IBM 2008 Annual Report Download - page 19

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Report of Financials
INTERNATIONAL BUSINESS MACHINES CORPORATION and Subsidiary Companies

 
Road Map 
Forward-Looking and Cautionary Statements 
Management Discussion Snapshot 
Description of Business 
Year in Review 
Prior Year in Review 
Discontinued Operations 
Other Information 
Looking Forward 
Liquidity and Capital Resources 
Critical Accounting Estimates 
Currency Rate Fluctuations 
Market Risk 
Financing Risks 
Employees and Related Workforce 
Global Financing 
REPORT OF MANAGEMENT 
REPORT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM 
  
Earnings 
Financial Position 
Cash Flows 
Stockholders’ Equity 
   

A Significant Accounting Policies 
B Accounting Changes 
C Acquisitions/Divestitures 
D Fair Value 
E Financial Instruments (Excluding Derivatives) 
F Inventories 
G Financing Receivables 
H Plant, Rental Machines and Other Property 
I Investments and Sundry Assets 
J Intangible Assets Including Goodwill 
K Borrowings 
L Derivatives and Hedging Transactions 
M Other Liabilities 
N Stockholders’ Equity Activity 
O Contingencies and Commitments 
P Taxes 
Q Research, Development and Engineering 
R Earnings Per Share of Common Stock 
S Rental Expense and Lease Commitments 
T Stock-Based Compensation 
U Retirement-Related Benefits 
V Segment Information 
WSubsequent Event 
FIVE-YEAR COMPARISON OF SELECTED
FINANCIAL DATA 
SELECTED QUARTERLY DATA 
PERFORMANCE GRAPHS 
BOARD OF DIRECTORS AND SENIOR LEADERSHIP 
STOCKHOLDER INFORMATION 