Consolidated Statements of Comprehensive Income (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
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Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2012
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Net earnings | $ 3,614us-gaap_NetIncomeLoss | $ 2,981us-gaap_NetIncomeLoss | $ 2,745us-gaap_NetIncomeLoss |
Postretirement benefit plans | |||
Net other comprehensive (loss) income recognized during the period, net of tax benefit (expense) of $1.5 billion in 2014, $(1.6) billion in 2013 and $1.8 billion in 2012 | (2,870)lmt_OtherComprehensiveIncomePostretirementBenefitPlansUnrecognizedAmountsNetOfTax | 2,868lmt_OtherComprehensiveIncomePostretirementBenefitPlansUnrecognizedAmountsNetOfTax | (3,204)lmt_OtherComprehensiveIncomePostretirementBenefitPlansUnrecognizedAmountsNetOfTax |
Amounts reclassified from accumulated other comprehensive loss, net of tax expense of $386 million in 2014, $555 million in 2013 and $469 million in 2012 | 706us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax | 1,015us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax | 858us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax |
Other, net | (105)us-gaap_OtherComprehensiveIncomeOtherNetOfTax | 9us-gaap_OtherComprehensiveIncomeOtherNetOfTax | 110us-gaap_OtherComprehensiveIncomeOtherNetOfTax |
Other comprehensive (loss) income, net of tax | (2,269)us-gaap_OtherComprehensiveIncomeLossNetOfTax | 3,892us-gaap_OtherComprehensiveIncomeLossNetOfTax | (2,236)us-gaap_OtherComprehensiveIncomeLossNetOfTax |
Comprehensive income | $ 1,345us-gaap_ComprehensiveIncomeNetOfTax | $ 6,873us-gaap_ComprehensiveIncomeNetOfTax | $ 509us-gaap_ComprehensiveIncomeNetOfTax |
X | ||||||||||
- Definition
Actuarial gains (losses) due to differences between actual experience and actuarial assumptions, and prior service credits (costs) from improvements or reductions in plan benefits, each of which occurred during the year and were recognized as a component of other comprehensive income (loss) at the end of the year. No definition available.
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- Definition
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. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after tax of reclassification adjustment from accumulated other comprehensive (income) loss related to net period benefit cost (credit) for pension and other postretirement defined benefit plans. No definition available.
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- Definition
The change in other comprehensive income during the reporting period, net of tax, for an item that is not separately disclosed. No definition available.
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