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NotestoConsolidatedFinancialStatements
INTERNATIONALBUSINESSMACHINESCORPORATION ANDSUBSIDIARYCOMPANIES
_99
RECONCILIATIONS OF IBM AS REPORTED
(Dollarsinmillions)
ATDECEMBER31: 2005 2004 2003
Assets:
Totalreportablesegments $«««64,027 $«««69,656 $«««67,995
Eliminationofinternal
transactions (5,082) (5,814) (5,596)
Unallocatedamounts:
Cashandmarketable
securities 12,381 9,421 6,523
Notesandaccounts
receivable 3,281 3,872 3,334
Deferredtaxassets 3,311 6,731 8,050
Plant,otherproperty
andequipment 3,068 3,522 3,380
Pensionassets 20,613 20,381 18,416
Other 4,149 3,234 3,919
TotalIBMconsolidated $«105,748 $«111,003 $«106,021
RevenuebyClassesof
SimilarProductsorServices
For the Personal Computing Division, Software and Global
Financing segments, the data on page 96 represents the rev-
enuecontributionsfromthe productsthat arecontainedinthe
segmentsandthatarebasicallysimilarinnature.Thefollowing
tableprovidesexternalrevenueforsimilar classesofproducts
withintheSystemsandTechnologyGroup,GlobalServicesand
EnterpriseInvestmentssegments.TheSystemsandTechnology
Group segment’s Microelectronics OEM hardware comprises
revenueprimarilyfromthesaleofsemiconductors.Technology
servicescomprisetheSystemsandTechnologyGroup’scircuit
designbusinessforitsOEMclients,aswellasthecomponent
design services, strategic outsourcing of clients’ design team
work, and technology and manufacturing consulting services
associatedwiththeEngineering&TechnologyServicesDivision.
The Systems and Technology Group segment’s storage com-
prisesrevenuefromTotalStoragediskstoragesystems and tape
subsystems. EnterpriseInvestmentssoftwarerevenueisprimarily
from product life-cycle management products. The following
tableispresentedonacontinuingoperationsbasis.
(Dollarsinmillions)
CONSOLIDATED
FORTHEYEARENDEDDECEMBER31: 2005 2004 2003
GlobalServices:
Services $«41,489 $«40,517 $«37,178
Maintenance 5,868 5,696 5,457
Systemsand
TechnologyGroup:
Servers $«12,900 $«12,460 $«11,148
Storage 3,345 2,901 2,854
MicroelectronicsOEM «««2,391 «««2,131 «««2,142
PrinterSystems 1,136 1,243 1,344
RetailStoreSystems 627 814 692
Technologyservices 582 424 325
EnterpriseInvestments:
Software $«««1,166 $«««1,131 $««««««981
Hardware 28 37 72
Others 912 12
MajorClients
Nosingle client represents10percentormoreofthecompany’s
totalrevenue.
GeographicInformation
Thefollowingprovidesinformationforthosecountriesthatare10
percentormoreofthespecificcategory.
REVENUE*
(Dollarsinmillions)
FORTHEYEARENDEDDECEMBER31: 2005 2004 2003
UnitedStates $«34,951 $«35,637 $«33,762
Japan 10,753 12,295 11,694
Othercountries 45,430 48,361 43,675
Total $«91,134 $«96,293 $«89,131
* Revenuesareattributedtocountriesbasedonlocationof client.
NET PLANT,PROPERTY AND EQUIPMENT
(Dollarsinmillions)
AT DECEMBER31: 2005 2004 2003
UnitedStates $«««6,907 $«««7,516 $«««7,746
Japan 922 1,286 1,306
Othercountries 4,327 4,866 4,201
Total $«12,156 $«13,668 $«13,253