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: 2011 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2011 10-K (Filed: Feb 23, 2012) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2011 | Dec 31, 2010 | |
| Assets | ||
| Cash and cash equivalents | $ 3,582 | 2,261 |
| Short-term investments | 3 | 516 |
| Receivables, net | 6,064 | 5,692 |
| Inventories, net | 2,481 | 2,363 |
| Deferred income taxes | 1,339 | 1,147 |
| Other current assets | 625 | 518 |
| Assets of discontinued operation held for sale | 396 | |
| Total current assets | 14,094 | 12,893 |
| Property, plant and equipment, net | 4,611 | 4,554 |
| Goodwill | 10,148 | 9,605 [1] |
| Deferred income taxes | 4,388 | 3,485 |
| Other assets | 4,667 | 4,576 |
| Total assets | 37,908 | 35,113 [2] |
| Liabilities and Stockholders' Equity | ||
| Accounts payable | 2,269 | 1,627 |
| Customer advances and amounts in excess of costs incurred | 6,399 | 5,890 |
| Salaries, benefits and payroll taxes | 1,664 | 1,870 |
| Other current liabilities | 1,798 | 1,810 |
| Liabilities of discontinued operation held for sale | 204 | |
| Total current liabilities | 12,130 | 11,401 |
| Long-term debt, net | 6,460 | 5,019 |
| Accrued pension liabilities | 13,502 | 10,607 |
| Other postretirement benefit liabilities | 1,274 | 1,213 |
| Other liabilities | 3,541 | 3,376 |
| Total liabilities | 36,907 | 31,616 |
| Stockholders' equity | ||
| Common stock, $1 par value per share | 321 | 346 |
| Additional paid-in capital | ||
| Retained earnings | 11,937 | 12,161 |
| Accumulated other comprehensive loss | (11,257) | (9,010) |
| Total stockholders' equity | 1,001 | 3,497 |
| Total liabilities and stockholders' equity | 37,908 | 35,113 |
| [1] During 2011, the increase in goodwill primarily was due to the acquisition of QTC and Sim-Industries B.V. In 2010, goodwill decreased primarily due to the sale of Enterprise Integration Group (EIG) and the reclassification of Pacific Architects and Engineers, Inc.'s (PAE) assets and liabilities to discontinued operations in 2010 (Note 14). | ||
| [2] We have no significant long-lived assets located in foreign countries. | ||
| External Links | |
| LOCKHEED MARTIN CORP (LMT) Fiscal Year 2011 | |
| 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 |