CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 9,934	$ 6,650
Restricted cash	286	307
Marketable securities	550	600
Notes and accounts receivable - trade (net of allowances of $225 in 2022 and $218 in 2021)	5,963	6,754
Short-term financing receivables, held for investment (net of allowances of $157 in 2022 and $176 in 2021)	6,759	7,221
Short-term financing receivables, held for sale	410	793
Other accounts receivable (net of allowances of $28 in 2022 and $24 in 2021)	1,003	1,002
Inventories, at lower of average cost or net realizable value:
Finished goods	269	208
Work in process and raw materials	1,507	1,442
Total inventory	1,776	1,649
Deferred costs	1,103	1,097
Prepaid expenses and other current assets	3,548	3,466
Total current assets	31,330	29,539
Property, plant and equipment	20,006	20,085
Less: Accumulated depreciation	14,448	14,390
Property, plant and equipment - net	5,559	5,694
Operating right-of-use assets-net	3,108	3,222
Long-term financing receivables (net of allowances of $21 in 2022 and $25 in 2021)	4,610	5,425
Prepaid pension assets	9,995	9,850
Deferred costs	916	924
Deferred taxes	7,567	7,370
Goodwill	56,106	55,643
Intangible assets-net	12,312	12,511
Investments and sundry assets	1,771	1,823
Total assets	133,275	132,001
Current liabilities
Taxes	1,798	2,289
Short-term debt	7,690	6,787
Accounts payable	3,453	3,955
Compensation and benefits	2,937	3,204
Deferred income	13,526	12,518
Operating lease liabilities	954	974
Other accrued expenses and liabilities	3,699	3,892
Total current liabilities	34,056	33,619
Long-term debt	46,545	44,917
Retirement and nonpension postretirement benefit obligations	13,937	14,435
Deferred income	3,423	3,577
Operating lease liabilities	2,358	2,462
Other liabilities	13,844	13,996
Total liabilities	114,162	113,005
IBM stockholders' equity
Common stock, par value $.20 per share, and additional paid-in capital Shares authorized: 4,687,500,000 Shares issued (2022-2,250,139,983; 2021-2,248,577,848)	57,603	57,319
Retained earnings	153,401	154,209
Treasury stock, at cost (shares: 2022-1,350,704,659; 2021-1,350,509,249)	(169,422)	(169,392)
Accumulated other comprehensive income/(loss)	(22,532)	(23,234)
Total IBM stockholders' equity	19,050	18,901
Noncontrolling interests	62	95
Total equity	19,112	18,996
Total liabilities and equity	$ 133,275	$ 132,001