CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 9,337	$ 7,886
Restricted cash	198	103
Marketable securities	8,057	852
Notes and accounts receivable-trade (net of allowances of $250 in 2023 and $233 in 2022)	5,757	6,541
Short-term financing receivables, held for investment (net of allowances of $141 in 2023 and $145 in 2022)	6,057	6,851
Short-term financing receivables, held for sale	605	939
Other accounts receivable (net of allowances of $102 in 2023 and $89 in 2022)	812	817
Inventory, at lower of average cost or net realizable value:
Finished goods	199	158
Work in process and raw materials	1,404	1,394
Total inventory	1,603	1,552
Deferred costs	1,055	967
Prepaid expenses and other current assets	2,501	2,611
Total current assets	35,982	29,118
Property, plant and equipment	18,761	18,695
Less: Accumulated depreciation	13,417	13,361
Property, plant and equipment - net	5,344	5,334
Operating right-of-use assets-net	2,789	2,878
Long-term financing receivables (net of allowances of $23 in 2023 and $28 in 2022)	5,065	5,806
Prepaid pension assets	8,487	8,236
Deferred costs	846	866
Deferred taxes	6,419	6,256
Goodwill	56,193	55,949
Intangible assets-net	10,905	11,184
Investments and sundry assets	1,607	1,617
Total assets	133,637	127,243
Current liabilities
Taxes	1,650	2,196
Short-term debt	4,887	4,760
Accounts payable	3,728	4,051
Compensation and benefits	2,772	3,481
Deferred income	13,220	12,032
Operating lease liabilities	869	874
Other accrued expenses and liabilities	3,866	4,111
Total current liabilities	30,993	31,505
Long-term debt	53,826	46,189
Retirement and nonpension postretirement benefit obligations	9,509	9,596
Deferred income	3,443	3,499
Operating lease liabilities	2,094	2,190
Other liabilities	12,099	12,243
Total liabilities	111,964	105,222
IBM stockholders' equity
Common stock, par value $.20 per share, and additional paid-in capital Shares authorized: 4,687,500,000 Shares issued (2023-2,259,497,847; 2022-2,257,116,920)	58,675	58,343
Retained earnings	149,253	149,825
Treasury stock, at cost (shares: 2023-1,351,452,434; 2022-1,351,024,943)	(169,544)	(169,484)
Accumulated other comprehensive income/(loss)	(16,780)	(16,740)
Total IBM stockholders' equity	21,604	21,944
Noncontrolling interests	68	77
Total equity	21,672	22,021
Total liabilities and equity	$ 133,637	$ 127,243