| ($ in millions except per share amounts) | ||
| For the year ended December 31: | 2010 | 2009 |
|---|---|---|
| Revenue | $99,870 | $95,758 |
| Net income | $14,833 | $13,425 |
Earnings per share of common stock: |
||
| Assuming dilution | $11.52 | $10.01 |
| Basic | $11.69 | $10.12 |
| Net cash provided by operating activities | $19,549 | $20,773 |
| Capital expenditures, net | 3,984 | 3,747 |
| Share repurchases | 15,375 | 7,429 |
| Cash dividends paid on common stock | 3,177 | 2,860 |
| Per share of common stock | 2.50 | 2.15 |
| At December 31: | 2010 | 2009 |
|---|---|---|
| Cash, cash equivalents and marketable securities | $11,651 | $13,973 |
| Total assets | 113,452 | 109,022 |
| Working capital | 7,554 | 12,933 |
| Total debt | 28,624 | 26,099 |
| Total equity | 23,172 | 22,755 |
| Common shares outstanding (in millions) | 1,228 | 1,305 |
| Market capitalization | $180,220 | $170,869 |
| Stock price per common share | $146.76 | $130.90 |
Number of employees in IBM/wholly owned subsidiaries |
426,751 | 399,409 |