Equity Activity (Tables)

9 Months Ended

Sep. 30, 2011

Equity Activity

Equity Activity

(Dollars in millions)	Common Stock and Additional Paid–in Capital		Retained Earnings			Treasury Stock			Accumulated Other Comprehensive Income/(Loss)			Total IBM Stockholders’ Equity			Noncontrolling Interests			Total Equity
Equity - January 1, 2011	$	45,418	$	92,532		$	(96,161	)	$	(18,743	)	$	23,046		$	126		$	23,172
Net income			10,365									10,365						10,365
Other comprehensive income/(loss), net of tax (total)									645			645						645
Cash dividends declared – common stock			(2,593		)							(2,593		)				(2,593		)
Stock transactions related to employee plans – net	2,139		(38		)	192						2,293						2,293
Other treasury shares purchased – not retired						(11,465		)				(11,465		)				(11,465		)
Changes in noncontrolling interests															(40		)	(40		)
Equity – September 30, 2011	$	47,558	$	100,266		$	(107,434	)	$	(8,099	)	$	22,291		$	87		$	22,378

(Dollars in millions)	Common Stock and Additional Paid–in Capital		Retained Earnings			Treasury Stock			Accumulated Other Comprehensive Income/(Loss)			Total IBM Stockholders’ Equity			Noncontrolling Interests		Total Equity
Equity - January 1, 2010	$	41,810	$	80,900		$	(81,243	)	$	(18,830	)	$	22,637		$	118	$	22,755
Net income			9,576									9,576					9,576
Other comprehensive income/(loss), net of tax (total)									1, 352			1, 352					1,352
Cash dividends declared – common stock			(2,369		)							(2,369		)			(2,369		)
Stock transactions related to employee plans – net	2,518		(11		)	362						2,870					2,870
Other treasury shares purchased – not retired						(11,827		)				(11,827		)			(11,827		)
Changes in noncontrolling interests															2		2
Equity – September 30, 2010	$	44,328	$	88,095		$	(92,707	)	$	(17,479	)	$	22,238		$	121	$	22,359

Summary of Net income plus other comprehensive income/(loss)

	Three Months Ended September 30,						Nine Months Ended September 30,
(Dollars in millions)	2011			2010			2011			2010
Net income	$	3,839		$	3,589		$	10,365		$	9,576
Other comprehensive income/(loss) – net of tax:
Foreign currency translation adjustments	(1,592		)	1,409			(668		)	327
Net change in retirement-related benefit plans	300			167			1,241			559
Net unrealized gains/(losses) on marketable securities	(9		)	56			(154		)	50
Net unrealized gains/(losses) on cash flow hedge derivatives	312			(599		)	225			416
Total other comprehensive income/(loss)	(989		)	1,032			645			1,352
Net income plus other comprehensive income/(loss)	$	2,850		$	4,621		$	11,010		$	10,927