$LMT
LOCKHEED MARTIN CORP

2010 Q4 Form 10-K Financial Statement

#000119312512074929 Filed on February 23, 2012

View on sec.gov

Income Statement

Concept 2010 Q4 2010 Q3 2010 Q2
Revenue $12.79B $11.38B $11.26B
YoY Change 4.84% 5.65% 2.92%
Cost Of Revenue $11.61B $10.38B $10.18B
YoY Change 5.63% 6.08% 2.42%
Gross Profit $1.155B $967.0M $1.046B
YoY Change -5.02% -1.93% 4.91%
Gross Profit Margin 9.03% 8.5% 9.29%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization -$613.0M $213.0M $201.0M
YoY Change -230.43% -0.93% -3.37%
% of Gross Profit -53.07% 22.03% 19.22%
Operating Expenses $203.0M -$88.00M -$73.00M
YoY Change -825.0% 7.32% 10.61%
Operating Profit $1.128B $889.0M $1.119B
YoY Change -9.32% -16.76% 5.27%
Interest Expense -$87.00M -$85.00M -$86.00M
YoY Change 1.16% 14.86% 16.22%
% of Operating Profit -7.71% -9.56% -7.69%
Other Income/Expense, Net $289.0M $37.00M -$19.00M
YoY Change 1011.54% -31.48% -141.3%
Pretax Income $1.056B $829.0M $1.014B
YoY Change -10.81% -20.9% -2.03%
Income Tax -$2.093B $272.0M $297.0M
% Of Pretax Income -198.2% 32.81% 29.29%
Net Earnings $983.0M $571.0M $824.0M
YoY Change 18.86% -28.36% 12.26%
Net Earnings / Revenue 7.68% 5.02% 7.32%
Basic Earnings Per Share $2.76 $1.56 $2.24
Diluted Earnings Per Share $2.73 $1.54 $2.22
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2010 Q4 2010 Q3 2010 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.777B $3.423B $3.599B
YoY Change 1.46% 26.36% 34.69%
Cash & Equivalents $2.261B $2.656B $2.722B
Short-Term Investments $516.0M $767.0M $877.0M
Other Short-Term Assets $2.061B $2.148B $1.870B
YoY Change 37.77% 35.26% 48.65%
Inventory $2.363B $2.093B $2.360B
Prepaid Expenses
Receivables $5.692B $6.275B $6.383B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $12.89B $13.94B $14.21B
YoY Change 3.33% 12.02% 19.3%
LONG-TERM ASSETS
Property, Plant & Equipment $4.554B $4.347B $4.381B
YoY Change 0.75% -1.87% -1.35%
Goodwill $9.605B
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.061B $7.519B $7.670B
YoY Change 2.62% -12.44% -8.36%
Total Long-Term Assets $22.22B $21.61B $22.03B
YoY Change -1.83% -7.24% -3.71%
TOTAL ASSETS
Total Short-Term Assets $12.89B $13.94B $14.21B
Total Long-Term Assets $22.22B $21.61B $22.03B
Total Assets $35.11B $35.55B $36.24B
YoY Change 0.01% -0.53% 4.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.627B $2.352B $2.271B
YoY Change -19.85% 4.77% 5.04%
Accrued Expenses $1.870B $1.890B $1.698B
YoY Change 13.47% 5.88% -0.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $11.40B $11.64B $11.86B
YoY Change 6.52% 0.47% 5.07%
LONG-TERM LIABILITIES
Long-Term Debt $5.019B $5.019B $5.019B
YoY Change -0.65% 40.86% 40.86%
Other Long-Term Liabilities $15.20B $14.98B $15.63B
YoY Change -0.2% -14.21% -8.71%
Total Long-Term Liabilities $20.22B $20.00B $20.65B
YoY Change -0.32% -4.87% -0.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.40B $11.64B $11.86B
Total Long-Term Liabilities $20.22B $20.00B $20.65B
Total Liabilities $31.62B $31.63B $32.51B
YoY Change 2.05% -2.97% 1.68%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.497B $3.918B $3.734B
YoY Change
Total Liabilities & Shareholders Equity $35.11B $35.55B $36.24B
YoY Change 0.01% -0.53% 4.17%

Cashflow Statement

Concept 2010 Q4 2010 Q3 2010 Q2
OPERATING ACTIVITIES
Net Income $983.0M $571.0M $824.0M
YoY Change 18.86% -28.36% 12.26%
Depreciation, Depletion And Amortization -$613.0M $213.0M $201.0M
YoY Change -230.43% -0.93% -3.37%
Cash From Operating Activities -$3.387B $513.0M $1.225B
YoY Change 1063.92% -63.97% 7.83%
INVESTING ACTIVITIES
Capital Expenditures $394.0M -$171.0M -$131.0M
YoY Change -157.52% -6.04% -21.56%
Acquisitions
YoY Change
Other Investing Activities $473.0M $108.0M -$665.0M
YoY Change 258.33% -118.09% 1521.95%
Cash From Investing Activities $867.0M -$63.00M -$796.0M
YoY Change -256.78% -91.91% 282.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.256B -536.0M -990.0M
YoY Change 310.18% -10.67% 47.32%
NET CHANGE
Cash From Operating Activities -3.387B 513.0M 1.225B
Cash From Investing Activities 867.0M -63.00M -796.0M
Cash From Financing Activities 2.256B -536.0M -990.0M
Net Change In Cash -264.0M -86.00M -561.0M
YoY Change -10.2% -291.11% -319.14%
FREE CASH FLOW
Cash From Operating Activities -$3.387B $513.0M $1.225B
Capital Expenditures $394.0M -$171.0M -$131.0M
Free Cash Flow -$3.781B $684.0M $1.356B
YoY Change -1059.64% -57.41% 4.07%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2010Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
717000000
CY2010Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
557000000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
821000000
CY2011Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
556000000
CY2011Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
748000000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
698000000
CY2010Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
14000000
CY2010Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
107000000
CY2010Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
3000000
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
140000000
CY2011Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-26000000
CY2011Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-6000000
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
35000000
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-15000000
CY2010Q1 us-gaap Net Income Loss
NetIncomeLoss
533000000
CY2010Q2 us-gaap Net Income Loss
NetIncomeLoss
824000000
CY2011Q1 us-gaap Net Income Loss
NetIncomeLoss
530000000
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
742000000
CY2009 us-gaap Operating Income Loss
OperatingIncomeLoss
4367000000
CY2010Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
938000000
CY2010 us-gaap Operating Income Loss
OperatingIncomeLoss
4049000000
CY2010Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1119000000
CY2011Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
864000000
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
993000000
CY2010Q1 us-gaap Sales Revenue Net
SalesRevenueNet
10308000000
CY2010Q2 us-gaap Sales Revenue Net
SalesRevenueNet
11259000000
us-gaap Sales Revenue Net
SalesRevenueNet
12761000000
CY2011Q1 us-gaap Sales Revenue Net
SalesRevenueNet
10626000000
CY2011Q2 us-gaap Sales Revenue Net
SalesRevenueNet
11543000000
CY2011Q3 us-gaap Sales Revenue Net
SalesRevenueNet
12119000000
us-gaap Sales Revenue Net
SalesRevenueNet
12211000000
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
335900000
CY2009 lmt Other Unallocated Corporate Income Expense Net
OtherUnallocatedCorporateIncomeExpenseNet
689000000
CY2010 lmt Other Unallocated Corporate Income Expense Net
OtherUnallocatedCorporateIncomeExpenseNet
759000000
CY2011 lmt Other Unallocated Corporate Income Expense Net
OtherUnallocatedCorporateIncomeExpenseNet
1165000000
CY2010 lmt Severance And Other Charges
SeveranceAndOtherCharges
220000000
CY2011 lmt Severance And Other Charges
SeveranceAndOtherCharges
136000000
CY2010Q4 us-gaap Assets
Assets
35113000000
CY2011Q4 us-gaap Assets
Assets
37908000000
CY2010Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
4619000000
CY2011Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
5719000000
CY2010Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
17000000
CY2011Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
14000000
CY2010Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
391000000
CY2011Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
379000000
CY2010Q4 us-gaap Derivative Assets
DerivativeAssets
26000000
CY2011Q4 us-gaap Derivative Assets
DerivativeAssets
43000000
CY2010Q4 us-gaap Derivative Financial Instruments Liabilities Fair Value Disclosure
DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure
33000000
CY2011Q4 us-gaap Derivative Financial Instruments Liabilities Fair Value Disclosure
DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure
26000000
CY2010Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.43
CY2010Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.24
CY2010Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.56
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.70
CY2011Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.52
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.16
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.12
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.12
CY2010Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.41
CY2010Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.22
CY2010Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.54
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.67
CY2011Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.50
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.14
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.10
CY2010Q4 us-gaap Goodwill
Goodwill
9605000000
CY2011Q4 us-gaap Goodwill
Goodwill
10148000000
CY2010Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
519000000

Files In Submission

Name View Source Status
0001193125-12-074929-index-headers.html Edgar Link pending
0001193125-12-074929-index.html Edgar Link pending
0001193125-12-074929.txt Edgar Link pending
0001193125-12-074929-xbrl.zip Edgar Link pending
d221578d10k.htm Edgar Link pending
d221578dex1014.htm Edgar Link pending
d221578dex1039.htm Edgar Link pending
d221578dex1040.htm Edgar Link pending
d221578dex12.htm Edgar Link pending
d221578dex21.htm Edgar Link pending
d221578dex23.htm Edgar Link pending
d221578dex24.htm Edgar Link pending
d221578dex311.htm Edgar Link pending
d221578dex312.htm Edgar Link pending
d221578dex321.htm Edgar Link pending
d221578dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
g221578ex10_40.jpg Edgar Link pending
g221578g10c79.jpg Edgar Link pending
g221578g46a57.jpg Edgar Link pending
lmt-20111231.xml Edgar Link completed
lmt-20111231.xsd Edgar Link pending
lmt-20111231_cal.xml Edgar Link unprocessable
lmt-20111231_def.xml Edgar Link unprocessable
lmt-20111231_lab.xml Edgar Link unprocessable
lmt-20111231_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending