diff --git a/fs/xfs/xfs_buf.c b/fs/xfs/xfs_buf.c
index 62fa39276a24..07b77b73b024 100644
--- a/fs/xfs/xfs_buf.c
+++ b/fs/xfs/xfs_buf.c
@@ -97,27 +97,41 @@ static inline void
 xfs_buf_ioacct_inc(
 	struct xfs_buf	*bp)
 {
-	if (bp->b_flags & (XBF_NO_IOACCT|_XBF_IN_FLIGHT))
+	if (bp->b_flags & XBF_NO_IOACCT)
 		return;
 
 	ASSERT(bp->b_flags & XBF_ASYNC);
-	bp->b_flags |= _XBF_IN_FLIGHT;
-	percpu_counter_inc(&bp->b_target->bt_io_count);
+	spin_lock(&bp->b_lock);
+	if (!(bp->b_state & XFS_BSTATE_IN_FLIGHT)) {
+		bp->b_state |= XFS_BSTATE_IN_FLIGHT;
+		percpu_counter_inc(&bp->b_target->bt_io_count);
+	}
+	spin_unlock(&bp->b_lock);
 }
 
 /*
  * Clear the in-flight state on a buffer about to be released to the LRU or
  * freed and unaccount from the buftarg.
  */
+static inline void
+__xfs_buf_ioacct_dec(
+	struct xfs_buf	*bp)
+{
+	ASSERT(spin_is_locked(&bp->b_lock));
+
+	if (bp->b_state & XFS_BSTATE_IN_FLIGHT) {
+		bp->b_state &= ~XFS_BSTATE_IN_FLIGHT;
+		percpu_counter_dec(&bp->b_target->bt_io_count);
+	}
+}
+
 static inline void
 xfs_buf_ioacct_dec(
 	struct xfs_buf	*bp)
 {
-	if (!(bp->b_flags & _XBF_IN_FLIGHT))
-		return;
-
-	bp->b_flags &= ~_XBF_IN_FLIGHT;
-	percpu_counter_dec(&bp->b_target->bt_io_count);
+	spin_lock(&bp->b_lock);
+	__xfs_buf_ioacct_dec(bp);
+	spin_unlock(&bp->b_lock);
 }
 
 /*
@@ -149,9 +163,9 @@ xfs_buf_stale(
 	 * unaccounted (released to LRU) before that occurs. Drop in-flight
 	 * status now to preserve accounting consistency.
 	 */
-	xfs_buf_ioacct_dec(bp);
-
 	spin_lock(&bp->b_lock);
+	__xfs_buf_ioacct_dec(bp);
+
 	atomic_set(&bp->b_lru_ref, 0);
 	if (!(bp->b_state & XFS_BSTATE_DISPOSE) &&
 	    (list_lru_del(&bp->b_target->bt_lru, &bp->b_lru)))
@@ -979,12 +993,12 @@ xfs_buf_rele(
 		 * ensures the decrement occurs only once per-buf.
 		 */
 		if ((atomic_read(&bp->b_hold) == 1) && !list_empty(&bp->b_lru))
-			xfs_buf_ioacct_dec(bp);
+			__xfs_buf_ioacct_dec(bp);
 		goto out_unlock;
 	}
 
 	/* the last reference has been dropped ... */
-	xfs_buf_ioacct_dec(bp);
+	__xfs_buf_ioacct_dec(bp);
 	if (!(bp->b_flags & XBF_STALE) && atomic_read(&bp->b_lru_ref)) {
 		/*
 		 * If the buffer is added to the LRU take a new reference to the
diff --git a/fs/xfs/xfs_buf.h b/fs/xfs/xfs_buf.h
index 8d1d44f87ce9..1508121f29f2 100644
--- a/fs/xfs/xfs_buf.h
+++ b/fs/xfs/xfs_buf.h
@@ -63,7 +63,6 @@ typedef enum {
 #define _XBF_KMEM	 (1 << 21)/* backed by heap memory */
 #define _XBF_DELWRI_Q	 (1 << 22)/* buffer on a delwri queue */
 #define _XBF_COMPOUND	 (1 << 23)/* compound buffer */
-#define _XBF_IN_FLIGHT	 (1 << 25) /* I/O in flight, for accounting purposes */
 
 typedef unsigned int xfs_buf_flags_t;
 
@@ -84,14 +83,14 @@ typedef unsigned int xfs_buf_flags_t;
 	{ _XBF_PAGES,		"PAGES" }, \
 	{ _XBF_KMEM,		"KMEM" }, \
 	{ _XBF_DELWRI_Q,	"DELWRI_Q" }, \
-	{ _XBF_COMPOUND,	"COMPOUND" }, \
-	{ _XBF_IN_FLIGHT,	"IN_FLIGHT" }
+	{ _XBF_COMPOUND,	"COMPOUND" }
 
 
 /*
  * Internal state flags.
  */
 #define XFS_BSTATE_DISPOSE	 (1 << 0)	/* buffer being discarded */
+#define XFS_BSTATE_IN_FLIGHT	 (1 << 1)	/* I/O in flight */
 
 /*
  * The xfs_buftarg contains 2 notions of "sector size" -