Lockheed martin corporation (LMT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Net sales
Total net sales

59,812

53,762

49,960

47,290

40,536

39,946

45,358

47,182

46,499

45,671

43,867

41,372

41,862

Cost of sales
Goodwill impairment charges

-

-

-

-

-

-

195

-

-

-

-

-

-

Total cost of sales

51,445

46,488

43,589

41,889

36,044

35,263

41,171

42,986

42,755

41,827

39,720

36,798

37,628

Restructuring Charges

0

96

0

80

82

-

201

48

136

220

-

-

-

Gross profit

8,367

7,274

6,371

5,401

4,492

4,683

4,187

4,196

3,744

3,844

4,147

4,574

4,234

Other income, net

178

60

373

487

220

329

318

238

276

261

220

475

293

Operating profit

8,545

7,334

6,744

5,888

4,712

5,012

4,505

4,434

4,020

4,105

4,367

5,049

4,527

Interest expense

653

668

651

663

443

340

350

383

354

345

308

332

352

Other non-operating income (expense), net

-651

-828

-847

-471

30

5

-

21

-35

18

123

-91

193

Earnings before income taxes

7,241

5,838

5,246

4,754

4,299

4,677

4,155

4,072

3,631

3,778

4,182

4,626

4,368

Income tax expense

1,011

792

3,356

1,093

1,173

1,424

1,205

1,327

964

1,164

1,215

1,459

1,335

Net earnings from continuing operations

6,230

5,046

1,890

3,661

3,126

3,253

2,950

2,745

2,667

2,614

2,967

3,167

-

Net earnings from discontinued operations

0

0

73

1,512

479

361

31

-

-12

264

6

50

-

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

Earnings Per Share [Abstract]
Basic
Continuing operations (in dollars per share)

22.09

17.74

6.56

12.23

10.07

10.27

9.19

8.48

7.94

7.18

7.71

7.92

-

Discontinued operations (in dollars per share)

0.00

0.00

0.26

5.05

1.55

1.14

0.10

-

-0.04

0.72

0.02

0.13

-

Basic (in dollars per share)

22.09

17.74

6.82

17.28

11.62

11.41

9.29

8.48

7.90

7.90

7.73

8.05

7.29

Diluted
Continuing operations (in dollars per share)

21.95

17.59

6.50

12.08

9.93

10.09

9.04

8.36

7.85

7.10

7.63

7.74

-

Discontinued operations (in dollars per share)

0.00

0.00

0.25

4.99

1.53

1.12

0.09

-

-0.04

0.71

0.01

0.12

-

Diluted (in dollars per share)

21.95

17.59

6.75

17.07

11.46

11.21

9.13

8.36

7.81

7.81

7.64

7.86

7.10

Products
Total net sales

50,053

45,005

42,502

40,081

34,868

34,984

35,691

37,817

36,925

36,380

35,689

34,091

35,267

Total cost of sales

44,589

40,293

38,417

36,394

31,091

30,983

31,346

33,495

32,968

32,539

31,643

30,220

31,479

Services
Total net sales

9,759

8,757

7,458

7,209

5,668

4,962

9,667

9,365

9,574

9,291

8,178

7,281

6,595

Total cost of sales

8,731

7,738

6,673

6,423

4,824

4,184

8,588

8,383

8,514

8,382

7,406

6,517

5,874

Other unallocated, net
Total cost of sales

-1,875

-1,639

-1,501

-1,008

47

96

841

1,060

1,137

686

671

61

275