Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Lockheed Martin Corp., consolidated statement of comprehensive income

US$ in millions

12 months ended:	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net earnings	6,920)	5,732)	6,315)	6,833)	6,230)
Net actuarial gain (loss) recognized due to plan remeasurements, net of tax	(689)	1,873)	3,404)	(1,067)	(2,182)
Amortization of actuarial losses and prior service credits, net of tax	(149)	69)	477)	440)	908)
Pension settlement charge, net of tax	—)	1,156)	1,310)	—)	—)
Postretirement benefit plans	(838)	3,098)	5,191)	(627)	(1,274)
Other, net, net of tax	58)	(115)	(76)	60)	41)
Other comprehensive income (loss), net of tax	(780)	2,983)	5,115)	(567)	(1,233)
Comprehensive income	6,140)	8,715)	11,430)	6,266)	4,997)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

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Comprehensive income item	Description	The company
Net earnings	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Lockheed Martin Corp. net earnings decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Comprehensive income	Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners.	Lockheed Martin Corp. comprehensive income decreased from 2021 to 2022 and from 2022 to 2023.

Lockheed Martin Corp. (NYSE:LMT)

Statement of Comprehensive Income