Stock Analysis on Net

International Business Machines Corp. (NYSE:IBM)

Balance Sheet: Liabilities and Stockholders’ Equity

International Business Machines Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Taxes 2,033 2,270 2,196 2,289 3,301
Short-term debt 5,089 6,426 4,760 6,787 7,183
Accounts payable 4,032 4,132 4,051 3,955 4,908
Compensation and benefits 3,605 3,501 3,481 3,204 3,440
Deferred income 13,907 13,451 12,032 12,518 12,833
Current operating lease liabilities 768 820 874 974 1,357
Other accrued expenses and liabilities 3,708 3,522 4,111 3,892 6,847
Current liabilities 33,142 34,122 31,505 33,619 39,869
Long-term debt, excluding current maturities 49,884 50,121 46,189 44,917 54,355
Retirement and nonpension postretirement benefit obligations 9,432 10,808 9,596 14,435 18,248
Deferred income 3,622 3,533 3,499 3,577 4,301
Noncurrent operating lease liabilities 2,655 2,568 2,190 2,462 3,574
Income tax reserves 6,865 6,916 6,404 6,179 5,274
Deferred taxes 815 1,146 2,292 3,956 5,472
Excess Savings Plan 1,445 1,437 1,307 1,686 1,635
Disability benefits 274 308 303 359 452
Derivative liabilities 463 299 488 103 40
Workforce reductions 445 526 524 752 956
Environmental accruals 204 206 243 224 246
Other 537 638 682 736 822
Other liabilities 11,048 11,476 12,243 13,995 14,897
Noncurrent liabilities 76,641 78,506 73,717 79,386 95,375
Total liabilities 109,783 112,628 105,222 113,005 135,244
Common stock, par value $.20 per share, and additional paid-in capital 61,380 59,643 58,343 57,319 56,556
Retained earnings 151,163 151,275 149,825 154,209 162,717
Treasury stock, at cost (169,967) (169,624) (169,484) (169,393) (169,339)
Accumulated other comprehensive loss (15,269) (18,761) (16,740) (23,234) (29,337)
Total IBM stockholders’ equity 27,307 22,533 21,944 18,901 20,597
Noncontrolling interests 86 80 77 95 130
Total equity 27,393 22,613 22,021 18,996 20,727
Total liabilities and equity 137,176 135,241 127,243 132,001 155,971

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. International Business Machines Corp. current liabilities increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. International Business Machines Corp. noncurrent liabilities increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. International Business Machines Corp. total liabilities increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Total IBM stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. International Business Machines Corp. total IBM stockholders’ equity increased from 2022 to 2023 and from 2023 to 2024.