INTERNATIONAL BUSINESS MACHINES CORP Balance Sheet Charts

12 snapshots of history · ending 2026-03-31 · SEC EDGAR

Source:10-K · 10-Q

Assets vs Liabilities

Cash Position Breakdown

Debt Structure

Working Capital Components

Capital Structure (LT Debt / Cash / Equity)

Total Assets↑+7.3% +$10.56B
$156.23B
Current Assets↓-9.7% -$3.42B
$31.91B
Cash & Equivalents↓-2.0% -$216M
$10.82B
ST Investments
Receivables↑+10.9% +$636M
$6.49B
Inventory↑+3.1% +$45M
$1.48B
Net PPE
$5.37B
Goodwill↑+13.1% +$8.64B
$74.71B
Intangibles↑+18.0% +$2.23B
$14.62B
Total Liabilities↑+3.8% +$4.46B
$123.17B
Current Liabilities↑+14.2% +$5.00B
$40.10B
Account Payables↑+12.7% +$454M
$4.04B
Long-Term Debt↑+2.4% +$1.33B
$57.71B
Short-Term Debt↑+25.2% +$1.74B
$8.65B
Stockholders Equity↑+22.3% +$6.02B
$32.97B
Retained Earnings↑+3.1% +$4.62B
$155.33B
Operating Lease ROU Asset↓-3.1% -$104M
$3.22B
Operating Lease Liability↓-4.0% -$110M
$2.64B
Finance Lease ROU Asset↑+18.9% +$186M
$1.17B
Operating Lease CostNEW↑+0.9% +$9M
$1.03B
Gross PP&E
$18.22B
Accumulated Depreciation
$12.85B
Inventory Finished Goods↑+32.0% +$65M
$268M
Debt Due Y1↑+6.1% +$388M
$6.72B
Debt Due Y2↓-6.7% -$435M
$6.03B
Debt Due Y3↑+12.0% +$600M
$5.59B
Debt Due Y4↓-10.5% -$525M
$4.46B
Debt Due Y5↓-8.8% -$434M
$4.49B
Debt Due >Y5↑+16.0% +$4.73B
$34.35B
Total Debt Carrying Amount↑+3.0% +$1.94B
$66.34B
Contract AssetNEW↑+18.5% +$86M
$551M
Contract LiabilityNEW
Contract Liability (Current)NEW
Contract Liability (Noncurrent)NEW
Remaining Performance ObligationNEW↑+7.8% +$5.00B
$69.00B
Pension Net Periodic CostNEW↓-76.2% -$3.41B
$1.07B

INTERNATIONAL BUSINESS MACHINES CORP — Equity RollforwardNEW

Per-period stockholders' equity flows + ending balances by component, sourced from the issuer's 10-K dimensional XBRL on us-gaap:StatementEquityComponentsAxis. Positive flows (Net Income / OCI / SBC / Stock Issuance) above the axis; negative flows (Dividends / Buybacks / Tax Withholding) below. Net change in equity per period = sum of bars.

Common + APIC

$63.3B

3.2%

Retained Earnings

$155.6B

3.0%

AOCI

−$15.7B

2.9%

Treasury Stock

−$170.6B

0.4%

NCI

$93.0M

8.1%

Total Equity

INTERNATIONAL BUSINESS MACHINES CORP — Long-Term Debt ScheduleNEW

Per-bond schedule sourced from us-gaap:DebtInstrumentAxis dimensional XBRL. Stated rates converted from XBRL's decimal convention (e.g. 0.052) to percent (5.20%).

Total Face

$7.45B

Total Carrying

$42.10B

Weighted Avg Rate

3.50%

InstrumentStated RateFaceCarryingEffective Rate
Euro Fixed Rate Notes3.00%$3.30B
U.S Dollar Fixed Rate Notes4.00%$3.25B
Euro Floating Rate Notes$900.0M
Maturing2026$5.80B3.70%
Maturing2027$4.12B3.30%
Maturing2029$3.76B3.60%
Maturing2049$3.00B4.30%
Maturing2039$2.75B4.50%
Maturing2032$2.70B4.60%
Maturing2030$2.35B3.20%
Maturing2028$2.32B4.80%
Maturing2052$1.40B4.20%
Maturing2054$1.40B5.30%
Maturing2043$1.17B4.00%
Maturing2042$1.11B4.00%
Maturing2037$1.06B3.50%
Maturing2034$1.00B4.90%
Maturing2044$1.00B5.30%
Maturing2055$1.00B5.70%
Maturing2035$900.0M5.20%
Notes Payable Maturing Between20262028$811.0M1.00%
Maturing2033$750.0M4.80%
Maturing2050$750.0M3.00%
Maturing2040$650.0M2.90%
Maturing2046$650.0M4.70%
Maturing2053$650.0M5.10%
Maturing2031$500.0M4.80%
Maturing2096$316.0M7.10%
Maturing2038$83.0M8.00%
Notes Payable Maturing Between20252027$78.0M13.80%
Maturing2045$27.0M7.00%
Maturing20255.10%

INTERNATIONAL BUSINESS MACHINES CORP — Pension & OPEBNEW

Per-plan-type defined-benefit + post-retirement disclosures sourced from us-gaap:RetirementPlanTypeAxis dimensional XBRL. Funded status (= plan assets − benefit obligation) is the headline signal — negative values mean the plan is underfunded and the gap sits on the balance sheet as hidden leverage. Discount-rate and expected-return assumptions drive the obligation calculation; small assumption changes cause large swings in the projected liability.

Pension

Pension Plans Defined Benefit

As of 2026-12-31

Plan Assets

$18.07B

Benefit Obligation

$13.21B

Funded Status

+$4.87B

Discount Rate

5.20%

Expected Return

5.75%

Net Periodic Cost

$307.0M

Service Cost

$352.0M

Interest Cost

$748.0M

Employer Contrib.

$0

Funded Status Trend

OPEB

Other Postretirement Benefit Plans Defined Benefit

As of 2026-12-31

Plan Assets

$5.0M

Benefit Obligation

$2.22B

Funded StatusUNDERFUNDED

−$2.22B

Discount Rate

4.80%

Expected Return

8.25%

Net Periodic Cost

$86.0M

Service Cost

$2.0M

Interest Cost

$114.0M

Employer Contrib.

$204.0M

Funded Status Trend

INTERNATIONAL BUSINESS MACHINES CORP — Hedging ActivityNEW

Per-axis derivative-disclosure decomposition sourced from us-gaap:HedgingDesignationAxis and us-gaap:DerivativeInstrumentRiskAxis dimensional XBRL. Designation tells the accounting treatment (designated = earnings volatility bypassed via OCI; nondesignated = mark-to-market through P&L). Risk class tells what's being hedged.

By Hedge Designation

Nondesignated

Notional

$6.40B

Fair Value

/

MemberClassNotionalFV AssetFV LiabilityGain / Loss
Not Designated As Hedging Instrument Economic HedgeNondesignated$6.40B

By Risk Class

Other

Notional

$16.40B

Fair Value

/

Foreign Exchange

Notional

$15.60B

Fair Value

/

Interest Rate

Notional

$6.72B

Fair Value

/

Equity

Notional

$1.50B

Fair Value

/

MemberClassNotionalFV AssetFV LiabilityGain / Loss
Equity Contracts Hedging Employee Compensation ObligationsEquity$1.50B
Foreign Currency Denominated DebtOther$16.40B
Foreign Exchange ContractForeign Exchange$4.80B
Foreign Exchange ForwardForeign Exchange$10.80B
Interest Rate SwapInterest Rate$6.72B

By Hedge Relationship — Gain/Loss Flow Attribution

Where the derivative gain/loss actually flows. Cash Flow sits in OCI buffer until the hedged item hits the income statement; Fair Value flows through P&L immediately; Net Investment sits in OCI's CTA bucket forever (until divestiture) — the hidden earnings-stability mechanism most P&L-only readers miss.

Net Investment Hedging (CTA / OCI)

Notional

$16.40B

Fair Value

/

Cash Flow Hedging (OCI buffer)

Notional

$10.80B

Fair Value

/

Fair Value Hedging (P&L)

Notional

$6.70B

Fair Value

/

MemberClassNotionalFV AssetFV LiabilityGain / Loss
Cash Flow HedgingCash Flow Hedging (OCI buffer)$10.80B
Fair Value HedgingFair Value Hedging (P&L)$6.70B
Net Investment HedgingNet Investment Hedging (CTA / OCI)$16.40B

INTERNATIONAL BUSINESS MACHINES CORP — PP&E by TypeNEW

Capitalized-asset breakdown sourced from us-gaap:PropertyPlantAndEquipmentByTypeAxis dimensional XBRL. Surfaces the "where capex is flowing" story — servers/networking dominate cloud-infra builds (AMZN, META), upstream equipment dominates energy capex (XOM), vehicles/fleet dominate auto-OEMs (TSLA).

By CategoryAs of 2025-12-31 · Total Gross $17.87B

Machinery & Equipment

$12.88B

72.1% of total

Leasehold Improvements

$4.81B

26.9% of total

Land & Buildings

$182.0M

1.0% of total

MemberClassGrossAccum. Dep.NetUseful Life
Information Technology Equipment Including Rental MachinesMachinery & Equipment$8.88B
Buildings And Building And Leasehold ImprovementsLeasehold Improvements$4.81B
Production Engineering Office And Other EquipmentMachinery & Equipment$4.00B
L and And L and ImprovementsLand & Buildings$182.0M

INTERNATIONAL BUSINESS MACHINES CORP — Goodwill by SegmentNEW

Per-segment goodwill allocation sourced from us-gaap:StatementBusinessSegmentsAxis dimensional XBRL. Surfaces the impairment-watch story (shrinking goodwill = real write-down loss masked behind GAAP non-cash label) and where the latest M&A landed (acquired-period column).

As of 2025-12-31 · Total Goodwill $5.64B

SegmentGoodwillAcquired (Period)ImpairmentFX Translation
Infrastructure77.8%$4.39B+$26M
Consulting13.8%$781M+$908M+$217M
Software8.4%$473M+$5.00B+$855M
All Other Segments0.0%

INTERNATIONAL BUSINESS MACHINES CORP — Pension Plan Asset AllocationNEW

Per-asset-category breakdown of the pension plan, sourced from us-gaap:DefinedBenefitPlanByPlanAssetCategoriesAxis dimensional XBRL. Tells the de-risking story — mature plans shift from equity to fixed income as obligations approach payout. Target vs actual allocation column shows the rebalancing signal.

By CategoryAs of 2025-12-31 · Total Plan Assets $10.71B

CategoryFair ValueActual %Target %Δ vs Target
Other$5.87B54.8%17.0%
Private Equity$1.75B16.4%
Cash & Equivalents$1.73B16.2%
Equity Securities$1.09B10.2%15.0%
Fixed Income / Debt$268M2.5%55.0%
Asset / Mortgage-Backed
Derivatives
Real Estate