Lockheed Martin 2013 Annual Report Download - page 2

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2013 FINANCIAL HIGHLIGHTS
(In millions, except per share data) 2013 2012 2011
Net Sales $45,358 $47,182 $46,499
Segment Operating Profit 5,752 5,583 5,281
Consolidated Operating Profit 4,505 4,434 4,020
Net Earnings From Continuing Operations 2,950 2,745 2,667
Net Earnings 2,981 2,745 2,655
Diluted Earnings Per Common Share
Continuing Operations 9.04 8.36 7.85
Net Earnings 9.13 8.36 7.81
Cash Dividends Per Common Share 4.78 4.15 3.25
Average Diluted Common Shares Outstanding 327 328 340
Cash and Cash Equivalents $ 2,617 $ 1,898 $ 3,582
Total Assets 36,188 38,657 37,908
Total Debt 6,152 6,308 6,460
Stockholders’ Equity 4,918 39 1,001
Common Shares Outstanding at Year-End 319 321 321
Net Cash Provided by Operating Activities $ 4,546 $ 1,561 $ 4,253
NOTE: For additional information regarding the amounts presented above, including the reconciliation of Segment Operating
Profit to Consolidated Operating Profit, refer to Item 7. Management’s Discussion and Analysis of Financial Condition and
Results of Operations, and Item 8. Financial Statements and Supplementary Data in this Annual Report.
On the Cover: MAVEN to Unlock the Mysteries of Mars
The Mars Atmosphere Volatile EvolutioN, or MAVEN, spacecraft will be the first to survey the upper atmosphere of Mars
with a goal of understanding how the Red Planet’s atmosphere and climate changed over time. MAVEN’s findings will help
scientists determine when and for how long liquid water could have been stable on the surface – a key indicator of whether
Mars ever harbored life. MAVEN launched November 18, 2013 aboard an Atlas V rocket, and is scheduled to arrive at Mars
on September 22, 2014.