IBM CREDIT LLC
company.status.inactiveCIK 1225307fmd_1N1TGFHWCDB1EZ5BY3KE1HPKN1Finance, Insurance and Real Estate · Miscellaneous Business Credit InstitutionTemplate: Financials
Coverage: Jan 01, 2015 to Dec 31, 2020, 20 periods
| Line item | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 |
|---|---|---|---|---|---|---|
| Rental revenue | 575 | 484 | 380 | 333 | – | – |
| Total revenues | 2,074 | 1,840 | 1,702 | 1,779 | 1,600 | 1,128 |
| Gross profit | 1,229 | 1,170 | 1,109 | 1,083 | 913 | 714 |
| Provision for credit losses | 133 | 72 | 15 | 9 | (5) | 41 |
| Selling, general and administrative | 325 | 388 | 378 | 375 | 372 | 314 |
| Interest expense | 466 | 364 | 362 | 503 | 499 | 281 |
| Income before taxes | 783 | 719 | 755 | 731 | 619 | 466 |
| Income tax expense | 311 | 222 | 5 | 133 | 188 | 54 |
| Net income from continuing operations | 472 | 498 | 750 | 597 | 431 | 412 |
| Net income | 727 | 629 | 750 | 597 | 430 | 413 |