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9	9	* IBM operates in more than 175 countries around the world.
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28	28	On November 3, 2021, the company completed the separation of its managed infrastructure services unit into a new public company with the distribution of 80.1 percent of the outstanding common stock of Kyndryl Holdings, Inc. (Kyndryl) to IBM stockholders on a pro rata basis. To effect the separation, IBM stockholders received one share of Kyndryl common stock for every five shares of IBM common stock held at the close of business on October 25, 2021, the record date for the distribution. IBM retained 19.9 percent of the shares of Kyndryl common stock immediately following the separation.
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34	34	= Financial Highlights =
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64	64	= Company Overview =
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160	160	|2019|IBM Q brings quantum to the masses|IBM unveils the first circuit-based commercial quantum computer, allowing users, researchers and developers to explore the potential of quantum to solve real-world problems.
161	161	|2021|The world's first 2-nanometer chip|With 50 billion transistors on a fingernail-sized chip, the most dense to date, this innovation holds the potential for greener data centers and safer autonomous vehicles.
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164	164	= References =
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166	166	{{putFootnotes/}}