LMT: the balance sheet

MyFinsight

Balance Sheets	2026-03-29	2025-12-31	2025-09-28	2025-06-29
Cash and cash equivalents	1,894	4,121	3,470	1,293
Receivables, net	2,322	3,901	3,844	3,306
Contract assets	15,885	13,001	13,949	14,896
Inventories	4,251	3,524	3,749	3,699
Other current assets	728	815	924	794
Total current assets	25,080	25,362	25,936	23,988
Property, plant and equipment, net	11,283	8,875	8,722	8,670
Goodwill	11,306	11,314	11,313	11,309
Finite-lived, net carrying amount	NaN	1,050	NaN	NaN
Indefinite-lived, carrying amount	NaN	837	NaN	NaN
Intangible assets, net	1,837	1,887	1,943	2,013
Deferred income taxes	2,802	2,975	3,413	4,070
Capitalized software	NaN	2,417	NaN	NaN
Other noncurrent assets	6,930	7,010	8,949	8,820
Total assets	59,238	59,840	60,276	58,870

Accounts payable	4,707	3,630	3,834	3,653
Salaries, benefits and payroll taxes	2,676	3,184	3,065	2,761
Contract liabilities	10,735	11,440	10,259	9,861
Current maturities of long-term debt	168	1,168	1,669	3,118
Other current liabilities	3,804	3,913	4,147	4,961
Total current liabilities	22,090	23,335	22,974	24,354
Long-term debt, net	20,529	20,532	20,520	18,520
Accrued pension liabilities	3,923	3,915	4,861	4,838
Other noncurrent liabilities	5,207	5,337	5,740	5,824
Total liabilities	51,749	53,119	54,095	53,536
Common stock, 1 par value per share	230	229	230	232
Additional paid-in capital	32	0	0	0
Retained earnings	14,723	14,034	14,053	13,259
Accumulated other comprehensive loss	-7,496	-7,542	-8,102	-8,157
Total stockholders equity	7,489	6,721	6,181	5,334
Total liabilities and equity	59,238	59,840	60,276	58,870

Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.