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International Business Machines Corp.$119.90($.83)(.69%)

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Income Statement for International Business Machines Corp.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $79,139.00 $79,919.00 $81,741.00
Cost of Goods Sold $42,913.00 $41,624.00 $41,057.00
Gross Profit $36,226.00 $38,295.00 $40,684.00
       
Research & Development Expense $5,787.00 $5,751.00 $5,247.00
Selling, General, & Admin. Expense $20,107.00 $21,069.00 $20,430.00
Income Before Depreciation $10,332.00 $11,475.00 $15,007.00
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $1,682.00 $1,486.00 $1,406.00
Interest Expense $615.00 $630.00 $468.00
Pretax Income $11,400.00 $12,330.00 $15,945.00
       
Provision for Income Taxes $5,642.00 $449.00 $2,581.00
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $5,758.00 $11,881.00 $13,364.00
       
Extraordinary Items & Disc. Operations ($5.00) ($9.00) ($174.00)
Net Income $5,753.00 $11,872.00 $13,190.00
       
Basic Earnings Per Share $6.17 $12.43 $13.48
Diluted Earnings Per Share $6.14 $12.38 $13.42
       
Weighted Average Basic Shares Outstanding 932.80 955.40 978.70
Weighted Average Diluted Shares Outstanding 937.40 958.70 982.70
       
Income Before Non-Recurring Items $12,934.00 $13,031.00 $14,660.00
Income From Non-Recurring Items ($7,176.00) ($1,150.00) ($1,296.00)
Diluted Earnings Per Share before extras $13.80 $13.59 $14.92
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $5,462.17 $5,229.70 $4,850.55
Dividend Per Share (common) $5.90 $5.50 $5.00




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