Lockheed martin corporation (LMT)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Operating activities
Net Income (Loss) Attributable to Parent

6,230

5,046

1,963

5,173

3,605

3,614

2,981

2,745

2,655

2,878

2,973

3,217

3,033

Adjustments to reconcile net earnings to net cash provided by operating activities
Depreciation and amortization

1,189

1,161

1,195

1,215

1,026

994

990

988

1,008

1,052

1,014

727

666

Amortization of purchased intangibles

-

-

-

-

-

-

-

-

-

-

-

118

153

Stock-based compensation

189

173

158

149

138

164

189

167

157

168

154

155

149

Deferred income taxes

222

-244

3,448

-193

-445

-401

-5

930

-2

452

567

72

110

Severance and restructuring charges

0

96

0

99

-

-

-

-

-

-

-

-

-

Goodwill impairment charges

-

-

-

-

-

119

195

-

-

-

-

-

-

Severance charges

-

-

-

-

102

-

201

48

136

220

-

-

-

Gain on property sale

51

0

198

0

0

-

-

-

-

-

-

-

-

Gain on divestiture of IS&GS business

0

0

73

1,201

0

-

-

-

-

-

-

-

-

Gain on step acquisition of AWE

-

-

-

104

0

-

-

-

-

-

-

-

-

Reduction in tax expense from resolution of certain tax matters

-

-

-

-

-

-

-

-

-89

-10

-69

-

-

Tax expense related to Medicare Part D reimbursement

-

-

-

-

-

-

-

-

-

96

-

-

-

Net adjustments related to discontinued operations

-

-

-

-

-

-

-

-

-

257

-

-

-

Voluntary executive separation and other charges (credits)

-

-

-

-

-

-

-

-

-

-

-

-193

-

Excess tax benefits on stock compensation

-

-

-

-

-

-

-

-

-

-

-

-

124

Contributions related to our qualified defined benefit plans

-

-

-

-

-

-

-

-

-

-

-

-

335

Changes in assets and liabilities
Receivables, net

-107

179

902

-598

256

-28

-767

460

363

-3

685

333

324

Increase (Decrease) in Contract with Customer, Asset

-378

1,480

-390

1,246

-

-

-

-

-

-

-

-

-

Inventories

622

119

79

-173

398

-77

60

422

74

207

237

183

57

Accounts payable

-1,098

914

-189

-188

-160

95

-647

-236

609

-364

-21

-141

-66

Contract liabilities

563

-537

353

-163

-

-

-

-

-

-

-

-

-

Customer advances and amounts in excess of costs incurred

-

-

-

-

-32

-572

-158

57

502

706

496

313

394

Postretirement benefit plans

81

-3,574

1,316

1,028

1,068

-880

-375

-1,883

-393

-1,027

-394

279

-

Income taxes

-151

1,077

-1,210

146

-48

351

364

-535

304

70

-272

87

-

Other, net

-274

-804

-304

297

-501

-277

-104

-162

197

-21

39

-303

-639

Net cash provided by operating activities

7,311

3,138

6,476

5,189

5,101

3,866

4,546

1,561

4,253

3,801

3,487

4,421

4,238

Investing activities
Capital expenditures

1,484

1,278

1,177

1,063

939

845

836

942

987

1,074

852

926

940

Acquisitions of businesses and investments in affiliates

-

-

-

-

9,003

898

269

259

624

148

435

233

337

Maturities of short-term investments

-

-

-

-

-

-

-

-

510

171

279

-272

-48

Net proceeds from sale of EIG

-

-

-

-

-

-

-

-

-

798

-

-

-

Expenditures for capitalized internal-use software

-

-

-

-

-

-

-

-

-

-

314

-

-

Other, net

-243

-203

-30

-78

-208

-20

16

-24

-313

-22

-48

20

-24

Net cash used for investing activities

-1,241

-1,075

-1,147

-985

-9,734

-1,723

-1,121

-1,177

-788

-573

-1,832

-907

-1,205

Financing activities
Excess tax benefits on stock compensation

-

-

-

-

-

-

-

-

-

-

-

-

124

Dividends paid

2,600

2,300

2,200

2,048

1,932

1,760

1,540

1,352

1,095

969

908

737

615

Payments for Repurchase of Common Stock

1,200

1,500

2,000

2,096

3,071

1,900

1,762

990

2,465

2,420

1,851

2,931

2,127

Repayments of commercial paper, net

-600

600

0

0

-

-

-

-

-

-

-

-

-

Proceeds From Divestiture Of Businesses, Financing Activities

-

-

-

1,800

0

-

-

-

-

-

-

-

-

Proceeds from stock option exercises

-

-

-

-

174

308

827

440

116

59

-

-

-

Repayments of long-term debt

900

750

0

952

0

-

150

-

632

-

242

1,103

32

Proceeds from the issuance of long-term debt

-

-

-

-

9,101

-

-

-

1,980

-

1,464

491

0

Proceeds from borrowings under revolving credit facilities

-

-

-

-

6,000

-

-

-

-

-

-

-

-

Repayments of borrowings under revolving credit facilities

-

-

-

-

6,000

-

-

-

-

-

-

-

-

Premium paid on debt exchange

-

-

-

-

-

-

-

225

-

-

-

-

-

Issuances of common stock

-

-

-

-

-

-

-

-

-

-

-

-

350

Other, net

-72

-163

-141

-161

5

38

-81

59

-48

-28

105

342

-

Net cash used for financing activities

-5,328

-4,152

-4,305

-3,457

4,277

-3,314

-2,706

-2,068

-2,144

-3,358

-1,432

-3,938

-2,300

Net change in cash and cash equivalents

742

-2,089

1,024

747

-356

-1,171

719

-1,684

1,321

-130

223

-480

736

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-56

3