洛克希德马丁 2026年季度报告

PART I.FINANCIAL INFORMATION ITEM1.Financial Statements (Unaudited)Consolidated Statements of Earnings for the Quarters Ended March 29, 2026 and March 30,2025Consolidated Statements of Comprehensive Income for the Quarters Ended Ended March 29,2026 and March 30, 2025 Consolidated Balance Sheets as of March 29, 2026 and December31, 20255Consolidated Statements of Cash Flows for the Quarters Ended March 29, 2026 and March 30, PART II.OTHER INFORMATION ITEM1.Legal Proceedings37ITEM1A.Risk Factors37 Lockheed Martin CorporationConsolidated Statements of Earnings Lockheed Martin CorporationConsolidated Statements of Comprehensive Income Lockheed Martin CorporationConsolidated Statements of Equity NOTE 1-BASIS OF PRESENTATION We prepared these consolidated financial statements in accordance with U.S. generally accepted accountingprinciples (GAAP) for interim financial information, the instructions to Form 10-Q and Article 10 of U.S. Securities and In the opinion of management, these consolidated financial statements reflect all adjustments that are of a normalrecurring nature necessary for a fair presentation of our results of operations, financial condition, and cash flows for theinterim periods presented. The preparation of these consolidated financial statements requires us to make estimates andassumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. We basethese estimates on historical experience and on various other assumptions that we believe are reasonable under thecircumstances, the results of which form the basis for making judgments about the carrying amounts of assets andliabilities that are not readily apparent from other sources. Our actual results may differ materially from these estimates.Estimates inherent in the preparation of our consolidated financial statements include, but are not limited to, accounting for We close our books and records on the last Sunday of each interim calendar quarter, which was on March 29 for thefirst quarter of 2026 and March 30 for the first quarter of 2025, to align our financial closing with our business processes.The consolidated financial statements and tables of financial information included herein are labeled based on that The results of operations for the interim periods presented are not necessarily indicative of results to be expected forthe full year or future periods. Unless otherwise noted, we present all per share amounts cited in these consolidatedfinancial statements on a “per diluted share” basis. These consolidated financial statements should be read in conjunction NOTE 2- EARNINGS PER COMMON SHARE The weighted average number of shares outstanding used to compute earnings per common share were as follows(inmillions): We compute basic and diluted earnings per common share by dividing net earnings by the respective weightedaverage number of common shares outstanding for the periods presented. Our calculation of diluted earnings percommon share also includes the dilutive effects for the assumed vesting of outstanding restricted stock units (RSUs) andperformance stock units (PSUs) based on the treasury stock method. There were no significant anti-dilutive equity awards NOTE 3-INFORMATION ON BUSINESS SEGMENTS Our operations are organized into four business segments, which also comprise our reportable segments:Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. We generally organize our Segment results exclude intersegment transactions as these activities are eliminated in consolidation and are notconsidered in assessing the performance of each segment. As described below, segment operating profit also excludesother transactions that are not part of management’s evaluation of segment operating performance, which are included in“Unallocated items” to reconcile total segment operating profit to consolidated amounts. Business segment operating profit Unallocated Items Business segment operating profit excludes the FAS/CAS pension operating adjustment discussed below, a portion ofcorporate costs not considered allowable or allocable to contracts with the U.S. Government under the applicable U.S.Government Cost Accounting Standards (CAS) or Federal Acquisition Regulations (FAR), and other items not consideredpart of management’s evaluation of segment operating performance such as stock-based compensation expense, FAS/CAS Pension Operating Adjustment Our business segments’ results of operations include pension expense only as calculated under CAS, which we referto as CAS pension cost. We recover CAS pension cost through the pricing of our products and services on U.S.Government contracts and, therefore, recognize CAS pension cost in each of our business segments’ sales and operatingcosts and expenses. Our consolidated financial statements must present pension expense calculated in accordance withFinancial Accounting Standards (FAS) requirements under U