Foreign Currency Translation and Other Adjustments
International Business Machines·Business Segments·4 segments·Rolls up to Goodwill Foreign Currency Translation Gain Loss
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Software | $304M | -$712M | — | $213.75M | $213.75M | $213.75M | $213.75M | -$175M |
| Consulting | $57M | -$127M | $97M | $54.25M | $54.25M | $54.25M | $54.25M | -$36M |
| Infrastructure | $11M | -$27M | — | $6.5M | $6.5M | $6.5M | $6.5M | -$6M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total | $372M | -$866M | — | $335M | $837M | $0 | $31M | -$217M |