IBM 2014 Annual Report Download - page 151

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Notes to Consolidated Financial Statements
International Business Machines Corporation and Subsidiary Companies
150
Revenue by Classes of
Similar Products or Services
The following table presents external revenue for similar classes of
products or services within the company’s reportable segments.
Within Global Technology Services and Global Business Services,
client solutions often include IBM software and systems and other
suppliers’ products if the client solution requires it. Within Software,
product license charges and ongoing subscription and support
are reported as Software, and software as a service, consulting,
education, training and other product-related services are reported
as Services.
($ in millions)
For the year ended December 31: 2014 2013*2012*
Global Technology Services
Services $28,817 $29,953 $31,161
Maintenance 6,853 7,111 7,343
Systems 1,294 1,322 1,574
Software 165 164 159
Global Business Services
Services $17,515 $18,065 $18,216
Software 185 221 208
Systems 124 109 142
Software
Software $22,722 $23,420 $23,144
Services 2,712 2,512 2,304
Systems and Technology*
Servers $ 7,320 $ 9,946 $12,623
Storage 2,676 3,041 3,411
Global Financing
Financing $ 1,543 $ 1,493 $ 1,471
Used equipment sales 491 529 542
* Reclassified to reflect discontinued operations presentation.
NOTE U.
SUBSEQUENT EVENTS
On January27, 2015, the company announced that the Board
of Directors approved a quarterly dividend of $1.10 per common
share. The dividend is payable March10, 2015 to shareholders of
record on February10, 2015.
On February 4, 2015, the company issued $2.0 billion in bonds
as follows: $1.5 billion of 3-year fixed-rate bonds with a 1.125per-
cent coupon and $0.5 billion of 3-year floating-rate bonds priced
at LIBOR plus 19 basis points.