LMT: the balance sheet

MyFinsight

For the year ending 2025-12-31, LMT has $59,840M in assets. $53,119M in debts. $4,121M in cash and cash equivalents.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	4,121	2,483	1,442	2,547
Receivables, net	3,901	2,351	2,132	2,505
Contract assets	13,001	12,957	13,183	12,318
Inventories	3,524	3,474	3,132	3,088
Other current assets	815	584	632	533
Total current assets	25,362	21,849	20,521	20,991
Property, plant and equipment, net	8,875	8,726	8,370	7,975
Goodwill	11,314	11,067	10,799	10,780
Finite-lived, net carrying amount	1,050	1,178	1,325	1,572
Indefinite-lived, carrying amount	837	837	887	887
Intangible assets, net	1,887	2,015	2,212	2,459
Deferred income taxes	2,975	3,557	2,953	3,744
Capitalized software	2,417	-	-	-
Other noncurrent assets	7,010	8,403	7,601	6,931
Total assets	59,840	55,617	52,456	52,880

Accounts payable	3,630	2,222	2,312	2,117
Salaries, benefits and payroll taxes	3,184	3,125	3,133	3,075
Contract liabilities	11,440	9,795	9,190	8,488
Current maturities of long-term debt	1,168	643	168	-
Other current liabilities	3,913	3,635	2,134	2,207
Total current liabilities	23,335	19,420	16,937	15,887
Long-term debt, net	20,532	19,627	17,291	15,429
Accrued pension liabilities	3,915	4,791	6,162	5,472
Other noncurrent liabilities	5,337	5,446	5,231	6,826
Total liabilities	53,119	49,284	45,621	43,614
Common stock, 1 par value per share	229	234	240	254
Additional paid-in capital	0	0	0	92
Retained earnings	14,034	14,551	15,398	16,943
Accumulated other comprehensive loss	-7,542	-8,452	-8,803	-8,023
Total stockholders equity	6,721	6,333	6,835	9,266
Total liabilities and equity	59,840	55,617	52,456	52,880

Unit: Million (M) dollars