International Business Machines Corporation · NYSE:IBM
International Business Machines — Q3 2016 Earnings Presentation
9 slides from International Business Machines's earnings presentation, Oct 18, 2016
Slide 1: Reconciliation of Operating Earnings Per Share
Reconciliation of Operating Earnings Per Share 2 Non-GAAP Supplemental Materials *Includes acquisitions through September 30, 2016 The above reconciles the Non-GAAP financial information contained in the “Overview“ and “Summary” discussions in the company’s earnings presentation. See Exhibit 99.2 in
Slide 2: Reconciliation of Revenue Growth - 3Q 2016 (Geographic)
Reconciliation of Revenue Growth - 3Q 2016 3 Non-GAAP Supplemental Materials The above reconciles the Non-GAAP financial information contained in the “Geographic Revenue” discussions in the company’s earnings presentation. See Exhibit 99.2 included in the Company’s Form 8-K dated October 17, 2016 fo
Slide 3: Reconciliation of Revenue Growth - 3Q 2016 (Strategic Imperatives)
Reconciliation of Revenue Growth - 3Q 2016 4 Non-GAAP Supplemental Materials The above reconciles the Non-GAAP financial information contained in the “Becoming a Cognitive Solutions & Cloud Platform Company” discussions in the company’s earnings presentation. See Exhibit 99.2 included in the Company
Slide 4: Reconciliation of Revenue Growth - 3Q 2016 (Segments)
Reconciliation of Revenue Growth - 3Q 2016 5 Non-GAAP Supplemental Materials The above reconciles the Non-GAAP financial information contained in the “Segment Revenue & Gross Profit”, “Additional Revenue & Backlog Information”, “Cognitive Solutions Segment”, “Global Business Services Segment”, “Tech
Slide 5: Expense Summary - 3Q 2016
Reconciliation of Expense Summary - 3Q 2016 6 Non-GAAP Supplemental Materials The above reconciles the Non-GAAP financial information contained in the “Expense Summary” discussions in the company’s earnings presentation. See Exhibit 99.2 included in the Company’s Form 8-K dated October 17, 2016 for
Slide 6: Software
Reconciliation of Software Revenue Growth - 3Q 2016 7 Non-GAAP Supplemental Materials The above reconciles the Non-GAAP financial information contained in the “Software Revenue” discussions in the company’s earnings presentation. See Exhibit 99.2 included in the Company’s Form 8-K dated October 17,
Slide 7: Debt-to-Capital Ratio
Reconciliation of Debt-to-Capital Ratio 8 Non-GAAP Supplemental Materials Supplemental Materials The above reconciles the Non-GAAP financial information contained in the “Cash Flow and Balance Sheet Highlights” and “Balance Sheet Summary” discussions in the company’s earnings presentation. See Exhib
Slide 8: Reconciliation of Free Cash Flow - Last 12 Months
9 Reconciliation of Free Cash Flow-Last 12 Months Non-GAAP Supplemental Materials The above reconciles the Non-GAAP financial information contained in the “Overview”, “Key Financial Metrics” and “Cash Flow and Balance Sheet Highlights” discussions in the company’s earnings presentation. See Exhibit
Slide 9: Reconciliation of Free Cash Flow - Last 12 Months
Non-GAAP Supplemental Materials Reconciliation of Free Cash Flow-Last 12 Months 12 Months Ended Sep 2016 Net Cash from Operating Activities per GAAP: $18.6 Less: the change in Global Financing (GF) Receivables $18 Net Cash from Operating Activities (Excluding GF Receivables) $16.7 Capital Expenditur
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