LMT : NYSE
Industry: Aerospace

Balance Sheet
2008
12/31/08
2007
12/31/07
2006
12/31/06
2005
12/31/05
Cash2,1682,6481,9122,244
Short Term Investments61333381429
ASSETS
Cash & Short Term Investments2,2292,9812,2932,673
Receivables - Net5,2964,9254,5954,579
Work in Progress4,6314,0393,8575,121
Progress Payments Other(2,729)(2,321)(2,200)(3,200)
Inventories - Total1,9021,7181,6571,921
Prepaid Expenses--------
Other Current Assets1,2561,3161,6197,880
CURRENT ASSETS - TOTAL10,68310,94010,16410,529
Land109112121112
Buildings4,7564,5744,2583,828
Machinery & Equipment6,0345,6195,2505,384
Property, Plant and Equipment - Gross10,89910,3059,6299,324
Accumulated Depreciation(6,411)(5,985)(5,573)(5,400)
Property, Plant and Equipment - Net4,4884,3204,0563,924
Investments in Associated Companies------196
Deferred Charges1223132351,425
Other Tangible Assets3,6142,7432,4342,108
Total Intangible Other Assets - Net9,8819,8509,8559,007
Other Assets - Total18,26813,66614,01113,825
TOTAL ASSETS28,78828,16626,74427,189
LIABILITIES
Accounts Payable2,0302,1632,2211,998
Short Term Debt & Current Portion of Long Term Debt24210434202
Accrued Payroll1,6841,5441,5841,475
Income Taxes Payable2774124371
Other Current Liabilities6,3096,0195,4719,242
CURRENT LIABILITIES - TOTAL10,5429,8719,5539,428
Long Term Debt3,5634,3034,4054,784
Provision for Risks and Charges13,3902,1204,521--
Deferred Taxes - Debit4,6517601,487555
DEFERRED TAXES(4,651)(760)(1,487)(555)
Other Liabilities3,0792,8272,8682,291
TOTAL LIABILITIES25,92318,36119,86019,322
EQUITY
Non-Equity Reserves000--
Minority Interest0000
Preferred Stock0000
Common Stock393409421432
Capital Surplus----7551,724
Other Appropriated Reserves(9,149)(1,851)(3,512)(1,643)
Retained Earnings11,62111,2479,2697,278
Unrealized Gain/Loss on Marketable Securities----(49)76
COMMON EQUITY2,8659,8056,8847,867
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY28,78828,16626,74427,715
SHARE INFORMATION
Common Shares Outstanding393408422437
2009 Q3
9/27/09
2009 Q2
6/28/09
2009 Q1
3/29/09
2008 Q4
12/31/08
2008 Q3
9/28/08
Cash------2,168--
ASSETS
Cash & Short Term Investments2,7452,7092,3842,2292,534
Receivables - Net6,0676,1316,0975,2965,391
Inventories - Total2,0791,8521,9211,9021,736
Prepaid Expenses----------
Other Current Assets1,5521,2211,2691,2561,049
CURRENT ASSETS - TOTAL12,44311,91311,67110,68310,710
Property, Plant and Equipment - Gross------10,899--
Accumulated Depreciation------(6,411)--
Property, Plant and Equipment - Net4,4304,4414,4434,4884,294
Total Intangible Other Assets - Net10,28210,06410,0359,8819,950
Other Assets - Total18,86918,43418,41918,26814,353
TOTAL ASSETS31,14630,24629,88928,78828,420
LIABILITIES
Accounts Payable2,2452,1622,1652,0302,030
Short Term Debt & Current Portion of Long Term Debt2422422422421
Income Taxes Payable------277--
Other Current Liabilities9,0968,8838,9587,9938,502
CURRENT LIABILITIES - TOTAL11,58311,28711,36510,54210,533
Long Term Debt3,5633,5633,5633,5633,804
Deferred Taxes - Debit4,5964,5424,6444,651937
DEFERRED TAXES(4,596)(4,542)(4,644)(4,651)(937)
Other Liabilities17,45617,11816,78616,4695,212
TOTAL LIABILITIES28,00627,42627,07025,92318,612
EQUITY
Non-Equity Reserves00000
Minority Interest00000
Preferred Stock00000
Common Stock378382386393398
Retained Earnings11,88111,54711,58311,62111,243
COMMON EQUITY3,1402,8202,8192,8659,808
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY31,14630,24629,88928,78828,420
SHARE INFORMATION
Common Shares Outstanding381384389393401
() = Negative Values
Values are displayed in Millions except for earnings per share and where noted