IBM国际商业机器(US) 2025年季度报告

Consolidated Statement of Equity for the threemonths endedMarch 31, 2025and 2024 Item 2. Management’s Discussion and Analysis of Results of Operations and Financial Condition AND SUBSIDIARY COMPANIESCONSOLIDATED INCOME STATEMENT 118,714 requires the disclosure of the total amount of selling expenses and an entity’s definition of selling expenses. The disclosures arerequired on an interim and annual basis. Effective Date and Adoption Considerations–The guidance is effective for the company for annual reporting periods beginning in2027, and for interim reporting periods beginning January 1, 2028. Early adoption is permitted. The company expects to adopt the guidance as of the effective date and to apply the guidance on a prospective basis.Effect on Financial Statements or Other Significant Matters–Given the scope of the work required to implement the new standard, financial results.Income Tax DisclosuresStandard/Description–Issuance date: December 2023. This guidance requires disaggregated disclosure of the tax rate Effective Date and Adoption Considerations–The guidance is effective for annual reporting periods beginning in 2025 and earlyadoption is permitted. The company expects to adopt the guidance as of the effective date. “Taxes” note within the company's annual financial statements but will not impact the consolidated financial results.Standards Implemented Segment Reporting Disclosures Standard/Description–Issuance date: November 2023. This guidance requires the disclosure of significant segment expenses thatare regularly provided to a company's chief operating decision maker and included within each reported measure of segment profit orloss. The company must also disclose “other segment items,” which is the difference between segment revenue less significantexpenses for each reported measure of segment profit or loss, and a description of its composition. This guidance also requires certainsegment annual disclosures to be provided on an interim basis. Effect on Financial Statements or Other Significant Matters–The guidance is a change to disclosures only, that impacted the financial results. Revenue by Major Products/Service Offerings (Dollars in millions) Hybrid Cloud Automation Transaction Processing1,828Total Software$6,336$Strategy and Technology2,782 Total Infrastructure$2,886$191(2) Total revenue$14,541$(1)Prior-year amounts recast to reflect January 2025 changes to the reported revenue categories within Software and Consulting segments. For the three months ended March 31:2025$7,206$ $14,541$ Remaining Performance ObligationsThe remaining performance obligation (RPO) disclosure provides the aggregate amount of the transaction price yet to be revenue. It is intended to be a statement of overall work under contract that has not yet been performed and does not include contractsin which the customer is not committed, such as certain as-a-service, governmental, term software license and services offerings. The customer is not considered committed when they are able to terminate for convenience without payment of a substantive penalty. Thedisclosure includes estimates of variable consideration, except when the variable consideration is a sales-based or usage-based royalty promised in exchange for a license of intellectual property.Additionally, as a practical expedient, the company does not include contracts that have an original duration ofone yearor less. RPOestimates are subject to change and are affected by several factors, including terminations, changes in the scope of contracts, periodicrevalidations, adjustment for revenue that has not materialized and adjustments for currency. recognized as revenue in the subsequenttwo years, approximately27percent in the subsequentthreetofive yearsand the balance For the three months ended March31, 2025, revenue recognized for performance obligations satisfied or partially satisfied inprior periods was immaterial. Deferred income (noncurrent) (1)Included within prepaid expenses and other current assets in the Consolidated Balance Sheet. The amount of revenue recognized during the three months ended March31, 2025 that was included within the deferred incomebalance at December31, 2024 was $4.4billion and was primarily related to software and services. The following table provides roll forwards of the notes and accounts receivable–trade allowance for expected credit losses for thethree months ended March31, 2025 and the year ended December31, 2024. Revenue year-to-year change7.4%(2.3)%(6.2)%(0.8)%Segment profit year-to-year change23.2%31.6%(20.3)%(25.5)%Segment profit margin29.1%11.0%8.6%35.8% Infrastructure – R&D expense, SG&A expense, Intellectual property and custom development income Financing – SG&A expense, Intercompany financing net other income13 Reconciliations to IBM as Reported: For the three months ended March 31: Total reportable segments Net interest excluding the Financing segment(265)Workforce rebalancing