Defined Benefit Pension Plan Liabilities (Non-Current)
General Dynamics Defined Benefit Pension Plan Liabilities (Non-Current) decreased by 3.6% to $1.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 44.1%, from $1.96B to $1.09B. Over 5 years (FY 2020 to FY 2025), Defined Benefit Pension Plan Liabilities (Non-Current) shows a downward trend with a -26.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase indicates a growing pension deficit, potentially requiring higher future cash contributions, while a decrease signals improved funding status.
Detailed definition
This represents the long-term liability recognized when the projected benefit obligation of a defined benefit pension pl...
Peer comparison
Standard for mature companies with legacy pension obligations to their workforce.
defined_benefit_plan_liabilities_noncurrentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.85B | $4.73B | $2.81B | $2.72B | $2.60B | $2.47B | $2.45B | $2.27B | $2.32B | $2.29B | $2.22B | $2.17B | $2.12B | $2.06B | $2.02B | $1.96B | $1.88B | $1.77B | $1.13B | $1.09B |
| QoQ Change | — | -2.4% | -40.5% | -3.4% | -4.3% | -4.8% | -0.8% | -7.3% | +2.1% | -1.1% | -3.3% | -2.2% | -2.2% | -3.1% | -1.7% | -3.3% | -4.2% | -5.4% | -36.0% | -3.6% |
| YoY Change | — | — | — | — | -46.4% | -47.7% | -12.8% | -16.3% | -10.8% | -7.3% | -9.5% | -4.5% | -8.4% | -10.3% | -8.8% | -9.9% | -11.7% | -13.8% | -44.0% | -44.1% |
Defined Benefit Pension Plan Liabilities (Non-Current) at Other Companies
Frequently Asked Questions
- What is General Dynamics's defined benefit pension plan liabilities (non-current)?
- General Dynamics (GD) reported defined benefit pension plan liabilities (non-current) of $1.09B in Q1 2026.
- How has General Dynamics's defined benefit pension plan liabilities (non-current) changed year-over-year?
- General Dynamics's defined benefit pension plan liabilities (non-current) decreased by 44.1% year-over-year, from $1.96B to $1.09B.
- What is the long-term trend for General Dynamics's defined benefit pension plan liabilities (non-current)?
- Over 5 years (2020 to 2025), General Dynamics's defined benefit pension plan liabilities (non-current) has grown at a -26.2% compound annual growth rate (CAGR), from $5.18B to $1.13B.
- What does defined benefit pension plan liabilities (non-current) mean?
- The long-term shortfall in funding for company-sponsored pension plans.