WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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DATA STATED IN MILLIONS EXCEPT PER SHARE AMOUNTS
FIRST FIRST
IBM CORPORATION - FINANCIAL DATA SCHEDULE QTR QTR.
1994 1993
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REGULATION STATEMENT CAPTION
5-02(1) Cash and Cash Equivalents $ 8,111 $ 5,127
5-02(2) Marketable Securities 840 699
5-02(3)(a)(1) Notes and Accounts Receivable-Trade 10,778 11,596
5-02(4) Allowance for Doubtful Accounts 568 395
5-02(6) Inventory 7,390 8,219
5-02(9) Total Current Assets 39,165 39,746
5-02(13) Property, Plant and Equipment 48,317 52,962
5-02(14) Accumulated Depreciation 31,040 31,934
5-02(18) Total Assets 79,872 85,713
5-02(21) Total Current Liabilities 31,376 36,366
5-02(22) Bonds, Mortgages and Similar Debt 14,937 12,402
5-02(28) Preferred Stock - Mandatory Redemption -- --
5-02(29) Preferred Stock - No Mandatory Redemption 1,091 --
5-02(30) Common Stock 7,063 6,560
5-02(31) Other Stockholders' Equity 12,420 20,659
5-02(32) Total Liabilities and Stockholders' Equity 79,872 85,713
5-03(b)(1)(a) Net Sales Tangible Products 6,268 5,737
5-03(b)(1) Total Revenues 13,373 13,058
5-03(b)(2)(a) Cost of Tangible Goods Sold 4,379 4,072
5-03(b)(2) Total Cost and Expenses Applicable to
Revenue 8,433 7,896
5-03(b)(3) Other Costs and Expenses 4,249 5,432
5-03(b)(5) Provision for Doubtful Accounts and Notes 127 128
5-03(b)(8) Interest Expense 414 305
5-03(b)(10) Income Before Taxes and Other Items 685 (380)
5-03(b)(11) Income Tax Expense 293 (95)
5-03(b)(14) Income/Loss from Continuing Operations 392 (285)
5-03(b)(15) Discontinued Operations -- --
5-03(b)(17) Extraordinary Items -- --
5-03(b)(18) Cumulative Effect - Change in -- (114)
Accounting Principle
5-03(b)(19) Net Earnings or (Loss) 392 (399)
5-03(b)(20) Earnings Per Share - Primary .64 (.70)
5-03(b)(20) Earnings Per Share - Fully Diluted .63 (.70)