CONSOLIDATED STATEMENT OF FINANCIAL POSITION - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 9,039	$ 7,686
Marketable securities	929	508
Notes and accounts receivable - trade (net of allowances of $325 in 2016 and $367 in 2015)	8,291	8,333
Short-term financing receivables (net of allowances of $532 in 2016 and $490 in 2015)	16,032	19,020
Other accounts receivable (net of allowances of $48 in 2016 and $51 in 2015)	873	1,201
Inventories, at lower of average cost or market:
Finished goods	433	352
Work in process and raw materials	1,297	1,199
Total inventories	1,729	1,551
Prepaid expenses and other current assets	4,539	4,205
Total current assets	41,433	42,504
Property, plant and equipment	30,842	29,342
Less: Accumulated depreciation	19,738	18,615
Property, plant and equipment - net	11,104	10,727
Long-term financing receivables (net of allowances of $116 in 2016 and $118 in 2015)	8,936	10,013
Prepaid pension assets	3,487	1,734
Deferred taxes	4,289	4,822
Goodwill	36,401	32,021
Intangible assets - net	4,881	3,487
Investments and sundry assets	5,075	5,187
Total assets	115,606	110,495
Current liabilities:
Taxes	2,137	2,847
Short-term debt	6,920	6,461
Accounts payable	5,271	6,028
Compensation and benefits	3,958	3,560
Deferred income	10,815	11,021
Other accrued expenses and liabilities	5,346	4,353
Total current liabilities	34,447	34,269
Long-term debt	35,563	33,428
Retirement and nonpension postretirement benefit obligations	16,688	16,504
Deferred income	3,611	3,771
Other liabilities	8,138	8,099
Total liabilities	98,447	96,071
IBM stockholders' equity:
Common stock, par value $0.20 per share, and additional paid-in capital; Shares authorized: 4,687,500,000 (Shares issued: 2016 - 2,224,594,441; 2015 - 2,221,223,449)	53,759	53,262
Retained earnings	149,585	146,124
Treasury stock - at cost (Shares: 2016 - 1,273,739,890; 2015 - 1,255,494,724)	(158,170)	(155,518)
Accumulated other comprehensive income/(loss)	(28,164)	(29,607)
Total IBM stockholders' equity	17,010	14,262
Noncontrolling interests	149	162
Total equity	17,159	14,424
Total liabilities and equity	$ 115,606	$ 110,495