IBM 2010 Annual Report Download - page 131

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Notes to Consolidated Financial Statements
International Business Machines Corporation and Subsidiary Companies 129
Management System Segment View
($ in millions)
Global Services Segments
Global Global
Technology Business Systems and Global Total
For the year ended December 31: Services Services Software Technology Financing Segments
2010:
Assets $15,560 $8,007 $22,625 $7,287 $35,813 $89,292
Depreciation/amortization of intangibles 1,632 75 992 784 1,417 4,900
Capital expenditures/investments in intangibles 1,511 52 463 1,163 1,246 4,434
Interest income — — — — 2,116 2,116
Interest expense — — — — 548 548
2009:
Assets $16,422 $6,885 $16,894 $6,907 $34,605 $81,714
Depreciation/amortization of intangibles 1,680 87 906 814 1,694 5,181
Capital expenditures/investments in intangibles 1,512 45 471 658 1,460 4,145
Interest income — — — — 2,265 2,265
Interest expense — — — — 674 674
2008:
Assets $15,456 $6,874 $15,336 $7,313 $36,119 $81,098
Depreciation/amortization of intangibles 1,797 99 905 851 2,065 5,718
Capital expenditures/investments in intangibles 1,607 54 504 754 2,143 5,062
Interest income — — — — 2,604 2,604
Interest expense — — — — 988 988
Reconciliations of IBM as Reported
($ in millions)
At December 31: 2010 2009 2008
Assets:
Total reportable segments $ 89,292 $ 81,714 $ 81,098
Elimination of internal transactions (5,515) (5,481) (5,594)
Unallocated amounts:
Cash and marketable securities 10,113 12,688 11,631
Notes and accounts receivable 3,762 3,928 3,632
Deferred tax assets 4,494 5,545 8,341
Plant, other property and equipment 3,067 2,971 3,172
Pension assets 3,060 2,994 1,594
Other 5,178 4,665 5,647
Total IBM consolidated assets $113,452 $109,022 $109,524
Major Clients
No single client represented 10 percent or more of the company’s
total revenue in 2010, 2009 or 2008.
Geographic Information
The following provides information for those countries that are
10 percent or more of the specific category.
Revenue*
($ in millions)
For the year ended December 31: 2010 2009 2008
United States $35,581 $34,150 $ 36,686
Japan 10,701 10,222 10,403
Other countries 53,589 51,386 56,541
Total IBM consolidated revenue $99,870 $95,758 $103,630
* Revenues are attributed to countries based on the location of the client.
Net Plant, Property and Equipment
($ in millions)
At December 31: 2010 2009 2008
United States $ 6,134 $ 6,313 $ 6,469
Japan 1,163 1,050 1,055
Other countries 5,135 5,092 4,797
To t a l $12,432 $12,455 $12,321