INTERNATIONAL BUSINESS MACHINES CORP | 2013 | FY | 3


Accumulated Other Comprehensive Income/(Loss) (net of tax)
($ in millions)
Net ChangeNet Unrealized
Net UnrealizedForeignRetirement-Gains/(Losses)Accumulated
Gains/(Losses)CurrencyRelatedon Available-Other
on Cash FlowTranslationBenefitFor-SaleComprehensive
HedgesAdjustments*PlansSecuritiesIncome/(Loss)
December 31, 2010$ (96)$ 2,478$ (21,289)$ 164$ (18,743)
Other comprehensive income before
reclassifications (162) (711) (3,581) (7) (4,461)
Amount reclassified from accumulated
other comprehensive income 329 0 1,133 (143) 1,319
Total change for the period 167 (711) (2,448) (150) (3,142)
December 31, 2011 71 1,767 (23,737) 13 (21,885)
Other comprehensive income before
reclassifications 5 (34) (5,164) 16 (5,177)
Amount reclassified from accumulated
other comprehensive income (167) 0 1,495 (25) 1,303
Total change for the period (161) (34) (3,669) (9) (3,874)
December 31, 2012 (90) 1,733 (27,406) 4 (25,759)
Other comprehensive income before
reclassifications 28 (1,401) 3,409 0 2,036
Amount reclassified from accumulated
other comprehensive income (103) 0 2,229 (5) 2,121
Total change for the period (76) (1,401) 5,639 (5) 4,157
December 31, 2013$ (165)$ 332$ (21,767)$ (1)$ (21,602)
* Foreign currency translation adjustments are presented gross except for any associated hedges which are presented net of tax.

us-gaap:ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock

Reclassifications and Taxes Related to Items of Other Comprehensive Income
($ in millions)
Before TaxTax (Expense)/Net of Tax
For the year ended December 31, 2013:AmountBenefitAmount
Other comprehensive income/(loss)
Foreign currency translation adjustments$ (1,335)$ (66)$ (1,401)
Net changes related to available-for-sale securities
Unrealized gains/(losses) arising during the period$ (4)$ 2$ (3)
Reclassification of (gains)/losses to other (income) and expense (8) 2 (5)
Subsequent changes in previously impaired securities arising during
the period 4 (1) 3
Total net changes related to available-for-sale securities$ (8)$ 3$ (5)
Unrealized gains/(losses) on cash flow hedges
Unrealized gains/(losses) arising during the period$ 43$ (15)$ 28
Reclassification of (gains)/losses to:
Cost of sales 34 (14) 21
SG&A expense (39) 14 (25)
Other (income) and expense (162) 62 (99)
Interest expense 0(0) 0
Total unrealized gains/(losses) on cash flow hedges$ (123)$ 47$ (76)
Retirement-related benefit plans(1)
Prior service costs/(credits)$ 16$(0)$ 16
Net (losses)/gains arising during the period 5,369 (1,974) 3,395
Curtailments and settlements (3) 1 (2)
Amortization of prior service (credits)/costs (114) 40 (75)
Amortization of net (gains)/losses 3,499 (1,195) 2,304
Total retirement-related benefit plans$ 8,767$ (3,128)$ 5,639
Other comprehensive income/(loss)$ 7,301$ (3,144)$ 4,157
(1)These AOCI components are included in the computation of net periodic pension cost. (See note S, "Retirement-Related Benefits," on
pages 127 to 141 for additional information.)
($ in millions)
Before TaxTax (Expense)/Net of Tax
For the year ended December 31, 2012:AmountBenefitAmount
Other comprehensive income/(loss)
Foreign currency translation adjustments$ (44)$ 10$ (34)
Net changes related to available-for-sale securities
Unrealized gains/(losses) arising during the period$ 8$ (4)$ 4
Reclassification of (gains)/losses to other (income) and expense (42) 17 (25)
Subsequent changes in previously impaired securities arising during
the period 20 (8) 12
Total net changes related to available-for-sale securities$ (14)$ 5$ (9)
Unrealized gains/(losses) on cash flow hedges
Unrealized gains/(losses) arising during the period$ 32$ (27)$ 5
Reclassification of (gains)/losses to:
Cost of sales (7) (6) (13)
SG&A expense (16) 4 (12)
Other (income) and expense (237) 91 (146)
Interest expense 6 (3) 3
Total unrealized gains/(losses) on cash flow hedges$ (220)$ 59$ (161)
Retirement-related benefit plans(1)
Net (losses)/gains arising during the period$ (7,489)$ 2,327$ (5,162)
Curtailments and settlements (2) 0 (2)
Amortization of prior service (credits)/costs (148) 59 (89)
Amortization of net (gains)/losses 2,457 (874) 1,583
Total retirement-related benefit plans$ (5,182)$ 1,513$ (3,669)
Other comprehensive income/(loss)$ (5,460)$ 1,587$ (3,874)
(1)These AOCI components are included in the computation of net periodic pension cost. (See note S, "Retirement-Related Benefits," on
pages 127 to 141 for additional information.)
($ in millions)
Before TaxTax (Expense)/Net of Tax
For the year ended December 31, 2011:AmountBenefitAmount
Other comprehensive income/(loss)
Foreign currency translation adjustments$ (693)$ (18)$ (711)
Net changes related to available-for-sale securities
Unrealized gains/(losses) arising during the period$ (14)$ 5$ (9)
Reclassification of (gains)/losses to other (income) and expense (231) 88 (143)
Subsequent changes in previously impaired securities arising during
the period 4 (1) 3
Total net changes related to available-for-sale securities$ (241)$ 91$ (150)
Unrealized gains/(losses) on cash flow hedges
Unrealized gains/(losses) arising during the period$ (266)$ 105$ (162)
Reclassification of (gains)/losses to:
Cost of sales 182 (61) 121
SG&A expense 75 (23) 52
Other (income) and expense 247 (3) 244
Interest expense 8 (95) (88)
Total unrealized gains/(losses) on cash flow hedges$ 245$ (77)$ 167
Retirement-related benefit plans(1)
Prior service costs/(credits)$ (28)$ 7$ (22)
Net (losses)/gains arising during the period (5,463) 1,897 (3,566)
Curtailments and settlements 11 (3) 7
Amortization of prior service (credits)/costs (157) 62 (94)
Amortization of net (gains)/losses 1,847 (619) 1,227
Total retirement-related benefit plans$ (3,790)$ 1,343$ (2,448)
Other comprehensive income/(loss)$ (4,479)$ 1,339$ (3,142)
(1)These AOCI components are included in the computation of net periodic pension cost. (See note S, "Retirement-Related Benefits," on
pages 127 to 141 for additional information.)

us-gaap:ScheduleOfComprehensiveIncomeLossTableTextBlock