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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, 2024 $ 27,393 $ 27,307 $ 61,380 $ 151,163 $ (169,968) $ (15,269) $ 86
Net income plus other comprehensive income/(loss):              
Net income 1,055 1,055   1,055      
Other comprehensive income/(loss) (306) (306)       (306)  
Total comprehensive income 749 749          
Cash dividends paid — common stock (1,549) (1,549)   (1,549)      
Common stock issued under employee plans 533 533 533        
Purchases and sales of treasury stock under employee plans — net (159) (159)   34 (193)    
Changes in noncontrolling interests (14)           (14)
Balance at the end of the period at Mar. 31, 2025 26,953 26,880 61,913 150,703 (170,160) (15,575) 72
Balance at the beginning of the period at Dec. 31, 2025 32,740 32,648 63,318 155,648 (170,605) (15,713) 93
Net income plus other comprehensive income/(loss):              
Net income 1,216 1,216   1,216      
Other comprehensive income/(loss) 299 299       299  
Total comprehensive income 1,514 1,514          
Cash dividends paid — common stock (1,576) (1,576)   (1,576)      
Common stock issued under employee plans 618 618 618        
Purchases and sales of treasury stock under employee plans — net (230) (230)   39 (269)    
Changes in noncontrolling interests (11)           (11)
Balance at the end of the period at Mar. 31, 2026 $ 33,056 $ 32,974 $ 63,936 $ 155,327 $ (170,874) $ (15,415) $ 81