Lockheed martin corporation (LMT)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09
Operating activities
Net Income (Loss) Attributable to Parent

1,717

1,498

1,608

1,420

1,704

1,253

1,473

1,163

1,157

-744

963

955

789

859

2,395

1,021

898

933

865

929

878

904

888

889

933

488

873

859

761

569

727

781

668

683

700

742

530

961

560

824

533

776

797

734

666

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

301

322

302

288

277

304

291

287

279

315

299

296

285

327

295

297

296

300

236

246

244

268

247

242

237

286

232

240

232

277

247

233

231

269

247

246

246

513

188

179

172

470

188

181

175

Amortization of purchased intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

22

27

-

27

27

27

Stock-based compensation

42

31

54

67

37

25

50

60

38

25

32

57

44

25

27

53

44

20

29

49

40

36

31

49

48

39

38

59

53

38

42

46

41

41

37

40

39

68

18

41

41

-

-

42

30

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98

320

-87

121

-

-

-

-

Severance charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

99

-

-

-

-

-

-

-

-

171

0

0

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on property sale

0

0

0

0

51

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities
Receivables, net

555

-47

-162

-287

389

28

-66

109

108

68

215

-180

799

-2,135

323

656

558

-605

-322

522

661

-259

-367

175

423

-1,077

66

-140

384

95

-140

-149

654

-490

-8

-39

900

-486

-53

-73

609

-35

-92

33

779

Increase (Decrease) in Contract with Customer, Asset

1,100

-1,878

584

-109

1,025

-297

488

-124

1,413

-618

58

108

62

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

-80

145

-125

314

288

-53

12

-158

318

13

28

-187

225

-408

2

-77

310

39

205

-51

205

-11

241

-278

-29

78

25

0

-43

35

349

142

-104

649

-427

-55

-93

267

-259

-103

302

130

208

-68

-33

Accounts payable

1,894

-1,622

287

-507

744

-323

13

-66

1,290

-1,418

289

-171

1,111

-1,221

227

55

751

-797

184

78

375

-501

39

12

545

-528

-124

-78

83

-150

-177

-25

116

-98

115

-153

745

-718

112

25

217

-210

71

-2

120

Contract liabilities

151

277

11

-30

305

2

76

-137

-478

845

-104

-203

-185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer advances and amounts in excess of costs incurred

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-182

385

-146

389

-210

31

-242

-114

-298

-8

-152

-1

-37

-22

-98

60

108

140

-251

844

-493

193

-42

680

-117

-178

321

146

131

-107

326

Postretirement benefit plans

-39

-747

276

274

278

361

-1,145

-1,645

-1,145

304

327

340

345

241

272

269

246

200

288

288

292

-784

-221

-195

320

-355

-256

-257

493

-2,212

467

-130

-8

-527

-488

149

473

-683

-710

-11

377

-

-

-

-

Income taxes

167

-34

-229

-131

243

348

-199

-136

1,064

-1,008

-205

-172

175

109

-200

12

225

-174

-345

76

395

81

-41

-273

584

-326

121

-293

862

-583

153

-216

111

297

-189

-290

486

-91

-427

20

568

-

-

-

-

Other, net

349

269

-510

-205

172

-169

-236

-133

-266

521

-454

-183

-188

528

-149

40

-122

-305

-318

-37

159

79

-219

-158

21

25

-144

25

-10

139

-192

-9

-100

340

-229

135

-49

430

-54

-214

-183

1,187

-289

-239

-620

Net cash provided by operating activities

2,314

1,490

2,490

1,668

1,663

2,217

361

-72

632

1,512

1,754

1,544

1,666

729

1,320

1,473

1,667

1,364

1,517

1,263

957

-201

990

977

2,100

938

900

623

2,085

-1,315

1,573

845

458

1,089

551

894

1,719

414

513

1,225

1,649

-291

1,424

1,136

1,218

Investing activities
Capital expenditures

293

643

308

249

284

459

339

264

216

507

222

278

170

436

241

235

151

439

191

191

118

389

203

150

103

345

209

176

106

428

208

175

131

418

241

198

130

680

171

131

92

371

182

167

132

Acquisitions of businesses and investments in affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

233

31

156

Proceeds from short-term investment transactions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

107

-

-

-

-

Other, net

2

-205

-13

2

-27

-57

5

-21

-130

-15

-6

-5

-4

-2

-17

-55

-4

-119

2

-65

-26

-6

-15

-22

23

-11

33

-48

42

-8

-8

-26

18

-43

-34

-204

-32

-74

2

27

23

-37

-25

10

4

Net cash used for investing activities

-295

-438

-295

-251

-257

-402

-344

-243

-86

-492

-216

-273

-166

-434

-224

-180

-147

-9,323

-193

-126

-92

-659

-638

-300

-126

-337

-445

-191

-148

-650

-229

-149

-149

-999

43

266

-98

294

-63

-796

-8

-553

-779

-208

-292

Financing activities
Dividends paid

693

719

621

622

638

575

569

570

586

609

522

525

544

530

484

501

533

505

462

467

498

474

421

421

444

428

370

371

371

373

326

326

327

325

246

258

266

269

229

233

238

240

219

222

227

Payments for Repurchase of Common Stock

756

490

210

219

281

674

216

310

300

500

500

500

500

816

278

501

501

707

823

937

604

224

446

124

1,106

229

607

465

461

282

285

181

242

148

1,004

999

314

854

319

731

516

489

393

470

499

Repayments of commercial paper, net

0

0

-1,200

800

-200

110

490

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

31

-

22

25

28

48

42

19

65

30

55

26

197

78

360

334

55

103

102

76

159

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,888

0

0

2,213

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuances of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43

-

12

21

24

-

25

7

16

Other, net

-96

-12

8

0

-68

-12

-6

-17

-128

-27

-27

21

-108

68

-30

-47

-152

25

17

-36

-1

11

-13

14

26

-66

-22

0

7

-12

15

19

37

-2

-49

-9

12

-

-

-

-

-

-

-

-

Net cash used for financing activities

-1,545

-2,077

-823

-1,241

-1,187

-1,940

-301

-897

-1,014

-1,100

-1,049

-1,035

-1,121

-1,353

530

-1,476

-1,158

5,749

-1,226

-1,421

1,175

-657

-825

-505

-1,327

-645

-639

-652

-770

-789

-494

-412

-373

-1,072

702

-1,249

-525

-1,102

-536

-990

-730

550

-600

-672

-710

Net change in cash and cash equivalents

474

-1,025

1,372

176

219

-125

-284

-1,212

-468

-80

489

236

379

-1,058

1,626

-183

362

-2,210

98

-284

2,040

-1,517

-473

172

647

-44

-184

-220

1,167

-2,754

850

284

-64

-982

1,296

-89

1,096

-395

-66

-566

897

-318

37

288

216

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

-5

-14

-

-

-

-