International Business Machines Corp. | Cash Flow
Fiscal year is January-December. All values USD Millions.
2013
2014
2015
2016
2017
2018
Net Income before Extraordinaries
16,483
12,022
13,190
11,872
5,753
8,728
Depreciation, Depletion & Amortization
4,678
4,492
3,855
4,381
4,541
4,480
Other Funds
1,073
709
321
78
19
633
Funds from Operations
19,931
18,634
19,452
15,727
9,911
14,694
Changes in Working Capital
2,446
1,766
2,444
1,357
6,813
553
Net Operating Cash Flow
17,485
16,868
17,008
17,084
16,724
15,247
Capital Expenditures
4,140
4,183
4,151
4,150
3,773
Sale of Fixed Assets & Businesses
669
2,761
31
30
255
Purchase/Sale of Investments
265
155
231
225
1,054
Net Investing Cash Flow
7,326
3,001
8,159
10,976
7,096
Cash Dividends Paid - Total
4,058
4,265
4,897
5,256
5,506
Issuance/Reduction of Debt, Net
6,961
1,783
19
2,763
3,447
Net Financing Cash Flow
9,883
15,452
9,166
5,917
6,418
Net Change in Cash
304
2,240
790
140
4,146
Free Cash Flow
13,862
13,128
13,429
13,517
13,495
Deferred Taxes & Investment Tax Credit
1,610
237
1,387
1,132
931
853
Net Assets from Acquisitions
3,056
656
3,349
5,679
496
Change in Capital Stock
13,859
13,679
4,609
3,502
4,340
Exchange Rate Effect
28
655
473
51
936
Other Uses
1,064
1,078
397
892
2,028
About International Business Machines
View Profile
