CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 14,603	$ 13,068
Restricted cash	162	21
Marketable securities	4,512	373
Notes and accounts receivable — trade (net of allowances of $152 in 2024 and $192 in 2023)	6,041	7,214
Short-term financing receivables:
Held for investment (net of allowances of $125 in 2024 and $129 in 2023)	4,877	6,102
Held for sale	644	692
Other accounts receivable (net of allowances of $38 in 2024 and $109 in 2023)	760	640
Inventory, at lower of average cost or net realizable value:
Finished goods	131	78
Work in process and raw materials	1,081	1,083
Total inventory	1,212	1,161
Deferred costs	1,047	998
Prepaid expenses and other current assets	2,804	2,639
Total current assets	36,663	32,908
Property, plant and equipment	18,071	18,122
Less: Accumulated depreciation	12,477	12,621
Property, plant and equipment — net	5,594	5,501
Operating right-of-use assets — net	3,204	3,220
Long-term financing receivables (net of allowances of $20 in 2024 and $27 in 2023)	4,927	5,766
Prepaid pension assets	7,545	7,506
Deferred costs	810	842
Deferred taxes	6,465	6,656
Goodwill	59,534	60,178
Intangible assets — net	10,750	11,036
Investments and sundry assets	1,678	1,626
Total assets	137,169	135,241
Current liabilities:
Taxes	1,710	2,270
Short-term debt	5,471	6,426
Accounts payable	3,588	4,132
Compensation and benefits	3,190	3,501
Deferred income	14,051	13,451
Operating lease liabilities	784	820
Other accrued expenses and liabilities	3,605	3,521
Total current liabilities	32,397	34,122
Long-term debt	54,033	50,121
Retirement and nonpension postretirement benefit obligations	10,421	10,808
Deferred income	3,488	3,533
Operating lease liabilities	2,583	2,568
Other liabilities	10,914	11,475
Total liabilities	113,836	112,628
IBM stockholders’ equity:
Common stock	60,145	59,643
Retained earnings	151,362	151,276
Treasury stock - at cost	(169,759)	(169,624)
Accumulated other comprehensive income/(loss)	(18,488)	(18,761)
Total IBM stockholders’ equity	23,261	22,533
Noncontrolling interests	72	80
Total equity	23,333	22,613
Total liabilities and equity	$ 137,169	$ 135,241