CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 7,816.0	$ 6,650.0
Restricted cash	159.0	307.0
Marketable securities	1,753.0	600.0
Notes and accounts receivable - trade (net of allowances of $214 in 2022 and $218 in 2021)	5,526.0	6,754.0
Short-term financing receivables, held for investment (net of allowances of $139 in 2022 and $176 in 2021)	6,280.0	7,221.0
Short-term financing receivables, held for sale	395.0	793.0
Other accounts receivable (net of allowances of $48 in 2022 and $24 in 2021)	902.0	1,002.0
Inventories, at lower of average cost or net realizable value:
Finished goods	209.0	208.0
Work in process and raw materials	1,585.0	1,442.0
Total inventory	1,794.0	1,649.0
Deferred costs	921.0	1,097.0
Prepaid expenses and other current assets	3,452.0	3,466.0
Total current assets	28,999.0	29,539.0
Property, plant and equipment	18,675.0	20,085.0
Less: Accumulated depreciation	13,525.0	14,390.0
Property, plant and equipment - net	5,150.0	5,694.0
Operating right-of-use assets-net	2,740.0	3,222.0
Long-term financing receivables (net of allowances of $20 in 2022 and $25 in 2021)	4,781.0	5,425.0
Prepaid pension assets	9,695.0	9,850.0
Deferred costs	818.0	924.0
Deferred taxes	6,868.0	7,370.0
Goodwill	54,218.0	55,643.0
Intangible assets-net	10,967.0	12,511.0
Investments and sundry assets	1,614.0	1,823.0
Total assets	125,850.0	132,001.0
Current liabilities
Taxes	1,667.0	2,289.0
Short-term debt	5,937.0	6,787.0
Accounts payable	3,806.0	3,955.0
Compensation and benefits	3,369.0	3,204.0
Deferred income	11,139.0	12,518.0
Operating lease liabilities	844.0	974.0
Other accrued expenses and liabilities	3,702.0	3,892.0
Total current liabilities	30,466.0	33,619.0
Long-term debt	44,942.0	44,917.0
Retirement and nonpension postretirement benefit obligations	11,760.0	14,435.0
Deferred income	3,018.0	3,577.0
Operating lease liabilities	2,103.0	2,462.0
Other liabilities	13,413.0	13,996.0
Total liabilities	105,703.0	113,005.0
IBM stockholders' equity
Common stock, par value $.20 per share, and additional paid-in capital Shares authorized: 4,687,500,000 Shares issued (2022-2,255,410,248; 2021-2,248,577,848)	58,117.0	57,319.0
Retained earnings	148,611.0	154,209.0
Treasury stock, at cost (shares: 2022-1,351,283,866; 2021-1,350,509,249)	(169,514.0)	(169,392.0)
Accumulated other comprehensive income/(loss)	(17,138.0)	(23,234.0)
Total IBM stockholders' equity	20,076.0	18,901.0
Noncontrolling interests	71.0	95.0
Total equity	20,147.0	18,996.0
Total liabilities and equity	$ 125,850.0	$ 132,001.0