Lockheed Martin Corporation (FRA:LOM)

Lockheed Martin Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 28, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,470	2,483	1,442	2,547	3,604	3,160
Cash & Short-Term Investments	3,470	2,483	1,442	2,547	3,604	3,160
Cash Growth	10.12%	72.19%	-43.38%	-29.33%	14.05%	108.72%
Receivables	17,793	15,308	15,315	14,823	12,542	11,523
Inventory	3,749	3,474	3,132	3,088	2,981	3,545
Other Current Assets	924	584	632	533	688	1,150
Total Current Assets	25,936	21,849	20,521	20,991	19,815	19,378
Property, Plant & Equipment	8,722	9,726	8,370	7,975	7,597	7,213
Long-Term Investments	-	654	701	685	689	784
Goodwill	11,313	11,067	10,799	10,780	10,813	10,806
Other Intangible Assets	1,943	3,915	3,612	3,378	3,483	3,698
Long-Term Deferred Tax Assets	3,413	3,557	2,953	3,744	2,290	3,475
Other Long-Term Assets	8,949	4,849	5,500	5,327	6,186	5,356
Total Assets	60,276	55,617	52,456	52,880	50,873	50,710
Accounts Payable	3,834	2,222	2,312	2,117	780	880
Accrued Expenses	3,065	3,125	3,133	3,075	3,108	3,163
Current Portion of Long-Term Debt	1,669	643	168	118	-	500
Current Portion of Leases	-	315	-	-	-	-
Current Unearned Revenue	10,259	9,795	9,190	8,488	8,107	7,545
Other Current Liabilities	4,147	3,320	2,134	2,089	2,002	1,845
Total Current Liabilities	22,974	19,420	16,937	15,887	13,997	13,933
Long-Term Debt	20,520	19,627	17,291	15,429	11,670	11,669
Long-Term Leases	-	833	-	-	-	-
Pension & Post-Retirement Benefits	4,861	4,791	6,162	5,472	8,319	12,874
Other Long-Term Liabilities	5,740	4,613	5,231	6,826	5,928	6,196
Total Liabilities	54,095	49,284	45,621	43,614	39,914	44,672
Common Stock	230	234	240	254	271	279
Additional Paid-In Capital	-	-	-	92	94	221
Retained Earnings	14,053	14,551	15,398	16,943	21,600	21,636
Comprehensive Income & Other	-8,102	-8,452	-8,803	-8,023	-11,006	-16,121
Total Common Equity	6,181	6,333	6,835	9,266	10,959	6,015
Minority Interest	-	-	-	-	-	23
Shareholders' Equity	6,181	6,333	6,835	9,266	10,959	6,038
Total Liabilities & Equity	60,276	55,617	52,456	52,880	50,873	50,710
Total Debt	22,189	21,418	17,459	15,547	11,670	12,169
Net Cash (Debt)	-18,719	-18,935	-16,017	-13,000	-8,066	-9,009
Net Cash Per Share	-79.71	-79.16	-63.76	-49.13	-29.08	-32.04
Filing Date Shares Outstanding	231.4	235.39	241.64	255.3	272.33	280.1
Total Common Shares Outstanding	230	235	242	254	271	279
Working Capital	2,962	2,429	3,584	5,104	5,818	5,445
Book Value Per Share	26.87	26.95	28.24	36.48	40.44	21.56
Tangible Book Value	-7,075	-8,649	-7,576	-4,892	-3,337	-8,489
Tangible Book Value Per Share	-30.76	-36.80	-31.31	-19.26	-12.31	-30.43
Land	-	143	144	147	144	142
Buildings	-	9,624	9,049	8,555	8,003	7,425
Machinery	-	10,399	9,908	9,400	9,053	8,661
Construction In Progress	-	2,053	2,081	2,036	1,900	1,921
Order Backlog	-	176,040	160,567	149,998	-	147,131

Source: S&P Global Market Intelligence. Standard template. Financial Sources.