IBM 2014 Annual Report Download - page 149

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Notes to Consolidated Financial Statements
International Business Machines Corporation and Subsidiary Companies
148
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
Total
Segments**
2014
Assets $17,245 $7,795 $25,813 $4,235 $38,845 $93,933
Depreciation/amortization of intangibles* 1,873 58 1,210 712 455 4,308
Capital expenditures/investments in intangibles 2,272 33 534 600 482 3,921
Interest income — — — — 1,951 1,951
Interest expense — — — — 518 518
2013**
Assets $18,048 $8,311 $27,101 $4,901 $40,138 $98,499
Depreciation/amortization of intangibles* 1,670 72 1,211 435 574 3,963
Capital expenditures/investments in intangibles 1,938 69 540 395 467 3,410
Interest income — — — — 1,904 1,904
Interest expense — — — — 405 405
2012**
Assets $15,884 $8,022 $26,291 $5,092 $38,882 $94,170
Depreciation/amortization of intangibles* 1,597 75 1,157 404 853 4,088
Capital expenditures/investments in intangibles 1,760 42 618 517 708 3,644
Interest income — — — — 1,972 1,972
Interest expense — — — — 410 410
* Segment pre-tax income from continuing operations does not include the amortization of intangible assets.
** Reclassified to reflect discontinued operations presentation.