IBM 2003 Annual Report Download - page 122

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Notes to Consolidated Financial Statements
INTERNATIONAL BUSINESS MACHINES CORPORATION AND SUBSIDIARY COMPANIES
120
MANAGEMENT SYSTEM SEGMENT VIEW
(dollars in millions)
HARDWARE
PERSONAL
GLOBAL SYSTEMS SYSTEMS TECHNOLOGY GLOBAL ENTERPRISE TOTAL
FOR THE YEAR ENDED DECEMBER 31: SERVICES GROUP GROUP GROUP SOFTWARE FINANCING INVESTMENTS SEGMENTS
2003:
Assets $«16,683 $«2,916 $«1,894 $«5,852 $«5,017 $«35,916 $«««69 $«68,347
Depreciation/amortization:
Continuing operations 1,487 344 95 766 883 2,160 7 5,742
Discontinued operations ———10———10
Capital expenditures/
investment in software:
Continuing operations 1,753 301 109 940 691 2,318 6 6,118
Discontinued operations ——— 5——— 5
Interest income —————2,349 — 2,349
Interest expense —————653—653
2002:
Assets $«14,462 $«3,124 $«1,776 $«5,771 $«3,361 $«35,242 $«««88 $«63,824
Depreciation/amortization:
Continuing operations 1,213 335 116 1,167 809 2,413 8 6,061
Discontinued operations ———617———617
Capital expenditures/
investment in software:
Continuing operations 1,294 307 96 1,365 687 2,561 9 6,319
Discontinued operations ———323———323
Interest income —————2,703 — 2,703
Interest expense —————825—825
2001:
Assets $«10,340 $«3,208 $«1,904 $«9,136 $«3,356 $«36,670 106 $«64,720
Depreciation/amortization:
Continuing operations 1,219 308 131 676 782 2,476 8 5,600
Discontinued operations ———429———429
Capital expenditures/
investment in software:
Continuing operations 1,519 390 128 1,495 839 3,143 7 7,521
Discontinued operations ———360———360
Interest income —————2,941 — 2,941
Interest expense —————1,140 — 1,140