Paying users zone. Data is hidden behind: .
Get 1-month access to Northrop Grumman Corp. for $13.99, or
get full access to the entire website for at least 3 months from $49.99.
We accept:
This is a one-time payment. There is no automatic renewal.
Northrop Grumman Corp. pages available today for free:
Balance Sheet: Assets
The balance sheet provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s assets as well as an indication of cash flows that may come from receivables and inventories.
Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.
Northrop Grumman Corp., consolidated balance sheet: assets
US$ in millions
Based on: 10-K (filing date: 2021-01-28), 10-K (filing date: 2020-01-30), 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-01-29), 10-K (filing date: 2017-01-30).
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. | Northrop Grumman Corp.’s current assets increased from 2018 to 2019 and from 2019 to 2020. |
| Property, plant and equipment, net of accumulated depreciation | 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. | Northrop Grumman Corp.’s property, plant and equipment, net of accumulated depreciation increased from 2018 to 2019 and from 2019 to 2020. |
| Non-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 after one year or beyond the normal operating cycle, if longer. | Northrop Grumman Corp.’s non-current assets increased from 2018 to 2019 but then slightly decreased from 2019 to 2020 not reaching 2018 level. |
| 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. | Northrop Grumman Corp.’s total assets increased from 2018 to 2019 and from 2019 to 2020. |
Current Assets: Selected Items
| Balance sheet item | Description | The company |
|---|---|---|
| Cash and cash 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. | Northrop Grumman Corp.’s cash and cash equivalents increased from 2018 to 2019 and from 2019 to 2020. |
| Accounts receivable, net | 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. | Northrop Grumman Corp.’s accounts receivable, net decreased from 2018 to 2019 but then increased from 2019 to 2020 exceeding 2018 level. |
| Inventoried costs, net | Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. | Northrop Grumman Corp.’s inventoried costs, net increased from 2018 to 2019 but then slightly decreased from 2019 to 2020. |