1995 Annual Report - Lockheed Martin

Lockheed Martin CorporationC o n s o l i d a t e d F i n a n c i a l D a t aS i x Y e a r S u m m a r y(In millions, except per share data)Operating ResultsNet salesCosts and expensesEarnings from operationsOther income and expenses, netInterest expenseEarnings before income taxes and cumulativeeffect of changes in accountingIncome tax expenseEarnings before cumulative effect ofchanges in accountingCumulative effect of changes in accountingNet earnings (loss)Per Common ShareAssuming no dilution:Before cumulative effect of changesin accountingCumulative effect of changes in accountingAssuming full dilution:Before cumulative effect of changesin accountingCumulative effect of changes in accountingCash DividendsCondensed Balance Sheet DataCurrent assetsProperty, plant and equipmentIntangible assets related to contractsand programs acquiredCost in excess of net assets acquiredOther assetsTotalCurrent liabilities—otherCurrent maturities of long-term debtLong-term debtPost-retirement benefit liabilitiesOther liabilitiesStockholders' equityTotal1995$22,85321,5711,282951,3772881,089407682$ 682$$$$$3.283.283.053.051.34$ 8,1773,1651,8082,8171,681$17,648$ 4,5697223,0101,7781,1366,433$17,6481994$22,90621,1271,7792001,9793041,6756201,055(37)$ 1,018$ 8,1433,4551,9712,8311,649$18,049$ 5,3502853,5941,7569786,086$18,0491993$22,39720,8571,540441,5842781,306477829$ 829$ 6,9613,6432,1272,6971,680$17,108$ 4,8453464,0261,7199715,201$17,1081992$16,03014,8911,139421,1811771,004355649(1,010)$ (361)$ 5,1573,139428411,648$10,827$ 3,1763271,8031,5794603,482$10,8271991$15,87114,7671,104(49)1,055176879261618$ 618$ 5,5533,15552864895$10,519$ 3,8332981,997541124,225$10,5191990$16,08915,17891134945180765161604$ 604$ 5,4423,20059882883$10,466$ 4,235302,392—383,771$10,466Common Shares Outstanding at Year End 198.6 199.1 197.9 194.1 201.4 200.7$$$$$5.32(.20)5.124.83(.17)4.661.14$$$$$3.993.993.753.751.09$$$$$3.31(5.15)(1.84)3.31(5.15)(1.84)1.04$$$$$3.053.053.053.05.98$$$$$2.972.972.972.97.90