IBM 2012 Annual Report Download - page 138

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Notes to Consolidated Financial Statements
International Business Machines Corporation and Subsidiary Companies
137
Management System Segment View
($ in millions)
Global Services Segments
For the year ended December 31:
Global
Technology
Services
Global
Business
Services Software
Systems and
Technology
Global
Financing
Tota l
Segments
2012
Assets $15,884 $8,022 $26,291 $8,232 $38,882 $97,310
Depreciation/amortization of intangibles* 1,597 75 1,157 786 853 4,470
Capital expenditures/investments in intangibles 1,760 42 618 1,106 708 4,233
Interest income — — — — 1,942 1,942
Interest expense — — — — 410 410
2011
Assets $15,475 $8,078 $23,926 $7,649 $36,427 $91,557
Depreciation/amortization of intangibles* 1,713 83 1,062 737 1,145 4,739
Capital expenditures/investments in intangibles 1,838 56 469 1,032 930 4,325
Interest income — — — — 2,139 2,139
Interest expense — — — — 538 538
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
* Segment pre-tax income does not include the amortization of intangible assets.