INTERNATIONAL BUSINESS MACHINES CORP | 2013 | FY | 3


Fair Values of Derivative Instruments in the Consolidated Statement of Financial Position
($ in millions) 
Fair Value of Derivative AssetsFair Value of Derivative Liabilities
Balance SheetBalance Sheet
At December 31:Classification20132012Classification20132012
Designated as hedging
instruments:
Interest rate contractsPrepaid expenses and Other accrued
other current assets$$47expenses and liabilities$0$
Investments and sundry
assets308557Other liabilities 13
Foreign exchangePrepaid expenses and Other accrued
contractsother current assets187135expenses and liabilities331267
Investments and sundry
assets 26 5Other liabilities11278
Fair value of derivative Fair value of derivative
assets$522$744liabilities$456$345
Not designated as
hedging instruments
Foreign exchange Prepaid expenses andOther accrued
contractsother current assets$94$142expenses and liabilities$40$152
Investments and sundry
assets6723Other liabilities 1
Equity contractsPrepaid expenses andOther accrued
other current assets369expenses and liabilities47
Fair value of derivativeFair value of derivative
assets$197$174liabilities$45$159
Total debt designated as
hedging instruments
Short-term debtN/AN/A$190$578
Long-term debtN/AN/A6,1113,035
Total$719$918$6,802$4,116
N/A-not applicable

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