Lockheed Martin Corp. (NYSE:LMT)

Name: Lockheed Martin Corp. (NYSE:LMT) | Analysis of Inventory
Creator: Stock Analysis on Net

Analysis of Inventory

Lockheed Martin Corp., balance sheet: inventory

US$ in millions

	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Materials, spares and supplies	606)	599)	624)	612)	532)
Work-in-process	2,338)	2,297)	2,163)	2,693)	2,783)
Finished goods	188)	192)	194)	240)	304)
Inventories, net	3,132)	3,088)	2,981)	3,545)	3,619)

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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 2021 to 2022 and from 2022 to 2023.