Lockheed Martin 2005 Annual Report Download - page 47

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   
Lockheed฀Martin฀Corporation
CONSOLIDATED฀BALANCE฀SHEET
December฀31,
(In฀millions)  2004

Current฀assets
฀ Cash฀and฀cash฀equivalents  $฀฀1,060
฀ Short-term฀investments  396
฀ Receivables  4,094
฀ Inventories  1,864
฀ Deferred฀income฀taxes  982
฀ Other฀current฀assets  557
฀ ฀ Total฀current฀assets  8,953
Property,฀plant฀and฀equipment,฀net  3,599
Investments฀in฀equity฀securities  812
Goodwill  7,892
Purchased฀intangibles,฀net  672
Prepaid฀pension฀asset  1,030
Other฀assets  2,596
 $25,554

Current฀liabilities
฀ Accounts฀payable  $฀฀1,726
฀ Customer฀advances฀and฀amounts฀in฀excess฀of฀costs฀incurred  4,028
฀ Salaries,฀benefits฀and฀payroll฀taxes  1,346
฀ Current฀maturities฀of฀long-term฀debt  15
฀ Other฀current฀liabilities  1,451
฀ ฀ Total฀current฀liabilities  8,566
Long-term฀debt  5,104
Accrued฀pension฀liabilities  1,660
Other฀postretirement฀benefit฀liabilities  1,236
Other฀liabilities  1,967
Stockholders’฀equity
฀ Common฀stock,฀$1฀par฀value฀per฀share  438
฀ Additional฀paid-in฀capital  2,223
฀ Retained฀earnings  5,915
฀ Accumulated฀other฀comprehensive฀loss  (1,532)
฀ Other  (23)
฀ ฀ Total฀stockholders’฀equity  7,021
 $25,554
See฀accompanying฀Notes฀to฀Consolidated฀Financial฀Statements.