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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 .

from land and sea to air, space, and cyber. Our team produced integrated solutions in the areas of long-range precision fires, air and missile defense, satellites, electronic warfare, and rotary- and fixed-wing aircraft. To stay ahead of evolving threats, Lockheed Martin is partnering with our customers to unleash the full potential

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