Non-Current Liabilities

Defined Benefit Pension Plan Liabilities (Non-Current)

Northrop Grumman Defined Benefit Pension Plan Liabilities (Non-Current) decreased by 1.4% to $1.10B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.8%, from $1.12B to $1.10B. Over 5 years (FY 2020 to FY 2025), Defined Benefit Pension Plan Liabilities (Non-Current) shows a downward trend with a -29.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 21, 2026

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.

Metric ID: defined_benefit_plan_liabilities_noncurrent

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5.94B$5.67B$3.27B$2.98B$2.69B$2.41B$1.19B$1.17B$1.16B$1.15B$1.29B$1.25B$1.21B$1.19B$1.12B$1.12B$1.11B$1.10B$1.11B$1.10B
QoQ Change-4.6%-42.3%-8.9%-9.6%-10.7%-50.6%-1.3%-1.0%-1.2%+12.5%-3.1%-3.1%-2.1%-5.6%-0.4%-0.6%-0.7%+0.9%-1.4%
YoY Change-54.7%-57.6%-63.7%-60.6%-56.9%-52.3%+8.6%+6.6%+4.3%+3.4%-13.2%-10.8%-8.5%-7.3%-0.9%-1.8%
Range$1.10B$5.94B
CAGR-30.0%
Avg YoY Growth-22.8%
Median YoY Growth-9.7%

Frequently Asked Questions

What is Northrop Grumman's defined benefit pension plan liabilities (non-current)?
Northrop Grumman (NOC) reported defined benefit pension plan liabilities (non-current) of $1.10B in Q1 2026.
How has Northrop Grumman's defined benefit pension plan liabilities (non-current) changed year-over-year?
Northrop Grumman's defined benefit pension plan liabilities (non-current) decreased by 1.8% year-over-year, from $1.12B to $1.10B.
What is the long-term trend for Northrop Grumman's defined benefit pension plan liabilities (non-current)?
Over 5 years (2020 to 2025), Northrop Grumman's defined benefit pension plan liabilities (non-current) has grown at a -29.8% compound annual growth rate (CAGR), from $6.50B to $1.11B.
What does defined benefit pension plan liabilities (non-current) mean?
The long-term shortfall in funding for company-sponsored pension plans.