| Cash Flow | 2025-09-28 | 2025-06-29 | 2025-03-30 | 2024-09-29 |
|---|---|---|---|---|
| Net earnings | 3,673 | 2,054 | 1,712 | 4,809 |
| Depreciation and amortization | 1,224 | 796 | 397 | 1,100 |
| Stock-based compensation | 215 | 141 | 60 | 229 |
| Deferred income taxes | 72 | -561 | -34 | -174 |
| Impairment and other charges | 66 | 66 | - | 87 |
| Select program losses | 1,615 | 1,615 | - | - |
| Receivables, net | 1,493 | 955 | -327 | 9 |
| Contract assets | 1,231 | 2,178 | 1,720 | 1,041 |
| Inventories | 511 | 461 | 125 | 102 |
| Accounts payable | 1,644 | 1,500 | 1,680 | 970 |
| Contract liabilities | 38 | -360 | -420 | -139 |
| Income taxes | -100 | 251 | 339 | 66 |
| Qualified defined benefit pension plans | 334 | 223 | 111 | -2 |
| Other, net | 208 | 521 | 918 | -155 |
| Net cash provided by operating activities | 5,338 | 1,610 | 1,409 | 5,949 |
| Capital expenditures | 1,186 | 805 | 454 | 1,103 |
| Other, net | 278 | 340 | -24 | -149 |
| Net cash (used for) investing activities | -1,464 | -1,145 | -430 | -954 |
| Issuance of long-term debt, net of related costs | 1,985 | 0 | 0 | 1,980 |
| Repayments of long-term debt | 142 | 142 | - | 168 |
| Proceeds from commercial paper, net | - | 1,449 | - | - |
| Repurchases of common stock | 2,250 | 1,250 | 750 | 2,700 |
| Dividends paid | 2,332 | 1,567 | 796 | 2,281 |
| Other, net | -148 | -145 | -113 | -117 |
| Net cash (used for) financing activities | -2,887 | -1,655 | -1,659 | -3,286 |
| Net change in cash and cash equivalents | 987 | -1,190 | -680 | 1,709 |
| Cash and cash equivalents at beginning of period | 2,483 | 2,483 | 2,483 | 1,442 |
| Cash and cash equivalents at end of period | 3,470 | 1,293 | 1,803 | 3,151 |
LOCKHEED MARTIN CORP (LMT)
LOCKHEED MARTIN CORP (LMT)