| ($ in millions except per share amounts) | ||
| For the year: | 2008 | 2007 |
|---|---|---|
| Revenue | $103,630 | $98,786 |
| Income from continuing operations | $12,334 | $10,418 |
| Income/(loss) from discontinued operations | — | (00) |
| Net income | $12,334 | $10,418 |
Earnings/(loss) per share of common stock: |
||
| Assuming dilution: | ||
| Continuing operations | $8.93 | $7.18 |
| Discontinued operations | — | (0.00) |
| Total | $8.93 | $7.18 |
| Basic: | ||
| Continuing operations | $9.07 | $7.32 |
| Discontinued operations | — | (0.00) |
| Total | $9.07 | $7.32 |
Net cash provided by operating activities from continuing operations |
$18,812 | $16,094 |
| Capital expenditures, net | 4,536 | 4,968 |
| Share repurchase | 10,578 | 18,828 |
| Cash dividends paid on common stock | 2,585 | 2,147 |
| Per share of common stock | 1.90 | 1.50 |
| At year end: | 2008 | 2007 |
|---|---|---|
| Cash, cash equivalents and marketable securities | $12,907 | $16,146 |
| Total assets | 109,524 | 120,431 |
| Working capital | 6,568 | 8,867 |
| Total debt | 33,926 | 35,274 |
| Stockholders’ equity | 13,465 | 28,470 |
| Common shares outstanding (in millions) | 1,339 | 1,385 |
| Market capitalization | $112,698 | $149,744 |
| Stock price per common share | $84.16 | $108.10 |
Number of employees in IBM/wholly owned subsidiaries |
398,455 | 386,558 |
