Question

Obtain the Lockheed Martin (LMT) 2016 Annual Report online (amounts in annual report and in questions are in $M) .How much is the asset gain or loss (unexpected asset gain or loss) for 2016? 9.How much is the liability gain or loss (unexpected liability gain or loss) for 2016? 10.How much of the liability gains or losses are amortized into pension expense for 2016?

Answer 1

1) Ans: Lockheed Martin Corporation 2016 annual report in the Total Asset are $47,806, and 2015 reports Total Assets are $49,304

= 2016 Assets - 2015 Assets

= $47,806 - $49,304

Loss = $(-1498)

Lockheed Martin Corporation are 2016 all Asstes loss = $(-1498)

2) Ans:   Lockheed Martin Corporation 2016 annual report in the Total Liability are $46,200 and 2015 reports Total Liability are $46,207

  = 2016 Liability - 2015 Liability

= $46,200 - $46,207

Loss = $(-7)

  Lockheed Martin Corporation are 2016 all Liability loss = $(-7)

3) Ans:    Lockheed Martin Corporation 2016 annual report in the pension expenses are $13,855