International Business Machines Corporation · NYSE:IBM
International Business Machines — Q2 2016 Earnings Presentation
7 slides from International Business Machines's earnings presentation, Jul 19, 2016
Slide 1: Reconciliation of Operating Earnings Per Share
Reconciliation of Operating Earnings Per Share 2 Non-GAAP Supplemental Materials * Includes acquisitions through June 30, 2016 The above reconciles the Non-GAAP financial information contained in the “Overview“ and “2016 EPS Drivers” discussions in the company’s earnings presentation. See Exhibit 99
Slide 2: Reconciliation of Revenue Growth-2Q 2016
Reconciliation of Revenue Growth-2Q 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 July 18, 2016 for add
Slide 3: Reconciliation of Revenue Growth-2Q 2016
Reconciliation of Revenue Growth-2Q 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’s
Slide 4: Software Revenue Growth – 2Q 2016
Reconciliation of Software Revenue Growth – 2Q 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 July 18, 201
Slide 5: Reconciliation of Debt-to-Capital Ratio
8 Non-GAAP Supplemental Materials Reconciliation of Debt-to-Capital Ratio Supplemental Materials Jun 2016 Dec 2015 Jun 2015* Non-Global Financing Debt/Capital 59% 54% 55% IBM Consolidated Debt/Capital 74% 73% 74% The above reconciles the Non-GAAP financial information contained in the “Cash Flow and
Slide 6: 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 7: Reconciliation of Free Cash Flow-Last 12 Months
Non-GAAP Supplemental Materials Reconciliation of Free Cash Flow-Last 12 Months 12 Months Ended Jun 2016 Net Cash from Operating Activities per GAAP: $18.6 Less: the change in Global Financing (GF) Receivables, S17 Net Cash from Operating Activities (Excluding GF Receivables) $17.0 Capital Expenditu
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