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International Business Machines Corp.$159.99($.07)(.04%)

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Income Statement for International Business Machines Corp.
(Amounts are in millions) 12/2016 12/2015 12/2014
Press Release Press Release Press Release
Net Sales or Revenues $79,919.00 $81,741.00 $92,793.00
Cost of Goods Sold $41,624.00 $41,057.00 $46,386.00
Gross Profit $38,295.00 $40,684.00 $46,407.00
       
Research & Development Expense $5,751.00 $5,247.00 $5,437.00
Selling, General, & Admin. Expense $21,069.00 $20,430.00 $23,180.00
Income Before Depreciation $11,475.00 $15,007.00 $17,790.00
       
Depreciation, Depletion, Amortization $0.00 $0.00 $0.00
Non-Operating Income $1,486.00 $1,406.00 $2,680.00
Interest Expense $630.00 $468.00 $484.00
Pretax Income $12,330.00 $15,945.00 $19,986.00
       
Provision for Income Taxes $449.00 $2,581.00 $4,234.00
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 $11,881.00 $13,364.00 $15,751.00
       
Extraordinary Items & Disc. Operations ($9.00) ($174.00) ($3,729.00)
Net Income $11,872.00 $13,190.00 $12,022.00
       
Basic Earnings Per Share $12.43 $13.48 $11.97
Diluted Earnings Per Share $12.38 $13.42 $11.90
       
Weighted Average Basic Shares Outstanding 955.40 978.70 1,004.30
Weighted Average Diluted Shares Outstanding 958.70 982.70 1,010.00
       
Income Before Non-Recurring Items $13,031.00 $14,660.00 $16,702.00
Income From Non-Recurring Items ($1,150.00) ($1,296.00) ($950.00)
Diluted Earnings Per Share before extras $13.59 $14.92 $16.53
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $5,229.70 $4,850.55 $4,211.75
Dividend Per Share (common) $5.50 $5.00 $4.25




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