LMT · 10-Q · 2026Q2 · Full report

Liquidity and Debt Position

LOCKHEED MARTIN CORP · 2026-07-23 · Importance 49 · Surprise 32

Cash and cash equivalents totaled $3.791 billion at June 28, 2026, compared with $4.121 billion at the beginning of the year and $1.293 billion at June 29, 2025. Lockheed Martin had no borrowings under its revolving credit facilities or commercial paper program at June 28, 2026 or December 31, 2025. During the first six months of 2026, the company repaid $1.2 billion of long-term notes at scheduled maturity, compared with $142 million repaid in the prior-year period. Net cash used in financing increased to $2.895 billion from $1.655 billion, primarily because of higher debt repayments and the absence of prior-year commercial-paper proceeds.

Key facts

• Total consolidated cash and cash equivalents at June 28, 2026 were $3,791 million and were $4,121 million at beginning of year. source
• There were no borrowings outstanding under LOCKHEED MARTIN CORP's revolving credit facilities or commercial paper program at June 28, 2026 or December 31, 2025. source
• Consolidated interest expense was $266 million for the quarter ended June 28, 2026 and $535 million for the six months ended June 28, 2026. source