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Below are the financial statements of Lockheed Martin, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Lockheed Martin, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 2.48a | 1.44a |
| Receivables, net | 2.35a | 2.13a |
| Contract assets | 12.96a | 13.18a |
| Inventories | 3.47a | 3.13a |
| Other current assets | 0.58a | 0.63a |
| Total current assets | 21.85a | 20.52a |
| Property, plant and equipment, net | 8.73a | 8.37a |
| Goodwill | 11.07a | 10.8a |
| Intangible assets, net | 2.02a | 2.21a |
| Deferred income taxes | 3.56a | 2.95a |
| Other noncurrent assets | 8.4a | 7.6a |
| Total assets | 55.62a | 52.46a |
| Liabilities and equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 2.22a | 2.31a |
| Salaries, benefits and payroll taxes | 3.13a | 3.13a |
| Contract liabilities | 9.8a | 9.19a |
| Current maturities of long-term debt | 0.64a | 0.17a |
| Other current liabilities | 3.64a | 2.13a |
| Total current liabilities | 19.42a | 16.94a |
| Long-term debt, net | 19.63a | 17.29a |
| Accrued pension liabilities | 4.79a | 6.16a |
| Other noncurrent liabilities | 5.45a | 5.23a |
| Total liabilities | 49.28a | 45.62a |
| Stockholders’ equity | — | — |
| Common stock | 0.23a | 0.24a |
| Additional paid-in capital | 0a | 0a |
| Retained earnings | 14.55a | 15.4a |
| Accumulated other comprehensive loss | -8.45a | -8.8a |
| Total stockholders’ equity | 6.33a | 6.84a |
| Total liabilities and equity | 55.62a | 52.46a |
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