IBM
International Business Machines Corporation
Price Chart
Latest Quote
$301.77
-3.86 (-1.26%)
Current Price
| Previous Close | $305.63 |
| Open | $307.43 |
| Day High | $310.44 |
| Day Low | $300.18 |
| Volume | 8,330,958 |
Stock Information
| Quarterly Dividend / Yield | $6.76 / 2.24% |
| Shares Outstanding | 939.89M |
| Quarterly Dividend Yield | 2.24% |
| Quarterly Dividend | $6.76 |
| Total Debt | $69.80B |
| Cash Equivalents | $11.78B |
| Revenue | $68.91B |
| Net Income | $10.73B |
| Sector | Technology |
| Industry | Information Technology Services |
| Market Cap | $267.72B |
| P/E Ratio | 25.23 |
| EPS (TTM) | $11.29 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $341.73B |
| Sales | $68.91B |
| Income | $10.73B |
| Book/sh | $35.08 |
| Cash/sh | $12.54 |
| Employees | 264K |
Financial Ratios
| Quick Ratio | 0.64 |
| Current Ratio | 0.80 |
| Debt/Eq | 211.17 |
| EPS Growth TTM | 15.30% |
Returns & Margins
| ROA | 5.37% |
| ROE | 35.77% |
| Gross Margin | 58.36% |
| Operating Margin | 13.81% |
| Profit Margin | 15.61% |
Ownership
| Insider Ownership | 0.12% |
| Institutional Ownership | 65.63% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 21.22 |
| PEG | 2.85 |
| P/S | 3.88 |
| P/B | 8.12 |
Analyst Data
| Recommendation | buy |
| Target Price | $290.17 |
Technical Indicators
| SMA20 | $255.58 |
| SMA50 | $244.56 |
| SMA200 | $269.02 |
| RSI | 70.30 |
| ATR | 16.9086 |
| Shares Float | 937.90M |
| Short Float | 3.17% |
| Short Ratio | 3.89 |
| Volatility | 0.67 |
| Rel Volume | 0.99 |
Performance History
| Week | -4.35% |
| Month | +27.11% |
| Quarter | +10.85% |
| 6 Months | -4.64% |
| YTD | -1.00% |
| Year | +10.02% |
| 3 Years | +144.01% |
| 5 Years | +152.06% |
| 10 Years | +196.28% |
Stock Score:
â Premium
Based on debt, profitability, growth, and cash flow metrics
â Premium Feature
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-05 | $284.84 | 12,157,277 |
| 2026-06-04 | $301.77 | 9,608,100 |
| 2026-06-03 | $305.63 | 13,926,600 |
| 2026-06-02 | $329.23 | 17,210,700 |
| 2026-06-01 | $320.42 | 32,880,200 |
| 2026-05-29 | $297.80 | 28,481,000 |
| 2026-05-28 | $264.22 | 12,432,900 |
| 2026-05-27 | $255.20 | 9,275,500 |
| 2026-05-26 | $250.69 | 9,256,100 |
| 2026-05-22 | $253.84 | 19,072,900 |
| 2026-05-21 | $252.97 | 25,707,800 |
| 2026-05-20 | $225.00 | 4,873,400 |
| 2026-05-19 | $222.33 | 5,937,800 |
| 2026-05-18 | $222.75 | 5,946,400 |
| 2026-05-15 | $219.30 | 6,154,500 |
| 2026-05-14 | $218.37 | 5,906,200 |
| 2026-05-13 | $214.64 | 8,361,200 |
| 2026-05-12 | $219.22 | 6,045,200 |
| 2026-05-11 | $223.55 | 6,677,200 |
| 2026-05-08 | $229.76 | 5,332,800 |
| 2026-05-07 | $229.62 | 5,485,500 |
| 2026-05-06 | $224.09 | 7,673,200 |
About International Business Machines Corporation
International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers hybrid cloud and AI platforms that allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment delivers strategy and technology services and intelligent operations, providing business transformation, technology implementation, managed services, application modernization, and AI-powered solutions. The Infrastructure segment provides on-premises and cloud-based server, and storage solutions, as well as life-cycle services for hybrid cloud infrastructure deployment. Its Financing segment offers client and commercial financing, and facilitates IBM clients' acquisition of hardware, software, and services. It has strategic partnerships with various companies, including hyperscalers, service providers, global system integrators, and software and hardware vendors that include Adobe, Amazon Web Services, Microsoft, Oracle, Salesforce, Samsung Electronics and SAP, and others. Additionally, the company operate a data streaming platform. The company has a strategic collaboration with Arm Holdings plc for the development of new dual-architecture hardware that helps enterprises run future AI and data intensive workloads; and strategic partnership with three.ws to advance ai-powered 3d agent technology. The company was formerly known as Computing-Tabulating-Recording Co. International Business Machines Corporation was incorporated in 1911 and is headquartered in Armonk, New York.
đ° Latest News
Nasdaq Suffers Worst Day in More Than a Year; S&P 500 Snaps Winning Weekly Streak
MT Newswires âĸ 2026-06-05T21:05:43Z
Former cyber executive turned whistleblower accuses IBM of covering up several data breaches
TechCrunch âĸ 2026-06-05T20:31:04Z
AI Layoffs Already Have Surpassed Last Yearâs Total. Tech Workers Are Being Cut First.
24/7 Wall St. âĸ 2026-06-05T19:01:53Z
IBM and Google team up to launch stunning product for customers
TheStreet âĸ 2026-06-05T18:33:00Z
Equities Fall, Yields Jump Intraday After Jobs Report; Tech Leads Sell-Off
MT Newswires âĸ 2026-06-05T18:21:33Z
IBM Loves Quantum. Everybody Else Is Just Wrong.
Barrons.com âĸ 2026-06-05T17:41:00Z
Wedbush resets IBM stock price target on AI momentum
TheStreet âĸ 2026-06-05T17:32:00Z
Quantinuum Stock Breaks Below Its Offer Price. Why the Buzzy Quantum IPO Is Faltering.
Barrons.com âĸ 2026-06-05T17:20:00Z
Why Is IonQ (IONQ) Up 37.7% Since Last Earnings Report?
Zacks âĸ 2026-06-05T15:30:24Z
Would You Buy IBM Stock At A 35% Discount?
Trefis âĸ 2026-06-05T13:39:01Z
Period:
Loading...
Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $24,497,000,000 | $23,639,000,000 | $27,560,000,000 | $27,842,000,000 |
| Cost Of Revenue | $28,239,000,000 | $27,201,000,000 | $27,560,000,000 | $27,842,000,000 |
| Total Revenue | $67,536,000,000 | $62,753,000,000 | $61,860,000,000 | $60,530,000,000 |
| Operating Revenue | $67,536,000,000 | $62,753,000,000 | $61,860,000,000 | $60,530,000,000 |
| Expenses | ||||
| Interest Expense | $1,935,000,000 | $1,712,000,000 | $1,607,000,000 | $1,216,000,000 |
| Total Expenses | $55,044,000,000 | $52,678,000,000 | $52,478,000,000 | $52,355,000,000 |
| Other Income Expense | $-873,000,000 | $-3,313,000,000 | $245,000,000 | $-5,965,000,000 |
| Other Non Operating Income Expenses | $156,000,000 | $-3,172,000,000 | $305,000,000 | $-6,105,000,000 |
| Net Non Operating Interest Income Expense | $-1,290,000,000 | $-965,000,000 | $-937,000,000 | $-1,054,000,000 |
| Interest Expense Non Operating | $1,935,000,000 | $1,712,000,000 | $1,607,000,000 | $1,216,000,000 |
| Operating Expense | $26,805,000,000 | $25,477,000,000 | $24,918,000,000 | $24,513,000,000 |
| Other Operating Expenses | $-964,000,000 | $-996,000,000 | $-860,000,000 | $-663,000,000 |
| Selling And Marketing Expense | $1,129,000,000 | $1,173,000,000 | $1,237,000,000 | $1,330,000,000 |
| General And Administrative Expense | $17,012,000,000 | $16,737,000,000 | $16,322,000,000 | $16,103,000,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $10,571,000,000 | $6,015,000,000 | $7,514,000,000 | $1,783,000,000 |
| Net Interest Income | $-1,290,000,000 | $-965,000,000 | $-937,000,000 | $-1,054,000,000 |
| Interest Income | $645,000,000 | $747,000,000 | $670,000,000 | $162,000,000 |
| Normalized Income | $11,383,910,000 | $6,126,390,000 | $7,565,900,000 | $1,672,400,000 |
| Net Income From Continuing And Discontinued Operation | $10,593,000,000 | $6,023,000,000 | $7,502,000,000 | $1,640,000,000 |
| Net Income Common Stockholders | $10,593,000,000 | $6,023,000,000 | $7,502,000,000 | $1,639,000,000 |
| Net Income | $10,593,000,000 | $6,023,000,000 | $7,502,000,000 | $1,640,000,000 |
| Net Income Including Noncontrolling Interests | $10,593,000,000 | $6,023,000,000 | $7,502,000,000 | $1,640,000,000 |
| Net Income Discontinuous Operations | $22,000,000 | $8,000,000 | $-12,000,000 | $-143,000,000 |
| Net Income Continuous Operations | $10,571,000,000 | $6,015,000,000 | $7,514,000,000 | $1,783,000,000 |
| Pretax Income | $10,328,000,000 | $5,797,000,000 | $8,690,000,000 | $1,156,000,000 |
| Special Income Charges | $-670,000,000 | $-104,000,000 | $-430,000,000 | $-29,000,000 |
| Interest Income Non Operating | $645,000,000 | $747,000,000 | $670,000,000 | $162,000,000 |
| Operating Income | $12,492,000,000 | $10,074,000,000 | $9,382,000,000 | $8,174,000,000 |
| Depreciation Amortization Depletion Income Statement | $1,279,000,000 | $1,105,000,000 | $995,000,000 | $1,062,000,000 |
| Depreciation And Amortization In Income Statement | $1,279,000,000 | $1,105,000,000 | $995,000,000 | $1,062,000,000 |
| Amortization Of Intangibles Income Statement | $1,279,000,000 | $1,105,000,000 | $995,000,000 | $1,062,000,000 |
| Gross Profit | $39,297,000,000 | $35,551,000,000 | $34,300,000,000 | $32,687,000,000 |
| Average Dilution Earnings | - | $0 | $0 | $0 |
| Per Share | ||||
| Diluted EPS | $11.17 | $6.43 | $8.14 | $1.80 |
| Basic EPS | $11.36 | $6.53 | $8.23 | $1.82 |
| Other | ||||
| Tax Effect Of Unusual Items | $-216,090,000 | $-29,610,000 | $-8,100,000 | $29,400,000 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $18,313,000,000 | $12,317,000,000 | $14,753,000,000 | $7,034,000,000 |
| Total Unusual Items | $-1,029,000,000 | $-141,000,000 | $-60,000,000 | $140,000,000 |
| Total Unusual Items Excluding Goodwill | $-1,029,000,000 | $-141,000,000 | $-60,000,000 | $140,000,000 |
| Reconciled Depreciation | $5,021,000,000 | $4,667,000,000 | $4,396,000,000 | $4,802,000,000 |
| EBITDA (Bullshit earnings) | $17,284,000,000 | $12,176,000,000 | $14,693,000,000 | $7,174,000,000 |
| EBIT | $12,263,000,000 | $7,509,000,000 | $10,297,000,000 | $2,372,000,000 |
| Diluted Average Shares | $948,700,000 | $937,200,000 | $922,100,000 | $912,300,000 |
| Basic Average Shares | $932,300,000 | $921,800,000 | $911,200,000 | $902,700,000 |
| Diluted NI Availto Com Stockholders | $10,593,000,000 | $6,023,000,000 | $7,502,000,000 | $1,639,000,000 |
| Tax Provision | $-242,000,000 | $-218,000,000 | $1,176,000,000 | $-626,000,000 |
| Restructuring And Mergern Acquisition | $670,000,000 | $696,000,000 | $438,000,000 | $50,000,000 |
| Gain On Sale Of Security | $-359,000,000 | $-37,000,000 | $-60,000,000 | $140,000,000 |
| Provision For Doubtful Accounts | $33,000,000 | $-21,000,000 | $10,000,000 | $64,000,000 |
| Amortization | $1,279,000,000 | $1,105,000,000 | $995,000,000 | $1,062,000,000 |
| Research And Development | $8,316,000,000 | $7,479,000,000 | $6,775,000,000 | $6,567,000,000 |
| Selling General And Administration | $18,141,000,000 | $17,910,000,000 | $19,003,000,000 | $18,609,000,000 |
| Other Gand A | $16,108,000,000 | $16,047,000,000 | $15,706,000,000 | $15,537,000,000 |
| Salaries And Wages | $904,000,000 | $690,000,000 | $616,000,000 | $566,000,000 |
| Gain On Sale Of Ppe | - | $592,000,000 | $8,000,000 | $21,000,000 |
Fetched: 2026-05-23
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-46,459,000,000 | $-44,060,000,000 | $-48,681,000,000 | $-45,189,000,000 |
| Total Assets | $151,880,000,000 | $137,175,000,000 | $135,241,000,000 | $127,243,000,000 |
| Total Non Current Assets | $114,934,000,000 | $102,694,000,000 | $102,332,000,000 | $98,126,000,000 |
| Other Non Current Assets | $2,112,000,000 | $1,787,000,000 | $1,626,000,000 | $1,617,000,000 |
| Non Current Prepaid Assets | $7,544,000,000 | $7,492,000,000 | $7,506,000,000 | $8,236,000,000 |
| Non Current Deferred Assets | $9,435,000,000 | $7,766,000,000 | $7,498,000,000 | $7,122,000,000 |
| Non Current Deferred Taxes Assets | $8,610,000,000 | $6,978,000,000 | $6,656,000,000 | $6,256,000,000 |
| Non Current Accounts Receivable | $7,708,000,000 | $5,353,000,000 | $5,766,000,000 | $5,806,000,000 |
| Goodwill And Other Intangible Assets | $79,107,000,000 | $71,367,000,000 | $71,214,000,000 | $67,133,000,000 |
| Other Intangible Assets | $11,390,000,000 | $10,661,000,000 | $11,036,000,000 | $11,184,000,000 |
| Current Assets | $36,944,000,000 | $34,482,000,000 | $32,908,000,000 | $29,118,000,000 |
| Other Current Assets | $2,530,000,000 | $2,519,000,000 | $2,639,000,000 | $2,610,000,000 |
| Assets Held For Sale Current | $1,131,000,000 | $900,000,000 | $692,000,000 | $939,000,000 |
| Current Deferred Assets | $1,084,000,000 | $959,000,000 | $998,000,000 | $967,000,000 |
| Restricted Cash | $54,000,000 | $214,000,000 | $21,000,000 | $103,000,000 |
| Inventory | $1,220,000,000 | $1,289,000,000 | $1,161,000,000 | $1,552,000,000 |
| Receivables | $16,508,000,000 | $14,010,000,000 | $13,956,000,000 | $14,209,000,000 |
| Other Receivables | $8,396,000,000 | $7,206,000,000 | $6,742,000,000 | $7,668,000,000 |
| Accounts Receivable | $8,112,000,000 | $6,804,000,000 | $7,214,000,000 | $6,541,000,000 |
| Allowance For Doubtful Accounts Receivable | $-99,000,000 | $-114,000,000 | $-192,000,000 | $-233,000,000 |
| Gross Accounts Receivable | $8,211,000,000 | $6,918,000,000 | $7,406,000,000 | $6,774,000,000 |
| Cash Cash Equivalents And Short Term Investments | $14,417,000,000 | $14,591,000,000 | $13,441,000,000 | $8,738,000,000 |
| Cash And Cash Equivalents | $13,587,000,000 | $13,947,000,000 | $13,068,000,000 | $7,886,000,000 |
| Financial Assets | - | - | - | - |
| Prepaid Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $47,673,000,000 | $41,026,000,000 | $43,479,000,000 | $43,063,000,000 |
| Total Debt | $64,607,000,000 | $58,396,000,000 | $59,935,000,000 | $54,013,000,000 |
| Long Term Debt And Capital Lease Obligation | $57,383,000,000 | $52,539,000,000 | $52,689,000,000 | $48,379,000,000 |
| Long Term Debt | $54,836,000,000 | $49,884,000,000 | $50,121,000,000 | $46,189,000,000 |
| Current Debt And Capital Lease Obligation | $7,224,000,000 | $5,857,000,000 | $7,246,000,000 | $5,634,000,000 |
| Current Debt | $6,424,000,000 | $5,089,000,000 | $6,426,000,000 | $4,760,000,000 |
| Other Current Borrowings | $6,424,000,000 | $5,089,000,000 | $6,426,000,000 | $4,760,000,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $119,139,000,000 | $109,782,000,000 | $112,628,000,000 | $105,222,000,000 |
| Total Non Current Liabilities Net Minority Interest | $80,481,000,000 | $76,640,000,000 | $78,506,000,000 | $73,717,000,000 |
| Other Non Current Liabilities | $1,068,000,000 | $981,000,000 | $1,164,000,000 | $1,206,000,000 |
| Derivative Product Liabilities | $259,000,000 | $463,000,000 | $299,000,000 | $488,000,000 |
| Non Current Deferred Liabilities | $5,052,000,000 | $4,437,000,000 | $4,679,000,000 | $5,791,000,000 |
| Non Current Deferred Taxes Liabilities | $781,000,000 | $815,000,000 | $1,146,000,000 | $2,292,000,000 |
| Current Liabilities | $38,658,000,000 | $33,142,000,000 | $34,122,000,000 | $31,505,000,000 |
| Current Deferred Liabilities | $16,101,000,000 | $13,907,000,000 | $13,451,000,000 | $12,032,000,000 |
| Payables And Accrued Expenses | $11,219,000,000 | $9,774,000,000 | $9,923,000,000 | $10,358,000,000 |
| Payables | $7,103,000,000 | $6,065,000,000 | $6,402,000,000 | $6,247,000,000 |
| Total Tax Payable | $2,347,000,000 | $2,033,000,000 | $2,270,000,000 | $2,196,000,000 |
| Accounts Payable | $4,756,000,000 | $4,032,000,000 | $4,132,000,000 | $4,051,000,000 |
| Other Current Liabilities | - | $-1,000,000 | $1,000,000 | $1,000,000 |
| Tradeand Other Payables Non Current | - | - | - | $90,000,000 |
| Liabilities Heldfor Sale Non Current | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $32,648,000,000 | $27,307,000,000 | $22,533,000,000 | $21,944,000,000 |
| Total Equity Gross Minority Interest | $32,741,000,000 | $27,393,000,000 | $22,613,000,000 | $22,021,000,000 |
| Stockholders Equity | $32,648,000,000 | $27,307,000,000 | $22,533,000,000 | $21,944,000,000 |
| Gains Losses Not Affecting Retained Earnings | $-15,713,000,000 | $-15,269,000,000 | $-18,761,000,000 | $-16,740,000,000 |
| Other Equity Adjustments | $-15,713,000,000 | $-15,269,000,000 | $-18,761,000,000 | $-16,740,000,000 |
| Retained Earnings | $155,648,000,000 | $151,163,000,000 | $151,276,000,000 | $149,825,000,000 |
| Other Equity Interest | - | $1,000,000 | $-1,000,000 | - |
| Long Term Equity Investment | - | - | - | - |
| Investments In Other Ventures Under Equity Method | - | - | - | - |
| Other | ||||
| Treasury Shares Number | $1,353,666,394 | $1,352,874,243 | $1,351,897,513 | $1,351,024,943 |
| Ordinary Shares Number | $936,952,129 | $926,290,070 | $915,013,646 | $906,091,977 |
| Share Issued | $2,290,618,523 | $2,279,164,313 | $2,266,911,159 | $2,257,116,920 |
| Tangible Book Value | $-46,459,000,000 | $-44,060,000,000 | $-48,681,000,000 | $-45,189,000,000 |
| Invested Capital | $93,908,000,000 | $82,280,000,000 | $79,080,000,000 | $72,893,000,000 |
| Working Capital | $-1,714,000,000 | $1,340,000,000 | $-1,214,000,000 | $-2,387,000,000 |
| Capital Lease Obligations | $3,347,000,000 | $3,423,000,000 | $3,388,000,000 | $3,064,000,000 |
| Total Capitalization | $87,484,000,000 | $77,191,000,000 | $72,654,000,000 | $68,133,000,000 |
| Minority Interest | $93,000,000 | $86,000,000 | $80,000,000 | $77,000,000 |
| Treasury Stock | $170,605,000,000 | $169,968,000,000 | $169,624,000,000 | $169,484,000,000 |
| Capital Stock | $63,318,000,000 | $61,380,000,000 | $59,643,000,000 | $58,343,000,000 |
| Common Stock | $63,318,000,000 | $61,380,000,000 | $59,643,000,000 | $58,343,000,000 |
| Employee Benefits | $10,841,000,000 | $11,151,000,000 | $12,553,000,000 | $11,206,000,000 |
| Non Current Pension And Other Postretirement Benefit Plans | $10,563,000,000 | $10,877,000,000 | $12,245,000,000 | $10,903,000,000 |
| Non Current Accrued Expenses | $207,000,000 | $204,000,000 | $206,000,000 | $243,000,000 |
| Non Current Deferred Revenue | $4,271,000,000 | $3,622,000,000 | $3,533,000,000 | $3,499,000,000 |
| Long Term Capital Lease Obligation | $2,547,000,000 | $2,655,000,000 | $2,568,000,000 | $2,190,000,000 |
| Long Term Provisions | $5,671,000,000 | $6,865,000,000 | $6,916,000,000 | $6,404,000,000 |
| Current Deferred Revenue | $16,101,000,000 | $13,907,000,000 | $13,451,000,000 | $12,032,000,000 |
| Current Capital Lease Obligation | $800,000,000 | $768,000,000 | $820,000,000 | $874,000,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $4,114,000,000 | $3,605,000,000 | $3,501,000,000 | $3,481,000,000 |
| Current Accrued Expenses | $4,116,000,000 | $3,709,000,000 | $3,521,000,000 | $4,111,000,000 |
| Defined Pension Benefit | $7,544,000,000 | $7,492,000,000 | $7,506,000,000 | $8,236,000,000 |
| Goodwill | $67,717,000,000 | $60,706,000,000 | $60,178,000,000 | $55,949,000,000 |
| Net PPE | $9,028,000,000 | $8,929,000,000 | $8,722,000,000 | $8,212,000,000 |
| Accumulated Depreciation | $-11,975,000,000 | $-11,959,000,000 | $-12,621,000,000 | $-13,361,000,000 |
| Gross PPE | $21,003,000,000 | $20,888,000,000 | $21,343,000,000 | $21,573,000,000 |
| Other Properties | $7,129,000,000 | $6,989,000,000 | $6,605,000,000 | $6,039,000,000 |
| Machinery Furniture Equipment | $8,885,000,000 | $8,895,000,000 | $9,223,000,000 | $9,643,000,000 |
| Buildings And Improvements | $4,807,000,000 | $4,825,000,000 | $5,333,000,000 | $5,678,000,000 |
| Land And Improvements | $182,000,000 | $179,000,000 | $182,000,000 | $213,000,000 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $230,000,000 | $134,000,000 | $78,000,000 | $158,000,000 |
| Work In Process | $990,000,000 | $1,155,000,000 | $1,083,000,000 | $1,394,000,000 |
| Other Short Term Investments | $830,000,000 | $644,000,000 | $373,000,000 | $852,000,000 |
| Investments And Advances | - | - | - | $1,617,000,000 |
| Other Investments | - | - | - | $1,617,000,000 |
| Other Inventories | - | - | - | - |
Fetched: 2026-05-23
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $11,455,000,000 | $11,760,000,000 | $12,121,000,000 | $8,463,000,000 |
| Operating Activities | ||||
| Operating Cash Flow | $13,193,000,000 | $13,445,000,000 | $13,931,000,000 | $10,435,000,000 |
| Cash Flow From Continuing Operating Activities | $13,194,000,000 | $13,445,000,000 | $13,931,000,000 | $10,435,000,000 |
| Operating Gains Losses | $-39,000,000 | $2,461,000,000 | $-170,000,000 | $5,531,000,000 |
| Investing Activities | ||||
| Capital Expenditure | $-1,738,000,000 | $-1,685,000,000 | $-1,810,000,000 | $-1,972,000,000 |
| Investing Cash Flow | $-10,302,000,000 | $-4,937,000,000 | $-7,070,000,000 | $-4,202,000,000 |
| Cash Flow From Continuing Investing Activities | $-10,303,000,000 | $-4,937,000,000 | $-7,071,000,000 | $-4,202,000,000 |
| Net Other Investing Changes | $1,000,000 | - | $1,000,000 | - |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-1,018,000,000 | $-651,000,000 | $-402,000,000 | $-407,000,000 |
| Issuance Of Capital Stock | $710,000,000 | $745,000,000 | $414,000,000 | $279,000,000 |
| Financing Cash Flow | $-3,829,000,000 | $-7,079,000,000 | $-1,769,000,000 | $-4,958,000,000 |
| Cash Flow From Continuing Financing Activities | $-3,829,000,000 | $-7,078,000,000 | $-1,770,000,000 | $-4,958,000,000 |
| Net Other Financing Charges | $-139,000,000 | $-146,000,000 | $-238,000,000 | $-103,000,000 |
| Cash Dividends Paid | $-6,255,000,000 | $-6,147,000,000 | $-6,040,000,000 | $-5,948,000,000 |
| Common Stock Dividend Paid | $-6,255,000,000 | $-6,147,000,000 | $-6,040,000,000 | $-5,948,000,000 |
| Net Common Stock Issuance | $-308,000,000 | $94,000,000 | $12,000,000 | $-128,000,000 |
| Common Stock Issuance | $710,000,000 | $745,000,000 | $414,000,000 | $279,000,000 |
| Other | ||||
| Repayment Of Debt | $-5,489,000,000 | $-6,615,000,000 | $-5,082,000,000 | $-6,800,000,000 |
| Issuance Of Debt | $8,391,000,000 | $5,705,000,000 | $9,586,000,000 | $7,804,000,000 |
| Interest Paid Supplemental Data | $2,042,000,000 | $1,978,000,000 | $1,668,000,000 | $1,401,000,000 |
| Income Tax Paid Supplemental Data | $1,948,000,000 | $1,723,000,000 | $1,564,000,000 | $1,865,000,000 |
| End Cash Position | $13,640,000,000 | $14,160,000,000 | $13,089,000,000 | $7,988,000,000 |
| Beginning Cash Position | $14,160,000,000 | $13,089,000,000 | $7,988,000,000 | $6,957,000,000 |
| Effect Of Exchange Rate Changes | $418,000,000 | $-359,000,000 | $9,000,000 | $-244,000,000 |
| Changes In Cash | $-938,000,000 | $1,430,000,000 | $5,092,000,000 | $1,275,000,000 |
| Common Stock Payments | $-1,018,000,000 | $-651,000,000 | $-402,000,000 | $-407,000,000 |
| Net Issuance Payments Of Debt | $2,873,000,000 | $-880,000,000 | $4,497,000,000 | $1,221,000,000 |
| Net Short Term Debt Issuance | $-29,000,000 | $30,000,000 | $-7,000,000 | $217,000,000 |
| Net Long Term Debt Issuance | $2,902,000,000 | $-910,000,000 | $4,504,000,000 | $1,004,000,000 |
| Long Term Debt Payments | $-5,489,000,000 | $-6,615,000,000 | $-5,082,000,000 | $-6,800,000,000 |
| Long Term Debt Issuance | $8,391,000,000 | $5,705,000,000 | $9,586,000,000 | $7,804,000,000 |
| Net Investment Purchase And Sale | $-391,000,000 | $-1,218,000,000 | $-496,000,000 | $-1,265,000,000 |
| Sale Of Investment | $9,704,000,000 | $6,544,000,000 | $10,647,000,000 | $4,665,000,000 |
| Purchase Of Investment | $-10,095,000,000 | $-7,762,000,000 | $-11,143,000,000 | $-5,930,000,000 |
| Net Business Purchase And Sale | $-8,295,000,000 | $-2,591,000,000 | $-5,086,000,000 | $-1,076,000,000 |
| Purchase Of Business | $-8,295,000,000 | $-3,289,000,000 | $-5,086,000,000 | $-2,348,000,000 |
| Net Intangibles Purchase And Sale | $-647,000,000 | $-637,000,000 | $-565,000,000 | $-626,000,000 |
| Purchase Of Intangibles | $-647,000,000 | $-637,000,000 | $-565,000,000 | $-626,000,000 |
| Net PPE Purchase And Sale | $-970,000,000 | $-491,000,000 | $-924,000,000 | $-1,235,000,000 |
| Sale Of PPE | $121,000,000 | $557,000,000 | $321,000,000 | $111,000,000 |
| Purchase Of PPE | $-1,091,000,000 | $-1,048,000,000 | $-1,245,000,000 | $-1,346,000,000 |
| Change In Working Capital | $-3,139,000,000 | $1,313,000,000 | $2,184,000,000 | $202,000,000 |
| Change In Other Working Capital | $445,000,000 | $1,866,000,000 | $1,004,000,000 | $457,000,000 |
| Change In Payables And Accrued Expense | $624,000,000 | $-13,000,000 | $65,000,000 | $213,000,000 |
| Change In Payable | $624,000,000 | $-13,000,000 | $65,000,000 | $213,000,000 |
| Change In Account Payable | $624,000,000 | $-13,000,000 | $65,000,000 | $213,000,000 |
| Change In Inventory | $70,000,000 | $-166,000,000 | $390,000,000 | $71,000,000 |
| Change In Receivables | $-4,278,000,000 | $-374,000,000 | $725,000,000 | $-539,000,000 |
| Other Non Cash Items | $-1,000,000 | - | - | - |
| Stock Based Compensation | $1,715,000,000 | $1,311,000,000 | $1,133,000,000 | $987,000,000 |
| Deferred Tax | $-957,000,000 | $-2,330,000,000 | $-1,114,000,000 | $-2,726,000,000 |
| Deferred Income Tax | $-957,000,000 | $-2,330,000,000 | $-1,114,000,000 | $-2,726,000,000 |
| Depreciation Amortization Depletion | $5,021,000,000 | $4,667,000,000 | $4,396,000,000 | $4,802,000,000 |
| Depreciation And Amortization | $5,021,000,000 | $4,667,000,000 | $4,396,000,000 | $4,802,000,000 |
| Amortization Cash Flow | $2,737,000,000 | $2,499,000,000 | $2,287,000,000 | $2,395,000,000 |
| Amortization Of Intangibles | $2,737,000,000 | $2,499,000,000 | $2,287,000,000 | $2,395,000,000 |
| Depreciation | $2,284,000,000 | $2,168,000,000 | $2,109,000,000 | $2,407,000,000 |
| Pension And Employee Benefit Expense | $0 | $3,113,000,000 | $0 | $5,894,000,000 |
| Gain Loss On Sale Of Business | $-39,000,000 | $-652,000,000 | $-170,000,000 | $-363,000,000 |
| Net Income From Continuing Operations | $10,593,000,000 | $6,023,000,000 | $7,502,000,000 | $1,639,000,000 |
| Sale Of Business | - | $698,000,000 | - | $1,272,000,000 |
Fetched: 2026-05-23