INTERNATIONAL BUSINESS MACHINES CORP | 2013 | FY | 3


Standard Warranty Liability
($ in millions)
20132012
Balance at January 1$ 394$ 407
Current period accruals 346 394
Accrual adjustments to reflect experience 22 (15)
Changes incurred (387) (392)
Balance at December 31$ 376$ 394
Extended Warranty Liability (Deferred Income)
($ in millions)
20132012
Balance at January 1$ 606$ 636
Revenue deferred for new extended warranty contracts 305 268
Amortization of deferred revenue (324) (301)
Other* (8) 4
Balance at December 31$ 579$ 606
Current portion$ 284$ 289
Noncurrent portion 295 317
Balance at December 31$ 579$ 606
* Other consists primarily of foreign currency translation adjustments.

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