← NORTHROP GRUMMAN CORP /DE/

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:
Accounts receivable, net $3.3b $4.0b $1.4b $1.3b $1.5b $1.5b $1.5b $1.5b $1.3b $1.4b
Cash and Cash Equivalents, at Carrying Value $2.5b $11.2b $1.6b $2.2b $4.9b $3.5b $2.6b $3.1b — $4.4b
Cash and cash equivalents $2.5b $11.2b $1.6b $2.2b $4.9b $3.5b $2.6b $3.1b $4.4b $4.4b
Prepaid expenses and other current assets $200.0m $368.0m $973.0m $997.0m $1.4b $1.1b $1.4b $2.3b $1.3b $1.7b
Unbilled receivables, net — $3.5b $5.0b $5.3b $5.1b $5.5b $6.0b $5.7b $5.9b $6.5b
Inventory, Net $816.0m $780.0m $654.0m $783.0m $759.0m $811.0m $978.0m $1.1b $1.5b $1.3b
Assets, Current $6.9b $16.3b $9.7b $10.7b $15.3b $12.4b $12.5b $13.7b $14.3b $15.3b
Total current assets $6.9b $16.3b $9.7b $10.7b $15.3b $12.4b $12.5b $13.7b $14.3b $15.3b
Property, plant and equipment, net of accumulated depreciation of $9,648 for 2025 and $8,733 for 2024 $3.6b $4.2b $6.4b $6.9b $7.1b $7.9b $8.8b $9.7b $10.5b $11.0b
Property, Plant and Equipment, Net $3.6b $4.2b $6.4b $6.9b $7.1b $7.9b $8.8b $9.7b $10.5b $11.0b
Goodwill $12.4b $12.5b $18.7b $18.7b $17.5b $17.5b $17.5b $17.5b $17.5b $17.4b
Intangible Assets, Net (Excluding Goodwill) — — $1.4b $1.0b $783.0m $578.0m $384.0m $305.0m $254.0m —
Operating Lease, Right-of-Use Asset — — $0 $1.5b $1.5b $1.7b $1.8b $1.8b $1.8b $1.9b
Operating lease right-of-use assets — — $0 $1.5b $1.5b $1.7b $1.8b $1.8b $1.8b $1.9b
Other Assets, Noncurrent $1.3b $1.4b $1.5b $1.7b $1.9b $2.3b $2.6b $2.5b $1.2b $1.6b
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current — — $1.4b $1.3b $1.5b $1.5b $1.5b $1.5b $1.3b $1.4b
Advance payments and billings in excess of costs incurred — — $1.9b $2.2b $2.5b $3.0b $3.6b $4.2b $4.1b $4.1b
Deferred tax assets $1.5b $475.0m $94.0m $508.0m $311.0m $200.0m $162.0m $1.0b $1.6b $1.1b
Inventoried costs, net $816.0m $780.0m $654.0m $783.0m $759.0m $811.0m $978.0m $1.1b $1.5b $1.3b
Non-current assets — — — — — — — $1.3b $2.2b $3.2b
Operating lease liabilities — — $0 $1.3b $1.3b $1.6b $1.8b $1.9b $1.8b $1.9b
Other current liabilities $1.3b $2.3b $2.5b $3.1b $3.0b $2.3b $3.3b $3.4b $5.2b $4.2b
Other non-current assets $1.3b $1.4b $1.5b $1.7b $1.9b $2.3b $2.6b $2.5b $1.2b $1.6b
Other non-current liabilities $849.0m $994.0m $1.4b $1.8b $2.2b $2.0b $1.9b $2.8b $2.3b $2.7b
Total shareholders’ equity $5.3b $7.0b $8.2b $8.8b $10.6b $12.9b $15.3b $14.8b $15.3b $16.7b
Assets $25.6b $34.9b $37.7b $41.1b $44.5b $42.6b $43.8b $46.5b $49.4b $51.4b
Total assets $25.6b $34.9b $37.7b $41.1b $44.5b $42.6b $43.8b $46.5b $49.4b $51.4b
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $1.6b $1.7b $2.2b $2.2b $1.8b $2.2b $2.6b $2.1b $2.6b $3.2b
Accrued employee compensation $1.3b $1.4b $1.7b $1.9b $2.0b $2.0b $2.1b $2.3b $2.3b $2.3b
Long-term Debt, Current Maturities $12.0m $867.0m $14.4b $1.1b $742.0m $6.0m $1.1b $70.0m $1.6b $534.0m
Long-term Debt, Excluding Current Maturities $7.1b $15.3b $14.4b $13.9b $14.3b $12.8b $11.8b $13.8b $14.7b $15.2b
Long-term debt, net of current portion of $534 for 2025 and $1,582 for 2024 — — — $12.8b $14.3b $12.8b $11.8b $13.8b $14.7b $15.2b
Operating Lease, Liability, Current — — — $261.0m $263.0m $284.0m $299.0m $300.0m $324.0m $331.0m
Operating Lease, Liability, Noncurrent — — — $1.3b $1.3b $1.6b $1.8b $1.9b $1.8b $1.9b
Trade accounts payable $1.6b $1.7b $2.2b $2.2b $1.8b $2.2b $2.6b $2.1b $2.6b $3.2b
Liabilities, Current $5.6b $7.0b $8.3b $9.4b $9.6b $9.5b $11.6b $11.9b $14.1b $13.9b
Total current liabilities $5.6b $7.0b $8.3b $9.4b $9.6b $9.5b $11.6b $11.9b $14.1b $13.9b
Deferred tax liabilities — $0 $108.0m $0 $0 $490.0m $132.0m — — —
Other Liabilities, Noncurrent $849.0m $994.0m $1.4b $1.8b $2.2b $2.0b $1.9b $2.8b $2.3b $2.7b
Pension and other postretirement benefit plan liabilities $6.8b $5.5b $5.8b $7.0b $6.5b $3.3b $1.2b $1.3b $1.1b $1.1b
Deferred Tax Liabilities, Net — $0 $14.0m $0 $0 $290.0m ($30.0m) — — —
Liabilities $20.4b $27.9b $29.5b $32.3b $33.9b $29.7b $28.4b $31.7b $34.1b $34.7b
Total liabilities $20.4b $27.9b $29.5b $32.3b $33.9b $29.7b $28.4b $31.7b $34.1b $34.7b
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax ($5.5b) ($4.7b) ($52.0m) ($97.0m) ($128.0m) ($143.0m) ($153.0m) ($128.0m) ($152.0m) ($126.0m)
Accumulated other comprehensive loss ($5.5b) ($4.7b) ($52.0m) ($97.0m) ($128.0m) ($143.0m) ($153.0m) ($128.0m) ($152.0m) ($126.0m)
Additional Paid in Capital, Common Stock — $44.0m $0 $0 $58.0m $0 $0 $0 $0 $0
Common Stock, Value, Issued $175.0m $174.0m $171.0m $168.0m $167.0m $156.0m $153.0m $150.0m $145.0m $142.0m
Common stock, $1 par value; 800,000,000 shares authorized; issued and outstanding: 2025—141,997,194 and 2024—144,952,026 175.0m 174.0m 171.0m 168.0m 167.0m 156.0m 153.0m 150.0m 145.0m 142.0m
Paid-in capital $0 $44.0m $0 $0 $58.0m $0 $0 $0 $0 $0
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Preferred stock, $1 par value; 10,000,000 shares authorized; no shares issued and outstanding 0 0 0 0 0 0 0 0 0 0
Retained Earnings (Accumulated Deficit) $10.6b $11.5b $8.1b $8.7b $10.5b $12.9b $15.3b $14.8b $15.3b $16.7b
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax $5.4b $4.6b ($98.0m) ($51.0m) ($10.0m) ($2.0m) ($1.0m) ($128.0m) ($152.0m) ($126.0m)
Stockholders' Equity Attributable to Parent $5.3b $7.0b $8.2b $8.8b $10.6b $12.9b $15.3b $14.8b $15.3b $16.7b
Liabilities and Equity $25.6b $34.9b $37.7b $41.1b $44.5b $42.6b $43.8b $46.5b $49.4b $51.4b
Total liabilities and shareholders’ equity $25.6b $34.9b $37.7b $41.1b $44.5b $42.6b $43.8b $46.5b $49.4b $51.4b

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.