CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 12,210	$ 13,068
Restricted cash	2,268	21
Marketable securities	1,481	373
Notes and accounts receivable — trade (net of allowances of $129 in 2024 and $192 in 2023)	5,769	7,214
Short-term financing receivables:
Held for investment (net of allowances of $115 in 2024 and $129 in 2023)	5,075	6,102
Held for sale	723	692
Other accounts receivable (net of allowances of $36 in 2024 and $109 in 2023)	757	640
Inventory, at lower of average cost or net realizable value:
Finished goods	141	78
Work in process and raw materials	1,093	1,083
Total inventory	1,234	1,161
Deferred costs	997	998
Prepaid expenses and other current assets	2,784	2,639
Total current assets	33,299	32,908
Property, plant and equipment	17,911	18,122
Less: Accumulated depreciation	12,311	12,621
Property, plant and equipment — net	5,600	5,501
Operating right-of-use assets — net	3,130	3,220
Long-term financing receivables (net of allowances of $21 in 2024 and $27 in 2023)	5,483	5,766
Prepaid pension assets	7,630	7,506
Deferred costs	820	842
Deferred taxes	6,378	6,656
Goodwill	59,416	60,178
Intangible assets — net	10,251	11,036
Investments and sundry assets	1,840	1,626
Total assets	133,848	135,241
Current liabilities:
Taxes	1,691	2,270
Short-term debt	3,602	6,426
Accounts payable	3,631	4,132
Compensation and benefits	3,125	3,501
Deferred income	13,643	13,451
Operating lease liabilities	762	820
Other accrued expenses and liabilities	3,195	3,521
Total current liabilities	29,648	34,122
Long-term debt	52,929	50,121
Retirement and nonpension postretirement benefit obligations	10,200	10,808
Deferred income	3,489	3,533
Operating lease liabilities	2,546	2,568
Other liabilities	10,932	11,475
Total liabilities	109,745	112,628
IBM stockholders’ equity:
Common stock	60,501	59,643
Retained earnings	151,659	151,276
Treasury stock - at cost	(169,815)	(169,624)
Accumulated other comprehensive income/(loss)	(18,319)	(18,761)
Total IBM stockholders’ equity	24,026	22,533
Noncontrolling interests	77	80
Total equity	24,103	22,613
Total liabilities and equity	$ 133,848	$ 135,241