International Business Machines Corp. (IBM)

International Business Machines Corp., adjusted current assets

USD $ in millions

		Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
	As Reported
	Current assets
	Adjustments
	Add: Allowances for doubtful notes and accounts receivable
	Less: Current deferred tax assets1
	After Adjustment
	Adjusted current assets

Based on: 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-28), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-24).

International Business Machines Corp., adjusted total assets

USD $ in millions

		Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
	As Reported
	Total assets
	Adjustments
	Add: Operating leased assets1
	Add: Allowances for doubtful notes and accounts receivable
	Less: Current deferred tax assets2
	Less: Noncurrent deferred tax assets3
	After Adjustment
	Adjusted total assets

Based on: 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-28), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-24).

International Business Machines Corp., adjusted current liabilities

USD $ in millions

		Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
	As Reported
	Current liabilities
	Adjustments
	Less: Current deferred tax liabilities1
	Less: Current deferred income
	Less: Product warranty liability, current portion
	After Adjustment
	Adjusted current liabilities

Based on: 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-28), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-24).

International Business Machines Corp., adjusted total liabilities

USD $ in millions

		Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
	As Reported
	Total liabilities
	Adjustments
	Add: Operating lease obligations1
	Less: Current deferred tax liabilities2
	Less: Noncurrent deferred tax liabilities3
	Less: Deferred income
	Less: Product warranty liability
	After Adjustment
	Adjusted total liabilities

Based on: 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-28), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-24).

International Business Machines Corp., adjusted total IBM stockholders’ equity

USD $ in millions

		Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
	As Reported
	Total IBM stockholders’ equity
	Adjustments
	Less: Net deferred tax assets (liabilities)1
	Add: Allowances for doubtful notes and accounts receivable
	Add: Deferred income
	Add: Product warranty liability
	Add: Noncontrolling interests
	After Adjustment
	Adjusted total IBM stockholders’ equity

Based on: 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-28), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-24).

International Business Machines Corp., adjusted capitalization table

USD $ in millions

		Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
	As Reported
	Short-term debt
	Long-term debt
	Total reported debt
	Total IBM stockholders’ equity
	Total reported capital
	Adjustments to Debt
	Add: Operating lease obligations1
	Adjusted total debt
	Adjustments to Equity
	Less: Net deferred tax assets (liabilities)2
	Add: Allowances for doubtful notes and accounts receivable
	Add: Deferred income
	Add: Product warranty liability
	Add: Noncontrolling interests
	Adjusted total IBM stockholders’ equity
	After Adjustment
	Adjusted total capital

Based on: 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-28), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-24).

International Business Machines Corp., adjusted revenue

USD $ in millions

	12 months ended	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
	As Reported
	Revenue
	Adjustments
	Add: Increase (decrease) in deferred income
	After Adjustment
	Adjusted revenue

Based on: 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-28), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-24).

International Business Machines Corp., adjusted net income attributable to IBM

USD $ in millions

	12 months ended	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
	As Reported
	Net income attributable to IBM
	Adjustments
	Add: Deferred income tax expense (benefit)1
	Add: Increase (decrease) in allowances for doubtful notes and accounts receivable
	Add: Increase (decrease) in deferred income
	Add: Increase (decrease) in product warranty liability
	Less: Income (loss) from discontinued operations, net of tax
	Add: Other comprehensive income (loss)
	Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest
	After Adjustment
	Adjusted net income attributable to IBM

Based on: 10-K (filing date: 2019-02-26), 10-K (filing date: 2018-02-27), 10-K (filing date: 2017-02-28), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-24).