The document summarizes financial highlights from IBM's annual reports from 2012 to 2000. It shows that while revenue declined slightly from 2012 to 2011, net income and operating earnings increased. It also indicates that IBM has higher efficiency now than in previous years. The document further provides data on IBM's segments, with services and software generating more pre-tax income than hardware/financing. It closes by listing IBM's primary uses of cash since 2000 which have been acquisitions, capital expenditures, dividends, and share repurchases.