← LOCKHEED MARTIN CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $1.8b $2.9b $772.0m $1.5b $3.2b $3.6b $2.5b $1.4b $2.5b $4.1b
Cash and cash equivalents $1.8b $2.9b $772.0m $1.5b $3.2b $3.6b $2.5b $1.4b $2.5b $4.1b
Other current assets $399.0m $1.5b $418.0m $531.0m $1.1b $688.0m $533.0m $632.0m $584.0m $815.0m
Receivables, net $8.2b $8.6b $2.4b $2.3b $2.0b $2.0b $2.5b $2.1b $2.4b $3.9b
Inventory, Net $4.7b $4.5b $3.0b $3.6b $3.5b $3.0b $3.1b $3.1b $3.5b $3.5b
Assets, Current $15.1b $17.5b $16.1b $17.1b $19.4b $19.8b $21.0b $20.5b $21.8b $25.4b
Total current assets $15.1b $17.5b $16.1b $17.1b $19.4b $19.8b $21.0b $20.5b $21.8b $25.4b
Capitalized software — — — — — — — — $1.9b $2.4b
Property, Plant and Equipment, Net $5.5b $5.8b $6.1b $6.6b $7.2b $7.6b $8.0b $8.4b $8.7b $8.9b
Goodwill $10.8b $10.8b $10.8b $10.6b $10.8b $10.8b $10.8b $10.8b $11.1b $11.3b
Intangible Assets, Net (Excluding Goodwill) $4.1b $3.8b $3.5b $3.2b $3.0b $2.7b $2.5b $2.2b $2.0b $1.9b
Intangible assets, net $4.1b $3.8b $3.5b $3.2b $3.0b $2.7b $2.5b $2.2b $2.0b $1.9b
Operating Lease, Right-of-Use Asset — — — $1.0b $1.0b $1.3b $1.1b $1.1b $1.0b $976.0m
Other Assets, Noncurrent $5.7b $5.6b $5.2b $6.7b $6.8b $7.7b $6.9b $7.6b $8.4b $7.0b
Other noncurrent assets $5.7b $5.6b $5.2b $6.7b $6.8b $7.7b $6.9b $7.6b $8.4b $7.0b
Additional Financial Items
Contract assets — $8.0b $9.5b $9.1b $9.5b $10.6b $12.3b $13.2b $13.0b $13.0b
Contract liabilities — $7.0b $6.5b $7.1b $7.5b $8.1b $8.5b $9.2b $9.8b $11.4b
Deferred income taxes $6.6b $3.1b $3.2b $3.3b $3.5b $2.3b $3.7b $3.0b $3.6b $3.0b
Other current liabilities $2.3b $1.9b $1.9b $1.9b $1.8b $2.0b $2.2b $2.1b $3.6b $3.9b
Salaries, benefits and payroll taxes $1.8b $1.8b $2.1b $2.5b $3.2b $3.1b $3.1b $3.1b $3.1b $3.2b
Total stockholders’ equity $1.5b ($683.0m) $1.4b $3.1b $6.0b $11.0b $9.3b $6.8b $6.3b $6.7b
Assets $47.8b $46.5b $44.9b $47.5b $50.7b $50.9b $52.9b $52.5b $55.6b $59.8b
Total assets $47.8b $46.5b $44.9b $47.5b $50.7b $50.9b $52.9b $52.5b $55.6b $59.8b
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $1.7b $1.5b $2.4b $1.3b $880.0m $780.0m $2.1b $2.3b $2.2b $3.6b
Accrued pension liabilities $13.9b $15.7b $11.4b $13.2b $12.9b $8.3b $5.5b $6.2b $4.8b $3.9b
Current maturities of long-term debt $0 $750.0m — $1.2b $500.0m $6.0m $118.0m $168.0m $643.0m $1.2b
Long-term Debt, Current Maturities $0 $750.0m $1.5b $1.2b $500.0m $6.0m $118.0m $168.0m $643.0m $1.2b
Long-term Debt, Excluding Current Maturities $14.3b $13.5b $12.6b $11.4b $11.7b $11.7b $15.4b $17.3b $19.6b $20.5b
Operating Lease, Liability, Noncurrent — — — $855.0m $841.0m $1.1b $916.0m $862.0m $833.0m $825.0m
Liabilities, Current $12.5b $12.6b $14.4b $14.0b $13.9b $14.0b $15.9b $16.9b $19.4b $23.3b
Total current liabilities $12.5b $12.6b $14.4b $14.0b $13.9b $14.0b $15.9b $16.9b $19.4b $23.3b
Long Term Debt $14.3b $13.5b $12.6b $11.4b $11.7b $11.7b $15.4b $17.3b $19.6b $20.5b
Long-term debt, net $14.3b $13.5b $12.6b $11.4b $11.7b $11.7b $15.4b $17.3b $19.6b $20.5b
Other Liabilities, Noncurrent $4.7b $4.6b $4.3b $5.4b $6.2b $5.9b $6.8b $5.2b $5.4b $5.3b
Other noncurrent liabilities $4.7b $4.6b $4.3b $5.4b $6.2b $5.9b $6.8b $5.2b $5.4b $5.3b
Deferred Tax Liabilities, Net $1.1b $808.0m $886.0m $1.2b $1.4b $1.6b $1.6b $1.5b $1.6b $1.8b
Liabilities $46.2b $47.1b $43.4b $44.4b $44.7b $39.9b $43.6b $45.6b $49.3b $53.1b
Total liabilities $46.2b $47.1b $43.4b $44.4b $44.7b $39.9b $43.6b $45.6b $49.3b $53.1b
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax ($12.1b) ($12.5b) ($14.3b) ($15.6b) ($16.1b) ($11.0b) ($8.0b) ($8.8b) ($8.5b) ($7.5b)
Accumulated other comprehensive loss ($12.1b) ($12.5b) ($14.3b) ($15.6b) ($16.1b) ($11.0b) ($8.0b) ($8.8b) ($8.5b) ($7.5b)
Additional Paid in Capital, Common Stock $0 $0 $0 $0 $221.0m $94.0m $92.0m $0 $0 $0
Additional paid-in capital $0 $0 $0 $0 $221.0m $94.0m $92.0m $0 $0 $0
Common Stock, Value, Issued $289.0m $284.0m $281.0m $280.0m $279.0m $271.0m $254.0m $240.0m $234.0m $229.0m
Retained Earnings (Accumulated Deficit) $13.3b $11.6b $15.4b $18.4b $21.6b $21.6b $16.9b $15.4b $14.6b $14.0b
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax ($12.1b) $12.6b $14.3b $15.5b $16.2b ($11.0b) ($8.0b) ($8.8b) ($8.5b) ($7.5b)
Stockholders' Equity Attributable to Parent $1.5b ($683.0m) $1.4b $3.1b $6.0b $11.0b $9.3b $6.8b $6.3b $6.7b
Stockholders' Equity Attributable to Noncontrolling Interest $95.0m $74.0m $55.0m $44.0m $23.0m $0 — — — —
Liabilities and Equity $47.8b $46.5b $44.9b $47.5b $50.7b $50.9b $52.9b $52.5b $55.6b $59.8b
Total liabilities and equity $47.8b $46.5b $44.9b $47.5b $50.7b $50.9b $52.9b $52.5b $55.6b $59.8b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.