SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

12 Months Ended

Dec. 31, 2025

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

SCHEDULE II

INTERNATIONAL BUSINESS MACHINES CORPORATION AND SUBSIDIARY COMPANIES

VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

For the Years Ended December 31:

(Dollars in Millions)

Description	Balance at Beginning of Period		Balance at End of Period
Allowance For Credit Losses (1)
2025	$	273	$	276
2024	$	457	$	273
2023	$	495	$	457
Allowance For Inventory Losses
2025	$	577	$	535
2024	$	658	$	577
2023	$	631	$	658
Revenue Based Provisions
2025	$	298	$	388
2024	$	480	$	298
2023	$	424	$	480

(1) The majority of the write-offs during the period related to receivables which had been previously reserved.

Additions/deductions and write-offs for allowances and Revenue Based Provisions were not material for any of the periods presented.