|($ in millions except per share amounts)|
|For the year ended December 31:||2009||2008|
Earnings per share of common stock:
|Net cash provided by operating activities||$20,773||$18,812|
|Cash dividends paid on common stock||2,860||2,585|
|Per share of common stock||2.15||1.90|
|At December 31:||2009||2008|
|Cash, cash equivalents and marketable securities||$13,973||$12,907|
|Common shares outstanding (in millions)||1,305||1,339|
|Stock price per common share||$130.90||$84.16|
Number of employees in IBM/wholly owned subsidiaries
∗Reflects the adoption of the Financial Accounting Standards Board (FASB) guidance in determining whether instruments granted in share-based payment transactions are participating securities. See note B, "Accounting Changes," on pages 79 to 82 for additional information.
∗∗Reflects the adoption of the FASB guidance on noncontrolling interests in consolidated financial statements. See note B, "Accounting Changes," on pages 79 to 82 for additional information.