# SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

## FORM 10-K
### ANNUAL REPORT
pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934

FOR THE YEAR ENDED DECEMBER 31, 1984
1-2360
(Commission file number)

## International Business Machines Corporation
(Exact name of registrant as specified in its charter)
New York
(State of incorporation)
Armonk, New York
(Address of principal executive offices)
13-0871985
(IRS employer identification number)
10504
(Zip Code)
914-765-1900
(Registrant's telephone number)

## Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Voting shares outstanding at February 15, 1985 | Name of each exchange on which registered |
|---|---|---|
| Capital stock, par value $1.25 per share | 613,818,810 | New York Stock Exchange |
| | | Midwest Stock Exchange |
| | | Pacific Stock Exchange |
| 9½% Notes due 1986 | | New York Stock Exchange |
| 9½% Debentures due 2004 | | New York Stock Exchange |
| 7½% Convertible subordinated debentures due 2004 | | New York Stock Exchange |

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes X No

The aggregate market value of the voting stock held by non-affiliates of the registrant at February 15, 1985 was $80,640 million.

Documents incorporated by reference:
1. IBM's Annual Report to Stockholders for the year ended December 31, 1984 into Parts I and II of Form 10-K.
2. IBM's definitive Proxy Statement dated March 20, 1985 into Part III of Form 10-K.
3. IBM's Registration Statement No. 2-94059 on Form S-15 filed on October 29, 1984, into Part IV of Form 10-K.