CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents	$ 7,455	$ 13,212
Restricted cash	352	463
Marketable securities	600	600
Notes and accounts receivable - trade (net of allowances of $277 in 2021 and $351 in 2020)	6,609	7,132
Short-term financing receivables (net of allowances of $183 in 2021 and $218 in 2020)	7,161	10,892
Other accounts receivable (net of allowances of $26 in 2021 and $28 in 2020)	899	714
Inventories, at lower of average cost or net realizable value:
Finished goods	287	190
Work in process and raw materials	1,604	1,649
Total inventory	1,891	1,839
Deferred costs	2,046	2,107
Prepaid expenses and other current assets	2,954	2,206
Total current assets	29,967	39,165
Property, plant and equipment	32,349	33,176
Less: Accumulated depreciation	23,211	23,136
Property, plant and equipment - net	9,138	10,040
Operating right-of-use assets-net	4,253	4,686
Long-term financing receivables (net of allowances of $24 in 2021 and $45 in 2020)	5,046	7,086
Prepaid pension assets	8,197	7,610
Deferred costs	2,248	2,449
Deferred taxes	8,967	9,241
Goodwill	61,378	59,617
Intangible assets-net	13,025	13,796
Investments and sundry assets	1,996	2,282
Total assets	144,214	155,971
Current liabilities
Taxes	2,159	3,301
Short-term debt	7,575	7,183
Accounts payable	4,248	4,908
Compensation and benefits	3,780	3,440
Deferred income	12,264	12,833
Operating lease liabilities	1,285	1,357
Other accrued expenses and liabilities	4,520	6,847
Total current liabilities	35,832	39,869
Long-term debt	46,926	54,355
Retirement and nonpension postretirement benefit obligations	16,764	18,248
Deferred income	3,965	4,301
Operating lease liabilities	3,192	3,574
Other liabilities	15,179	14,897
Total liabilities	121,858	135,244
IBM stockholders' equity
Common stock, par value $.20 per share, and additional paid-in capital Shares authorized: 4,687,500,000 Shares issued (2021-2,247,465,474; 2020-2,242,969,004)	57,189	56,556
Retained earnings	161,747	162,717
Treasury stock, at cost (shares: 2021-1,350,665,124; 2020-1,350,315,580)	(169,406)	(169,339)
Accumulated other comprehensive income/(loss)	(27,302)	(29,337)
Total IBM stockholders' equity	22,228	20,597
Noncontrolling interests	129	129
Total equity	22,357	20,727
Total liabilities and equity	$ 144,214	$ 155,971