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: 2022 | |||
Consolidated Statements of Earnings | |||
Period Ending Dec 31, 2022 10-K (Filed: Jan 26, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| Net sales | |||
| Total net sales | $ 65,984 | 67,044 | 65,398 |
| Cost of sales | |||
| Severance and other charges | (100) | (36) | (27) |
| Other unallocated, net | 1,260 | 1,789 | 1,650 |
| Total cost of sales | (57,697) | (57,983) | (56,744) |
| Gross profit | 8,287 | 9,061 | 8,654 |
| Other income (expense), net | 61 | 62 | (10) |
| Operating profit | 8,348 | 9,123 | 8,644 |
| Interest expense | (623) | (569) | (591) |
| Non-service FAS pension (expense) income | (971) | (1,292) | 219 |
| Other non-operating (expense) income, net | (74) | 288 | (37) |
| Earnings from continuing operations before income taxes | 6,680 | 7,550 | 8,235 |
| Income tax expense | (948) | (1,235) | (1,347) |
| Net earnings from continuing operations | 5,732 | 6,315 | 6,888 |
| Net loss from discontinued operations | 0 | 0 | (55) |
| Net earnings | 5,732 | 6,315 | 6,833 |
| Earnings (loss) per common share | |||
| Basic | |||
| Continuing operations (in dollars per share) | 21.74 | 22.85 | 24.60 |
| Discontinued operations (in dollars per share) | 0.00 | 0.00 | (0.20) |
| Basic earnings per common share (in dollars per share) | 21.74 | 22.85 | 24.40 |
| Diluted | |||
| Continuing operations (in dollars per share) | 21.66 | 22.76 | 24.50 |
| Discontinued operations (in dollars per share) | 0.00 | 0.00 | (0.20) |
| Diluted earnings per common share (in dollars per share) | 21.66 | 22.76 | 24.30 |
| Product and Service | |||
| Products | |||
| Total net sales | 55,466 | 56,435 | 54,928 |
| Total cost of sales | (49,577) | (50,273) | (48,996) |
| Services | |||
| Total net sales | 10,518 | 10,609 | 10,470 |
| Total cost of sales | (9,280) | (9,463) | (9,371) |
| External Links | |
| LOCKHEED MARTIN CORP (LMT) Fiscal Year 2022 | |
| 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 |