Analysis: Deferred Assets and Liabilities, Net

Entity Registrant Name INTERNATIONAL BUSINESS MACHINES CORP
CIK 0000051143
Accession number 0001047469-14-001302
Link to XBRL instance http://www.sec.gov/Archives/edgar/data/51143/000104746914001302/ibm-20131231.xml
Fiscal year end --12-31
Fiscal year focus 2013
Fiscal period focus FY
Current balance sheet date 2013-12-31
Current year-to-date income statement start date 2013-01-01
Commentary Conforms with all rules.
Level 3 Text Block concept us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Deferred Tax Assets
($ in millions)
At December 31:20132012*
Retirement benefits$ 3,704$ 5,870
Share-based and other compensation 1,262 1,666
Domestic tax loss/credit carryforwards 982 954
Deferred income 964 1,018
Foreign tax loss/credit carryforwards 651 681
Bad debt, inventory and warranty reserves 592 586
Depreciation 382 456
Other 1,774 1,659
Gross deferred tax assets 10,311 12,890
Less: valuation allowance 734 1,187
Net deferred tax assets$ 9,577$ 11,703
* Reclassified to conform with 2013 presentation.
Deferred Tax Liabilities
($ in millions)
At December 31:20132012*
Depreciation$ 1,346$ 1,378
Retirement benefits 1,219 257
Goodwill and intangible assets 1,173 957
Leases 1,119 2,216
Software development costs 558 542
Deferred transition costs 424 440
Other 841 993
Gross deferred tax liabilities$ 6,680$ 6,783
* Reclassified to conform with 2013 presentation.

Level 4 Details Key Concepts: Deferred tax assets (liabilities)

Description Fact value US GAAP XBRL Concept
Deferred tax assets, gross 10,311,000,000 us-gaap:DeferredTaxAssetsGross
Valuation allowance -734,000,000 us-gaap:DeferredTaxAssetsValuationAllowance
Deferred tax assets, net 9,577,000,000 us-gaap:DeferredTaxAssetsNet
Deferred tax liabilities -6,680,000,000 us-gaap:DeferredIncomeTaxLiabilities
Deferred tax assets (liabilities), net 2,897,000,000
CHECK 0

*

(Classified balance sheet) Deferred tax assets (liabilities), net components current/noncurrent asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets, net, current 1,651,000,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax assets, net, noncurrent 3,051,000,000 us-gaap:DeferredTaxAssetsNetNoncurrent
Deferred tax liabilities, net, current 0
Deferred tax liabilities, net, noncurrent -1,741,000,000 us-gaap:DeferredIncomeTaxLiabilities
Deferred tax assets (liabilities), net 2,897,000,000
CHECK 0

*

(Unclassified balance sheet) Deferred tax assets (liabilities), net components asset/liability

Description Fact value US GAAP XBRL Concept
Deferred tax assets 9,577,000,000 us-gaap:DeferredTaxAssetsNetCurrent
Deferred tax liabilities, net -6,680,000,000 us-gaap:DeferredIncomeTaxLiabilities
Deferred tax assets (liabilities), net 2,897,000,000
CHECK 0

*

*

Creative Commons License
This work is licensed under a Creative Commons License.

Valid CSS!