Defined Benefit Pension Plan Liabilities (Non-Current)
Lockheed Martin Defined Benefit Pension Plan Liabilities (Non-Current) increased by 0.2% to $3.92B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.5%, from $4.82B to $3.92B. Over 5 years (FY 2020 to FY 2025), Defined Benefit Pension Plan Liabilities (Non-Current) shows a downward trend with a -21.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
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 | $12.41B | $9.35B | $8.32B | $8.14B | $5.81B | $5.75B | $5.47B | $5.42B | $5.37B | $5.32B | $6.16B | $6.13B | $6.11B | $6.08B | $4.79B | $4.82B | $4.84B | $4.86B | $3.92B | $3.92B |
| QoQ Change | — | -24.7% | -11.0% | -2.1% | -28.7% | -1.1% | -4.8% | -0.9% | -0.9% | -0.9% | +15.8% | -0.5% | -0.5% | -0.5% | -21.2% | +0.5% | +0.5% | +0.5% | -19.5% | +0.2% |
| YoY Change | — | — | — | — | -53.2% | -38.6% | -34.2% | -33.4% | -7.5% | -7.3% | +12.6% | +13.1% | +13.6% | +14.2% | -22.2% | -21.5% | -20.8% | -20.0% | -18.3% | -18.5% |
Defined Benefit Pension Plan Liabilities (Non-Current) at Other Companies
Frequently Asked Questions
- What is Lockheed Martin's defined benefit pension plan liabilities (non-current)?
- Lockheed Martin (LMT) reported defined benefit pension plan liabilities (non-current) of $3.92B in Q1 2026.
- How has Lockheed Martin's defined benefit pension plan liabilities (non-current) changed year-over-year?
- Lockheed Martin's defined benefit pension plan liabilities (non-current) decreased by 18.5% year-over-year, from $4.82B to $3.92B.
- What is the long-term trend for Lockheed Martin's defined benefit pension plan liabilities (non-current)?
- Over 5 years (2020 to 2025), Lockheed Martin's defined benefit pension plan liabilities (non-current) has grown at a -21.2% compound annual growth rate (CAGR), from $12.87B to $3.92B.
- What does defined benefit pension plan liabilities (non-current) mean?
- The long-term shortfall in funding for company-sponsored pension plans.