CONSOLIDATED STATEMENT OF FINANCIAL POSITION (USD $) In Millions, unless otherwise specified	Jun. 30, 2012		Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 10,864		$ 11,922
Marketable securities	323		0
Notes and accounts receivable - trade (net of allowances of $264 in 2012 and $256 in 2011)	10,172		11,179
Short-term financing receivables (net of allowances of $271 in 2012 and $311 in 2011)	14,982		16,901
Other accounts receivable (net of allowances of $11 in 2012 and $11 in 2011)	1,703		1,481
Inventories, at lower of average cost or market:
Finished goods	752		589
Work in process and raw materials	2,006		2,007
Total inventories	2,758		2,595	[1]
Deferred taxes	1,478		1,601
Prepaid expenses and other current assets	5,113		5,249
Total current assets	47,392	[1]	50,928
Property, plant and equipment	40,158		40,124
Less: Accumulated depreciation	26,293		26,241
Property, plant and equipment - net	13,865		13,883
Long-term financing receivables (net of allowances of $55 in 2012 and $38 in 2011)	10,795		10,776
Prepaid pension assets	2,862		2,843
Deferred taxes	2,795		3,503
Goodwill	27,735		26,213
Intangible assets - net	3,657		3,392
Investments and sundry assets	4,730		4,895
Total assets	113,832	[1]	116,433
Current liabilities:
Taxes	2,183		3,313
Short-term debt	7,669		8,463
Accounts payable	7,482		8,517
Compensation and benefits	4,656		5,099
Deferred income	12,311		12,197
Other accrued expenses and liabilities	4,602		4,535
Total current liabilities	38,903		42,123	[1]
Long-term debt	24,766		22,857
Retirement and nonpension postretirement benefit obligations	16,544		18,374
Deferred income	3,889		3,847
Other liabilities	9,166		8,996
Total liabilities	93,269	[1]	96,197
IBM stockholders' equity:
Common stock, par value $0.20 per share, and additional paid-in capital Shares authorized: 4,687,500,000 Shares issued: 2012 - 2,192,562,656 2011 - 2,182,469,838	49,157		48,129
Retained earnings	109,928		104,857
Treasury stock - at cost Shares: 2012 - 1,049,788,062 2011 - 1,019,287,274	(117,116)		(110,963)
Accumulated other comprehensive income/(loss)	(21,498)		(21,885)
Total IBM stockholders' equity	20,472	[1]	20,138
Noncontrolling interests	92		97
Total equity	20,563	[1]	20,236	[1]
Total liabilities and equity	$ 113,832		$ 116,433

[1] Amounts may not add due to rounding.