International Business Machines Corporation (NYSE:IBM) announced a fixed income offering of $5 million floating rate notes due 2020, $750 million 1.9% Notes due 2020, $1 billion 2.5% notes due 2022 and $500 million 3.3% notes due 2027. International Business Machines will use the net proceeds for general corporate purposes. General corporate purposes may include the repayment of debt, investments in or extensions of credit to our subsidiaries, redemption of any preferred stock we may issue, or the financing of possible acquisitions or business expansion.