Ticker
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LOCKHEED MARTIN   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Products59,277.0056,265.0055,466.0056,435.0054,928.0050,053.0045,005.0043,875.0040,365.0035,882.00
Services11,766.0011,306.0010,518.0010,609.0010,470.009,759.008,757.007,173.006,883.0010,250.00
Sales--------------------
Total Revenues71,043.0067,571.0065,984.0067,044.0065,398.0059,812.0053,762.0051,048.0047,248.0046,132.00
Cost of Products54,852.0050,206.0049,577.0050,273.0048,996.0044,589.0040,293.0039,750.0036,616.0032,006.00
Cost of Services10,217.0010,027.009,280.009,463.009,371.008,731.007,738.006,405.006,040.009,011.00
Cost of goods sold--------------------
Unallocated Corporate costs(1,043.00)(1,233.00)(1,260.00)(1,789.00)(1,650.00)(1,875.00)(1,639.00)(655.00)(550.00)(187.00)
Voluntary Executive Separation Charge------------------102.00
Severance charges87.0092.00100.0036.0027.000.0096.000.0080.00--
Goodwill impairment charge------------------0.00
Gross Profit6,930.008,479.008,287.009,061.008,654.008,367.007,274.005,548.005,062.005,200.00
Other income (expense)83.0028.0061.0062.00(10.00)178.0060.00373.00487.00236.00
Operating Income (Loss)7,013.008,507.008,348.009,123.008,644.008,545.007,334.005,921.005,549.005,436.00
Interest expense1,036.00916.00623.00569.00591.00653.00668.00651.00663.00443.00
Other Income and Expenses, Net181.0064.00(74.00)288.00182.00(651.00)(828.00)(1.00)0.0030.00
Non-service FAS pension (expense) income62.00443.00(971.00)(1,292.00)------------
Earnings (loss) before income taxes6,220.008,098.006,680.007,550.008,235.007,241.005,838.005,269.004,886.005,023.00
Provision (benefit) for income taxes884.001,178.00948.001,235.001,347.001,011.00792.003,340.001,133.001,418.00
Federal income taxes: Current1,352.001,574.001,618.001,325.001,292.00698.00969.00(146.00)1,327.001,817.00
Federal income taxes: Deferred(604.00)(503.00)(776.00)(194.00)21.00235.00738.003,432.00(231.00)(473.00)
Foreign income taxes--------------------
Foreign income taxes: Current120.00102.0087.0093.0050.0091.0067.0053.0056.0046.00
Foreign income taxes: Deferred16.005.0019.0011.00(16.00)(13.00)(13.00)1.00(19.00)28.00
Earnings (loss) from continuing operations----5,732.006,315.006,888.006,230.005,046.001,929.003,753.003,605.00
Discontinued operations----0.000.00(55.00)0.000.0073.001,549.000.00
Extraordinary loss on early extinguishment of debt--------------------
Net Income (loss) Available to Common Shareholders5,336.006,920.005,732.006,315.006,833.006,230.005,046.002,002.005,302.003,605.00
Earnings (loss) per common share: Continuing operations----21.7422.8524.6022.0917.746.7012.5411.62
Earnings (loss) per common share: Discontinued operations----0.000.00(0.20)0.000.000.265.170.00
Extraordinary loss on early extinguishment of debt--------------------
Net Earnings Per Share (Basic)22.3927.6521.7422.8524.4022.0917.746.9617.7111.62
Earnings (loss) per common share: Continuing operations----21.6622.7624.5021.9517.596.6412.3811.46
Earnings (loss) per common share: Discontinued operations----0.000.00(0.20)0.000.000.255.110.00
Extraordinary loss on early extinguishment of debt--------------------
Net Earnings Per Share (Diluted)22.3127.5521.6622.7624.3021.9517.596.8917.4911.46
Average number of common shares outstanding for basic computations238.30250.30263.70276.40280.00282.00284.50287.80299.30310.30
Average number of common shares outstandingfor diluted computations239.20251.20264.60277.40281.20283.80286.80290.60303.10314.70