International Business Machines Corp., Armonk, N.Y., plans to contribute about $500 million to its non-U.S. pension plans in 2017.

International Business Machines Corp. notched its 19th consecutive quarter of falling revenue, year on year, as it struggles to offset declines in older businesses with sales in younger ones that are growing at a rapid clip. The Armonk, N.Y., computing giant said its fourth-quarter 2016 net profit edged up 0.9% as it posted $21.77 billion in revenue.