Stock Analysis on Net
Stock Analysis on Net

International Business Machines Corp. (NYSE:IBM)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

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

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Taxes 1.68 1.73 1.73 2.12 1.87
Short-term debt 4.75 3.74 5.14 4.61 5.78
Accounts payable 3.06 3.18 3.00 3.15 3.22
Compensation and benefits 2.59 2.74 2.43 2.21 2.24
Deferred income 9.95 9.46 9.48 8.23 7.90
Current operating lease liabilities 0.61 0.69 0.74 0.87 0.91
Other accrued expenses and liabilities 2.60 3.23 2.95 4.39 2.86
Current liabilities 25.23% 24.76% 25.47% 25.56% 24.77%
Long-term debt, excluding current maturities 37.06 36.30 34.03 34.85 35.55
Retirement and nonpension postretirement benefit obligations 7.99 7.54 10.94 11.70 11.26
Deferred income 2.61 2.75 2.71 2.76 2.53
Noncurrent operating lease liabilities 1.90 1.72 1.87 2.29 2.55
Income tax reserves 5.11 5.03 4.68 3.38 3.36
Deferred taxes 0.85 1.80 3.00 3.51 3.44
Excess 401(k) Plus Plan 1.06 1.03 1.28 1.05 1.00
Disability benefits 0.23 0.24 0.27 0.29 0.31
Derivative liabilities 0.22 0.38 0.08 0.03 0.33
Workforce reductions 0.39 0.41 0.57 0.61 0.48
Environmental accruals 0.15 0.19 0.17 0.16 0.17
Other 0.47 0.54 0.56 0.53 0.46
Other liabilities 8.49% 9.62% 10.60% 9.55% 9.55%
Noncurrent liabilities 58.05% 57.93% 60.14% 61.15% 61.44%
Total liabilities 83.28% 82.69% 85.61% 86.71% 86.21%
Common stock, par value $.20 per share, and additional paid-in capital 44.10 45.85 43.42 36.26 36.73
Retained earnings 111.86 117.75 116.82 104.33 107.07
Treasury stock, at cost -125.42 -133.20 -128.33 -108.57 -111.32
Accumulated other comprehensive loss -13.87 -13.16 -17.60 -18.81 -18.79
Total IBM stockholders’ equity 16.66% 17.25% 14.32% 13.21% 13.69%
Noncontrolling interests 0.06 0.06 0.07 0.08 0.09
Total equity 16.72% 17.31% 14.39% 13.29% 13.79%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 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), 10-K (reporting date: 2019-12-31).

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 as a percentage of total liabilities and equity decreased from 2021 to 2022 but then increased from 2022 to 2023 not reaching 2021 level.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. International Business Machines Corp. noncurrent liabilities as a percentage of total liabilities and equity decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
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 as a percentage of total liabilities and equity decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
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 as a percentage of total liabilities and equity increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.