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Segments: (Tables)
3 Months Ended
Mar. 31, 2013
Segments:  
Revenue and Pre-tax Income by Segment

 

 

 

 

Global Services

 

 

 

 

 

 

 

 

 

 

 

Global

 

Global

 

 

 

 

 

 

 

 

 

 

 

Technology

 

Business

 

 

 

Systems and

 

Global

 

Total

 

(Dollars in millions)

 

Services

 

Services

 

Software

 

Technology

 

Financing

 

Segments

 

For the three months ended March 31, 2013:

 

 

 

 

 

 

 

 

 

 

 

 

 

External revenue

 

$

9,605

 

$

4,484

 

$

5,572

 

$

3,106

 

$

499

 

$

23,266

 

Internal revenue

 

248

 

180

 

831

 

120

 

541

 

1,919

 

Total revenue

 

$

9,852

 

$

4,664

 

$

6,403

 

$

3,226

 

$

1,040

 

$

25,185

 

Pre-tax income

 

$

1,585

 

$

703

 

$

2,014

 

$

(405

)

$

538

 

$

4,435

 

Revenue year-to-year change

 

(4.6

)%

(3.2

)%

(0.6

)%

(17.3

)%

6.7

%

(4.8

)%

Pre-tax income year-to-year change

 

7.1

%

17.0

%

3.5

%

(286.7

)%

5.0

%

0.0

%

Pre-tax income margin

 

16.1

%

15.1

%

31.5

%

(12.5

)%

51.8

%

17.6

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended March 31, 2012:

 

 

 

 

 

 

 

 

 

 

 

 

 

External revenue

 

$

10,035

 

$

4,637

 

$

5,600

 

$

3,749

 

$

490

 

$

24,511

 

Internal revenue

 

293

 

182

 

840

 

151

 

485

 

1,951

 

Total revenue

 

$

10,328

 

$

4,820

 

$

6,439

 

$

3,900

 

$

975

 

$

26,462

 

Pre-tax income

 

$

1,480

 

$

601

 

$

1,945

 

$

(105

)

$

512

 

$

4,434

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax income margin

 

14.3

%

12.5

%

30.2

%

(2.7

)%

52.6

%

16.8

%

Revenue and pre-tax income reconciliations to IBM as Reported

 

 

(Dollars in millions)

 

 

 

 

 

For the three months ended March 31:

 

2013

 

2012

 

Revenue:

 

 

 

 

 

Total reportable segments

 

$

25,185

 

$

26,462

 

Eliminations of internal transactions

 

(1,919

)

(1,951

)

Other revenue adjustments

 

142

 

162

 

Total IBM Consolidated

 

$

23,408

 

$

24,673

 

 

 

 

 

 

 

Pre-tax income:

 

 

 

 

 

Total reportable segments

 

$

4,435

 

$

4,434

 

Amortization of acquired intangible assets

 

(183

)

(166

)

Acquisition-related charges

 

(11

)

(7

)

Non-operating retirement-related (costs)/income

 

(283

)

(102

)

Eliminations of internal transactions

 

(339

)

(284

)

Unallocated corporate amounts

 

(13

)

(39

)

Total IBM Consolidated

 

$

3,606

 

$

3,836