IBM Ecosystem Y
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International Business Machines Corporation One New Orchard Road IBM Ecosystem Armonk, New York 10504-1722 Phone: 914-499-1900 Website: www.ibm.com Outside Relationships International Business Machines Corporation (a New York Corporation) Outside Relationships Regulators Capital Suppliers Customers Securities Regulation Customers Suppliers Capital Regulators Debt Structure Equity Structure and NYSE Listing Rules Public Debt Bond Financing Debt ( $ 61.5B @12/31/2020 ) | Credit Ratings: (Senior Long-term Debt): A (Standard and Poor’s), A2 (Moody’s) Equity Securities Subjects of Holders Foreign Currency and Equity Capital Regulators General $2.5B 364-day Credit Agreement (Matures 2021) Common Stock Repurchase Program Common Stock Significant Hedge Interest Rate Derivatives Commercial Paper Program ($0) Notes 2032-2049 $8.9B 4.4% £ Notes 2021-2022 $441M 2.6% Preferred Stock Business Authorized: $4 Billion Authorized: 4,687,500,000 Record Holders: Dividends and Shareholders US Securities Counterparties $2.5B Three-Year Credit Agreement (Matures 2023) Notes 2020-2025 $19.8B 2.6% Notes 2050-2096 $1.1B 4.2% ¥ Notes 2022-2026 $1.4B 0.3% Authorized: 150,000,000 Regulation Expiration: None; Currently Suspended Issued: 2,242,969,004 373,649 and Exchange Working Capital Issued: None Common Stock Vanguard Commercial $10.25B Five-Year Credit Agreement (Matures 2024) Notes 2026-2030 $11.5B 3.2% € Notes 2021-2040 $18.4B 1.1% Other Notes 2021-2024 $324M 3.7% Balance: $2 Billion Outstanding: 892,653,424 Repurchases Commission Financing Group Inc. (Securities Law Environmental Banks (8.36%) Disclosure and Protection (JPMorgan Chase Reporting (Regulation of, and Bank – Lead Bank, Governance Legal and Regulatory Human Resources Finance Corporate Matters Professional Requirements; Anti- Permits for, BNP Paribas, Board of Directors Affairs Services Firms BlackRock Inc. Bribery Law Discharges, Leaks, Citibank, Royal Talent Acquisition Accounting and Research Global Markets Thomas Buberl (DC) Michelle Howard (DC) Martha E. Pollack (EM) Joseph R. Swedish (EM) (7.16%) Record-Keeping Emissions, Bank of Canada, Global Legal Activities Controllership Pricewaterhouse Requirements) and Mizuho Bank) General Business Technology Roadmap Revenue Disposals, Storage Michael L. Eskew (A,E) Arvind Krishna (Chair,E) Andrew N. Liveris (EM) Peter R. Voser (A) Leadership Development Coopers Regulation Internal Audit of Particular Matter, Security Policies Hybrid Cloud (Audit Services) State Street Hazardous Waste, David N. Farr (A) Alex Gorsky (EM,E) F. William McNabb III (A) Frederick Waddell (DC,E) Profit Corp. New York Stock Performance Treasury and Toxic Services and Compliance Artificial Intelligence (5.80%) Exchange Substances in the General Committees: Audit (A); Directors & Corporate Governance (DC); Executive Compensation and Management Recourses (EM); Executive (E) Management Business Development WPP Group (Listing, Professional (Advertising and Water, Air and Soil; Procurement Corporate Development Quantum Computing Maintenance and Corporate Governance Services Public Relations Geode Capital Superfund Cleanup Suppliers Management Team Client Satisfaction Corporate Requirement for Skill Building Tax Exploratory Science Services) Management Accountability Chairman and CEO – Arvind SVP, Services – Mark Foster SVP, Systems – Ric Lewis SVP, Worldwide Ecosystem – Contamination) Leasing and Regulatory Affairs (1.53%) Rules) Krishna Bob Lord FP&A Intellectual Property Brokerage SVP, Global Technology SVP and Director of Research – Compensation Communications BRG Group Strategy and Business Services Vice Chairman - Gary Cohn Services – Juan Zufiria Dr. Darío Gil SVP, Legal and Regulatory Intellectual Property (Lobbying Services) Charles Schwab Patents and Investor Relations Content Creation Investment (Real Estate: SVP, Chief Marketing Officer – Affairs, General Counsel - Other President – Jim Whitehurst Benefits Cravath, CBRE Group, SVP, Cloud Application Carla Piñeyro Sublett Michelle Browby Antitrust/Competition Marketing Management Intellectual Jones Lang (Announced Resignation 7/2/2021) Innovation COO, Global Business Information Technology Strategic Events Swaine & (1.49%) Global Marketing Property LaSalle; Vehicles: Services – John Granger GM, Corporate Development and SVP, Global Markets – Rob Diversity & Inclusion Centralized Shared Moore LeasePlan) SVP, CFO – James Kavanaugh Litigation Management Social Media (Patent, Copyright, Strategy – Roger Premo Thomas Services Model Brand Initiatives (Transactional and Institutional and Trademark Cloud SVP, Hybrid Cloud – Howard Chief Communications Officer - Litigation Services) Ownership Registrations, SVP, Cloud and Cognitive Public Policy Culture Transformation to a Public Relations Applications Boville Jonathan Adashek CEO Kyndryl – Martin Schroeter Client Feedback 57.70% Renewals, and Software, Chairman, NA – Tom hybrid cloud and Paul Weiss, and Services Enforcement) CIO – Kathryn Guarini SVP, CHRO –Nickle LaMoreaux Rosamilia CEO Red Hat – Paul Cormier Employment Law Labor Relations enterprise AI company Demand Generation Citizenship Activities Skadden Arps, Providers Supplies Supporting Hogan Lovells (Microsoft Azure, Client Services, Software Lease, installment (Red Hat Taxation Amazon Web Offerings, and Internal Acquisition) (Corporate Income Services, Google Operations payment plan, loan Operations financings to enable Tax Laws and Cloud, Oracle, HYBRID CLOUD SOFTWARE AND PLATFORM BUSINESS TRANSFORMATION AND HYBRID CLOUD SERVICES INFRASTRUCTURE FINANCING Goldman Regulation, SAP) customers to acquire Sachs, Examinations and Cloud & Cognitive Software Global Business Services Global Technology Services Systems Global Financing IBM IT hardware, IT Consulting, Selected Hybrid Client Financing JPMorgan, Audits, Indirect (2020 Revenue = $23.376B) (2020 Revenue = $16.162B) (2020 Revenue = $25.812B) (2020 Revenue = $6.978B) (2020 Revenue = $1.123B) software, and services Taxes Such as Computer Cloud Software Customers Lazard Cloud & Cognitive Software brings together Global Business Services provides clients with Global Technology Services provides Systems provides clients with innovative Excise/Duty and Software and Clients (40,000 (Investment IBM’s software platforms and solutions, enabling consulting, business process and application comprehensive IT infrastructure and platform infrastructure platforms to help meet the new IBM’s Global Financing is world's largest IT captive Sales/Use Taxes, Application Client Banking Services) them to help clients predict, automate, secure management services, focused on implementing services that create business value for clients. requirements of hybrid multi-cloud and enterprise financier and can help enable credit-qualified clients Commercial Payroll Taxes, Development Engagements AI workloads. IBM Systems also designs to transform their business with affordable options to Franchise Taxes, and modernize, on a secure hybrid cloud. It AI-enabled intelligent workflows running on the Clients gain access to leading-edge capabilities Clients Services Across 20 includes all software, except operating system hybrid cloud that enable businesses to reshape and realize high-quality performance, greater advanced semiconductor and systems acquire the latest in IBM technology and solutions Withholding Taxes, (Dell Technologies, Industries) y technology in collaboration with IBM Research. and Ad Valorem software reported in the Systems segment. core functions across their organizations – from flexibility and economic value. Cisco Systems, supply chains to recruitment and bill processing - Government Key Company Data Taxes) Financing Vehicles Tech Mahindra, Ernst & Young Cloud & Data Platforms (2020 Rev. = $11.481B) - by connecting data from disparate systems, Infrastructure & Cloud Services Systems Hardware (2020 Rev. = $5.481B) Clients UNICOM Systems, (M&A Diligence) Aspera (Data Transport Technology) streamlining processes and generating (2020 Rev. = $19.669B) (as of 7/16/2021) Infinite Computer actionable insights and analytics. Servers Foreign Subsidiaries Antitrust, Data Systems, Rocket Cognos Analytics (BI Software) Infrastructure Services IBM Power Systems IBM Credit LLC Software) Deutsche Consulting (2020 Rev. = $8.083B) (Enterprise Servers (E950 & E980), Scale-out Servers (Rest of World) Share Data 2020 Financial Highlights and Cyber Db2 (Data Management Software) (U.S. Market) Commercial Lufthansa Modernize Private Infrastructure (S922, S924, & S914), & Accelerated Servers) Short-term Working Security, and Telecom Financing Stock Exchange: Statement of Earnings (Operations, IBM Cloud (Cloud Platform) AI Services Finance Consulting & (Managed Private Cloud IaaS, Managed Extended Cloud Capital Financing Per Share Information Anti-Corruption Services Customer and Outsourcing Services IaaS for IBM Z, & Multicloud Deployment Services) IBM Z Customers NYSE Net Revenues: (Antitrust or (AT&T, NTT) Employee IBM Cloud Paks (Hybrid Cloud Software) Automation (IBM z15 family – IBM z15 single-frame & IBM z15 multi- Types of Financial Services $73.620B Competition Laws; Experience Procurement Cloud Infrastructure Services frame) Ticker NYSESymbol: Ticker IBM Symbol: Air Travel and IBM Sterling (Platform for Supply Chain Management) Big Data & Data (IBM Software Defined Networking, IBM Data Center Cost of Goods and Cyber Security, Enhancements) Consulting and LinuxONE Suppliers Hotel Services IBM Storage (Data Storage Software) Platform Services, IBM Digital Strategy and Transformation