International Business Machines (International Business Machines) PensionAndRetirementBenefit

: $12,553 Mil (As of Dec. 2023)

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International Business Machines's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was $12,553 Mil.

International Business Machines's quarterly PensionAndRetirementBenefit declined from Jun. 2023 ($9,385 Mil) to Sep. 2023 ($9,090 Mil) but then increased from Sep. 2023 ($9,090 Mil) to Dec. 2023 ($12,553 Mil).

International Business Machines's annual PensionAndRetirementBenefit declined from Dec. 2021 ($16,480 Mil) to Dec. 2022 ($11,206 Mil) but then increased from Dec. 2022 ($11,206 Mil) to Dec. 2023 ($12,553 Mil).

International Business Machines PensionAndRetirementBenefit Historical Data

The historical data trend for International Business Machines's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

International Business Machines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PensionAndRetirementBenefit

19,141.00

19,204.00

16,480.00

11,206.00

12,553.00

International Business Machines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PensionAndRetirementBenefit																11,206.00	9,509.00	9,385.00	9,090.00	12,553.00

International Business Machines PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

International Business Machines (International Business Machines) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

One New Orchard Road, Armonk, NY, USA, 10504

Website

http://www.ibm.com

IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.

Executives

Michael Miebach	director	2000 PURCHASE STREET, PURCHASE NY 10577
James J Kavanaugh	officer: Vice President and Controller	IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Nicolas A. Fehring	officer: VP, Controller	ONE NEW ORCHARD ROAD, ARMONK NY 10504
Del Bene Robert F	officer: VP, Controller	IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
David N Farr	director
Michelle J Howard	director	C/O SECRETARY'S OFFICE, IBM CORPORATION, ARMONK NY 10504
Alfred W Zollar	director	C/O LOTUS SOFTWARE, ONE ROGER STREET, CAMBRIDGE MA 02142
Gary D Cohn	officer: Vice Chairman	812 PARK AVENUE, 7-8A, NEW YORK NY 10021
Nickle Jaclyn Lamoreaux	officer: Senior Vice President	IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
James M Whitehurst	officer: President	IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Alex Gorsky	director	JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Andrew N Liveris	director	2211 H.H. DOW WAY, MIDLAND MI 48674
Joseph Swedish	director	WELLPOINT, INC., 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Frederick H Waddell	director	50 S. LA SALLE ST., CHICAGO IL 60675
Mcnabb Frederick William Iii	director	C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343