Stock Analysis on Net

General Dynamics Corp. (NYSE:GD)

This company has been moved to the archive! The financial data has not been updated since October 28, 2020.

Balance Sheet: Assets 

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

General Dynamics Corp., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Cash and equivalents 902 963 2,983 2,334 2,785
Accounts receivable 3,544 3,759 3,617 3,611 3,446
Unbilled receivables 7,857 6,576 5,240 5,282 4,357
Inventories 6,306 5,977 5,303 3,523 3,366
Other current assets 1,171 914 1,185 697 617
Current assets 19,780 18,189 18,328 15,447 14,571
Property, plant and equipment, net 4,475 4,348 3,517 3,467 3,466
Intangible assets, net 2,315 2,585 702 678 763
Goodwill 19,677 19,594 11,914 11,445 11,443
Other assets 2,594 692 585 1,835 1,754
Noncurrent assets 29,061 27,219 16,718 17,425 17,426
Total assets 48,841 45,408 35,046 32,872 31,997

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. General Dynamics Corp. current assets decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. General Dynamics Corp. property, plant and equipment, net increased from 2017 to 2018 and from 2018 to 2019.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. General Dynamics Corp. noncurrent assets increased from 2017 to 2018 and from 2018 to 2019.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. General Dynamics Corp. total assets increased from 2017 to 2018 and from 2018 to 2019.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. General Dynamics Corp. cash and equivalents decreased from 2017 to 2018 and from 2018 to 2019.
Accounts receivable Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. General Dynamics Corp. accounts receivable increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. General Dynamics Corp. inventories increased from 2017 to 2018 and from 2018 to 2019.