What the debt is made of, and when it is due
balance sheet of Sep 30, 2026The debt note's own lines, 2025-12-31
| Line, as the company names it | Kind | Rate | Fixed or floating | Amount |
|---|---|---|---|---|
| Maturing 2026 (USD) | – | 3.70% | not stated | $5.8B |
| Maturing 2027 (USD) | – | 3.30% | not stated | $4.1B |
| Maturing 2029 (USD) | – | 3.60% | not stated | $3.8B |
| Maturing 2049 (USD) | – | 4.30% | not stated | $3.0B |
| Maturing 2031 (EUR) | – | 2.70% | not stated | $2.9B |
| Maturing 2039 (USD) | – | 4.50% | not stated | $2.7B |
| Maturing 2032 (USD) | – | 4.60% | not stated | $2.7B |
| Maturing 2030 (USD) | – | 3.20% | not stated | $2.4B |
| Maturing 2027 (EUR) | – | 2.30% | not stated | $2.3B |
| Maturing 2028 (USD) | – | 4.80% | not stated | $2.3B |
| Maturing 2028 (EUR) | – | 0.70% | not stated | $2.1B |
| Maturing 2030 (EUR) | – | 1.70% | not stated | $2.1B |
| Maturing 2032 (EUR) | – | 0.70% | not stated | $1.9B |
| Maturing 2052 (USD) | – | 4.20% | not stated | $1.4B |
| Maturing 2054 (USD) | – | 5.30% | not stated | $1.4B |
| Maturing 2033 (EUR) | – | 3.20% | not stated | $1.3B |
| Maturing 2029 (EUR) | – | 1.50% | not stated | $1.2B |
| Maturing 2034 (EUR) | – | 1.30% | not stated | $1.2B |
| Maturing 2035 (EUR) | – | 3.80% | not stated | $1.2B |
| Maturing 2043 (EUR) | – | 4.00% | not stated | $1.2B |
| Maturing 2042 (USD) | – | 4.00% | not stated | $1.1B |
| Maturing 2037 (EUR) | – | 3.50% | not stated | $1.1B |
| Maturing 2038 (GBP) | – | 4.90% | not stated | $1.0B |
| Maturing 2034 (USD) | – | 4.90% | not stated | $1.0B |
| Maturing 2044 (USD) | – | 5.30% | not stated | $1.0B |
| Maturing 2055 (USD) | – | 5.70% | not stated | $1.0B |
| Maturing 2040 (EUR) | – | 1.20% | not stated | $998.0M |
| Maturing 2035 (USD) | – | 5.20% | not stated | $900.0M |
| Maturing 2045 (EUR) | – | 3.80% | not stated | $881.0M |
| Notes Payable Maturing Between 20262028 (JPY) | Notes and bonds | 1.00% | not stated | $811.0M |
| Maturing 2033 (USD) | – | 4.80% | not stated | $750.0M |
| Maturing 2050 (USD) | – | 3.00% | not stated | $750.0M |
| Maturing 2040 (USD) | – | 2.90% | not stated | $650.0M |
| Maturing 2046 (USD) | – | 4.70% | not stated | $650.0M |
| Maturing 2053 (USD) | – | 5.10% | not stated | $650.0M |
| Maturing 2031 (USD) | – | 4.80% | not stated | $500.0M |
| Maturing 2096 (USD) | – | 7.10% | not stated | $316.0M |
| Maturing 2038 (USD) | – | 8.00% | not stated | $83.0M |
| Notes Payable Maturing Between 20252027 (Other Currency) | Notes and bonds | 13.80% | not stated | $78.0M |
| Maturing 2045 (USD) | – | 7.00% | not stated | $27.0M |
All 40 lines
From the debt note in the 10-K's XBRL (0000051143-26-000010), as the company tags it: by issue, by year, by currency or by kind. Lines from two ways of cutting the same debt can overlap, so they are not added up. Fixed or floating is read from the line's own name only; "not stated" when it says neither.
Left: the debt lines on the balance sheet (XBRL). Right: the principal due each year, from the debt note's maturity schedule; it can differ a little from the balance sheet, which shows the debt net of discounts and fees. Leases are not counted.
When IBM has to repay the principal of its long-term debt, from the debt note of the 10-Q filed Oct 22, 2026 (balance sheet of Sep 30, 2026). Fiscal years are counted from that date.
| When | Principal due | Share | |
|---|---|---|---|
| Next 12 months FY2027 | $6.7B | 28% | |
| Year 2 FY2028 | $6.0B | 25% | |
| Year 3 FY2029 | $5.6B | 23% | |
| Year 4 FY2030 | $5.7B | 24% |
Principal only: interest, leases and commercial paper are not in this schedule. Hover a row for its XBRL line. Open the filing ↗
Work on IBM in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/IBM/export.csv") into a cell.