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International Business Machines (NEOE:IBM) PensionAndRetirementBenefit : C$14,106 Mil (As of Mar. 2024)


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What is International Business Machines PensionAndRetirementBenefit?

International Business Machines's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was C$14,106 Mil.

International Business Machines's quarterly PensionAndRetirementBenefit increased from Sep. 2023 (C$12,300 Mil) to Dec. 2023 (C$16,841 Mil) but then declined from Dec. 2023 (C$16,841 Mil) to Mar. 2024 (C$14,106 Mil).

International Business Machines's annual PensionAndRetirementBenefit declined from Dec. 2021 (C$21,094 Mil) to Dec. 2022 (C$15,223 Mil) but then increased from Dec. 2022 (C$15,223 Mil) to Dec. 2023 (C$16,841 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.

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International Business Machines PensionAndRetirementBenefit Chart

International Business Machines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25,206.78 24,598.40 21,094.40 15,223.35 16,841.11

International Business Machines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,011.17 12,468.91 12,299.68 16,841.11 14,105.87

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 (NEOE:IBM) Business Description

Industry
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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.