Transcription of Lockheed Martin Annual Report 2020
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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 Provided by Operating Activities$ 8,183 $ 7,311 $ 3,138 NOTE: For additional information regarding the amounts presented above, see the Form 10-K portion of this Annual Report .
take-offs from all nine deck spots during tests to evaluate the performance of the aircraft at sea. In May, our Spectrum Convergence team signed a contract for the U.S. Army’s Terrestrial Layer System-Large program, the service’s first integrated signals intelligence, electronic warfare, and cyber platform. As one of two companies
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