CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 13,197	$ 13,068
Restricted cash	17	21
Marketable securities	505	373
Notes and accounts receivable — trade (net of allowances of $132 in 2024 and $192 in 2023)	5,390	7,214
Short-term financing receivables:
Held for investment (net of allowances of $115 in 2024 and $129 in 2023)	5,256	6,102
Held for sale	509	692
Other accounts receivable (net of allowances of $35 in 2024 and $109 in 2023)	928	640
Inventory, at lower of average cost or net realizable value:
Finished goods	169	78
Work in process and raw materials	1,199	1,083
Total inventory	1,367	1,161
Deferred costs	966	998
Prepaid expenses and other current assets	2,408	2,639
Total current assets	30,543	32,908
Property, plant and equipment	17,994	18,122
Less: Accumulated depreciation	12,380	12,621
Property, plant and equipment — net	5,614	5,501
Operating right-of-use assets — net	3,355	3,220
Long-term financing receivables (net of allowances of $17 in 2024 and $27 in 2023)	4,931	5,766
Prepaid pension assets	7,975	7,506
Deferred costs	788	842
Deferred taxes	6,943	6,656
Goodwill	61,092	60,178
Intangible assets — net	11,090	11,036
Investments and sundry assets	2,009	1,626
Total assets	134,339	135,241
Current liabilities:
Taxes	1,584	2,270
Short-term debt	3,599	6,426
Accounts payable	3,274	4,132
Compensation and benefits	3,250	3,501
Deferred income	12,882	13,451
Operating lease liabilities	790	820
Other accrued expenses and liabilities	3,474	3,521
Total current liabilities	28,853	34,122
Long-term debt	52,980	50,121
Retirement and nonpension postretirement benefit obligations	10,366	10,808
Deferred income	3,666	3,533
Operating lease liabilities	2,757	2,568
Other liabilities	11,186	11,475
Total liabilities	109,809	112,628
IBM stockholders’ equity:
Common stock	61,013	59,643
Retained earnings	149,789	151,276
Treasury stock - at cost	(169,935)	(169,624)
Accumulated other comprehensive income/(loss)	(16,418)	(18,761)
Total IBM stockholders’ equity	24,448	22,533
Noncontrolling interests	82	80
Total equity	24,530	22,613
Total liabilities and equity	$ 134,339	$ 135,241