LOCKHEED MARTIN CORP

LMT
Guided missiles and space vehicles and parts
Last filing · Quarter 3 · Sep 27, 2026
Financial Statements Ratios
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Statement
Income StatementBalance SheetCash Flow
Period
Annual Quarterly
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LOCKHEED MARTIN CORP back to 2009, every line as filed.

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USD ($)
$ in Millions 		Sep 27, 2026Jun 28, 2026Mar 29, 2026Sep 28, 2025Jun 29, 2025Mar 30, 2025Sep 29, 2024Jun 30, 2024Mar 31, 2024Sep 24, 2023Jun 25, 2023Mar 26, 2023Sep 25, 2022Jun 26, 2022Mar 27, 2022Sep 26, 2021Jun 27, 2021Mar 28, 2021Sep 27, 2020Jun 28, 2020Mar 29, 2020Sep 29, 2019Jun 30, 2019Mar 31, 2019Sep 30, 2018Jun 24, 2018Mar 25, 2018Sep 24, 2017Jun 25, 2017Mar 26, 2017Sep 25, 2016Jun 26, 2016Mar 27, 2016Sep 27, 2015Jun 28, 2015Mar 29, 2015Sep 28, 2014Jun 29, 2014Mar 30, 2014Sep 29, 2013Jun 30, 2013Mar 31, 2013Sep 30, 2012Jun 24, 2012Mar 25, 2012Sep 25, 2011Jun 26, 2011Mar 27, 2011Sep 26, 2010Jun 27, 2010Mar 28, 2010Sep 27, 2009Jun 28, 2009
Operating activities
                                                     
Net earnings
$ 1,845
$ 1,836
$ 1,488
$ 1,619
$ 342
$ 1,712
$ 1,623
$ 1,641
$ 1,545
$ 1,684
$ 1,681
$ 1,689
Adjustments to reconcile net earnings to net cash provided by operating activities
                                                     
Depreciation and amortization
425
400
398
428
399
397
390
359
351
350
334
325
Depreciation and amortization of plant and equipment
-
-
-
-
-
-
-
-
-
-
-
-
Amortization of purchased intangibles
-
-
-
-
-
-
-
-
-
-
-
-
Stock-based compensation
89
97
83
74
81
60
75
93
61
75
89
57
Deferred income taxes
576
377
161
633
(527)
(34)
(29)
(68)
(77)
(161)
(117)
(117)
Impairment and other charges
0
0
-
0
66
-
0
87
-
-
-
-
Qualified defined benefit pension plans
93
92
92
-
-
-
-
-
-
-
-
-
Program losses
-
-
-
-
1,615
-
-
-
-
-
-
-
Pension settlement charge
-
-
-
-
-
-
-
-
-
-
-
-
Severance and restructuring charges
-
-
-
-
-
-
-
-
-
-
-
-
Tax resolution related to former IS&GS business
-
-
-
-
-
-
-
-
-
-
-
-
Equity method investment impairment
-
-
-
-
-
-
-
-
-
-
-
-
Gain on property sale
-
-
-
-
-
-
-
-
-
-
-
-
Gain on step acquisition of AWE
-
-
-
-
-
-
-
-
-
-
-
-
Severance charges
-
-
-
-
-
-
-
-
-
-
-
-
Reduction in tax expense from resolution of certain tax matters
-
-
-
-
-
-
-
-
-
-
-
-
Tax benefit related to discontinued operations
-
-
-
-
-
-
-
-
-
-
-
-
Stock-based compensation and related amounts
-
-
-
-
-
-
-
-
-
-
-
-
Excess tax benefits on stock compensation
-
-
-
-
-
-
-
-
-
-
-
-
Changes in assets and liabilities
                                                     
Receivables, net
260
(1,034)
1,579
(538)
(1,282)
327
789
(673)
(125)
1,022
(844)
(78)
Contract assets
(861)
(153)
(2,884)
947
(458)
(1,720)
(317)
143
(867)
(597)
181
(871)
Inventories
424
(160)
(727)
(50)
(336)
(125)
(137)
181
(146)
186
(27)
(383)
Accounts payable
79
187
1,222
144
(180)
1,680
(82)
(249)
1,301
334
180
1,217
Contract liabilities
493
1,416
(705)
398
60
(420)
(130)
436
(445)
(248)
(152)
(152)
Income taxes
(287)
(60)
103
(351)
(88)
339
45
(320)
341
(35)
(460)
414
Customer advances and amounts in excess of costs incurred
-
-
-
-
-
-
-
-
-
-
-
-
Qualified defined benefit pension plans
-
-
-
111
112
111
(1)
-
(1)
(94)
(95)
(94)
Other, net
302
237
(590)
313
397
(918)
212
246
(303)
375
330
(443)
Net cash provided by operating activities
3,438
3,235
220
3,728
201
1,409
2,438
1,876
1,635
2,891
1,100
1,564
Investing activities
                                                     
Capital expenditures
(439)
(318)
(511)
(381)
(351)
(454)
(355)
(370)
(378)
(364)
(329)
(294)
Capital expenditures
-
-
-
-
-
-
-
-
-
-
-
-
Proceeds from short-term investment transactions
-
-
-
-
-
-
-
-
-
-
-
-
Acquisitions of businesses and investments in affiliates
-
-
-
-
-
-
-
-
-
-
-
-
Net cash provided by (used for) short-term investment transactions
-
-
-
-
-
-
-
-
-
-
-
-
Other, net
(31)
(31)
(30)
62
(364)
24
145
(2)
6
(34)
(5)
35
Net cash used for investing activities
(470)
(349)
(541)
(319)
(715)
(430)
(210)
(372)
(372)
(398)
(334)
(259)
Financing activities
                                                     
Special cash payment from divestiture of IS&GS business segment
-
-
-
-
-
-
-
-
-
-
-
-
Repayments of long-term debt
-
(168)
(1,000)
-
(142)
-
-
(168)
-
(115)
-
-
Issuance of long-term debt, net of related costs
-
-
-
1,985
-
0
-
-
1,980
-
1,975
-
Proceeds from commercial paper, net
-
-
-
-
1,449
-
-
-
-
-
-
-
Repurchases of common stock
-
-
0
(1,000)
(500)
(750)
(850)
(850)
(1,000)
(1,750)
(750)
(500)
Excess tax benefits on stock compensation
-
-
-
-
-
-
-
-
-
-
-
-
Dividends paid
(796)
(796)
(816)
(765)
(771)
(796)
(749)
(752)
(780)
(747)
(758)
(784)
Repayments of commercial paper, net
-
-
-
-
-
-
-
-
-
-
-
-
Proceeds from stock option exercises
-
-
-
-
-
-
-
-
-
-
-
-
Issuances of common stock
-
-
-
-
-
-
-
-
-
-
-
-
Other, net
(3)
(25)
(90)
(3)
(32)
(113)
(1)
(1)
(115)
(3)
-
(128)
Cash premium and transaction costs for debt exchange
-
-
-
-
-
-
-
-
-
-
-
-
Net cash used for financing activities
(799)
(989)
(1,906)
(1,232)
4
(1,659)
(1,600)
(1,771)
85
(2,615)
467
(1,412)
Effect of exchange rate changes on cash and cash equivalents
-
-
-
-
-
-
-
-
-
-
-
-
Net change in cash and cash equivalents
$ 2,169
$ 1,897
$ (2,227)
$ 2,177
$ (510)
$ (680)
$ 628
$ (267)
$ 1,348
$ (122)
$ 1,233
$ (107)