IBM Files 2023 10-K, Details Financials and Operations
Ticker: IBM · Form: 10-K · Filed: 2024-02-26T00:00:00.000Z
Sentiment: neutral
Topics: earnings, annual-report
TL;DR
**IBM just dropped its 2023 10-K, giving us the full financial picture for the year!**
AI Summary
INTERNATIONAL BUSINESS MACHINES CORP (IBM) filed its 10-K on February 26, 2024, for the fiscal year ended December 31, 2023. The filing indicates a focus on its core business operations and financial health, with key financial metrics such as revenues and debt levels being reported. The company's business address is 1 New Orchard Road, Armonk, NY 10504.
Why It Matters
This filing provides a comprehensive overview of IBM's financial performance and strategic direction, offering investors and analysts crucial data to assess its market position and future prospects.
Risk Assessment
Risk Level: medium — While a mature company, IBM faces ongoing competition and technological shifts, which present inherent business risks.
Key Players & Entities
- INTERNATIONAL BUSINESS MACHINES CORP (company) — Filing entity
- IBM (company) — Common abbreviation for the filing entity
- December 31, 2023 (date) — Conformed period of report end date
- February 26, 2024 (date) — Filed as of date
- 1 New Orchard Road, Armonk, NY 10504 (company) — Business address
FAQ
What is the filing date of this 10-K for INTERNATIONAL BUSINESS MACHINES CORP?
The 10-K for INTERNATIONAL BUSINESS MACHINES CORP was filed as of February 26, 2024.
What is the fiscal year end date covered by this 10-K report?
The conformed period of report for this 10-K ends on December 31, 2023.
What is the Central Index Key (CIK) for INTERNATIONAL BUSINESS MACHINES CORP?
The Central Index Key (CIK) for INTERNATIONAL BUSINESS MACHINES CORP is 0000051143.
Where is the business address for INTERNATIONAL BUSINESS MACHINES CORP?
The business address for INTERNATIONAL BUSINESS MACHINES CORP is 1 New Orchard Road, Armonk, NY 10504.
What is the Standard Industrial Classification (SIC) for INTERNATIONAL BUSINESS MACHINES CORP?
The Standard Industrial Classification (SIC) for INTERNATIONAL BUSINESS MACHINES CORP is COMPUTER & OFFICE EQUIPMENT [3570].
From the Filing
0000051143-24-000012.txt : 20240226 0000051143-24-000012.hdr.sgml : 20240226 20240226064157 ACCESSION NUMBER: 0000051143-24-000012 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 376 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240226 DATE AS OF CHANGE: 20240226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL BUSINESS MACHINES CORP CENTRAL INDEX KEY: 0000051143 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER & OFFICE EQUIPMENT [3570] ORGANIZATION NAME: 06 Technology IRS NUMBER: 130871985 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02360 FILM NUMBER: 24673497 BUSINESS ADDRESS: STREET 1: 1 NEW ORCHARD ROAD CITY: ARMONK STATE: NY ZIP: 10504 BUSINESS PHONE: 9144991900 MAIL ADDRESS: STREET 1: 1 NEW ORCHARD RD CITY: ARMONK STATE: NY ZIP: 10504 10-K 1 ibm-20231231.htm 10-K ibm-20231231 CHX 0000051143 2023 FY false P5Y P3Y http://fasb.org/us-gaap/2023#Revenues http://fasb.org/us-gaap/2023#Revenues http://fasb.org/us-gaap/2023#Revenues P1Y P1Y P1Y P1Y http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#AccountsPayableCurrent http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#ShortTermBorrowings http://fasb.org/us-gaap/2023#ShortTermBorrowings http://fasb.org/us-gaap/2023#LongTermDebtNoncurrent http://fasb.org/us-gaap/2023#LongTermDebtNoncurrent P2Y P3Y http://www.ibm.com/20231231#OtherIncomeAndExpense P2Y http://www.ibm.com/20231231#AccruedLiabilitiesAndOtherLiabilitiesCurrent http://www.ibm.com/20231231#AccruedLiabilitiesAndOtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#ShortTermBorrowings http://fasb.org/us-gaap/2023#ShortTermBorrowings http://fasb.org/us-gaap/2023#LongTermDebtNoncurrent http://fasb.org/us-gaap/2023#LongTermDebtNoncurrent http://fasb.org/us-gaap/2023#CostOfRevenue http://fasb.org/us-gaap/2023#InterestExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://www.ibm.com/20231231#OtherIncomeAndExpense http://fasb.org/us-gaap/2023#CostOfRevenue http://fasb.org/us-gaap/2023#InterestExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://www.ibm.com/20231231#OtherIncomeAndExpense http://fasb.org/us-gaap/2023#CostOfRevenue http://fasb.org/us-gaap/2023#InterestExpense http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://www.ibm.com/20231231#OtherIncomeAndExpense http://fasb.org/us-gaap/2023#CostOfRevenue http://fasb.org/us-gaap/2023#InterestExpense http://fasb.org/us-gaap/2023#CostOfRevenue http://fasb.org/us-gaap/2023#InterestExpense http://fasb.org/us-gaap/2023#CostOfRevenue http://fasb.org/us-gaap/2023#InterestExpense P5Y P5Y 0000051143 2023-01-01 2023-12-31 0000051143 us-gaap:CommonStockMember exch:XCHI 2023-01-01 2023-12-31 0000051143 exch:XNYS us-gaap:CommonStockMember 2023-01-01 2023-12-31 0000051143 exch:XNYS ibm:Notes1.125PercentDue2024Member 2023-01-01 2023-12-31 0000051143 exch:XNYS ibm:Notes2.875PercentDue2025Member 2023-01-01 2023-12-31 0000051143 ibm:Notes0.950PercentDue2025Member exch:XNYS 2023-01-01 2023-12-31 0000051143 exch:XNYS ibm:Notes0.875PercentDue2025Member 2023-01-01 2023-12-31 0000051143 exch:XNYS ibm:Notes0.300PercentDue2026Member 2023-01-01 2023-12-31 0000051143 exch:XNYS ibm:Notes1.250PercentDue2027Member 2023-01-01 2023-12-31 0000051143 exch:XNYS ibm:Notes3.375PercentDue2027Member 2023-01-01 2023-12-31 0000051143 exch:XNYS ibm:Notes0.300PercentDue2028Member 2023-01-01 2023-12-31 0000051143 exch:XNYS ibm:Notes1.750PercentDue2028Member 2023-01-01 2023-12-31 0000051143 exch:XNYS ibm:Notes1.500PercentDue2029Member 2023-01-01 2023-12-31 0000051143 exch:XNYS ibm:Notes0.875PercentDue2030Member 2023-01-01 2023-12-31 0000051143 exch:XNYS ibm:Notes1.750PercentDue2031M