IBM 2010 Annual Report Download - page 18
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16
Financial Highlights
International Business Machines Corporation and Subsidiary Companies
($ in millions except per share amounts)
For the year ended December 31: 2010 2009
Revenue $ 99,870 $ 95,758
Net income $ 14,833 $ 13,425
Earnings per share of common stock:
Assuming dilution $ 11.52 $ 10.01
Basic $ 11.69 $ 10.12
Net cash provided by operating activities $ 19,549 $ 20,773
Capital expenditures, net 3,984 3,747
Share repurchases 15,375 7,429
Cash dividends paid on common stock 3,177 2,860
Per share of common stock 2.50 2.15
At December 31: 2010 2009
Cash, cash equivalents and marketable securities $ 11,651 $ 13,973
Total assets 113,452 109,022
Working capital 7,554 12,933
Total debt 28,624 26,099
Total equity 23,172 22,755
Common shares outstanding (in millions) 1,228 1,305
Market capitalization $180,220 $170,869
Stock price per common share $ 146.76 $ 130.90
Number of employees in IBM/wholly owned subsidiaries 426,751 399,409