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International Business Machines Corp.$108.03($4.86)(4.31%)

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Income Statement for International Business Machines Corp.
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $77,147.00 $79,591.00 $79,139.00
Cost of Goods Sold $40,658.00 $42,655.00 $42,913.00
Gross Profit $36,489.00 $36,936.00 $36,226.00
       
Research & Development Expense $5,989.00 $5,379.00 $5,787.00
Selling, General, & Admin. Expense $20,604.00 $19,366.00 $20,107.00
Income Before Depreciation $9,896.00 $12,191.00 $10,332.00
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $1,616.00 ($126.00) $1,682.00
Interest Expense $1,344.00 $723.00 $615.00
Pretax Income $10,166.00 $11,342.00 $11,400.00
       
Provision for Income Taxes $731.00 $2,619.00 $5,642.00
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 $9,435.00 $8,723.00 $5,758.00
       
Extraordinary Items & Disc. Operations ($4.00) $5.00 ($5.00)
Net Income $9,431.00 $8,728.00 $5,753.00
       
Basic Earnings Per Share $10.63 $9.57 $6.17
Diluted Earnings Per Share $10.56 $9.52 $6.14
       
Weighted Average Basic Shares Outstanding 887.20 912.00 932.80
Weighted Average Diluted Shares Outstanding 892.80 916.30 937.40
       
Income Before Non-Recurring Items $11,436.00 $12,657.00 $12,934.00
Income From Non-Recurring Items ($2,001.00) ($3,934.00) ($7,176.00)
Diluted Earnings Per Share before extras $12.81 $13.81 $13.80
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $5,694.65 $5,643.61 $5,462.17
Dividend Per Share (common) $6.43 $6.21 $5.90




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