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CONSOLIDATED STATEMENT OF EQUITY - USD ($)
$ in Millions
Total
Total IBM Stockholders’ Equity
Common Stock and Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income/(Loss)
Non- Controlling Interests
Balance at the beginning of the period at Dec. 31, 2021 $ 18,996 $ 18,901 $ 57,319 $ 154,209 $ (169,392) $ (23,234) $ 95
Net income plus other comprehensive income/(loss)              
Net income 1,639 [1] 1,639   1,639      
Other comprehensive income/(loss) 6,494 6,494       6,494  
Total comprehensive income 8,134 8,134          
Cash dividends paid - common stock (5,948) (5,948)   (5,948)      
Common stock issued under employee plans 962 962 962        
Purchases and sales of treasury stock under employee plans - net (104) (104)   (12) (92)    
Other equity 0 0 63 (63)      
Changes in noncontrolling interests (18)           (18)
Balance at the end of the period at Dec. 31, 2022 22,021 21,944 58,343 149,825 (169,484) (16,740) 77
Net income plus other comprehensive income/(loss)              
Net income 7,502 [1] 7,502   7,502      
Other comprehensive income/(loss) (2,021) (2,021)       (2,021)  
Total comprehensive income 5,481 5,481          
Cash dividends paid - common stock (6,040) (6,040)   (6,040)      
Common stock issued under employee plans 1,300 1,300 1,300        
Purchases and sales of treasury stock under employee plans - net (152) (152)   (11) (140)    
Changes in noncontrolling interests 3           3
Balance at the end of the period at Dec. 31, 2023 22,613 22,533 59,643 151,276 (169,624) (18,761) 80
Net income plus other comprehensive income/(loss)              
Net income 6,023 [1] 6,023   6,023      
Other comprehensive income/(loss) 3,492 3,492       3,492  
Total comprehensive income 9,516 9,516          
Cash dividends paid - common stock (6,147) (6,147)   (6,147)      
Common stock issued under employee plans 1,737 1,737 1,737        
Purchases and sales of treasury stock under employee plans - net (332) (332)   11 (343)    
Changes in noncontrolling interests 6           6
Balance at the end of the period at Dec. 31, 2024 $ 27,393 $ 27,307 $ 61,380 $ 151,163 $ (169,968) $ (15,269) $ 86
[1] 2024 and 2022 include the impacts of pension settlement charges. Refer to note U, “Retirement-Related Benefits,” for additional information.