Stock Analysis on Net

General Dynamics Corp. (NYSE:GD)

This company has been moved to the archive! The financial data has not been updated since October 28, 2020.

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

General Dynamics Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Oct 4, 2015 Jul 5, 2015 Apr 5, 2015
Cash and equivalents 1,469 2,300 5,330 902 974 702 673 963 1,010 1,862 4,332 2,983 2,722 1,856 2,168 2,334 2,303 1,899 1,907 2,785 3,372 4,032 4,412
Accounts receivable 3,863 3,515 3,547 3,544 3,489 3,673 3,718 3,759 3,736 3,874 3,769 3,617 3,391 3,690 3,483 3,611 3,502 3,539 3,654 3,446 3,796 3,595 3,661
Unbilled receivables 8,143 7,715 7,938 7,857 8,077 7,554 7,367 6,576 7,564 7,125 5,865 5,240 5,609 5,045 4,557 5,282 5,213 4,996 4,705 4,357 4,215 4,273 4,444
Inventories 6,402 6,666 6,852 6,306 6,573 6,480 6,185 5,977 6,247 5,890 5,543 5,303 5,781 5,839 5,822 3,523 3,657 3,520 3,504 3,366 3,239 3,359 3,397
Other current assets 988 939 1,074 1,171 1,038 1,148 924 914 1,401 1,076 955 1,185 577 696 584 697 622 432 418 617 666 514 438
Current assets 20,865 21,135 24,741 19,780 20,151 19,557 18,867 18,189 19,958 19,827 20,464 18,328 18,080 17,126 16,614 15,447 15,297 14,386 14,188 14,571 15,288 15,773 16,352
Property, plant and equipment, net 4,863 4,721 4,537 4,475 4,217 4,091 4,054 4,348 4,244 4,179 3,533 3,517 3,461 3,424 3,412 3,467 3,445 3,440 3,477 3,466 3,370 3,329 3,323
Intangible assets, net 2,162 2,197 2,259 2,315 2,376 2,457 2,518 2,585 2,667 2,738 702 702 715 685 679 678 715 733 759 763 800 841 893
Goodwill 19,889 19,718 19,653 19,677 19,617 19,662 19,668 19,594 19,486 19,738 11,955 11,914 11,918 11,679 11,532 11,445 11,581 11,572 11,595 11,443 11,533 11,644 11,699
Other assets 2,479 2,451 2,520 2,594 2,427 2,307 2,359 692 608 670 565 585 740 879 974 1,835 1,630 1,638 1,683 1,754 1,989 2,067 2,118
Noncurrent assets 29,393 29,087 28,969 29,061 28,637 28,517 28,599 27,219 27,005 27,325 16,755 16,718 16,834 16,667 16,597 17,425 17,371 17,383 17,514 17,426 17,692 17,881 18,033
Total assets 50,258 50,222 53,710 48,841 48,788 48,074 47,466 45,408 46,963 47,152 37,219 35,046 34,914 33,793 33,211 32,872 32,668 31,769 31,702 31,997 32,980 33,654 34,385

Based on: 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-10-01), 10-Q (reporting date: 2017-07-02), 10-Q (reporting date: 2017-04-02), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-10-04), 10-Q (reporting date: 2015-07-05), 10-Q (reporting date: 2015-04-05).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. General Dynamics Corp. current assets decreased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. General Dynamics Corp. property, plant and equipment, net increased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. General Dynamics Corp. noncurrent assets increased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. General Dynamics Corp. total assets decreased from Q1 2020 to Q2 2020 but then slightly increased from Q2 2020 to Q3 2020.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. General Dynamics Corp. cash and equivalents decreased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Accounts receivable Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. General Dynamics Corp. accounts receivable decreased from Q1 2020 to Q2 2020 but then increased from Q2 2020 to Q3 2020 exceeding Q1 2020 level.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. General Dynamics Corp. inventories decreased from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.