International Business Machines Corporation (NYSE: IBM)

New Orchard Road
Armonk, NY 10504 (Map)
Phone: 914-499-1900
Fax: 800-314-1092
Toll Free: 800-426-4968
http://www.ibm.com

Annual Cash Flow Statement

All amounts in millions of
except per share amounts.
View: Annual | Quarterly Dec 08 Dec 07 Dec 06
Net Operating Cash Flow 12,991.6 8,055.8 7,659.6
Net Investing Cash Flow (6,412.2) (2,340.8) (5,894.6)
Net Financing Cash Flow (8,172.6) (2,373.3) (4,187.3)
Net Change in Cash (1,553.8) 3,489.4 (2,320.3)

Depreciation & Amortization 3,763.8 2,604.1 2,543.3
Capital Expenditures (2,880.5) (2,318.2) (2,226.4)
Cash Dividends Paid (1,785.2) (1,075.0) (859.0)

Data Definitions

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