IBM 2012 Annual Report Download - page 140

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Please find page 140 of the 2012 IBM annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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139
($ in millions except per share amounts)
For the year ended December 31: 2012 2011 2010 2009 2008
Revenue $104,507 $106,916 $ 99,870 $ 95,758 $103,630
Net income $ 16,604 $ 15,855 $ 14,833 $ 13,425 $ 12,334
Operating (non-GAAP) earnings* $ 17,627 $ 16,318 $ 15,023 $ 13,452 $ 12,293
Earnings per share of common stock
Assuming dilution $ 14.37 $ 13.06 $ 11.52 $ 10.01 $ 8.89
Basic $ 14.53 $ 13.25 $ 11.69 $ 10.12 $ 9.02
Diluted operating (non-GAAP)* $ 15.25 $ 13.44 $ 11.67 $ 10.03 $ 8.86
Cash dividends paid on common stock $ 3,773 $ 3,473 $ 3,177 $ 2,860 $ 2,585
Per share of common stock 3.30 2.90 2.50 2.15 1.90
Investment in property, plant and equipment $ 4,082 $ 4,108 $ 4,185 $ 3,447 $ 4,171
Return on IBM stockholders’ equity 81.6% 71.2% 66.8% 80.4% 48.7%
At December 31: 2012 2011 2010 2009 2008
Total assets $119,213 $116,433 $113,452 $109,022 $109,524
Net investment in property, plant and equipment 13,996 13,883 14,096 14,165 14,305
Working capital 5,807 8,805 7,554 12,933 6,568
Total debt 33,269 31,320 28,624 26,099 33,926
Total equity 18,984 20,236 23,172 22,755 13,584
* Refer to page 62 of the company’s first-quarter 2011 Form 10-Q filed on April 26, 2011 for the reconciliation of non-GAAP financial information for the years 2008 through 2010.
Also see “GAAP Reconciliation,” on page 38 for the reconciliation of non-GAAP financial information for 2012 and 2011.
Five-Year Comparison of Selected Financial Data
International Business Machines Corporation and Subsidiary Companies