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Analysis of Inventory
Lockheed Martin Corp., balance sheet: inventory
US$ in millions
|Dec 31, 2020||Dec 31, 2019||Dec 31, 2018||Dec 31, 2017||Dec 31, 2016|
|Materials, spares and supplies|
|Less: Customer advances and progress payments|
|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.’s inventories, net increased from 2018 to 2019 but then slightly decreased from 2019 to 2020.|