March R&D

Book Value Mil History for International Business Machines Corporation (IBM)

Year	Book Value Mil
2002
2003	28,447.2
2004	32,539.36
2005	34,106.6
2006	29,401.68
2007	29,847.07
2008	13,902.92
2009	23,252.94
2010	24,156.99
2011	20,747.26
2012	19,496.4