Stock Analysis on Net

Lockheed Martin Corp. (NYSE:LMT)

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Lockheed Martin Corp., balance sheet: inventory

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Materials, spares and supplies 661 606 599 624 612
Work-in-process 2,617 2,338 2,297 2,163 2,693
Finished goods 196 188 192 194 240
Inventories, net 3,474 3,132 3,088 2,981 3,545

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Item Description The company
Inventories, net Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Lockheed Martin Corp. inventories, net increased from 2022 to 2023 and from 2023 to 2024.