LOCKHEED MARTIN CORP Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Lockheed Martin Corp quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Lockheed Martin Corp Interest Expense for the quarter ending March 31, 2024 was $255M, a 26.2% increase year-over-year.
  • Lockheed Martin Corp Interest Expense for the twelve months ending March 31, 2024 was $969M, a 40.4% increase year-over-year.
  • Lockheed Martin Corp annual Interest Expense for 2023 was $916M, a 47% increase from 2022.
  • Lockheed Martin Corp annual Interest Expense for 2022 was $623M, a 9.49% increase from 2021.
  • Lockheed Martin Corp annual Interest Expense for 2021 was $569M, a 3.72% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $916M +$293M +47% Jan 1, 2023 Dec 31, 2023 10-K 2024-01-23
2022 $623M +$54M +9.49% Jan 1, 2022 Dec 31, 2022 10-K 2024-01-23
2021 $569M -$22M -3.72% Jan 1, 2021 Dec 31, 2021 10-K 2024-01-23
2020 $591M -$62M -9.5% Jan 1, 2020 Dec 31, 2020 10-K 2023-01-26
2019 $653M -$15M -2.25% Jan 1, 2019 Dec 31, 2019 10-K 2022-01-25
2018 $668M +$17M +2.61% Jan 1, 2018 Dec 31, 2018 10-K 2021-01-28
2017 $651M -$12M -1.81% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-07
2016 $663M +$220M +49.7% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-08
2015 $443M +$103M +30.3% Jan 1, 2015 Dec 31, 2015 10-K/A 2018-02-16
2014 $340M -$10M -2.86% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-09
2013 $350M -$33M -8.62% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-24
2012 $383M +$29M +8.19% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-09
2011 $354M +$9M +2.61% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-14
2010 $345M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.