International Business Machines Corporation
International Business Machines Corporation provides integrated solutions and services worldwide. The company operates through four business segments: Software, Consulting, Infrastructure, and Financing. The Software segment offers hybrid cloud platform …
Information Technology Services
US, Armonk [HQ]
Cash Flow Statements
15 Records · Starting from 2009In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 20,773.00 | 20,283.00 | 19,846.00 | 19,600.00 | 17,500.00 | 16,900.00 | 17,000.00 | 16,518.00 | 16,724.00 | 15,247.00 | 14,770.00 | 18,197.00 | 12,796.00 | 10,435.00 | 13,931.00 | |
| Operating Cash (Net) | 20,773.00 | 20,283.00 | 19,846.00 | 19,600.00 | 17,500.00 | 16,900.00 | 17,000.00 | 16,518.00 | 16,724.00 | 15,247.00 | 14,770.00 | 18,197.00 | 12,796.00 | 10,435.00 | 13,931.00 | |
| Accounts Receivable | -334.00 | 734.00 | -2,650.00 | -2,900.00 | -1,300.00 | 700.00 | 200.00 | 1,218.00 | 419.00 | -345.00 | 491.00 | 4,349.00 | 3,907.00 | -717.00 | 725.00 | |
| Accounts Payable | 170.00 | 174.00 | 451.00 | -224.00 | -529.00 | -456.00 | 81.00 | 197.00 | 47.00 | 126.00 | -503.00 | 138.00 | 85.00 | 213.00 | 65.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 418.00 | -1,237.00 | -2,390.00 | -2,449.00 | -4,300.00 | 1,400.00 | -500.00 | -279.00 | 5,895.00 | 1,529.00 | -1,399.00 | 4,974.00 | -346.00 | -2,887.00 | 2,184.00 | |
| Other WC | 319.00 | -2,237.00 | -28.00 | 395.00 | -2,414.00 | 1,195.00 | -914.00 | -1,680.00 | 5,411.00 | 1,875.00 | -1,454.00 | 696.00 | -4,476.00 | -2,454.00 | 1,004.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -6,729.00 | -8,507.00 | -4,396.00 | -9,000.00 | -7,300.00 | -3,000.00 | -8,200.00 | -10,536.00 | -7,096.00 | -4,913.00 | -26,936.00 | -3,028.00 | -5,975.00 | -4,202.00 | -7,070.00 | |
| Capital Expenditure | -4,077.00 | -3,984.00 | -4,667.00 | -4,300.00 | -3,800.00 | -3,800.00 | -3,800.00 | -3,726.00 | -3,312.00 | -3,716.00 | -2,370.00 | -3,042.00 | -2,381.00 | -1,860.00 | -1,810.00 | |
| Purchases of Investments | -5,604.00 | -6,129.00 | -1,594.00 | -1,600.00 | -800.00 | -900.00 | -600.00 | -676.00 | -3,083.00 | -1,058.00 | -3,693.00 | -6,246.00 | -3,561.00 | -5,930.00 | -11,143.00 | |
| Sale/Maturity of Investment | 3,599.00 | 7,877.00 | 3,345.00 | 3,142.00 | 4,873.00 | 2,493.00 | 2,842.00 | 5,692.00 | 3,910.00 | 6,487.00 | 3,961.00 | 5,618.00 | 3,147.00 | 4,665.00 | 10,647.00 | |
| Property, Plant, Equipment (P&PE) | -4,077.00 | -3,984.00 | -4,667.00 | -4,300.00 | -3,800.00 | -3,800.00 | -3,800.00 | -3,726.00 | -3,312.00 | -3,716.00 | -2,370.00 | -3,042.00 | -2,381.00 | -1,860.00 | -1,810.00 | |
| Acquisitions (Net) | -794.00 | -5,867.00 | -1,797.00 | -3,122.00 | -2,800.00 | 1,700.00 | -3,700.00 | -6,133.00 | -701.00 | -139.00 | -31,554.00 | 167.00 | -3,179.00 | -1,076.00 | -4,765.00 | |
| Other Investing Activities | 147.00 | -404.00 | 317.00 | -3,120.00 | -4,773.00 | -2,493.00 | -2,942.00 | -5,693.00 | -3,910.00 | -6,487.00 | 6,720.00 | 475.00 | -1.00 | -1.00 | 1.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -14,700.00 | -12,429.00 | -13,696.00 | -12,000.00 | -9,900.00 | -15,500.00 | -9,200.00 | -5,791.00 | -6,418.00 | -10,469.00 | -9,042.00 | -9,721.00 | -13,354.00 | -4,958.00 | -1,769.00 | |
| Debt Repayment | -13,495.00 | -6,522.00 | -8,947.00 | -9,549.00 | -10,013.00 | -4,644.00 | -5,622.00 | -6,395.00 | -6,816.00 | -1,642.00 | -18,881.00 | -2,861.00 | -8,075.00 | -6,800.00 | -4,497.00 | |
| Dividends Paid | -2,860.00 | -3,177.00 | -3,473.00 | -3,773.00 | -4,100.00 | -4,300.00 | -4,900.00 | -5,256.00 | -5,506.00 | -5,666.00 | -5,707.00 | -5,797.00 | -5,869.00 | -5,948.00 | -6,040.00 | |
|
Common Stock
|
10,481 | 19,149 | 17,499 | 13,500 | 15,000 | 14,400 | 4,900 | 3,706 | 4,533 | 4,614 | 1,633 | 302 | 949 | 407 | 804 | |
| Issued | 3,052.00 | 3,774.00 | 2,453.00 | 1,500.00 | 1,100.00 | 700.00 | 300.00 | 204.00 | 175.00 | - - | - - | - - | 630.00 | - - | 402.00 | |
| Repurchased | -7,429.00 | -15,375.00 | -15,046.00 | -12,000.00 | -13,900.00 | -13,700.00 | -4,600.00 | -3,502.00 | -4,358.00 | -4,614.00 | -1,633.00 | -302.00 | -319.00 | -407.00 | -402.00 | |
| Other Financing Activities | 6,032.00 | 8,871.00 | 11,317.00 | 11,822.00 | 17,013.00 | 6,444.00 | 5,622.00 | 9,158.00 | 10,087.00 | 1,453.00 | -2,499.00 | -761.00 | 909.00 | 8,197.00 | 8,768.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 12,741.00 | 12,183.00 | 10,661.00 | 11,900.00 | 10,400.00 | 10,700.00 | 8,500.00 | 7,686.00 | 7,826.00 | 11,972.00 | 11,379.00 | 8,314.00 | 13,675.00 | 6,957.00 | 7,989.00 | |
| End of Period | 12,183.00 | 10,661.00 | 11,922.00 | 10,400.00 | 10,700.00 | 8,500.00 | 7,700.00 | 7,826.00 | 11,972.00 | 11,379.00 | 8,172.00 | 13,675.00 | 6,957.00 | 7,988.00 | 13,089.00 | |
| Change | -558.00 | -1,522.00 | 1,261.00 | -1,500.00 | 300.00 | -2,200.00 | -800.00 | 140.00 | 4,146.00 | -593.00 | -3,207.00 | 5,361.00 | -6,718.00 | 1,031.00 | 5,100.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 4,994.00 | 4,831.00 | 4,815.00 | 4,676.00 | 4,700.00 | 4,500.00 | 3,900.00 | 4,381.00 | 4,541.00 | 4,479.00 | 6,059.00 | 6,695.00 | 6,416.00 | 4,802.00 | 4,396.00 | |
| Stock Based Compensation | 558.00 | 629.00 | 697.00 | 7,000.00 | 600.00 | 500.00 | 500.00 | 544.00 | 534.00 | 510.00 | 679.00 | 937.00 | 982.00 | 987.00 | 1,133.00 | |
| Other | -395.00 | -4,783.00 | -343.00 | -7,024.00 | 1,610.00 | -1,263.00 | -1,487.00 | 1,132.00 | 932.00 | -852.00 | 1,527.00 | 3,204.00 | 2,002.00 | 8,620.00 | -182.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 16,696.00 | 16,299.00 | 15,179.00 | 15,300.00 | 13,700.00 | 13,100.00 | 13,200.00 | 12,792.00 | 13,412.00 | 11,531.00 | 12,400.00 | 15,155.00 | 10,415.00 | 8,575.00 | 12,121.00 | |
| Cash Conversion Cycle (CCC) | 67.00 | 66.00 | 62.00 | 68.00 | 79.00 | 87.00 | 87.00 | 92.00 | 104.00 | 98.00 | 83.00 | 63.00 | 67.00 | 58.00 | 49.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||||
| Forex Effect on Cash | 98.00 | -135.00 | -493.00 | -100.00 | 28.00 | -700.00 | -500.00 | -51.00 | 937.00 | -495.00 | -167.00 | -87.00 | -185.00 | -244.00 | 9.00 |