CONSOLIDATED STATEMENT OF FINANCIAL POSITION (USD $) In Millions, unless otherwise specified	Sep. 30, 2012		Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 11,909		$ 11,922
Marketable securities	345		0
Notes and accounts receivable - trade (net of allowances of $250 in 2012 and $256 in 2011)	9,772		11,179
Short-term financing receivables (net of allowances of $277 in 2012 and $311 in 2011)	14,925		16,901
Other accounts receivable (net of allowances of $20 in 2012 and $11 in 2011)	2,066		1,481
Inventories, at lower of average cost or market:
Finished goods	649		589
Work in process and raw materials	1,937		2,007
Total inventories	2,586		2,595	[1]
Deferred taxes	1,522		1,601
Prepaid expenses and other current assets	5,016		5,249
Total current assets	48,141		50,928
Property, plant and equipment	40,716		40,124
Less: Accumulated depreciation	26,688		26,241
Property, plant and equipment - net	14,027	[1]	13,883
Long-term financing receivables (net of allowances of $65 in 2012 and $38 in 2011)	10,791		10,776
Prepaid pension assets	3,424		2,843
Deferred taxes	2,555		3,503
Goodwill	28,270		26,213
Intangible assets - net	3,565	[1]	3,392
Investments and sundry assets	5,006		4,895
Total assets	115,778	[1]	116,433
Current liabilities:
Taxes	2,147		3,313
Short-term debt	9,334		8,463
Accounts payable	7,085		8,517
Compensation and benefits	4,730		5,099
Deferred income	11,230		12,197
Other accrued expenses and liabilities	4,973		4,535
Total current liabilities	39,499		42,123	[1]
Long-term debt	24,333		22,857
Retirement and nonpension postretirement benefit obligations	16,682		18,374
Deferred income	4,263		3,847
Other liabilities	9,335		8,996
Total liabilities	94,112		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 - 2,194,791,952 2011 - 2,182,469,838	49,603		48,129
Retained earnings	112,773		104,857
Treasury stock - at cost Shares: 2012 - 1,064,859,496 2011 - 1,019,287,274	(120,115)		(110,963)
Accumulated other comprehensive income/(loss)	(20,720)		(21,885)
Total IBM stockholders' equity	21,541		20,138
Noncontrolling interests	126		97
Total equity	21,666	[1]	20,236	[1]
Total liabilities and equity	$ 115,778		$ 116,433

[1] Amounts may not add due to rounding.