10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
LOCKHEED MARTIN CORP | |||
Ticker: LMT Fiscal Year: 2009 | |||
Statement Of Income | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 25, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Net Sales | |||
| Products | $ 36,336 | 34,809 | 35,267 |
| Services | 8,853 | 7,922 | 6,595 |
| Sales Revenue, Net, Total | 45,189 | 42,731 | 41,862 |
| Cost of Sales | |||
| Products | (32,301) | (30,874) | (31,479) |
| Services | (7,993) | (7,147) | (5,874) |
| Unallocated Corporate Costs | (671) | (61) | (275) |
| Cost of Goods and Services Sold | (40,965) | (38,082) | (37,628) |
| Gross Profit, Total | 4,224 | 4,649 | 4,234 |
| Other Income (Expense), Net | 242 | 482 | 293 |
| Operating Profit | 4,466 | 5,131 | 4,527 |
| Interest Expense | (305) | (341) | (352) |
| Other Non-operating Income (Expense), Net | 123 | (88) | 193 |
| Earnings Before Income Taxes | 4,284 | 4,702 | 4,368 |
| Income Tax Expense | (1,260) | (1,485) | (1,335) |
| Net Earnings | 3,024 | 3,217 | 3,033 |
| Earnings Per Common Share | |||
| Basic | 7.86 | 8.05 | 7.29 |
| Diluted | 7.78 | 7.86 | 7.10 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
LOCKHEED MARTIN CORP | |||
Ticker: LMT Fiscal Year: 2009 | |||
Statement Of Cash Flows Indirect | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 25, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Operating Activities | |||
| Net earnings | $ 3,024 | 3,217 | 3,033 |
| Adjustments to reconcile net earnings to Net Cash Provided by Operating Activities | |||
| Depreciation and amortization of plant and equipment | 750 | 727 | 666 |
| Amortization of purchased intangibles | 104 | 118 | 153 |
| Stock-based compensation | 154 | 155 | 149 |
| Excess tax benefits on stock-based compensation | (21) | (92) | (124) |
| Deferred income taxes | 542 | 72 | 110 |
| Contributions related to our qualified defined benefit plans | (1,482) | (109) | (335) |
| Changes in operating assets and liabilities: | |||
| Receivables | (719) | (333) | (324) |
| Inventories | (233) | (183) | (57) |
| Accounts payable | (21) | (141) | (66) |
| Customer advances and amounts in excess of costs incurred | 482 | 313 | 394 |
| Other | 593 | 677 | 639 |
| Net cash provided by operating activities | 3,173 | 4,421 | 4,238 |
| Investing Activities | |||
| Expenditures for property, plant and equipment | (852) | (926) | (940) |
| Acquisitions of businesses / investments in affiliates | (435) | (233) | (337) |
| Net proceeds from (payments for) short-term investment transactions | (279) | 272 | 48 |
| Other | 48 | (20) | 24 |
| Net cash used for investing activities | (1,518) | (907) | (1,205) |
| Financing Activities | |||
| Repurchases of common stock | (1,851) | (2,931) | (2,127) |
| Issuances of common stock and related amounts | 40 | 250 | 350 |
| Excess tax benefits on stock-based compensation | 21 | 92 | 124 |
| Common stock dividends | (908) | (737) | (615) |
| Issuance of long-term debt, net of related costs | 1,464 | 491 | 0 |
| Repayments of long-term debt | (242) | (1,103) | (32) |
| Net cash used for financing activities | (1,476) | (3,938) | (2,300) |
| Effect of exchange rate changes on cash and cash equivalents | 44 | (56) | 3 |
| Net increase (decrease) in cash and cash equivalents | 223 | (480) | 736 |
| Cash and cash equivalents at beginning of year | 2,168 | 2,648 | |
| Cash and Cash Equivalents at end of year | 2,391 | 2,168 | 2,648 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
LOCKHEED MARTIN CORP | ||
Ticker: LMT Fiscal Year: 2009 | ||
Statement Of Financial Position Classified | ||
Period Ending Dec 31, 2009 10-K (Filed: Feb 25, 2010) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2009 | Dec 31, 2008 | |
| Assets | ||
| Current Assets | ||
| Cash and Cash Equivalents | $ 2,391 | 2,168 |
| Receivables | 6,061 | 5,296 |
| Inventories | 2,183 | 1,902 |
| Deferred Income Taxes | 815 | 755 |
| Other Current Assets | 1,027 | 562 |
| Total Current Assets | 12,477 | 10,683 |
| Property, Plant, and Equipment, Net | 4,520 | 4,488 |
| Goodwill | 9,948 | 9,526 |
| Purchased Intangibles, Net | 311 | 355 |
| Prepaid Pension Asset | 160 | 122 |
| Deferred Income Taxes | 3,779 | 4,651 |
| Other Assets | 3,916 | 3,614 |
| Assets, Total | 35,111 | 33,439 |
| Liabilities and Stockholders' Equity | ||
| Current Liabilities | ||
| Accounts Payable | 2,030 | 2,030 |
| Customer Advances and Amounts in Excess of Costs Incurred | 5,049 | 4,535 |
| Salaries, Benefits and Payroll Taxes | 1,648 | 1,684 |
| Current Maturities of Long-term Debt | 0 | 242 |
| Other Current Liabilities | 1,976 | 2,051 |
| Total Current Liabilities | 10,703 | 10,542 |
| Long-term Debt, Net | 5,052 | 3,563 |
| Accrued Pension Liabilities | 10,823 | 12,004 |
| Other Postretirement Benefit Liabilities | 1,308 | 1,386 |
| Other Liabilities | 3,096 | 3,079 |
| Total Liabilities | 30,982 | 30,574 |
| Stockholders' Equity | ||
| Common Stock, $1 Par Value Per Share | 373 | 393 |
| Additional Paid-in Capital | 0 | 0 |
| Retained Earnings | 12,351 | 11,621 |
| Accumulated Other Comprehensive Income (Loss) | (8,595) | (9,149) |
| Total Stockholders' Equity | 4,129 | 2,865 |
| Liabilities and Stockholders' Equity, Total | 35,111 | 33,439 |
| External Links | |
| LOCKHEED MARTIN CORP (LMT) Fiscal Year 2009 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |