What changed in IBM's 10-Q

Total Software $ 7,052 $ 6,336

Total Software $ 7,761 $ 7,387

Hybrid Infrastructure 2,108 1,646 Infrastructure Support 1,218 1,240 Total Infrastructure $ 3,326 $ 2,886

At March 31, 2026, the aggregate amount of the transaction price allocated to RPO related to customer contracts that are unsatisfied or partially unsatisfied was approximately $69 billion.

At June 30, 2026, the aggregate amount of the transaction price allocated to RPO related to customer contracts that are unsatisfied or partially unsatisfied was approximately $68 billion.

The amount of revenue recognized during the three months ended March 31, 2026 that was included within the deferred income balance at December 31, 2025 was $4.9 billion

The amount of revenue recognized during the six months ended June 30, 2026 that was included within the deferred income balance at December 31, 2025 was $8.7 billion

entities include unused amounts of $2.3 billion and $1.7 billion at June 30, 2026 and December 31, 2025, respectively. In addition, the company has committed to provide future financing to its clients in connection with client purchase agreements for $1.5 billion and $1.9 billion at June 30, 2026

The company strongly disagrees with the IRS’ proposed adjustments, has filed IRS Ap

The company strongly disagrees with the IRS’ proposed adjustments, has filed IRS Appeals protests, and will pursue resolution at court, if necessary.

Changes in the company’s warranty liability for standard warranties, which are included in other accrued expenses and liabilities and other liabilities in the Consolidated Balance Sheet, are presented in the following table.

The company’s liabilities for standard and extended warranties, which are included in other accrued expenses and liabilities and other liabilities, and in deferred income, respectively, in the Consolidated Balance Sheet, were not material for the periods presented.