Lockheed Martin 2010 Annual Report Download - page 59
Download and view the complete annual report
Please find page 59 of the 2010 Lockheed Martin annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49 -
50 -
51 -
52 -
53 -
54 -
55 -
56 -
57 -
58 -
59 -
60 -
61 -
62 -
63 -
64 -
65 -
66 -
67 -
68 -
69 -
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
 |
 |
51
Lockheed Martin Corporation
Consolidated Statements of Stockholders’ Equity
(In millions, except per share data)
Common
Stock
Additional
Paid-In
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Loss
Total
Stockholders’
Equity
Compre-
hensive
Income
(Loss)
Balance at December 31, 2007
$ 409
$ —
$ 11,247
$ (1,851)
$ 9,805
Net earnings
—
—
3,217
—
3,217
$ 3,217
Repurchases of common stock
(29)
(796)
(2,106)
—
(2,931)
—
Common stock dividends declared
($1.83 per share)
—
—
(737)
—
(737)
—
Stock-based awards and ESOP activity
8
738
—
—
746
—
Conversion of debentures
5
58
—
—
63
—
Other comprehensive income (loss):
Postretirement benefit plans:
Unrecognized amounts in 2008,
net of tax benefit of $4,011
million
—
—
—
(7,299)
(7,299)
(7,299)
Reclassification adjustment for
recognition of prior period
amounts, net of tax of $25
million
—
—
—
46
46
46
Other, net
—
—
—
(45)
(45)
(45)
Balance at December 31, 2008
393
—
11,621
(9,149)
2,865
$ (4,081)
Net earnings
—
—
3,024
—
3,024
$ 3,024
Repurchases of common stock
(25)
(440)
(1,386)
—
(1,851)
—
Common stock dividends declared
($2.34 per share)
—
—
(908)
—
(908)
—
Stock-based awards and ESOP activity
5
440
—
—
445
—
Other comprehensive income (loss):
Postretirement benefit plans:
Unrecognized amounts in 2009,
net of tax of $121 million
—
—
—
214
214
214
Reclassification adjustment for
recognition of prior period
amounts, net of tax of $158
million
—
—
—
281
281
281
Other, net
—
—
—
59
59
59
Balance at December 31, 2009
373
—
12,351
(8,595)
4,129
$ 3,578
Net earnings
—
—
2,926
—
2,926
$ 2,926
Repurchases of common stock
(33)
(514)
(1,936)
—
(2,483)
—
Common stock dividends declared
($2.64 per share)
—
—
(969)
—
(969)
—
Stock-based awards and ESOP
activity
6
514
—
—
520
—
Other comprehensive income (loss):
Postretirement benefit plans:
Unrecognized amounts in
2010, net of tax benefit of
$531 million
—
—
—
(983)
(983)
(983)
Reclassification adjustment
for recognition of prior
period amounts, net of tax
of $304 million
—
—
—
553
553
553
Other, net
—
—
—
15
15
15
Balance at December 31, 2010
$ 346
$ —
$ 12,372
$ (9,010)
$ 3,708
$ 2,511
See accompanying Notes to Consolidated Financial Statements.