22018000000
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9626000000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10010000000
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4871000000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4996000000
CY2020Q1 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
52000000
CY2019Q4 us-gaap Allowance For Notes And Loans Receivable Noncurrent
AllowanceForNotesAndLoansReceivableNoncurrent
33000000
CY2020Q1 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
7708000000
CY2019Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
8712000000
CY2020Q1 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
6933000000
CY2019Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
6865000000
CY2020Q1 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
2459000000
CY2019Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
2472000000
CY2020Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
8782000000
CY2019Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
5182000000
CY2020Q1 us-gaap Goodwill
Goodwill
57517000000
CY2019Q4 us-gaap Goodwill
Goodwill
58222000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14666000000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
15235000000
CY2020Q1 us-gaap Investments And Other Noncurrent Assets
InvestmentsAndOtherNoncurrentAssets
1911000000
CY2019Q4 us-gaap Investments And Other Noncurrent Assets
InvestmentsAndOtherNoncurrentAssets
2074000000
CY2020Q1 us-gaap Assets
Assets
153403000000
CY2019Q4 us-gaap Assets
Assets
152186000000
CY2020Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
2348000000
CY2019Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
2839000000
CY2020Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
11642000000
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
8797000000
CY2020Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
4172000000
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
4896000000
CY2020Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3029000000
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3406000000
CY2020Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
13377000000
CY2019Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
12026000000
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1327000000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1380000000
CY2020Q1 ibm Accrued Liabilities And Other Liabilities Current
AccruedLiabilitiesAndOtherLiabilitiesCurrent
4777000000
CY2019Q4 ibm Accrued Liabilities And Other Liabilities Current
AccruedLiabilitiesAndOtherLiabilitiesCurrent
4357000000
CY2020Q1 us-gaap Liabilities Current
LiabilitiesCurrent
40673000000
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
37701000000
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
52685000000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
54102000000
CY2020Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
16474000000
CY2019Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
17142000000
CY2020Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
3769000000
CY2019Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
3851000000
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3799000000
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3879000000
CY2020Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
15874000000
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14526000000
CY2020Q1 us-gaap Liabilities
Liabilities
133275000000
CY2019Q4 us-gaap Liabilities
Liabilities
131202000000
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.20
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.20
CY2020Q1 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
56092000000
CY2019Q4 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
55895000000
CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
4687500000
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
4687500000
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2238932461
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2237996975
CY2020Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
162626000000
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
162954000000
CY2020Q1 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
169437000000
CY2019Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
169413000000
CY2020Q1 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
1351040504
CY2019Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
1350886521
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-29283000000
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-28597000000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
19999000000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
20841000000
CY2020Q1 us-gaap Minority Interest
MinorityInterest
129000000
CY2019Q4 us-gaap Minority Interest
MinorityInterest
144000000
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
20128000000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
20985000000
CY2020Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
153403000000
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
152186000000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
1175000000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
1591000000
CY2020Q1 us-gaap Depreciation
Depreciation
1012000000
CY2019Q1 us-gaap Depreciation
Depreciation
1143000000
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
622000000
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
303000000
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
189000000
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
113000000
CY2020Q1 ibm Gain Loss On Disposition Of Assets And Other
GainLossOnDispositionOfAssetsAndOther
-315000000
CY2019Q1 ibm Gain Loss On Disposition Of Assets And Other
GainLossOnDispositionOfAssetsAndOther
176000000
CY2020Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-1162000000
CY2019Q1 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-1785000000
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4476000000
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4759000000
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
630000000
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
539000000
CY2020Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
46000000
CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
81000000
CY2020Q1 ibm Payments To Acquire And Develop Software
PaymentsToAcquireAndDevelopSoftware
153000000
CY2019Q1 ibm Payments To Acquire And Develop Software
PaymentsToAcquireAndDevelopSoftware
156000000
CY2020Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
13000000
CY2019Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1000000
CY2020Q1 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
26000000
CY2019Q1 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
33000000
CY2020Q1 ibm Non Operating Finance Receivables Net
NonOperatingFinanceReceivablesNet
-20000000
CY2019Q1 ibm Non Operating Finance Receivables Net
NonOperatingFinanceReceivablesNet
193000000
CY2020Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1096000000
CY2019Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1138000000
CY2020Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
938000000
CY2019Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
674000000
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-902000000
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-853000000
CY2020Q1 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
6055000000
CY2019Q1 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
5979000000
CY2020Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
5285000000
CY2019Q1 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
1768000000
CY2020Q1 us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
586000000
CY2019Q1 us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
21000000
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
920000000
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
44000000
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
61000000
CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
13000000
CY2019Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
9000000
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1440000000
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1397000000
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-115000000
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1863000000
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-403000000
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-102000000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3057000000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5668000000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8314000000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11604000000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11371000000
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17272000000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
20985000000
CY2019Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-66000000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
1175000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-686000000
CY2020Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
489000000
CY2020Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.62
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1440000000
CY2020Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
935486
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
197000000
CY2020Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
310454
CY2020Q1 ibm Sales Treasury Stock Under Employee Plans Shares
SalesTreasuryStockUnderEmployeePlansShares
156471
CY2020Q1 ibm Purchases Sales Treasury Stock Under Employee Plans Net
PurchasesSalesTreasuryStockUnderEmployeePlansNet
-21000000
CY2020Q1 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-15000000
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
20128000000
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16929000000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
1591000000
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
308000000
CY2019Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1899000000
CY2019Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.57
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1397000000
CY2019Q1 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1391989
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
137000000
CY2019Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
454710
CY2019Q1 ibm Sales Treasury Stock Under Employee Plans Shares
SalesTreasuryStockUnderEmployeePlansShares
82862
CY2019Q1 ibm Purchases Sales Treasury Stock Under Employee Plans Net
PurchasesSalesTreasuryStockUnderEmployeePlansNet
-48000000
CY2019Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
6856678
CY2019Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
900000000
CY2019Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
5000000
CY2019Q1 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-8000000
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16607000000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1226000000
CY2020Q1 ibm Intra Entity Sale Intellectual Property Deferred Tax Asset
IntraEntitySaleIntellectualPropertyDeferredTaxAsset
3442000000
CY2020Q1 ibm Net Benefit Of Deferred Tax Asset
NetBenefitOfDeferredTaxAsset
939000000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
289000000
CY2020Q1 us-gaap Revenues
Revenues
17571000000
CY2019Q1 us-gaap Revenues
Revenues
18182000000
CY2020Q1 us-gaap Revenues
Revenues
17571000000
CY2019Q1 us-gaap Revenues
Revenues
18182000000
CY2020Q1 us-gaap Revenue Practical Expedient Remaining Performance Obligation
RevenuePracticalExpedientRemainingPerformanceObligation
true
CY2019 us-gaap Revenue Practical Expedient Remaining Performance Obligation
RevenuePracticalExpedientRemainingPerformanceObligation
true
CY2020Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
118000000000
CY2020Q1 ibm Revenue Remaining Performance Obligation Expected Timing Percentage
RevenueRemainingPerformanceObligationExpectedTimingPercentage
0.60
CY2020Q1 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P2Y
CY2020Q1 ibm Revenue Remaining Performance Obligation Expected Timing Percentage
RevenueRemainingPerformanceObligationExpectedTimingPercentage
0.35
CY2020Q1 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
-14000000
CY2020Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6927000000
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7870000000
CY2020Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
488000000
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
492000000
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
337000000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
299000000
CY2020Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
13377000000
CY2019Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
12026000000
CY2020Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
3769000000
CY2019Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
3851000000
CY2020Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4200000000
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1173000000
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1591000000
CY2020Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.31
CY2019 us-gaap Revenues
Revenues
77000000000
CY2020Q1 us-gaap Revenues
Revenues
17571000000
CY2019Q1 us-gaap Revenues
Revenues
18182000000
CY2020Q1 ibm Amortization Acquired Intangible Assets
AmortizationAcquiredIntangibleAssets
473000000
CY2019Q1 ibm Amortization Acquired Intangible Assets
AmortizationAcquiredIntangibleAssets
173000000
CY2020Q1 ibm Acquisition Related Charges
AcquisitionRelatedCharges
0
CY2019Q1 ibm Acquisition Related Charges
AcquisitionRelatedCharges
39000000
CY2020Q1 ibm Nonoperating Retirement Related Costs
NonoperatingRetirementRelatedCosts
264000000
CY2019Q1 ibm Nonoperating Retirement Related Costs
NonoperatingRetirementRelatedCosts
138000000
CY2020Q1 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
25000000
CY2019Q1 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-56000000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-49000000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1883000000
CY2020Q1 us-gaap Business Acquisition Percentage Of Voting Interests Acquired
BusinessAcquisitionPercentageOfVotingInterestsAcquired
1
CY2020Q1 ibm Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Percent
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductiblePercent
0.07
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1175000000
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1591000000
CY2020Q1 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
1176000000
CY2019Q1 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
1593000000
CY2020Q1 ibm Net Income Loss On Contingency Issuable Shares
NetIncomeLossOnContingencyIssuableShares
-2000000
CY2020Q1 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
1174000000
CY2019Q1 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
1593000000
CY2020Q1 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
-1000000
CY2019Q1 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
-2000000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
887969345
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
889581542
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5740415
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3372460
CY2020Q1 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
1329477
CY2019Q1 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
956524
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
895039238
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
893910526
CY2020Q1 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
1176000000
CY2019Q1 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
1593000000
CY2020Q1 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-1000000
CY2019Q1 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-2000000
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.78
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.31
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.78
CY2020Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.32
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.79
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.32
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.79
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesAvailableForSaleAllowanceForCreditLossPeriodIncreaseDecrease
0
CY2019Q1 us-gaap Other Than Temporary Impairment Loss Debt Securities Available For Sale Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesAvailableForSaleRecognizedInEarnings
0
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
52685000000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
54102000000
CY2020Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
56760000000
CY2019Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
58431000000
CY2020Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
20418000000
CY2020Q1 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
991000000
CY2020Q1 ibm Financing Receivable Guaranteed And Unguaranteed Residual Asset
FinancingReceivableGuaranteedAndUnguaranteedResidualAsset
646000000
CY2020Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
20072000000
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
238000000
CY2020Q1 us-gaap Notes Receivable Net
NotesReceivableNet
19834000000
CY2020Q1 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
12126000000
CY2020Q1 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
7708000000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
23504000000
CY2019Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
1083000000
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
22421000000
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
221000000
CY2019Q4 ibm Capital Leases Unguaranteed Residual Values Of Leased Property
CapitalLeasesUnguaranteedResidualValuesOfLeasedProperty
652000000
CY2019Q4 ibm Capital Leases Guaranteed Residual Values Of Leased Property
CapitalLeasesGuaranteedResidualValuesOfLeasedProperty
53000000
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
22904000000
CY2019Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
14192000000
CY2019Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
8712000000
CY2020Q1 us-gaap Loans And Leases Receivable Collateral For Secured Borrowings
LoansAndLeasesReceivableCollateralForSecuredBorrowings
914000000
CY2019Q4 us-gaap Loans And Leases Receivable Collateral For Secured Borrowings
LoansAndLeasesReceivableCollateralForSecuredBorrowings
1062000000
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<p style="font-family:'Times New Roman';font-size:10pt;line-height:1.19;margin:0pt;"><b style="font-weight:bold;">Allowance for Credit Losses – Financing Receivables</b></p><p style="font-family:'Times New Roman';font-size:10pt;line-height:1.19;margin:0pt;"><span style="font-weight:bold;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt;"><span style="white-space:pre-wrap;">Refer to note A, “Significant Accounting Policies,” in the company’s 2019 Annual Report for a full description of its accounting policies for trade and financing receivables, contract assets and related allowances. The descriptions below include any changes to those policies due to the new standard. </span></p><p style="font-family:'Times New Roman';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt 0pt 10pt 0pt;">Effective with the adoption of the new credit losses standard, the company’s estimates of its allowances for expected credit losses include consideration of: past events, including any historical default, historical concessions and resulting troubled debt restructurings, current economic conditions, taking into account any non-freestanding mitigating credit enhancements and certain forward-looking information, including reasonable and supportable forecasts. </p>
CY2020Q1 us-gaap Cost Of Goods Sold Sales Type Lease
CostOfGoodsSoldSalesTypeLease
76000000
CY2018Q4 us-gaap Goodwill
Goodwill
36265000000
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
23102000000
CY2019 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
24000000
CY2019 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
1257000000
CY2020Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2020Q1 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
211000000
CY2019Q1 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
149000000
CY2019Q1 us-gaap Cost Of Goods Sold Sales Type Lease
CostOfGoodsSoldSalesTypeLease
55000000
CY2020Q1 us-gaap Sales Type Lease Selling Profit Loss
SalesTypeLeaseSellingProfitLoss
135000000
CY2019Q1 us-gaap Sales Type Lease Selling Profit Loss
SalesTypeLeaseSellingProfitLoss
94000000
CY2020Q1 us-gaap Sales Type And Direct Financing Leases Interest Income
SalesTypeAndDirectFinancingLeasesInterestIncome
74000000
CY2019Q1 us-gaap Sales Type And Direct Financing Leases Interest Income
SalesTypeAndDirectFinancingLeasesInterestIncome
79000000
CY2020Q1 ibm Sales Type And Direct Financing Leases Lease Income
SalesTypeAndDirectFinancingLeasesLeaseIncome
208000000
CY2019Q1 ibm Sales Type And Direct Financing Leases Lease Income
SalesTypeAndDirectFinancingLeasesLeaseIncome
172000000
CY2020Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
71000000
CY2019Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
90000000
CY2020Q1 us-gaap Variable Lease Income
VariableLeaseIncome
30000000
CY2019Q1 us-gaap Variable Lease Income
VariableLeaseIncome
18000000
CY2020Q1 us-gaap Lease Income
LeaseIncome
310000000
CY2019Q1 us-gaap Lease Income
LeaseIncome
280000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
19181000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4515000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14666000000
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
19287000000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4052000000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
15235000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-92000000
CY2019 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-42000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
-569000000
CY2020Q1 ibm Amortization Of Intangible Assets Net Of Currency Impact
AmortizationOfIntangibleAssetsNetOfCurrencyImpact
622000000
CY2019Q1 ibm Amortization Of Intangible Assets Net Of Currency Impact
AmortizationOfIntangibleAssetsNetOfCurrencyImpact
303000000
CY2020Q1 ibm Intangible Assets Fully Amortized Retired
IntangibleAssetsFullyAmortizedRetired
154000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1787000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2137000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1846000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1375000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1313000000
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
6208000000
CY2019Q4 us-gaap Goodwill
Goodwill
58222000000
CY2020Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
10000000
CY2020Q1 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
12000000
CY2020Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
727000000
CY2020Q1 us-gaap Goodwill
Goodwill
57517000000
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-87000000
CY2019Q4 us-gaap Goodwill
Goodwill
58222000000
CY2020Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
7522000000
CY2020Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
11642000000
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
8797000000
CY2020Q1 ibm Debt Instrument Carrying Amount Excluding Finance Lease Obligations
DebtInstrumentCarryingAmountExcludingFinanceLeaseObligations
61170000000
CY2019Q4 ibm Debt Instrument Carrying Amount Excluding Finance Lease Obligations
DebtInstrumentCarryingAmountExcludingFinanceLeaseObligations
62003000000
CY2020Q1 ibm Finance Lease Weighted Average Interest Rate
FinanceLeaseWeightedAverageInterestRate
0.024
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
246000000
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
204000000
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
61417000000
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
62207000000
CY2020Q1 us-gaap Commercial Paper
CommercialPaper
2519000000
CY2019Q4 us-gaap Commercial Paper
CommercialPaper
304000000
CY2020Q1 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
934000000
CY2019Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
971000000
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
8190000000
CY2020Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
881000000
CY2019Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
881000000
CY2020Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
151000000
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
142000000
CY2020Q1 us-gaap Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedge
DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge
-491000000
CY2019Q4 us-gaap Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedge
DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge
-440000000
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
60875000000
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
61624000000
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
8190000000
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
7522000000
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
52685000000
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
54102000000
CY2020Q1 ibm Debt Covenant Limit Based On Net Tangible Assets
DebtCovenantLimitBasedOnNetTangibleAssets
0.10
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
5731000000
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
6897000000
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
7180000000
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
5342000000
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
113000000
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
118000000
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
6302000000
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
29964000000
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
61417000000
CY2020Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
5000000
CY2019Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2000000
CY2020Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
449000000
CY2019Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
391000000
CY2020Q1 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
Effective January 1, 2020, the company adopted the new standard on credit losses, which resulted in the recognition of a related allowance for non-cancellable off-balance sheet commitments. Refer to note 2, “Accounting Changes,” for additional information. The allowance for these commitments is recorded in other liabilities in the Consolidated Balance Sheet and was not material at March 31, 2020. The company collectively evaluates the allowance for these arrangements using a provision methodology consistent with the portfolio of the commitments. Refer to note 8, “Financing Receivables,” for additional information.The company has applied the guidance requiring a guarantor to disclose certain types of guarantees, even if the likelihood of requiring the guarantor’s performance is remote.
CY2020Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
20000000
CY2019Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
19000000
CY2020Q1 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-6000000
CY2019Q1 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-1000000
CY2020Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
26000000
CY2019Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
29000000
CY2020Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
100000000
CY2019Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
107000000
CY2020Q1 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<p style="font-family:'Times New Roman';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">The company operates in multiple functional currencies and is a significant lender and borrower in the global markets. In the normal course of business, the company is exposed to the impact of interest rate changes and foreign currency fluctuations, and to a lesser extent equity and commodity price changes and client credit risk. The company limits these risks by following established risk management policies and procedures, including the use of derivatives, and, where cost effective, financing with debt in the currencies in which assets are denominated. For interest rate exposures, derivatives are used to better align rate movements between the interest rates associated with the company’s lease and other financial assets and the interest rates associated with its financing debt. Derivatives are also used to manage the related cost of debt. For foreign currency exposures, derivatives are used to better manage the cash flow volatility arising from foreign exchange rate fluctuations.</p><p style="font-family:'Times New Roman';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">In the Consolidated Balance Sheet, the company does not offset derivative assets against liabilities in master netting arrangements nor does it offset receivables or payables recognized upon payment or receipt of cash collateral against the fair values of the related derivative instruments. The amount recognized in accounts payable for the obligation to return cash collateral at March 31, 2020 was $2 million and no amount was recognized at December 31, 2019. No amount was recognized in other accounts receivable for the right to reclaim cash collateral at March 31, 2020 and $26 million was recognized at December 31, 2019. The company restricts the use of cash collateral received to rehypothecation, and therefore reports it in restricted cash in the Consolidated Balance Sheet. No amount was rehypothecated at March 31, 2020 and December 31, 2019. Additionally, if derivative exposures covered by a qualifying master netting agreement had been netted in the Consolidated Balance Sheet at <span style="-sec-ix-hidden:Hidden_8hTRKMuXAUKtLYv9Y96jUQ"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;line-height:1.19;text-align:left;">March 31, 2020</span></span> and <span style="-sec-ix-hidden:Hidden_SI3TKblFcUqzkWUUsp_AwA"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;line-height:1.19;text-align:left;">December 31, 2019</span></span>, the total derivative asset and liability positions each would have been reduced by $249 million and $194 million, respectively.</p><p style="font-family:'Times New Roman';font-size:10pt;line-height:1.19;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">In its hedging programs, the company may use forward contracts, futures contracts, interest-rate swaps, cross-currency swaps, equity swaps, and options depending upon the underlying exposure. The company is not a party to leveraged derivative instruments.</p>
CY2020Q1 ibm Cash Collateral Rehypothecated
CashCollateralRehypothecated
0
CY2019Q4 ibm Cash Collateral Rehypothecated
CashCollateralRehypothecated
0
CY2020Q1 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
249000000
CY2019Q4 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
194000000
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
5955000000
CY2019Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
4691000000
CY2020Q1 ibm Other Income And Expense
OtherIncomeAndExpense
182000000
CY2019Q1 ibm Other Income And Expense
OtherIncomeAndExpense
-73000000
CY2020Q1 us-gaap Interest Expense
InterestExpense
326000000
CY2019Q1 us-gaap Interest Expense
InterestExpense
210000000
CY2020Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-146000000
CY2019Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
212000000
CY2020Q1 us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
-50000000
CY2019Q1 us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
-69000000
CY2020Q1 us-gaap Derivatives Methods Of Accounting Hedge Effectiveness
DerivativesMethodsOfAccountingHedgeEffectiveness
<table style="border-collapse:collapse;font-family:'Times New Roman';font-size:10pt;line-height:1.19;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Times New Roman';font-size:9pt;vertical-align:text-top;white-space:nowrap;width:13.5pt;padding:0pt;">(3)</td><td style="padding:0pt;"><span style="color:#000000;font-family:'Times New Roman';font-size:8pt;font-style:normal;font-weight:normal;line-height:1.19;text-align:left;">The company’s policy is to recognize all fair value changes in amounts excluded from effectiveness testing in net income each period.</span></td></tr></table>
CY2020Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
45000000
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
189000000
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
113000000
CY2019Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
25000000
CY2020Q1 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
144000000
CY2019Q1 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
88000000
CY2020Q1 ibm Change In Pretax Stock Based Compensation
ChangeInPretaxStockBasedCompensation
76000000
CY2020Q1 ibm Change In Pretax Stock Based Compensation Attributable To Conversion Of Awards Issued By Acquirees
ChangeInPretaxStockBasedCompensationAttributableToConversionOfAwardsIssuedByAcquirees
65000000
CY2020Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1200000000
CY2020Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y6M
CY2020Q1 us-gaap Pension Expense
PensionExpense
584000000
CY2019Q1 us-gaap Pension Expense
PensionExpense
437000000
CY2020Q1 ibm Pension Expense Change Percent
PensionExpenseChangePercent
0.337
CY2020Q1 us-gaap Other Postretirement Benefit Expense
OtherPostretirementBenefitExpense
52000000
CY2019Q1 us-gaap Other Postretirement Benefit Expense
OtherPostretirementBenefitExpense
54000000
CY2020Q1 ibm Other Postretirement Benefit Expense Change Percent
OtherPostretirementBenefitExpenseChangePercent
-0.041
CY2020Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
636000000
CY2019Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
491000000
CY2020Q1 ibm Pension And Other Postretirement Benefit Expense Change Percent
PensionAndOtherPostretirementBenefitExpenseChangePercent
0.295
CY2020Q1 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
217000000
CY2019Q1 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
288000000

Files In Submission

Name View Source Status
0001558370-20-004491-index-headers.html Edgar Link pending
0001558370-20-004491-index.html Edgar Link pending
0001558370-20-004491.txt Edgar Link pending
0001558370-20-004491-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
ibm-20200331.xsd Edgar Link pending
ibm-20200331ex101b6fe84.htm Edgar Link pending
ibm-20200331ex311a5d6f1.htm Edgar Link pending
ibm-20200331ex31205ff37.htm Edgar Link pending
ibm-20200331ex3215b1f22.htm Edgar Link pending
ibm-20200331ex3224c26ee.htm Edgar Link pending
ibm-20200331x10q.htm Edgar Link pending
ibm-20200331x10q_htm.xml Edgar Link completed
ibm-20200331_cal.xml Edgar Link unprocessable
ibm-20200331_def.xml Edgar Link unprocessable
ibm-20200331_lab.xml Edgar Link unprocessable
ibm-20200331_pre.xml Edgar Link unprocessable
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending