10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
LOCKHEED MARTIN CORP | |||
Ticker: LMT Fiscal Year: 2019 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 7, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Operating activities | |||
| Net earnings | $ 6,230 | 5,046 | 1,963 |
| Adjustments to reconcile net earnings to net cash provided by operating activities | |||
| Depreciation and amortization | 1,189 | 1,161 | 1,195 |
| Stock-based compensation | 189 | 173 | 158 |
| Deferred income taxes | 222 | (244) | 3,448 |
| Severance and restructuring charges | 0 | 96 | 0 |
| Gain on property sale | (51) | 0 | (198) |
| Gain on divestiture of IS&GS business | 0 | 0 | (73) |
| Changes in assets and liabilities | |||
| Receivables, net | 107 | (179) | (902) |
| Contract assets | 378 | (1,480) | 390 |
| Inventories | (622) | (119) | (79) |
| Accounts payable | (1,098) | 914 | (189) |
| Contract liabilities | 563 | (537) | 353 |
| Postretirement benefit plans | 81 | (3,574) | 1,316 |
| Income taxes | (151) | 1,077 | (1,210) |
| Other, net | 274 | 804 | 304 |
| Net cash provided by operating activities | 7,311 | 3,138 | 6,476 |
| Investing activities | |||
| Capital expenditures | (1,484) | (1,278) | (1,177) |
| Other, net | 243 | 203 | 30 |
| Net cash used for investing activities | (1,241) | (1,075) | (1,147) |
| Financing activities | |||
| Repurchases of common stock | (1,200) | (1,492) | (2,001) |
| Dividends paid | (2,556) | (2,347) | (2,163) |
| Proceeds from issuance of commercial paper, net | (600) | 600 | 0 |
| Repayments of long-term debt | (900) | (750) | 0 |
| Other, net | (72) | (163) | (141) |
| Net cash used for financing activities | (5,328) | (4,152) | (4,305) |
| Net change in cash and cash equivalents | 742 | (2,089) | 1,024 |
| Cash and cash equivalents at beginning of year | 772 | 2,861 | |
| Cash and cash equivalents at end of year | 1,514 | 772 | 2,861 |
| External Links | |
| LOCKHEED MARTIN CORP (LMT) Fiscal Year 2019 | |
| 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 |