Retirement-Related Benefits (Tables)

12 Months Ended

Dec. 31, 2012

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block

($ in millions)

	U.S. Plans									Non-U.S. Plans						Total
For the year ended December 31:	2012			2011			2010			2012		2011		2010		2012		2011			2010
Defined benefit pension plans	$	(526	)	$	(774	)	$	(949	)	$	1,040	$	734	$	541	$	515	$	(40	)	$	(408	)
Retention Plan	18			15			14			—		—		—		18		15			14
Total defined benefit pension plans (income)/cost	$	(507	)	$	(759	)	$	(935	)	$	1,040	$	734	$	541	$	533	$	(25	)	$	(394	)
IBM 401(k) Plus Plan and Non-U.S. plans	$	857		$	875		$	882		$	621	$	608	$	527	$	1,478	$	1,483		$	1,409
Excess 401(k)	29			30			20			—		—		—		29		30			20
Total defined contribution plans cost	$	885		$	905		$	902		$	621	$	608	$	527	$	1,506	$	1,513		$	1,430
Nonpension postretirement benefit plans cost	$	268		$	269		$	281		$	82	$	76	$	66	$	350	$	345		$	347
Total retirement-related benefits net periodic cost	$	646		$	415		$	248		$	1,743	$	1,418	$	1,134	$	2,389	$	1,832		$	1,382

Summary of the total projected benefit obligation (PBO) for defined benefit plans, accumulated postretirement benefit obligation (APBO) for nonpension postretirement benefit plans (benefit obligations), fair value of plan assets and the associated funded status

($ in millions)

	Benefit Obligations				Fair Value of Plan Assets				Funded Status*
At December 31:	2012		2011		2012		2011		2012			2011
U.S. Plans
Underfunded plans
Qualified PPP	$	54,907	$	52,318	$	53,630	$	51,218	$	(1,277	)	$	(1,100	)
Excess PPP	1,576		1,462		—		—		(1,576		)	(1,462		)
Retention Plan	327		305		—		—		(327		)	(305		)
Nonpension postretirement benefit plan	5,282		5,273		433		38		(4,849		)	(5,235		)
Total underfunded U.S. plans	$	62,092	$	59,358	$	54,063	$	51,256	$	(8,029	)	$	(8,102	)
Non-U.S. Plans
Overfunded plans
Qualified defined benefit pension plans	$	6,944	$	13,169	$	7,889	$	16,011	$	945		$	2,843
Nonpension postretirement benefit plans	12		7		12		7		0			0
Total overfunded non-U.S. plans	$	6,956	$	13,175	$	7,901	$	16,018	$	945		$	2,843
Underfunded plans
Qualified defined benefit pension plans	$	35,956	$	24,659	$	30,169	$	19,351	$	(5,788	)	$	(5,308	)
Nonqualified defined benefit pension plans	6,418		5,033		—		—		(6,418		)	(5,033		)
Nonpension postretirement benefit plans	1,007		894		107		105		(900		)	(789		)
Total underfunded non-U.S. plans	$	43,381	$	30,587	$	30,276	$	19,456	$	(13,106	)	$	(11,131	)
Total overfunded plans	$	6,956	$	13,175	$	7,901	$	16,018	$	945		$	2,843
Total underfunded plans	$	105,473	$	89,944	$	84,338	$	70,712	$	(21,134	)	$	(19,232	)

* Funded status is recognized in the Consolidated Statement of Financial Position as follows: Asset amounts as prepaid pension assets; (Liability) amounts as compensation and benefits (current liability) and retirement and nonpension postretirement benefit obligations (noncurrent liability).

Changes in benefit obligations and plan assets

($ in millions)

	Defined Benefit Pension Plans												Nonpension Postretirement Benefit Plans
	U.S. Plans						Non-U.S. Plans						U.S. Plan						Non-U.S. Plans
	2012			2011			2012			2011			2012			2011			2012			2011
Change in benefit obligation
Benefit obligation at January 1	$	54,085		$	51,293		$	42,861		$	42,584		$	5,273		$	5,123		$	901		$	872
Service cost	—			—			443			505			36			33			14			11
Interest cost	2,196			2,456			1,779			1,843			200			236			64			67
Plan participants’ contributions	—			—			47			53			200			228			—			—
Acquisitions/divestitures, net	0			(0		)	26			(48		)	2			(0		)	0			(1		)
Actuarial losses/(gains)	3,810			3,551			6,365			812			104			244			76			47
Benefits paid from trust	(3,184		)	(3,121		)	(1,987		)	(1,995		)	(551		)	(623		)	(6		)	(7		)
Direct benefit payments	(97		)	(95		)	(454		)	(462		)	(35		)	(32		)	(27		)	(27		)
Foreign exchange impact	—			—			77			(423		)	—			—			(24		)	(60		)
Medicare/Government subsidies	—			—			—			—			53			65			—			—
Amendments/curtailments/settlements/other	—			—			161			(8		)	—			—			21			—
Benefit obligation at December 31	$	56,810		$	54,085		$	49,319		$	42,861		$	5,282		$	5,273		$	1,019		$	901
Change in plan assets
Fair value of plan assets at January 1	$	51,218		$	50,259		$	35,362		$	35,722		$	38		$	35		$	112		$	120
Actual return on plan assets	5,596			4,080			3,742			1,052			0			0			10			13
Employer contributions	—			—			557			728			746			397			1			0
Acquisitions/divestitures, net	—			—			40			(27		)	—			—			—			(0		)
Plan participants’ contributions	—			—			47			53			200			228			—			—
Benefits paid from trust	(3,184		)	(3,121		)	(1,987		)	(1,995		)	(551		)	(623		)	(6		)	(7		)
Foreign exchange impact	—			—			305			(537		)	—			—			(8		)	(15		)
Amendments/curtailments/settlements/other	—			—			(8		)	367		*	—			—			10			—
Fair value of plan assets at December 31	$	53,630		$	51,218		$	38,058		$	35,362		$	433		$	38		$	119		$	112
Funded status at December 31	$	(3,180	)	$	(2,866	)	$	(11,261	)	$	(7,499	)	$	(4,849	)	$	(5,235	)	$	(900	)	$	(789	)
Accumulated benefit obligation**	$	56,810		$	54,085		$	48,369		$	42,063		N/A			N/A			N/A			N/A

* Includes the reinstatement of certain plan assets in Brazil due to a 2011 government ruling allowing certain previously restricted plan assets to be returned to IBM. Beginning June 2011, the assets will be returned to IBM monthly over a three year period, with approximately $200 million returned during 2012. The remaining surplus in Brazil at December 31, 2012 remains excluded from total plan assets due to continued restrictions imposed by the government on the use of those plan assets.

** Represents the benefit obligation assuming no future participant compensation increases.

N/A—Not applicable

Net funded status

($ in millions)

	Defined Benefit Pension Plans												Nonpension Postretirement Benefit Plans
	U.S. Plans						Non-U.S. Plans						U.S. Plan						Non-U.S. Plans
At December 31:	2012			2011			2012			2011			2012			2011			2012			2011
Prepaid pension assets	$	0		$	0		$	944		$	2,843		$	0		$	0		$	0		$	0
Current liabilities—compensation and benefits	(102		)	(96		)	(356		)	(304		)	(239		)	(437		)	(20		)	(22		)
Noncurrent liabilities—retirement and nonpension postretirement benefit obligations	(3,078		)	(2,770		)	(11,849		)	(10,038		)	(4,610		)	(4,798		)	(880		)	(768		)
Funded status—net	$	(3,180	)	$	(2,866	)	$	(11,261	)	$	(7,499	)	$	(4,849	)	$	(5,235	)	$	(900	)	$	(789	)

Pre-tax net loss and prior service costs/(credits) and transition (assets)/liabilities recognized in other comprehensive income/(loss) and the changes in pre-tax net loss, prior service costs/(credits) and transition (assets)/liabilities recognized in accumulated other comprehensive income/(loss)

($ in millions)

	Defined Benefit Pension Plans												Nonpension Postretirement Benefit Plans
	U.S. Plans						Non-U.S. Plans						U.S. Plan					Non-U.S. Plans
	2012			2011			2012			2011			2012			2011		2012			2011
Net loss at January 1	$	18,561		$	15,865		$	18,309		$	17,580		$	734		$	492	$	211		$	180
Current period loss/(gain)	2,258			3,514			4,905			1,696			104			241		75			45
Curtailments and settlements	—			—			2			(11		)	—			—		—			—
Amortization of net loss included in net periodic (income)/cost	(1,331		)	(818		)	(1,027		)	(957		)	(32		)	—		(17		)	(13		)
Net loss at December 31	$	19,488		$	18,561		$	22,188		$	18,309		$	806		$	734	$	269		$	211
Prior service costs/(credits) at January 1	$	139		$	149		$	(768	)	$	(958	)	$	—		$	—	$	(10	)	$	(14	)
Current period prior service costs/(credits)	—			—			—			28			—			—		(0		)	(0		)
Amortization of prior service (costs)/credits included in net periodic (income)/cost	(10		)	(10		)	154			162			—			—		4			4
Prior service costs/(credits) at December 31	$	130		$	139		$	(614	)	$	(768	)	$	—		$	—	$	(6	)	$	(10	)
Transition (assets)/liabilities at January 1	$	—		$	—		$	(0	)	$	(0	)	$	—		$	—	$	0		$	1
Amortization of transition assets/(liabilities) included in net periodic (income)/cost	—			—			0			0			—			—		(0		)	(0		)
Transition (assets)/liabilities at December 31	$	—		$	—		$	(0	)	$	(0	)	$	—		$	—	$	0		$	0
Total loss recognized in accumulated other comprehensive income/(loss)*	$	19,618		$	18,701		$	21,574		$	17,541		$	806		$	734	$	263		$	202

* See note L, “Equity Activity,” on pages 107 to 110 for the total change in AOCI, and the Consolidated Statement of Comprehensive Income for the components of net periodic (income)/cost, including the related tax effects, recognized in OCI for the retirement-related benefit plans.

Pre-tax estimated net loss, estimated prior service costs/(credits) and estimated transition (assets)/liabilities of the retirement-related benefit plans that will be amortized from accumulated other comprehensive income/(loss) into net periodic (income)/cost and recorded in the Consolidated Statement of Earnings in 2013

($ in millions)

	Defined Benefit Pension Plans					Nonpension Postretirement Benefit Plans
	U.S. Plans		Non-U.S. Plans			U.S. Plan		Non-U.S. Plans
Net loss	$	1,804	$	1,693		$	33	$	26
Prior service costs/(credits)	9		(132		)	—		(4		)
Transition (assets)/liabilities	0		(0		)	—		0

Defined benefit pension plans' major asset categories and their associated fair value

The following table presents the company’s defined benefit pension plans’ asset classes and their associated fair value at December 31, 2012. The U.S. Plan consists of the Qualified PPP and the Non-U.S. Plans consist of all plans sponsored by the company’s subsidiaries.

($ in millions)

	U.S. Plan										Non-U.S. Plans
	Level 1			Level 2		Level 3		Total			Level 1		Level 2		Level 3		Total
Equity
Equity securities(a)	$	15,161		$	1	$	—	$	15,163		$	6,395	$	—	$	—	$	6,395
Equity commingled/mutual funds(b)(c)	96			2,556		—		2,652			138		7,641		—		7,779
Fixed income
Government and related(d)	—			12,945		6		12,951			—		8,978		76		9,054
Corporate bonds (e)	—			8,499		11		8,510			—		1,878		5		1,883
Mortgage and asset-backed securities	—			922		45		968			—		9		—		9
Fixed income commingled/mutual funds(b)(f)	155			804		267		1,226			78		8,018		—		8,096
Insurance contracts	—			—		—		—			—		1,019		—		1,019
Cash and short-term investments(g)	244			3,198		—		3,442			134		373		—		507
Hedge funds	—			1,402		756		2,159			—		646		—		646
Private equity(h)	—			—		4,085		4,085			—		—		353		353
Private real estate(h)	—			—		2,861		2,861			—		—		609		609
Derivatives(i)	(6		)	62		—		56			0		856		—		857
Other commingled/mutual funds(b)(j)	—			—		—		—			12		907		—		919
Subtotal	15,650			30,390		8,032		54,072			6,757		30,325		1,042		38,124
Other(k)	—			—		—		(442		)	—		—		—		(66		)
Fair value of plan assets	$	15,650		$	30,390	$	8,032	$	53,630		$	6,757	$	30,325	$	1,042	$	38,058

(a)	Represents U.S. and international securities. The U.S. Plan includes IBM common stock of $113 million, representing 0.2 percent of the U.S. Plan assets. Non-U.S. Plans include IBM common stock of $40 million, representing 0.1 percent of the non-U.S. Plans assets.
(b)	Commingled funds represent pooled institutional investments.
(c)	Invests in predominantly equity securities.
(d)	Includes debt issued by national, state and local governments and agencies.
(e)	The U.S. Plan includes IBM corporate bonds of $6 million, representing 0.01 percent of the U.S. Plan assets. Non-U.S. plans include IBM corporate bonds of $2 million representing 0.004 percent of the non-U.S. Plan assets.
(f)	Invests in predominantly fixed income securities.
(g)	Includes cash and cash equivalents and short-term marketable securities.
(h)	Includes limited partnerships and venture capital partnerships.
(i)	Primarily includes interest rate derivatives and, to a lesser extent, forwards, exchange traded and other over-the-counter derivatives.
(j)	Invests in both equity and fixed income securities.
(k)	Represents net unsettled transactions, relating primarily to purchases and sales of plan assets.

The following table presents the company’s defined benefit pension plans’ asset classes and their associated fair value at December 31, 2011. The U.S. Plan consists of the Qualified PPP and the Non-U.S. Plans consist of all plans sponsored by the company’s subsidiaries.

($ in millions)

	U.S. Plan										Non-U.S. Plans
	Level 1		Level 2			Level 3		Total			Level 1			Level 2		Level 3		Total
Equity
Equity securities(a)	$	13,618	$	11		$	—	$	13,629		$	6,426		$	—	$	—	$	6,427
Equity commingled/mutual funds(b)(c)	32		1,877			—		1,909			240			7,751		—		7,991
Fixed income
Government and related(d)	—		15,105			29		15,134			—			8,479		96		8,575
Corporate bonds (e)	—		7,387			12		7,398			—			1,409		39		1,447
Mortgage and asset-backed securities	—		838			45		883			—			36		—		36
Fixed income commingled/mutual funds(b)(f)	262		715			246		1,223			72			7,136		—		7,209
Insurance contracts	—		—			—		—			—			988		—		988
Cash and short-term investments(g)	286		2,390			—		2,675			145			361		—		506
Hedge funds	—		1,140			713		1,853			—			417		—		417
Private equity(h)	0		—			4,098		4,098			—			—		262		262
Private real estate(h)	—		—			2,790		2,790			—			—		580		580
Derivatives(i)	10		(15		)	—		(6		)	(2		)	866		—		864
Other commingled/mutual funds(b)(j)	—		—			—		—			9			114		—		123
Subtotal	14,207		29,446			7,932		51,586			6,890			27,557		977		35,425
Other(k)	—		—			—		(368		)	—			—		—		(62		)
Fair value of plan assets	$	14,207	$	29,446		$	7,932	$	51,218		$	6,890		$	27,557	$	977	$	35,362

(a)	Represents U.S. and international securities. The U.S. Plan includes IBM common stock of $132 million, representing 0.3 percent of the U.S. Plan assets. Non-U.S. Plans include IBM common stock of $35 million, representing 0.1 percent of the non-U.S. Plans assets.
(b)	Commingled funds represent pooled institutional investments.
(c)	Invests in predominantly equity securities.
(d)	Includes debt issued by national, state and local governments and agencies.
(e)	The U.S. Plan includes IBM corporate bonds of $13 million, representing 0.03 percent of the U.S. Plan assets.
(f)	Invests in predominantly fixed income securities.
(g)	Includes cash and cash equivalents and short-term marketable securities.
(h)	Includes limited partnerships and venture capital partnerships.
(i)	Primarily includes interest rate derivatives and, to a lesser extent, forwards, exchange traded and other over-the-counter derivatives.
(j)	Invests in both equity and fixed income securities.
(k)	Represents net unsettled transactions, relating primarily to purchases and sales of plan assets.

Defined benefit pension plans with accumulated benefit obligations (ABO) in excess of plan assets

($ in millions)

2012

2011

Benefit

Plan

Benefit

Plan

At December 31:

Obligation

Assets

Obligation

Assets

Plans with PBO in excess of plan assets

99,184

83,799

83,777

70,570

Plans with ABO in excess of plan assets

98,263

83,677

83,184

70,512

Plans with assets in excess of PBO

6,944

7,889

13,169

16,011

U.S. Plan(s)

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block

Reconciliation of the beginning and ending balances of Level 3 assets

($ in millions)

							Mortgage
							and Asset-			Fixed Income
	Government			Corporate			Backed			Commingled/		Hedge			Private			Private
	and Related			Bonds			Securities			Mutual Funds		Funds			Equity			Real Estate			Total
Balance at January 1, 2012	$	29		$	12		$	45		$	246	$	713		$	4,098		$	2,790		$	7,932
Return on assets held at end of year	0			0			1			21		56			855			202			1,135
Return on assets sold during the year	0			2			1			—		14			(334		)	(41		)	(359		)
Purchases, sales and settlements, net	(1		)	(2		)	(9		)	—		(26		)	(533		)	(90		)	(660		)
Transfers, net	(22		)	(1		)	8			—		—			—			—			(15		)
Balance at December 31, 2012	$	6		$	11		$	45		$	267	$	756		$	4,085		$	2,861		$	8,032

($ in millions)

							Mortgage
							and Asset-			Fixed Income
	Government			Corporate			Backed			Commingled/		Hedge			Private			Private
	and Related			Bonds			Securities			Mutual Funds		Funds			Equity			Real Estate			Total
Balance at January 1, 2011	$	—		$	—		$	56		$	221	$	624		$	4,251		$	2,634		$	7,786
Return on assets held at end of year	(0		)	0			(1		)	25		(35		)	348			131			468
Return on assets sold during the year	0			(0		)	(0		)	—		5			(30		)	39			14
Purchases, sales and settlements, net	12			5			(16		)	—		(7		)	(471		)	(14		)	(492		)
Transfers, net	17			7			6			—		127		*	—			—			157
Balance at December 31, 2011	$	29		$	12		$	45		$	246	$	713		$	4,098		$	2,790		$	7,932

* Due to an increase in the redemption term during 2011, the asset was transferred from Level 2 to Level 3.

Non-U.S. Plans

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block

Reconciliation of the beginning and ending balances of Level 3 assets

($ in millions)

	Government			Corporate			Private			Private
	and Related			Bonds			Equity			Real Estate			Total
Balance at January 1, 2012	$	96		$	39		$	262		$	580		$	977
Return on assets held at end of year	3			(1		)	9			(5		)	6
Return on assets sold during the year	3			1			9			0			14
Purchases, sales and settlements, net	(26		)	(29		)	62			14			21
Transfers, net	(2		)	(5		)	(0		)	(3		)	(10		)
Foreign exchange impact	1			(0		)	11			23			34
Balance at December 31, 2012	$	76		$	5		$	353		$	609		$	1,042

($ in millions)

	Government			Corporate			Private			Private
	and Related			Bonds			Equity			Real Estate			Total
Balance at January 1, 2011	$	—		$	11		$	176		$	533		$	720
Return on assets held at end of year	3			2			30			11			46
Return on assets sold during the year	(0		)	(0		)	(2		)	(3		)	(5		)
Purchases, sales and settlements, net	100			28			65			44			237
Transfers, net	—			—			(0		)	0			0
Foreign exchange impact	(7		)	(2		)	(7		)	(6		)	(22		)
Balance at December 31, 2011	$	96		$	39		$	262		$	580		$	977

Defined Benefit Pension Plans

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block

Components of net periodic (income)/cost of the company's retirement-related benefit plans

($ in millions)

	Defined Benefit Pension Plans
	U.S. Plans									Non-U.S. Plans
For the year ended December 31:	2012			2011			2010			2012			2011			2010
Service cost	$	—		$	—		$	—		$	443		$	505		$	508
Interest cost	2,196			2,456			2,601			1,779			1,843			1,841
Expected return on plan assets	(4,043		)	(4,043		)	(4,017		)	(2,303		)	(2,521		)	(2,461		)
Amortization of transition assets	—			—			—			(0		)	(0		)	(0		)
Amortization of prior service costs/(credits)	10			10			10			(154		)	(162		)	(174		)
Recognized actuarial losses	1,331			818			471			1,027			957			712
Curtailments and settlements	—			—			1			0			1			27
Multi-employer plans/other costs*	—			—			—			247			111			89
Total net periodic (income)/cost	$	(507	)	$	(759	)	$	(935	)	$	1,040		$	734		$	541

Assumptions used to measure the net periodic (income)/cost and benefit obligations

	Defined Benefit Pension Plans
	U.S. Plans						Non-U.S. Plans
	2012		2011		2010		2012		2011		2010
Weighted-average assumptions used to measure net periodic (income)/cost for the year ended December 31
Discount rate	4.20	%	5.00	%	5.60	%	4.28	%	4.33	%	4.84	%
Expected long-term returns on plan assets	8.00	%	8.00	%	8.00	%	6.26	%	6.41	%	6.56	%
Rate of compensation increase*	N/A		N/A		N/A		2.43	%	2.37	%	2.92	%
Weighted-average assumptions used to measure benefit obligations at December 31
Discount rate	3.60	%	4.20	%	5.00	%	3.23	%	4.28	%	4.33	%
Rate of compensation increase*	N/A		N/A		N/A		2.51	%	2.43	%	2.37	%

* Rate of compensation increase is not applicable to the U.S. defined benefit pension plans as benefit accruals ceased December 31, 2007 for all participants.

N/A—Not applicable

Total expected benefit payments

($ in millions)

									Total
	Qualified		Nonqualified		Qualified		Nonqualified		Expected
	U.S. Plan		U.S. Plans		Non-U.S. Plans		Non-U.S. Plans		Benefit
	Payments		Payments		Payments		Payments		Payments
2013	$	3,303	$	104	$	1,993	$	378	$	5,778
2014	3,342		106		2,040		373		5,861
2015	3,407		108		2,011		382		5,908
2016	3,438		112		2,049		389		5,988
2017	3,418		113		2,073		400		6,004
2018–2022	17,436		597		11,071		2,252		31,356

Nonpension Postretirement Plans

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block

Components of net periodic (income)/cost of the company's retirement-related benefit plans

($ in millions)

	Nonpension Postretirement Benefit Plans
	U.S. Plan							Non-U.S. Plans
For the year ended December 31:	2012		2011		2010			2012			2011			2010
Service cost	$	36	$	33	$	33		$	14		$	11		$	9
Interest cost	200		236		262			64			67			59
Expected return on plan assets	—		—		—			(9		)	(10		)	(9		)
Amortization of transition assets	—		—		—			0			0			0
Amortization of prior service costs/(credits)	—		—		(14		)	(4		)	(4		)	(5		)
Recognized actuarial losses	32		—		—			17			13			12
Curtailments and settlements	—		—		—			0			—			—
Total net periodic cost	$	268	$	269	$	281		$	82		$	76		$	66

* The 2012 Non-U.S. plans amount includes $162 million related to the IBM UK pension litigation. See page 125 for additional information.

Assumptions used to measure the net periodic (income)/cost and benefit obligations

	Nonpension Postretirement Benefit Plans
	U.S. Plan						Non-U.S. Plans
	2012		2011		2010		2012		2011		2010
Weighted-average assumptions used to measure net periodic cost for the year ended December 31
Discount rate	3.90	%	4.80	%	5.40	%	7.37	%	7.75	%	7.92	%
Expected long-term returns on plan assets	N/A		N/A		N/A		9.01	%	9.07	%	9.16	%
Weighted-average assumptions used to measure benefit obligations at December 31
Discount rate	3.30	%	3.90	%	4.80	%	6.43	%	7.37	%	7.75	%

N/A—Not applicable

Total expected benefit payments

($ in millions)

			Less: IBM
			Share of									Total
			Expected			Net Expected		Qualified		Nonqualified		Expected
	U.S. Plan		Medicare			U.S. Plan		Non-U.S. Plans		Non-U.S. Plans		Benefit
	Payments		Subsidy			Payments		Payments		Payments		Payments
2013	$	462	$	(24	)	$	438	$	8	$	34	$	480
2014	447		(26		)	421		8		38		467
2015	446		(26		)	420		8		41		470
2016	437		(25		)	412		9		44		465
2017	429		(24		)	405		10		48		463
2018–2022	1,979		(21		)	1,958		55		305		2,318