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: 2012 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2012 10-K (Filed: Feb 28, 2013) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2012 | Dec 31, 2011 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $ 1,898 | 3,582 |
| Receivables, net | 6,563 | 6,064 |
| Inventories, net | 2,937 | 2,481 |
| Deferred income taxes | 1,269 | 1,339 |
| Other current assets | 1,188 | 628 |
| Total current assets | 13,855 | 14,094 |
| Property, plant, and equipment, net | 4,675 | 4,611 |
| Goodwill | 10,370 [1] | 10,148 |
| Deferred income taxes | 4,809 | 4,388 |
| Other noncurrent assets | 4,948 | 4,667 |
| Total assets | 38,657 | 37,908 |
| Liabilities and stockholders' equity | ||
| Current liabilities | ||
| Accounts payable | 2,038 | 2,269 |
| Customer advances and amounts in excess of costs incurred | 6,503 | 6,399 |
| Salaries, benefits, and payroll taxes | 1,649 | 1,664 |
| Current portion of long-term debt | 150 | |
| Other current liabilities | 1,815 | 1,798 |
| Total current liabilities | 12,155 | 12,130 |
| Long-term debt, net | 6,158 | 6,460 |
| Accrued pension liabilities | 15,278 | 13,502 |
| Other postretirement benefit liabilities | 1,220 | 1,274 |
| Other noncurrent liabilities | 3,807 | 3,541 |
| Total liabilities | 38,618 | 36,907 |
| Stockholders' equity | ||
| Common stock, $1 par value per share | 321 | 321 |
| Additional paid-in capital | ||
| Retained earnings | 13,211 | 11,937 |
| Accumulated other comprehensive loss | (13,493) | (11,257) |
| Total stockholders' equity | 39 | 1,001 |
| Total liabilities and stockholders' equity | 38,657 | 37,908 |
| [1] During 2012, the increase in goodwill primarily was due to the acquisitions of Chandler/May, CDL, and Procerus at our MST business segment (Note 14). During 2011, goodwill increased $543 million primarily due to the acquisitions of QTC at our IS&GS business segment and Sim-Industries at our MST business segment (Note 14). As a result of the previously discussed reorganization, the goodwill related to the former Electronic Systems business segment was reassigned on a relative fair value basis to the MFC, MST | ||
| External Links | |
| LOCKHEED MARTIN CORP (LMT) Fiscal Year 2012 | |
| 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 |