Lockheed Martin

At a glance

Buybacks

62.1%^r!Buybacks as a share of free cash flowSEC EDGAR · CIK 00009364680001193125-10-040520 · FY2009 · period ended 2009-12-31 · filed 2010-02-25NetCashProvidedByUsedInOperatingActivities0001193125-10-040520 · FY2009 · period ended 2009-12-31 · filed 2010-02-25PaymentsForRepurchaseOfCommonStock0001193125-10-040520 · FY2009 · period ended 2009-12-31 · filed 2010-02-25PaymentsToAcquirePropertyPlantAndEquipment0001193125-11-045739 · FY2010 · period ended 2010-12-31 · filed 2011-02-25NetCashProvidedByUsedInOperatingActivities0001193125-11-045739 · FY2010 · period ended 2010-12-31 · filed 2011-02-25PaymentsForRepurchaseOfCommonStock0001193125-11-045739 · FY2010 · period ended 2010-12-31 · filed 2011-02-25PaymentsToAcquirePropertyPlantAndEquipment0001193125-12-074929 · FY2011 · period ended 2011-12-31 · filed 2012-02-23NetCashProvidedByUsedInOperatingActivities0001193125-12-074929 · FY2011 · period ended 2011-12-31 · filed 2012-02-23PaymentsForRepurchaseOfCommonStock0001193125-12-074929 · FY2011 · period ended 2011-12-31 · filed 2012-02-23PaymentsToAcquirePropertyPlantAndEquipment0001193125-13-082873 · FY2012 · period ended 2012-12-31 · filed 2013-02-28NetCashProvidedByUsedInOperatingActivities0001193125-13-082873 · FY2012 · period ended 2012-12-31 · filed 2013-02-28PaymentsForRepurchaseOfCommonStock0001193125-13-082873 · FY2012 · period ended 2012-12-31 · filed 2013-02-28PaymentsToAcquirePropertyPlantAndEquipment0001193125-14-055034 · FY2013 · period ended 2013-12-31 · filed 2014-02-14NetCashProvidedByUsedInOperatingActivities0001193125-14-055034 · FY2013 · period ended 2013-12-31 · filed 2014-02-14PaymentsForRepurchaseOfCommonStock0001193125-14-055034 · FY2013 · period ended 2013-12-31 · filed 2014-02-14PaymentsToAcquireProductiveAssets0001193125-15-038681 · FY2014 · period ended 2014-12-31 · filed 2015-02-09NetCashProvidedByUsedInOperatingActivities0001193125-15-038681 · FY2014 · period ended 2014-12-31 · filed 2015-02-09PaymentsForRepurchaseOfCommonStock0001193125-15-038681 · FY2014 · period ended 2014-12-31 · filed 2015-02-09PaymentsToAcquireProductiveAssets0001193125-16-476010 · FY2015 · period ended 2015-12-31 · filed 2016-02-24NetCashProvidedByUsedInOperatingActivities0001193125-16-476010 · FY2015 · period ended 2015-12-31 · filed 2016-02-24PaymentsForRepurchaseOfCommonStock0001193125-16-476010 · FY2015 · period ended 2015-12-31 · filed 2016-02-24PaymentsToAcquireProductiveAssets0001193125-17-036192 · FY2016 · period ended 2016-12-31 · filed 2017-02-09NetCashProvidedByUsedInOperatingActivities0001193125-17-036192 · FY2016 · period ended 2016-12-31 · filed 2017-02-09PaymentsForRepurchaseOfCommonStock0001193125-17-036192 · FY2016 · period ended 2016-12-31 · filed 2017-02-09PaymentsToAcquireProductiveAssets0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06NetCashProvidedByUsedInOperatingActivities0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06PaymentsForRepurchaseOfCommonStock0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06PaymentsToAcquireProductiveAssets0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08NetCashProvidedByUsedInOperatingActivities0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08PaymentsForRepurchaseOfCommonStock0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08PaymentsToAcquireProductiveAssets0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07NetCashProvidedByUsedInOperatingActivities0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07PaymentsForRepurchaseOfCommonStock0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07PaymentsToAcquireProductiveAssets0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28NetCashProvidedByUsedInOperatingActivities0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28PaymentsForRepurchaseOfCommonStock0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28PaymentsToAcquireProductiveAssets0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25NetCashProvidedByUsedInOperatingActivities0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25PaymentsForRepurchaseOfCommonStock0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25PaymentsToAcquireProductiveAssets0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26NetCashProvidedByUsedInOperatingActivities0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26PaymentsForRepurchaseOfCommonStock0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26PaymentsToAcquireProductiveAssets0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23NetCashProvidedByUsedInOperatingActivities0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23PaymentsForRepurchaseOfCommonStock0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23PaymentsToAcquireProductiveAssets0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28NetCashProvidedByUsedInOperatingActivities0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28PaymentsForRepurchaseOfCommonStock0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28PaymentsToAcquireProductiveAssets0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29NetCashProvidedByUsedInOperatingActivities0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29PaymentsForRepurchaseOfCommonStock0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29PaymentsToAcquireProductiveAssetsr: a later 10-K shows a different figure for NetCashProvidedByUsedInOperatingActivities FY2009; NetCashProvidedByUsedInOperatingActivities FY2010; PaymentsToAcquirePropertyPlantAndEquipment FY2010; PaymentsToAcquirePropertyPlantAndEquipment FY2011. As filed is shown.!: tags disagree and the disagreement is unresolved (PaymentsToAcquirePropertyPlantAndEquipment FY2009; PaymentsToAcquirePropertyPlantAndEquipment FY2010; PaymentsToAcquirePropertyPlantAndEquipment FY2011).

Share of free cash flow, fiscal 2009–2025

Details and every year

Dividends

48.3%^r!Dividends as a share of free cash flowSEC EDGAR · CIK 00009364680001193125-10-040520 · FY2009 · period ended 2009-12-31 · filed 2010-02-25NetCashProvidedByUsedInOperatingActivities0001193125-10-040520 · FY2009 · period ended 2009-12-31 · filed 2010-02-25PaymentsOfDividendsCommonStock0001193125-10-040520 · FY2009 · period ended 2009-12-31 · filed 2010-02-25PaymentsToAcquirePropertyPlantAndEquipment0001193125-11-045739 · FY2010 · period ended 2010-12-31 · filed 2011-02-25NetCashProvidedByUsedInOperatingActivities0001193125-11-045739 · FY2010 · period ended 2010-12-31 · filed 2011-02-25PaymentsOfDividendsCommonStock0001193125-11-045739 · FY2010 · period ended 2010-12-31 · filed 2011-02-25PaymentsToAcquirePropertyPlantAndEquipment0001193125-12-074929 · FY2011 · period ended 2011-12-31 · filed 2012-02-23NetCashProvidedByUsedInOperatingActivities0001193125-12-074929 · FY2011 · period ended 2011-12-31 · filed 2012-02-23PaymentsOfDividendsCommonStock0001193125-12-074929 · FY2011 · period ended 2011-12-31 · filed 2012-02-23PaymentsToAcquirePropertyPlantAndEquipment0001193125-13-082873 · FY2012 · period ended 2012-12-31 · filed 2013-02-28NetCashProvidedByUsedInOperatingActivities0001193125-13-082873 · FY2012 · period ended 2012-12-31 · filed 2013-02-28PaymentsOfDividendsCommonStock0001193125-13-082873 · FY2012 · period ended 2012-12-31 · filed 2013-02-28PaymentsToAcquirePropertyPlantAndEquipment0001193125-14-055034 · FY2013 · period ended 2013-12-31 · filed 2014-02-14NetCashProvidedByUsedInOperatingActivities0001193125-14-055034 · FY2013 · period ended 2013-12-31 · filed 2014-02-14PaymentsOfDividendsCommonStock0001193125-14-055034 · FY2013 · period ended 2013-12-31 · filed 2014-02-14PaymentsToAcquireProductiveAssets0001193125-15-038681 · FY2014 · period ended 2014-12-31 · filed 2015-02-09NetCashProvidedByUsedInOperatingActivities0001193125-15-038681 · FY2014 · period ended 2014-12-31 · filed 2015-02-09PaymentsOfDividendsCommonStock0001193125-15-038681 · FY2014 · period ended 2014-12-31 · filed 2015-02-09PaymentsToAcquireProductiveAssets0001193125-16-476010 · FY2015 · period ended 2015-12-31 · filed 2016-02-24NetCashProvidedByUsedInOperatingActivities0001193125-16-476010 · FY2015 · period ended 2015-12-31 · filed 2016-02-24PaymentsOfDividendsCommonStock0001193125-16-476010 · FY2015 · period ended 2015-12-31 · filed 2016-02-24PaymentsToAcquireProductiveAssets0001193125-17-036192 · FY2016 · period ended 2016-12-31 · filed 2017-02-09NetCashProvidedByUsedInOperatingActivities0001193125-17-036192 · FY2016 · period ended 2016-12-31 · filed 2017-02-09PaymentsOfDividendsCommonStock0001193125-17-036192 · FY2016 · period ended 2016-12-31 · filed 2017-02-09PaymentsToAcquireProductiveAssets0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06NetCashProvidedByUsedInOperatingActivities0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06PaymentsOfDividendsCommonStock0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06PaymentsToAcquireProductiveAssets0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08NetCashProvidedByUsedInOperatingActivities0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08PaymentsOfDividendsCommonStock0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08PaymentsToAcquireProductiveAssets0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07NetCashProvidedByUsedInOperatingActivities0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07PaymentsOfDividendsCommonStock0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07PaymentsToAcquireProductiveAssets0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28NetCashProvidedByUsedInOperatingActivities0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28PaymentsOfDividendsCommonStock0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28PaymentsToAcquireProductiveAssets0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25NetCashProvidedByUsedInOperatingActivities0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25PaymentsOfDividendsCommonStock0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25PaymentsToAcquireProductiveAssets0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26NetCashProvidedByUsedInOperatingActivities0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26PaymentsOfDividendsCommonStock0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26PaymentsToAcquireProductiveAssets0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23NetCashProvidedByUsedInOperatingActivities0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23PaymentsOfDividendsCommonStock0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23PaymentsToAcquireProductiveAssets0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28NetCashProvidedByUsedInOperatingActivities0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28PaymentsOfDividendsCommonStock0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28PaymentsToAcquireProductiveAssets0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29NetCashProvidedByUsedInOperatingActivities0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29PaymentsOfDividendsCommonStock0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29PaymentsToAcquireProductiveAssetsr: a later 10-K shows a different figure for NetCashProvidedByUsedInOperatingActivities FY2009; NetCashProvidedByUsedInOperatingActivities FY2010; PaymentsToAcquirePropertyPlantAndEquipment FY2010; PaymentsToAcquirePropertyPlantAndEquipment FY2011. As filed is shown.!: tags disagree and the disagreement is unresolved (PaymentsToAcquirePropertyPlantAndEquipment FY2009; PaymentsToAcquirePropertyPlantAndEquipment FY2010; PaymentsToAcquirePropertyPlantAndEquipment FY2011).

Share of free cash flow, fiscal 2009–2025

Details and every year

Acquisitions

27.5%^cr!Acquisitions as a share of free cash flowSEC EDGAR · CIK 00009364680001193125-10-040520 · FY2009 · period ended 2009-12-31 · filed 2010-02-25NetCashProvidedByUsedInOperatingActivities0001193125-10-040520 · FY2009 · period ended 2009-12-31 · filed 2010-02-25PaymentsToAcquireBusinessesAndInterestInAffiliates0001193125-10-040520 · FY2009 · period ended 2009-12-31 · filed 2010-02-25PaymentsToAcquirePropertyPlantAndEquipment0001193125-11-045739 · FY2010 · period ended 2010-12-31 · filed 2011-02-25NetCashProvidedByUsedInOperatingActivities0001193125-11-045739 · FY2010 · period ended 2010-12-31 · filed 2011-02-25PaymentsToAcquireBusinessesAndInterestInAffiliates0001193125-11-045739 · FY2010 · period ended 2010-12-31 · filed 2011-02-25PaymentsToAcquirePropertyPlantAndEquipment0001193125-12-074929 · FY2011 · period ended 2011-12-31 · filed 2012-02-23NetCashProvidedByUsedInOperatingActivities0001193125-12-074929 · FY2011 · period ended 2011-12-31 · filed 2012-02-23PaymentsToAcquireBusinessesAndInterestInAffiliates0001193125-12-074929 · FY2011 · period ended 2011-12-31 · filed 2012-02-23PaymentsToAcquirePropertyPlantAndEquipment0001193125-13-082873 · FY2012 · period ended 2012-12-31 · filed 2013-02-28NetCashProvidedByUsedInOperatingActivities0001193125-13-082873 · FY2012 · period ended 2012-12-31 · filed 2013-02-28PaymentsToAcquireBusinessesAndInterestInAffiliates0001193125-13-082873 · FY2012 · period ended 2012-12-31 · filed 2013-02-28PaymentsToAcquirePropertyPlantAndEquipment0001193125-14-055034 · FY2013 · period ended 2013-12-31 · filed 2014-02-14NetCashProvidedByUsedInOperatingActivities0001193125-14-055034 · FY2013 · period ended 2013-12-31 · filed 2014-02-14PaymentsToAcquireBusinessesAndInterestInAffiliates0001193125-14-055034 · FY2013 · period ended 2013-12-31 · filed 2014-02-14PaymentsToAcquireProductiveAssets0001193125-15-038681 · FY2014 · period ended 2014-12-31 · filed 2015-02-09NetCashProvidedByUsedInOperatingActivities0001193125-15-038681 · FY2014 · period ended 2014-12-31 · filed 2015-02-09PaymentsToAcquireBusinessesAndInterestInAffiliates0001193125-15-038681 · FY2014 · period ended 2014-12-31 · filed 2015-02-09PaymentsToAcquireProductiveAssets0001193125-16-476010 · FY2015 · period ended 2015-12-31 · filed 2016-02-24NetCashProvidedByUsedInOperatingActivities0001193125-16-476010 · FY2015 · period ended 2015-12-31 · filed 2016-02-24PaymentsToAcquireBusinessesAndInterestInAffiliates0001193125-16-476010 · FY2015 · period ended 2015-12-31 · filed 2016-02-24PaymentsToAcquireProductiveAssets0000936468-18-000009 · FY2016 · period ended 2016-12-31 · filed 2018-02-06PaymentsToAcquireBusinessesAndInterestInAffiliates0001193125-17-036192 · FY2016 · period ended 2016-12-31 · filed 2017-02-09NetCashProvidedByUsedInOperatingActivities0001193125-17-036192 · FY2016 · period ended 2016-12-31 · filed 2017-02-09PaymentsToAcquireProductiveAssets0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06NetCashProvidedByUsedInOperatingActivities0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06PaymentsToAcquireBusinessesAndInterestInAffiliates0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06PaymentsToAcquireProductiveAssets0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28NetCashProvidedByUsedInOperatingActivities0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28PaymentsToAcquireBusinessesNetOfCashAcquired0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28PaymentsToAcquireProductiveAssets0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25NetCashProvidedByUsedInOperatingActivities0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25PaymentsToAcquireBusinessesNetOfCashAcquired0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25PaymentsToAcquireProductiveAssetsc: comparative figure from a later filing (PaymentsToAcquireBusinessesAndInterestInAffiliates FY2016); SEC's structured data has no figure from the fiscal year's own 10-K.r: a later 10-K shows a different figure for NetCashProvidedByUsedInOperatingActivities FY2009; NetCashProvidedByUsedInOperatingActivities FY2010; PaymentsToAcquirePropertyPlantAndEquipment FY2010; PaymentsToAcquireBusinessesAndInterestInAffiliates FY2011; PaymentsToAcquirePropertyPlantAndEquipment FY2011; PaymentsToAcquireBusinessesAndInterestInAffiliates FY2012. As filed is shown.!: tags disagree and the disagreement is unresolved (PaymentsToAcquirePropertyPlantAndEquipment FY2009; PaymentsToAcquirePropertyPlantAndEquipment FY2010; PaymentsToAcquirePropertyPlantAndEquipment FY2011).

Share of free cash flow, fiscal 2009–2017, 2020–2021

Details and every year

Median ROIC

39.8%^rMedian return on invested capitalSEC EDGAR · CIK 00009364680000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06CashAndCashEquivalentsAtCarryingValue0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06CommercialPaper0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06LongTermDebtCurrent0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06LongTermDebtNoncurrent0000936468-18-000009 · FY2017 · period ended 2017-12-31 · filed 2018-02-06StockholdersEquity0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08CashAndCashEquivalentsAtCarryingValue0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08DebtCurrent0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08IncomeTaxExpenseBenefit0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08LongTermDebtNoncurrent0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08OperatingIncomeLoss0000936468-19-000009 · FY2018 · period ended 2018-12-31 · filed 2019-02-08StockholdersEquity0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07CashAndCashEquivalentsAtCarryingValue0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07DebtCurrent0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07IncomeTaxExpenseBenefit0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07LongTermDebtNoncurrent0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07OperatingIncomeLoss0000936468-20-000016 · FY2019 · period ended 2019-12-31 · filed 2020-02-07StockholdersEquity0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28CashAndCashEquivalentsAtCarryingValue0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28DebtCurrent0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28IncomeTaxExpenseBenefit0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28LongTermDebtNoncurrent0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28OperatingIncomeLoss0000936468-21-000013 · FY2020 · period ended 2020-12-31 · filed 2021-01-28StockholdersEquity0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25CashAndCashEquivalentsAtCarryingValue0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25DebtCurrent0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25IncomeTaxExpenseBenefit0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25LongTermDebtNoncurrent0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25OperatingIncomeLoss0000936468-22-000008 · FY2021 · period ended 2021-12-31 · filed 2022-01-25StockholdersEquity0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26CashAndCashEquivalentsAtCarryingValue0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26IncomeTaxExpenseBenefit0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26LongTermDebtCurrent0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26LongTermDebtNoncurrent0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26OperatingIncomeLoss0000936468-23-000009 · FY2022 · period ended 2022-12-31 · filed 2023-01-26StockholdersEquity0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23CashAndCashEquivalentsAtCarryingValue0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23IncomeTaxExpenseBenefit0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23LongTermDebtCurrent0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23LongTermDebtNoncurrent0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23OperatingIncomeLoss0000936468-24-000010 · FY2023 · period ended 2023-12-31 · filed 2024-01-23StockholdersEquity0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28CashAndCashEquivalentsAtCarryingValue0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28IncomeTaxExpenseBenefit0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28LongTermDebtCurrent0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28LongTermDebtNoncurrent0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28OperatingIncomeLoss0000936468-25-000009 · FY2024 · period ended 2024-12-31 · filed 2025-01-28StockholdersEquity0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29CashAndCashEquivalentsAtCarryingValue0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29IncomeTaxExpenseBenefit0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29LongTermDebtCurrent0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29LongTermDebtNoncurrent0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29OperatingIncomeLoss0001628280-26-004195 · FY2025 · period ended 2025-12-31 · filed 2026-01-29StockholdersEquityr: a later 10-K shows a different figure for StockholdersEquity FY2017. As filed is shown.equity at or below zero in FY2017; invested capital is calculated with the negative equity; ROIC median over 8 of 16 years (FY2018 to FY2025); no ROIC shown for FY2010: closing capital: FY2010: no short-term debt line (DebtCurrent, LongTermDebtCurrent, ShortTermBorrowings, CommercialPaper, ...); FY2011: opening capital: FY2010: no short-term debt line (DebtCurrent, LongTermDebtCurrent, ShortTermBorrowings, CommercialPaper, ...); FY2012: opening capital: FY2011: no short-term debt line (DebtCurrent, LongTermDebtCurrent, ShortTermBorrowings, CommercialPaper, ...); FY2013: closing capital: FY2013: no short-term debt line (DebtCurrent, LongTermDebtCurrent, ShortTermBorrowings, CommercialPaper, ...); FY2014: opening capital: FY2013: no short-term debt line (DebtCurrent, LongTermDebtCurrent, ShortTermBorrowings, CommercialPaper, ...); FY2015: opening capital: FY2014: no short-term debt line (DebtCurrent, LongTermDebtCurrent, ShortTermBorrowings, CommercialPaper, ...); FY2016: closing capital: FY2016: current portion of long-term debt not tagged (CommercialPaper only); FY2017: opening capital: FY2016: current portion of long-term debt not tagged (CommercialPaper only)

Return on invested capital, fiscal 2018–2025

Details and every year

Sections, fiscal 2009–2025

• Where the cash wentFree cash flow and what it was spent on — buybacks, dividends, acquisitions and debt — year by year.
• Return on capitalReturn on invested capital and on incremental capital, and up to three estimates of owner earnings.
• Management recordPrices paid for buybacks, debt against operating income, margins, share issuance and stock-based pay.