8-KRegulation FDExhibits & Filings

INTERNATIONAL BUSINESS MACHINES CORP 8-K Report, Regulation FD Disclosure (Jan 22, 2021)

Filed January 22, 2021For Securities:IBM

Summary

This 8-K filing from IBM, dated January 21, 2021, primarily serves to disclose materials related to the company's fourth-quarter and full-year 2020 earnings presentation. It indicates that the prepared remarks by CEO Arvind Krishna and CFO Jim Kavanaugh, along with non-GAAP financial reconciliations and presentation slides, are being furnished to the SEC. This filing does not contain new operational or financial results directly but points investors to these supplementary documents for detailed insights into IBM's performance and outlook for the period. Investors should refer to Exhibits 99.1 and 99.2 for a comprehensive understanding of IBM's fourth-quarter and full-year 2020 financial results, management's commentary, and the specific metrics discussed. The company also highlights its investor relations website as a continuous source of updated financial and operational information.

Key Highlights

  • 1IBM filed an 8-K on January 21, 2021, to accompany its Q4 and Full-Year 2020 earnings presentation.
  • 2The filing includes prepared remarks from CEO Arvind Krishna and CFO Jim Kavanaugh (Exhibit 99.1).
  • 3Non-GAAP financial measure reconciliations are provided in Exhibit 99.2.
  • 4Presentation slides used during the earnings call are also furnished (Exhibit 99.3).
  • 5The information is furnished, not filed, meaning it's not subject to Section 18 liability.
  • 6IBM directs investors to its website (www.ibm.com/investor/) for ongoing updates and information.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly disclose the materials used in IBM's fourth-quarter and full-year 2020 earnings presentation, including prepared remarks from senior management and reconciliations of non-GAAP financial measures. It serves as a supplement to the earnings announcement.

You can find the detailed financial results and management's commentary in Exhibit 99.1 (Prepared Remarks) and Exhibit 99.2 (Non-GAAP Supplemental Materials) attached to this 8-K filing.

No, the information furnished in Item 7.01 and its corresponding exhibits (99.1 and 99.2) is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934. This means it does not carry the same level of legal liability as information that is formally filed.

This specific 8-K filing (Item 7.01) does not contain new financial statements. It refers investors to the supplementary materials for the earnings presentation, which would have included financial data. The filing itself is primarily for disclosure of presentation documents.