Lockheed Martin (Lockheed Martin) Change In Working Capital

: $-194 Mil (TTM As of Dec. 2023)

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Lockheed Martin's change in working capital for the quarter that ended in Dec. 2023 was $119 Mil.

Lockheed Martin's change in working capital for the fiscal year that ended in Dec. 2023 was $-194 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Lockheed Martin Change In Working Capital Historical Data

The historical data trend for Lockheed Martin's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lockheed Martin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

-823.00

82.00

-213.00

-997.00

-194.00

Lockheed Martin Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Working Capital																-489.00	147.00	-1,122.00	662.00	119.00

Lockheed Martin Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-194 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows	Fiscal Years Ended	January 31,	(Amounts in millions)
Cash flows from operating activities:	2014	2013	2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net	(566)	(614)	(796)
Inventories	(1,667)	(2,759)	(3,727)
Accounts payable	531	1,061	2,687
Accrued liabilities	103	271	(935)
Accrued income taxes	(1,224)	981	994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

Lockheed Martin Change In Working Capital Related Terms

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Lockheed Martin (Lockheed Martin) Business Description

Industry

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Traded in Other Exchanges

LMT:Mexico 1LMT:Italy LOM:Germany LOM:Germany LOM:Germany LMTB34:Brazil LMT:Austria LMT:Argentina

Address

6801 Rockledge Drive, Bethesda, MD, USA, 20817

Website

https://www.lockheedmartin.com

Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.

Executives

John Donovan	director	208 S. AKARD ST. , ROOM 3025, DALLAS TX 75202
Stephanie C. Hill	officer: Executive Vice President	55 WATER STREET, NEW YORK NY 10041
Timothy S Cahill	officer: Executive Vice President	6802 ROCKLEDGE DRIVE, BETHESDA MD 20817
St John Frank A	officer: Executive Vice President	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Gregory M Ulmer	officer: Acting Executive Vice Pres.	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Vincent R. Stewart	director	C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
Paul Harry Edward Iii	officer: Vice President & Controller	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Evan T Scott	officer: Vice President & Treasurer	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
John W Mollard	officer: Vice President & Treasurer	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Brian P Colan	officer: VP & Controller	6801 ROCKLEDGE DR, BETHESDA MD 20817
Maryanne Lavan	officer: SVP & General Counsel	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Jesus Jr Malave	officer: Chief Financial Officer	L3HARRIS TECHNOLOGIES INC, 1025 WEST NASA BOULEVARD, MELBOURNE FL 32919
Lightfoot Robert M Jr	officer: Executive Vice President	6801 ROCKLEDGE DR, BETHESDA MD 20817
Patricia E Yarrington	director	6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Kenneth R Possenriede	officer: Vice President & Treasurer	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817