IBM 2008 Annual Report Download - page 121


Notes to Consolidated Financial Statements
INTERNATIONAL BUSINESS MACHINES CORPORATION and Subsidiary Companies
Reconciliations of IBM as Reported
($  )
At December : 2008 2007 2006
Assets:
Total reportable segments $ 81,098 $ 78,348 $ 71,643
Elimination of internal transactions (5,594) (5,964) (5,347)
Unallocated amounts:
Cash and marketable securities 11,631 16,007 10,191
Notes and accounts receivable 3,632 3,639 3,743
Deferred tax assets 8,341 2,664 5,299
Plant, other property and equipment 3,172 3,098 3,091
Pension assets 1,594 17,397 10,614
Other 5,647 5,242 4,001
TOTAL IBM CONSOLIDATED $109,524 $120,431 $103,234
 
No single client represents  percent or more of the company’s total
revenue.
 
The following provides information for those countries that are 
percent or more of the specific category.
Revenue*
($  )
For the year ended December : 2008 2007 2006
United States $ 36,686 $36,511 $35,917
Japan 10,403 9,632 9,638
Other countries 56,541 52,643 45,869
TOTAL $103,630 $98,786 $91,424
* Revenues are attributed to countries based on location of client.
Net Plant, Property and Equipment
($  )
At December : 2008 2007 2006
United States $ 6,469 $ 6,592 $ 6,708
Japan 1,055 890 844
Other countries 4,797 5,365 4,849
TOTAL $12,321 $12,847 $12,401
    
  
The table below presents external revenue for similar classes of prod-
ucts or services within the company’s reportable segments. Within
Global Technology Services and Global Business Services, client
solutions often include IBM software and hardware and other suppli-
ers’ products if the client solution requires it. Within Software, product
license charges and ongoing subscription and support are reported as
Software and consulting, education, training and other product-related
services are reported as Services. Within Systems and Technology,
Microelectronics original equipment manufacturer (OEM) revenue
is primarily from the sale of semiconductors. Microelectronics
Services revenue includes circuit and component design services and
technology and manufacturing consulting services. See “Description
of the Business” beginning on page  for additional information.
The data is presented on a continuing operations basis.
($  )
Consolidated
For the year ended December : 2008 2007* 2006*
Global Technology Services:
Services $29,928 $27,482 $24,570
Maintenance 7,250 6,670 5,986
Hardware 1,648 1,496 1,511
Software 438 454 255
Global Business Services:
Services $19,176 $17,579 $15,462
Software 237 289 348
Hardware 215 173 159
Software:
Software $20,695 $18,992 $17,425
Services 1,394 990 735
Systems and Technology:
Servers $12,717 $13,348 $13,171
Storage 3,612 3,738 3,558
Microelectronics OEM 1,862 2,589 2,930
Retail Store Solutions 741 872 761
Microelectronics Services 355 383 499
Printing Systems — 386 1,050
Global Financing:
Financing $ 1,946 $ 1,803 $ 1,740
Remarketing 613 699 625
* Reclassified to conform with 2008 presentation.
Note W.
Subsequent Event
On January , , the company announced that the Board of
Directors approved a quarterly dividend of $. per common share.
The dividend is payable March ,  to shareholders of record on
February , .