IBM 2004 Annual Report Download - page 92

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
International Business Machines Corporation and Subsidiary Companies
90
ibm annual report 2004
management system segment view
(Dollars in millions)
Hardware
Systems and Personal
Global Technology Systems Global Enterprise Total
FOR THE YEAR ENDED DECEMBER 31: Services Group Group Software Financing Investments Segments
2004:
Assets $«19,123 $«8,669 $«1,940 $«5,278 $«34,589 $««68 $«69,667
Depreciation/amortization of intangibles:
Continuing operations 1,713 1,175 87 658 2,013 6 5,652
Discontinued operations ———————
Capital expenditures/investment in intangibles:
Continuing operations 1,953 968 71 434 2,229 6 5,661
Discontinued operations ———————
Interest income ————2,355—2,355
Interest expense ————584—584
2003:
Assets*$«16,683 $«8,751 $«1,894 $«4,682 $«35,916 $««69 $«67,995
Depreciation/amortization of intangibles:*
Continuing operations 1,581 1,141 95 641 2,160 7 5,625
Discontinued operations —10————10
Capital expenditures/investment in intangibles:*
Continuing operations 1,753 1,241 109 393 2,318 6 5,820
Discontinued operations — 5———— 5
Interest income ————2,349—2,349
Interest expense ————653—653
2002:
Assets*$«14,462 $«8,827 $«1,776 $«2,992 $«35,242 $««88 $«63,387
Depreciation/amortization of intangibles:*
Continuing operations 1,236 1,541 116 508 2,413 8 5,822
Discontinued operations —617————617
Capital expenditures/investment in intangibles:*
Continuing operations 1,294 1,672 96 385 2,561 9 6,017
Discontinued operations —323————323
Interest income ————2,703—2,703
Interest expense ————825—825
*Reclassified to conform with 2004 presentation.