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Lockheed Martin Annual Report 2020

Lockheed Martin Corporation2020 Annual ReportFINANCIAL HIGHLIGHTS In millions, except per share data202020192018 Net Sales$ 65,398 $ 59,812 $ 53,762 Segment Operating Profit 7,152 6,574 5,877 Consolidated Operating Profit 8,644 8,545 7,334 Net Earnings From Continuing Operations 6,888 6,230 5,046 Net Earnings 6,833 6,230 5,046 Diluted Earnings Per Common Share Continuing Operations Net Earnings Cash Dividends Per Common Share Average Diluted Common Shares Outstanding 281 284 287 Cash and Cash Equivalents$ 3,160 $ 1,514 $ 772 Total Assets 50,710 47,528 44,876 Total Debt, net 12,169 12,654 14,104 Total Equity 6,038 3,171 1,449 Common Shares Outstanding at Year-End 279 280 281 Net Cash Pro

We protected and prioritized the health and safety of our employees. We sustained our factory, research, and engineering operations on a continuous basis and continued hiring in communities across ... over 10 years, with the initial delivery valued at $4.9 billion for 90 F-16s for two international allies. In 2020, the F-16 backlog increased to ...

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