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: 2021

Consolidated Statements of Cash Flows

Period Ending Dec 31, 2021 10-K (Filed: Jan 25, 2022)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2021Dec 31, 2020Dec 31, 2019
Operating activities
Net earnings
$
6,315
6,8336,230
Adjustments to reconcile net earnings to net cash provided by operating activities
Depreciation and amortization1,3641,2901,189
Stock-based compensation227221189
Equity method investment impairment01280
Tax resolution related to former IS&GS business0550
Deferred income taxes(183)5222
Pension settlement charge1,66500
Severance and restructuring charges36270
Gain on property sale00(51)
Changes in assets and liabilities
Receivables, net15359107
Contract assets(1,034)(451)378
Inventories56474(622)
Accounts payable(98)(372)(1,098)
Contract liabilities562491563
Income taxes45(19)(151)
Postretirement benefit plans(267)(1,197)81
Other, net10739274
Net cash provided by operating activities9,2218,1837,311
 
Investing activities
Capital expenditures(1,522)(1,766)(1,484)
Acquisitions of businesses0(282)0
Other, net36138243
Net cash used for investing activities(1,161)(2,010)(1,241)
 
Financing activities
Repayment of commercial paper, net00(600)
Issuance of long-term debt, net of related costs01,1310
Repayments of long-term debt(500)(1,650)(900)
Repurchases of common stock(4,087)(1,100)(1,200)
Dividends paid(2,940)(2,764)(2,556)
Other, net(89)(144)(72)
Net cash used for financing activities(7,616)(4,527)(5,328)
 
Net change in cash and cash equivalents4441,646742
 
Cash and cash equivalents at beginning of year3,1601,514
Cash and cash equivalents at end of year3,6043,1601,514
 
External Links 
LOCKHEED MARTIN CORP (LMT) Fiscal Year 2021
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