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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, 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
Net income plus other comprehensive income/(loss)              
Net income 10,593 [1] 10,593   10,593      
Other comprehensive income/(loss) (445) (445)       (445)  
Total comprehensive income 10,148 10,148          
Cash dividends paid - common stock (6,255) (6,255)   (6,255)      
Common stock issued under employee plans 1,937 1,937 1,937        
Purchases and sales of treasury stock under employee plans - net (490) (490)   148 (637)    
Changes in noncontrolling interests 7           7
Balance at the end of the period at Dec. 31, 2025 $ 32,740 $ 32,648 $ 63,318 $ 155,648 $ (170,605) $ (15,713) $ 93
[1] Refer to "Basis of Presentation" in note A, "Significant Accounting Policies," for additional information.