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: 2017 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2017 10-K/A (Amendment Filed: Feb 16, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Net sales | |||
| Products | $ 43,875 | 40,365 | 34,868 |
| Services | 7,173 | 6,883 | 5,668 |
| Total net sales | 51,048 | 47,248 | 40,536 |
| Cost of sales | |||
| Products | (39,750) | (36,616) | (31,091) |
| Services | (6,405) | (6,040) | (4,824) |
| Severance charges | 0 | (80) | (82) |
| Other unallocated, net | 655 | 550 | (47) |
| Total cost of sales | (45,500) | (42,186) | (36,044) |
| Gross profit | 5,548 | 5,062 | 4,492 |
| Other income, net | 373 | 487 | 220 |
| Operating profit | 5,921 | 5,549 | 4,712 |
| Interest expense | (651) | (663) | (443) |
| Other non-operating (expense) income, net | (1) | 0 | 30 |
| Earnings from continuing operations before income taxes | 5,269 | 4,886 | 4,299 |
| Income tax expense | (3,340) | (1,133) | (1,173) |
| Net earnings from continuing operations | 1,929 | 3,753 | 3,126 |
| Net earnings from discontinued operations | 73 | 1,549 | 479 |
| Net earnings | 2,002 | 5,302 | 3,605 |
| Earnings per common share | |||
| Basic | |||
| Continuing operations (in dollars per share) | 6.70 | 12.54 | 10.07 |
| Discontinued operations (in dollars per share) | 0.26 | 5.17 | 1.55 |
| Basic earnings per common share (in dollars per share) | 6.96 | 17.71 | 11.62 |
| Diluted | |||
| Continuing operations (in dollars per share) | 6.64 | 12.38 | 9.93 |
| Discontinued operations (in dollars per share) | 0.25 | 5.11 | 1.53 |
| Diluted earnings per common share (in dollars per share) | 6.89 | 17.49 | 11.46 |
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
LOCKHEED MARTIN CORP | |||
Ticker: LMT Fiscal Year: 2017 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2017 10-K (Superseded Filed: Feb 6, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Net sales | |||
| Products | $ 43,875 | 40,365 | 34,868 |
| Services | 7,173 | 6,883 | 5,668 |
| Total net sales | 51,048 | 47,248 | 40,536 |
| Cost of sales | |||
| Products | (39,750) | (36,616) | (31,091) |
| Services | (6,405) | (6,040) | (4,824) |
| Severance charges | 0 | (80) | (82) |
| Other unallocated, net | 655 | 550 | (47) |
| Total cost of sales | (45,500) | (42,186) | (36,044) |
| Gross profit | 5,548 | 5,062 | 4,492 |
| Other income, net | 373 | 487 | 220 |
| Operating profit | 5,921 | 5,549 | 4,712 |
| Interest expense | (651) | (663) | (443) |
| Other non-operating (expense) income, net | (1) | 0 | 30 |
| Earnings from continuing operations before income taxes | 5,269 | 4,886 | 4,299 |
| Income tax expense | (3,340) | (1,133) | (1,173) |
| Net earnings from continuing operations | 1,929 | 3,753 | 3,126 |
| Net earnings from discontinued operations | 73 | 1,549 | 479 |
| Net earnings | 2,002 | 5,302 | 3,605 |
| Earnings per common share | |||
| Basic | |||
| Continuing operations (in dollars per share) | 6.70 | 12.54 | 10.07 |
| Discontinued operations (in dollars per share) | 0.26 | 5.17 | 1.55 |
| Basic earnings per common share (in dollars per share) | 6.96 | 17.71 | 11.62 |
| Diluted | |||
| Continuing operations (in dollars per share) | 6.64 | 12.38 | 9.93 |
| Discontinued operations (in dollars per share) | 0.25 | 5.11 | 1.53 |
| Diluted earnings per common share (in dollars per share) | 6.89 | 17.49 | 11.46 |
| External Links | |
| LOCKHEED MARTIN CORP (LMT) Fiscal Year 2017 | |
| 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 |